SAN FRANCISCO (AP) — Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.The results announced Tuesday are an improvement from Oracle's previous quarter, when the company's revenue dipped slightly from a year earlier.The latest quarter spanned September through November. That makes Oracle the first technology...
Oracle sees third-quarter profit of 64 to 68 cents per share
Labels: BusinessBOSTON (Reuters) - Oracle Corp, the world's No. 3 software maker, said it expects to report non-GAAP earnings per share of 64 cents to 68 cents in its fiscal third quarter.Oracle forecast that third-quarter new software sales and cloud subscriptions sales will rise 3 percent to 13 percent from a year earlier.The company said its sees third-quarter hardware products sales flat to down 10 percent from...
Oracle beats outlook, shrugs off fiscal debate
Labels: BusinessBOSTON/SAN FRANCISCO (Reuters) - Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers.Shares of the world's No. 3 software maker rose 1.3 percent after it reported fiscal second-quarter revenue and earnings that surpassed Wall Street...
BofA CEO: Fed wants bank to show consistent earnings
Labels: BusinessCHARLOTTE, North Carolina (Reuters) - Bank of America Corp needs to show the U.S. Federal Reserve it can produce consistent earnings as part of the annual process to gain permission to return more capital to shareholders, CEO Brian Moynihan said in an interview.The second-largest U.S. bank is turning a profit in most of its main businesses, but it inherited costly legal problems when it acquired companies...
Top UBS shareholder pins rebound hopes on private wealth
Labels: BusinessLONDON (Reuters) - UBS's wealth management business will help it bounce back from a $1.5 billion rap for rigging interest rates, one of its largest investors said, although fears of costly civil lawsuits could cast a pall over its shares for some time.Paras Anand, European equities head at Fidelity Worldwide Investment, said legal action sparked by the Libor scandal posed an unpredictable threat to...
Jan
02
Facebook's SnapChat-Style Sexting App Is Called Poke (Seriously)
Labels: TechOh, well would you look at Facebook, trying to make a Christmas funny with its SnapChat copycat app. It's called Poke! Get it? Because SnapChat is what the kids are all using for their sexting these days, apparently, and Poke — you know, that once kinda flirty Facebook future that's now pretty much useless — can kind of do the same thing, and it kind of sounds like some bad sexual pun, too! Funny,...
Facebook releases ‘Poke’ for the iPhone to compete with Snapchat
Labels: TechFacebook (FB) on Friday released a new free application for the iPhone called Poke that competes directly with Snapchat and allows users to send a messages, photos or videos that will self-destruct after a set time. With Poke you can send messages to individual friends or groups that are set to expire after one, three, five or ten seconds. The app is simple to use and only requires you to hold down...
Facebook’s new easier-to-manage ‘Privacy Shortcuts’ rolling out globally
Labels: TechManaging Facebook (FB) privacy settings can be a daunting nightmare. Facebook’s new “Privacy Shortcuts” is designed to make sharing items as transparent as possible with always-visible privacy button on the top toolbar. The update also brings “an easier-to-use Activity Log, and a new Request and Removal tool for managing multiple photos you’re tagged in.” The new Facebook privacy controls are rolling...
Student suspended after vague Facebook post about dressing as Santa deemed threatening
Labels: TechA student in Georgia who planned to go to school dressed as Santa Claus was instead suspended after school officials perceived an enigmatic Facebook message about his plan as a threat.On Tuesday at approximately 7 p.m., John George III, a sophomore at Crawford County High School, posted on his Facebook page: “Students of cchs ur in for a big surprise tomorrow ,” reports WMAZ-TV.A parent saw George’s...
Newsmaker of the Year selection triggers storm of debate on social media
Labels: TechOTTAWA - The selection of Luka Rocco Magnotta as Canada's 2012 Newsmaker of the Year lit up the country's social media and news web sites on Sunday with a cyclone of outrage and condemnation.The alleged killer, who now sits in a Montreal detention centre as his case goes through the legal process, was the subject of a global manhunt last spring after a Chinese engineering student was killed, his body...
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