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SAP-Oracle Battle Brings Apology for Theft

The hot seat was blazing for SAP co-Chief Executive Officer Bill McDermott today, as the Oracle lawsuit brought against the company has finally led to an apology. Under cross examination by Oracle attorney David Boies in the trial to determine damages for …

Intel Raises Dividends, Preps for Happy Holidays

Intel has announced a 15 percent raise in dividends following the trend of other IT giants such as Microsoft Corporation that raised its quarterly dividends in September by 3 percent to 16 percent and Cisco Systems raising its dividends between 1 and …

SVP Jeff Bronikowski Leaves Yahoo for AOL

With competitors such as Facebook, Google and Microsoft, Yahoo has been losing ground in the last years, leading to a series of layoffs and executive shakeups from top to bottom.  At the moment, Senior Vice President of Yahoo, Jeff Bronikowski is leaving …

Softbank’s Son on the Future of Thinking Machines

Softbank CEO and founder, Masayoshi Son, was interviewed by the Wall Street Journal on various topics, the most notable being that of the future of the world, i.e. artificial intelligence. Judging by his own calculations, Masayoshi Son predicts that in 20 or …

Socializr Just Got Punchbowl’d

Socializr, a web service allowing users to coordinate party planning and invitations, was acquired by Punchbowl, Socializr’s bigger counterpart, in a deal that will forward the stabilization of Punchbowl in the party-planning market.  The financial terms of the acquisition were not made …

Location-aware Shopping Platform Attracts $1.5M

The commerce via mobile means has been gaining great popularity in the last period, and with the holiday season warming up, things will get even busier. Retailers and sellers encourage customers to order via mobile phones. In order to gain their customers’ …

Nvidia’s CEO Sees Future in Android Tablets

Nvidia CEO Jen-Hsun Huang made a statement on the near launch of Android tablets, referred to them as things that must ultimately be ‘truly remarkable’ in comparison with rival products, such as the iPad. The statement came during an earnings call, revealing …

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