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LinkedIn Lands CNBC Deal
CNBC has entered into an alliance with LinkedIn under which the financial news channel will air content generated by the professional networking site's 27 million members. CNBC will integrate LinkedIn's networking functionality into its website CNBC.com, enabling users to share and discuss news with their professional contacts. Community-generated content such as survey and poll results from LinkedIn will be broadcast on CNBC, while the latter will provide LinkedIn with its programming, articles and blogs, and financial data and video content.
[Full Article] Sep-07-2008

 

Oracle to Acquire ClearApp
Oracle announced plans to acquire applications management software maker ClearApp. The acquisition, which is expected to close by the end of the year, aims to enhance Oracle's lineup of Enterprise Manager products. ClearApp's technology is designed to allow customers to manage applications built on service-oriented architecture (SOA) platforms. ClearApp's software aims to provide a greater view into a company's business services spread across all related application components. Terms of the deal were not disclosed.
Source: CNET
[Full Article] Sep-07-2008

 

Google takes aim at Microsoft with new Web browser
Google Inc. is releasing its own Web browser in a long-anticipated move aimed at countering the dominance of Microsoft Corp.'s Internet Explorer and ensuring easy access to its market-leading search engine. The free browser, called "Chrome," is supposed to be available for downloading Tuesday in more than 100 countries for computers running on Microsoft's Windows operating system. Google said it's still working on versions compatible with Apple Inc.'s Mac computer and the Linux operating system.
[Full Article] Sep-02-2008

 

J. Crew Blames Software for Its Bad Quarter
Most retailers are blaming a slowing economy for their fiscal shortcomings. J. Crew is blaming a botched system upgrade. The new system went live on June 28, the problems began almost immediately. Just what did he mean by issues? The site has been down periodically since June, costing the company untold sales and frustrating customers, at least the customers who post on blogs and message boards. And we’ve read reports about botched orders and returns: In one case, a man was charged $9,200 for shipping and handling for three baby-sized shirts – he had ordered men’s medium – and then couldn’t get the Web site to process his attempt to return the goods, according to the man’s blog. J. Crew said it spent about $3 million in the just-completed quarter to fix the problem, and made numerous public apologies, but never pointed a finger at any specific softare company.
Source: WSJ
[Full Article] Aug-29-2008

 

Cisco to acquire PostPath for $215 million
Cisco Systems announced plans to acquire e-mail and calendaring software maker PostPath in a $215 million deal. The acquisition, which is scheduled to close by the end of October, is designed to bolster Cisco's collaboration portfolio by including PostPath's Linux-based e-mail and calendaring software with Cisco's "software as a service" platform. Cisco's collaborative platform includes instant messaging, voice, video, data, document management, and Web 2.0 applications. PostPath will be folded into Cisco's Collaboration Software Group.
[Full Article] Aug-27-2008

 

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