Third-party software support provider Rimini Street is moving ahead with its expected plans for an initial public offering, even as it awaits a showdown in court with Oracle.
The New York Stock Exchange has formally approved Twitter stock for trading, making it likely that the much-anticipated initial public offering will take place on Thursday.
Acer CEO J.T. Wang is resigning from his post at the Taiwanese PC maker and will be replaced by president Jim Wong as part of a corporate restructuring that will try to revitalize the company's sagging fortunes.
EMC has sued Pure Storage for allegedly colluding with some of the storage giant's former employees to misappropriate and bring to the startup confidential EMC information and trade secrets, including lists and notes on current and potential customer...
Intel is paying serious attention to small electronics, wearable technology and the do-it-yourself crowd, establishing a new business group to address those market segments.
Google has added some new privacy controls to Google+ to give business users a more secure way to share sensitive information on the social network.
Open Text is acquiring GXS Group for US$1.17 billion in a deal that will give the information management software vendor a widely used cloud-based business-to-business trading platform.
Apple plans to build a components plant in Mesa, Arizona, that will run entirely on renewable energy.
Twitter on Monday increased the price of shares in its initial public offering to a range of US$23 to $25 per share and also revealed that IBM has claimed the company has infringed on several patents.
BlackBerry will change its CEO and accept a US$1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself.
BlackBerry is expected to announce a definitive merger agreement with Fairfax Financial Holdings on Monday -- or present an alternative bidder to help get the company back on track, with the latter group including the likes of Qualcomm.
BlackBerry will change its CEO and accept a $US1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself.
Supercomputer maker Cray has hired the founders and key engineers of Gnodal who will be working to develop new technology.
Though the shutdown and spending cuts by the U.S. government are taking a toll on IT sales this year, market surveys and financial results from the likes of Apple and Facebook this week show some positive signs for tech.
A majority of Oracle shareholders have once again voted against the company's executive pay practices, including for CEO Larry Ellison.
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