Salesforce.com's rapid growth is now being fueled increasingly by large deals for its cloud software, according to CEO Marc Benioff.
Aerohive Networks, a networking vendor that's bullish on the convergence of enterprise wired and wireless LANs, aims to raise US$75 million through an initial public offering.
Satya Nadella will get US$1.2 million in salary for his first year as CEO of Microsoft, the company said Tuesday.
When Google awarded Eric Schmidt a US$100 million stock bonus in 2011 it was seen as unprecedented for the company. Now it's doing it again.
The total compensation packages of top executives at Intel fell sharply in 2013 as a result of changes in the way the chip maker pays senior employees.
Hewlett-Packard has revised financial reports for its Autonomy division after the company said that an audit turned up a number of serious accounting errors.
Oracle is set to acquire business-to-consumer marketing software vendor Responsys for US$1.5 billion in a bid to flesh out its own capabilities as well as strike back at rivals such as Salesforce.com and Microsoft.
Oracle's second-quarter revenue rose 2 percent to US$9.3 billion while net income dropped 1 percent to $2.6 billion, with new software license and cloud subscription revenue flat and hardware product revenue continuing a long slide.
AT&T wants to silence a shareholder proposal that it disclose the government requests it receives for customer information, rejecting a step that Google, Microsoft and other Internet companies have already taken.
U.S. securities regulators questioned an early version of Twitter's initial public offering prospectus that claimed the social media company was becoming more profitable when it was actually losing increasing amounts of money.
Twitter has set its IPO price at US$26 per share, a dollar above the top end of the price range it predicted earlier this week.
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.
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.
A majority of Oracle shareholders have once again voted against the company's executive pay practices, including for CEO Larry Ellison.
Twitter plans to price its IPO shares between US$17 and $20 when it lists on the New York Stock Exchange, the company said Thursday in a filing
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