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Apps

Samsung books solid fourth-quarter earnings amid smartphone sales drop

By Duncan Riley Jan 27, 2021

Samsung Electronics Co. Ltd. reported solid earnings in its fiscal fourth quarter, but the South Korean chaebol’s smartphone division struggled against Apple Inc.’s launch of the iPhone 12. For the quarter ended Dec. 31,…

Apps

Subreddit users cause stocks in GameStop and AMC to skyrocket

By Duncan Riley Jan 27, 2021

The answer to the question, “Can social media influence stock prices?” has been definitely answered. R/wallstreetbets is a subreddit, a forum on the online discussion site Reddit where amateur traders share stock and investment…

Cloud

Buying Signavio, SAP gets into business transformation-as-a-service

By Mike Wheatley Jan 27, 2021

German software giant SAP SE announced today a new concierge offering for enterprises that it’s calling “RISE with SAP.” The new offering is labeled as “Business transformation-as-a-Service” and is aimed at guiding SAP’s customers…

Cloud

ServiceNow tops earnings expectations with strong subscription revenue growth

By Mike Wheatley Jan 27, 2021

Updated: ServiceNow Inc. reported strong fourth-quarter earnings and revenue and significant customer growth today as it easily beat Wall Street’s expectations. The company posted a profit before certain costs such as stock compensation of $1.17…

Apps

Crushing forecasts, Apple’s quarterly revenue tops $100B but shares sag

By Mike Wheatley Jan 27, 2021

Apple Inc. posted its largest-ever quarterly revenue today, blowing past Wall Street forecasts to top the $100 billion mark for the first time. The iPhone maker reported a fiscal first-quarter profit before certain costs such…

Apps

Facebook beats earnings forecast but tepid outlook sinks stock

By Robert Hof Jan 27, 2021

Thanks to a continuing rebound in online advertising, Facebook Inc. today reported better-than-expected fourth-quarter profit and revenue growth, but it warned that various challenges could hurt results in coming quarter. The social networking giant,…

Cloud

Email optimization startup SparkPost raises $180M to expand its market reach

By Maria Deutscher Jan 27, 2021

SparkPost Inc., a startup helping to deliver more than a third of the world’s commercial emails, today announced that it has raised $180 million in fresh funding from LLR Partners, NewSpring Capital and PNC…

Big Data

DataStax targets data streaming market with Kesque acquisition

By Maria Deutscher Jan 27, 2021

DataStax Inc. today said that it has acquired Kesque Inc., a startup with a data platform for powering real-time enterprise applications such as analytics and package tracking services. The terms of the deal were…

Cloud

Commvault’s revenue hits record as new products gain momentum

By Maria Deutscher Jan 27, 2021

Commvault Systems Inc. today reported $188 million in revenue for its third fiscal quarter ended Dec. 31, a 7% improvement from the same time a year earlier and a new all-time record for the…

Cloud

Automation and agility grow an ecosystem of digital resilience

By Mark Albertson Jan 27, 2021

Events of the past year have created a situation where enterprises either become digital businesses or go out of business. This function, brought on by a global pandemic that brought much of the world…

explore news

Samsung books solid fourth-quarter earnings amid smartphone sales drop

Buying Signavio, SAP gets into business transformation-as-a-service

Crushing forecasts, Apple’s quarterly revenue tops $100B but shares sag

Email optimization startup SparkPost raises $180M to expand its market reach

DataStax targets data streaming market with Kesque acquisition

Commvault’s revenue hits record as new products gain momentum

Automation and agility grow an ecosystem of digital resilience

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