Robert Hof
Latest from Robert Hof
Broadcom’s unsolicited $105B bid to buy Qualcomm could reshape chip industry
In what would be the biggest-ever acquisition in the technology industry, Broadcom Ltd. today offered about $105 billion to buy mobile chip giant Qualcomm Technologies Inc. The offer of $70 a share in cash and stock for Qualcomm would be about a 28 percent premium over its market capitalization Friday, when Bloomberg reported talks of an unsolicited ...
What iPhone delays? Apple beats earnings forecasts anyway
The big wait for Apple’s new flagship smartphone that goes on sale Friday didn’t hurt its closely watched earnings results after all. In fact, the world’s most valuable company easily smashed forecasts for its fiscal fourth quarter thanks to demand for its signature iPhones. That’s despite the fact that iPhone sales were held back both by manufacturing problems that delayed ...
Facebook smashes earnings forecasts, but site abuse crackdown will hit profits
On a day when Facebook Inc. and other tech executives were being grilled by Congress on how they may have helped Russia influence U.S. elections, the social network giant issued an earnings report that indicated its business continues to breeze ahead unaffected. But maybe not for long, as rising expenses on a number of fronts will ...
Solving sepsis and more: Google helps healthcare startups use machine learning
When a startup realizes its original idea isn’t going to fly, the cliched but often effective solution is a “pivot,” applying the technology in a new direction. Problem is, for a number of reasons, pivoting doesn’t really work for the rising number of startups building their businesses on machine learning. That’s one reason behind a ...
The cloud computing tail keeps on wagging the big tech dogs
Cloud computing may still be a small part of overall information technology spending, but don’t tell that to investors in Amazon.com Inc., Google LLC owner Alphabet Inc. and Microsoft Corp. The technology giants derive most of their revenue respectively from e-commerce, advertising and software, but their latest quarterly reports out today shone a light once ...
Rebranded AllegisCyber, a venture firm doubles down on cybersecurity
Thanks to a never-ending stream of attacks and threats, cybersecurity is about as hot a technology sector as any these days. Allegis Capital thinks it’s only getting started. That’s why the San Francisco-based venture capital firm is doubling down on cyber, as it’s known for short. For one, the firm, which has also invested in ...
Google and Cisco join forces on hybrid cloud computing push
Google LLC and Cisco Systems Inc. said today they’re joining forces to help corporate enterprises more easily develop software that spans private data centers and public cloud computing. The deal is intended to allow companies to run software consistently in a so-called hybrid computing environment in which some work can be done in the cloud ...
Amazon gets 238 proposals to host its $5B second headquarters
Amazon.com Inc.’s unusual strategy for finding a location for a second headquarters apparently has worked. Some 238 cities and regions submitted proposals to host the HQ, which Chief Executive Jeff Bezos said would be a full equal to its current home in Seattle (pictured). The retail and cloud computing giant announced in early September that it ...
Atlassian stock jumps on better-than-expected earnings
Australian enterprise collaboration software maker Atlassian Corp. Plc beat earnings expectations today, sending shares up about 12 percent to what will be a new record high if it holds Friday. Atlassian, whose enterprise softwares includes the JIRA Service Desk offering, team chat tools HipChat and Stride, workflow platform Confluence and task management software Trello, posted ...
SAP earnings fall short on slower cloud and business software growth
It’s not all up and to the right for SAP SE, as the European business software giant hit a rough patch in its third quarter as it continues to move its applications business into the cloud. After at least a couple of quarters of strong growth both in its software license business and its cloud revenues, ...









