Active Network said that its board was considering proposals to invest or purchase in the company. Active Network's shares rose 25% during midday trading on Friday.
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ServiceNow CEO says they don't have many rivals
ServiceNow's CEO said the company continued to grow because they don't have many rivals. ServiceNow continued to sparkle in Wall Street analysts' eyes following its success to maintain its status as a premier growth stock.
Cisco to purchase Sourcefire for US$2.7 billion
Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
Compuware renews attempt to sell itself - sources
According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.
Apple cuts budget for retail store supplies by 30%
Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.
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ValueClick's shares plunged by 17% after the corporation missed the expectations of Wall Street.
Google's Motorola Mobility launched the Moto X smartphone to revive the business. Today, the Motorola Mobility unit of Google Inc launched its flagship Moto X smartphone with customizable colors.
The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.
Viacom doubled up its stock buyback program to US$20 billion which resulted in a surge in the company's shares.
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.
Telecom Italia's chairman Franco Bernabe said that price was unsustainable and an alliance was likely to happen.
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Reuters said that Apple CEO Tim Cook and China Mobile chairman Xi Guohua recently met to talk about "matters of cooperation."
