Software & IT services


Microsoft hands display ads to AOL, maps to Uber

Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations.

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Samsung partners with Sigfox for Internet of Things

Samsung, the technology giant has announced its undisclosed amount of investment in France-based start up Sigfox, which has recently raised $115 million mega round in venture capital.

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Adobe profit beats analysts estimates; forecast disappoints

Photoshop maker Adobe Systems Inc (ADBE.O) reported a better-than-expected profit for the sixth straight quarter, helped by a 12 percent sequential jump in annualized recurring revenue in its digital media segment.

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Craig Federighi

Apple introduces split-screen multitasking feature in iPad

Making iPad a more functional device for business productivity, Apple on Tuesday launched a split- screen real multitasking app that allows users to run two app side-by-side.

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Shen Nanpeng

PicsArt scores $15m from Sequoia and Insight Venture Partners

Photo-sharing app, PicsArt Photo Studio (PicsArt), which lets its 65 million plus active users creatively edit photos into works of art, has raised $15 million in new funding led by leading global private equity and venture capital firms, Insight Venture Partners and Sequoia Capital.

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DNA in the cloud

Amazon, Google race to get your DNA into the cloud Inc is in a race against Google Inc to store data on human DNA, seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth $1 billion a year by 2018.

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Windows 10 Preview Build

Microsoft says Windows 10 available on July 29

Microsoft Corp said on Monday its new Windows 10 operating system will be available worldwide on July 29, as a free upgrade for users of the most recent versions of Windows.

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Uber logo in front of a displayed logo of HERE

Contest for Nokia's HERE seen as a three-way race

The contest for Nokia's (NOK1V.HE) maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said.

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Huawei stakes claim in 'Internet of Things' market with new operating system

China's Huawei Technologies Co Ltd, the world's biggest telecommunications equipment maker, on Wednesday became the latest tech giant to present its own take on the 'Internet of Things' (IoT), centered on an operating system designed to allow household and business appliances to communicate with each other online.

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Salesforce shares spike on report of Microsoft evaluating bid

Shares of Inc (CRM.N) jumped 6.2 percent in late afternoon trading on Tuesday, after Bloomberg reported that Microsoft Corp (MSFT.O) is evaluating a bid for the cloud software provider.

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Satya Nadella\

Microsoft opens door to Android, Apple phone apps

Microsoft Corp (MSFT.O) is making it easier for apps written for rival Google Inc's (GOOGL.O) Android and Apple Inc's (AAPL.O) iOS systems to work on Windows phones, in a bid to attract users to its unpopular mobile devices, the company's operating systems chief said on Wednesday.

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Tencent Holdings

Tencent takes on Alibaba, Xiaomi with open smart hardware operating system

China's Tencent Holdings Ltd launched on Tuesday an operating system for internet-connected devices such as TVs and watches that is open to all developers, taking on domestic rivals Alibaba Group Holding Ltd and Xiaomi Inc in the smart hardware space.

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Mobile World Congress 2015 - Day 2

Microsoft profit, revenue beats Wall Street view; shares up

Microsoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business.

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Flag of Cuba

New York's Infor says reaches deal to resell software in Cuba

New York City-based software company Infor has identified a Cuban partner and reached an agreement to resell software in Cuba, Chief Executive Officer Charles Phillips said on Tuesday.

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IBM sales fall for 12th quarter, currency weighs

International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives.

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