SAP

SAP Agrees to Pay Over $230 Million to Settle Bribery Charges, US Authorities Say

SAP Agrees to Pay Over $230 Million to Settle Bribery Charges, US Authorities Say

German enterprise tech company SAP has agreed to pay more than $230 million to settle investigations into "recidivist" bribery practices in seven countries, US authorities said.

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US tech companies lead the $100B market capitalization list

Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.

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SAP says not considering acquiring Salesforce.com

German business software company SAP (SAPG.DE) said on Friday it is not considering acquiring online rival Salesforce.com Inc (CRM.N), after a news report suggested the leaders of the two companies had held talks about strategic alliances last year.

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IBM to share technology with China in strategy shift

IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies.

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IBM profit forecast, fourth-quarter revenue below estimates

International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.

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SAP CEO sees company staying independent in long term -paper

German software maker SAP will remain an independent company in the long term, its chief executive told a German newspaper.

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SAP CEO rules out big acquisitions in next few years

German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.

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Microsoft sales beat Street hopes, cloud profits up

Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

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SAP agrees to buy expense software maker Concur for $7.3 billion

German business software maker SAP (SAPG.DE) said on Thursday it has agreed to acquire U.S.-based expense management software maker Concur Technologies Inc (CNQR.O) in an all-stock deal valued at $7.3 billion that expands its presence in internet-based software or so-called cloud computing.

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Irish firm Analytics Engines secures $1.6M in funding

Belfast, Ireland-based analytics and big data firm Analytics Engines secured $1.6 million (£1 million) in a funding round led by Crescent Capital to develop its software accelerating platform and widen its market reach.

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California-based Cloud Foundry to boost popularity by launching open source foundation

San Mateo, US-based open platform as a service Cloud Foundry is about to become more popular by launching the Cloud Foundry Foundation, which will help servers deploy software apps of developers under an open-source Apache license.

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German software giant SAP to open startup cafes in Palo Alto

In a bid to attract more startups, Walldorf, Germany-based sofware giant SAP planned to open a cafe in Palo Alto, California, where startups companies can hang out, collaborate, and connect to over 1,000 companies worldwide.

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SAP debating moves to cloud, may impact 2015 sales target

German enterprise software group SAP announced on Friday that it was debating internally whether to accelerate moving more of its business to the cloud, a quick change in its overall strategy that could have a small impact on its target to grow sales to more than EUR20 billion.

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Coresystems nabs USD15.5 million in first external Series A funding round

Swiss mobile app maker Coresystems had received its first external funding since 2002.

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SAP not interested in BlackBerry

SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.

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