IT Industry

IT industry news, trends, analysis and practical advice

microsoft layoffs
SAP CEO Bill McDermott

alibaba jack ma

Alibaba shares close first day of trading at $93.89

In their first day of trading, shares of Alibaba stock opened at $92.70 on the New York Stock Exchange on Friday, an increase of more than 35 percent over the $68 initial public offering price. The stock closed at nearly $94.

Larry Ellison, Oracle

Oracle's Larry Ellison downshifts, but leadership remains the same

The same three leaders at Oracle carry on, though their roles change

Alibaba offices

Alibaba's IPO could be 'open sesame' for global expansion

Alibaba is expected to begin offering shares Friday for $68 a pop on the New York Stock Exchange in one of the biggest IPOs ever.

Red Hat acquires FeedHenry to get mobile app chops

The deal adds better mobile capabilities to the JBoss Middleware portfolio

Satya Nadella, CEO at Microsoft.

Nadella regime board shuffle continues at Microsoft

Microsoft's board of directors continued to morph yesterday as it turned over two members, the latest move in the biggest shuffling of the board since the company went public nearly three decades ago.

Reports of another wave of layoffs rekindle bad press for Microsoft

Microsoft's massive staff reduction, which shocked many when it was announced in July, is back in the spotlight with a pair of reports that the ax will come down on another group of employees Thursday.

Use of forced labor 'systemic' in Malaysian IT manufacturing

Almost every brand-name company sourcing from the country is impacted by the practice, said a new report

Cisco buys Metacloud

Cisco buys private cloud provider Metacloud

Cisco Systems plans to acquire privately held Metacloud, which specializes in private clouds based on the OpenStack-based open-source cloud computing platform.

Windows 9

Microsoft sets Windows 9 reveal for Sept. 30

Microsoft issued invitations on Monday for a Sept. 30 event where it will unveil the next version of Windows, according to multiple online reports.

minecraft logo

Update: Microsoft buys Minecraft maker Mojang for $2.5B

Microsoft has agreed to buy Mojang, the Swedish developer of a top selling PC and console game, for $2.5 billion, the companies announced Monday.

Scotland vote, 2014

In Scotland, tech firms fear independence vote

The one sure thing a "yes" vote Thursday for Scottish independence will bring to its high-tech sector is a long period of uncertainty.

Oracle to acquire content storage management company Front Porch Digital

Oracle has signed an agreement to acquire Front Porch Digital, a provider of technology for migrating, managing and monetizing large-scale media content.

Ericsson buys Fabrix Systems for $95M to help put TV on any screen

Ericsson plans to buy Fabrix Systems, which sells a cloud-based platform for delivering DVR (digital video recorder), video on demand and other services for $95 million.

Google acquires online survey specialist Polar

Google has acquired Polar, a company that specializes in online polls that allows its customers to get "instant opinions on anything."

Tibco confirms it is exploring 'strategic and financial alternatives'

Potential acquirers of the software vendor include SAP, Hewlett-Packard and even Infosys, according to one analyst.

Compuware switches to private ownership

Thoma Bravo is purchasing the enterprise infrastructure software company for $2.5 billion.

Oracle completes Micros acquisition, forms new global business unit

Oracle makes a big push into hospitality and retail with the addition of Micros

Apple test car image

Apple's iPhone 6 livestream wasn't very iSlick

For a company famous for stage managing its events down to the tiniest detail, the livestream of Apple's launch event for its Apple Watch and new iPhones left a lot to be desired.

Load More