Monday, March 29, 2010

IT News HeadLines (Yahoo News) 29/03/2010



RIM Buys Mobile Software Developer Viigo (PC World)
PC World - Research In Motion has purchased Viigo, a developer of software that delivers syndicated content to mobile phones, according to a brief note on Viigo's Web site.
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Ownership of Unix copyrights in hands of Utah jury (AP)
AP - A Salt Lake City jury has started deliberations in a case pitting two software companies that each claim ownership of the Unix computer operating systems used by large corporations.
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Private equity firm agrees to buy Plato Learning (AP)
AP - Plato Learning Inc. will be acquired by a private equity firm for about $141 million, the education-software maker said Friday.
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Tibco buys Netrics for undisclosed price (AP)
AP - Business software maker Tibco Software Inc. said late Thursday that it agreed to buy privately held business data matching software company Netrics for an undisclosed sum.
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Tibco climbs after 1Q beats analyst estimates (AP)
AP - Tibco Software Inc. shares climbed Friday after the business software maker said its fiscal first-quarter profit nearly doubled as license and service and maintenance revenue climbed. The results beat analyst estimates.
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Software trade group spent $110,000 to lobby in 4Q (AP)
AP - The Software & Information Industry Association spent $110,000 in the fourth quarter to lobby the federal government on intellectual property protections and other issues, according to a quarterly disclosure report.
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Will the iPad be Jailbroken at Launch? (PC World)
PC World - iPhone hacker George Hotz claims he has developed a new untethered software jailbreak method for the iPhone and iPod Touch that may also work on the iPad. Hotz, also known online as Geohot, says in a recent blog post that his new unnamed jailbreak method is as simple to use as his previous iPhone software jailbreak, blackra1n. The new software will purportedly work on all currently jailbroken iPhone and iPod Touch models.
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Wall Street Beat: Enterprise Software Sales Look Strong (PC World)
PC World - Though earnings season won't start in earnest until next month, financial reports and earnings forecasts from companies as varied as Adobe, Red Hat, Oracle and Qualcomm this week indicate that sales across a range of technology products are recovering from the Great Recession.
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Oracle sees software sales up (Reuters)

The Oracle Corporation headquarters in Redwood City, California is  pictured in this February 2, 2010 file photo. REUTERS/Robert  Galbraith/FilesReuters - Oracle Corp issued its strongest sales forecast in more than a year as a rebound in corporate technology spending boosted demand for its computer programs.



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Oracle profit slips, but software revenue rises (AP)

FILE - In this June 26, 2007 file photo, the exterior of Oracle  Corp. headquarters in Redwood City, Calif. is seen. Oracle Corp. will  release quarterly earnings after the market close Thursday, March 25,  2010. (AP Photo/Paul Sakuma, file)AP - Oracle Corp.'s profit fell 10.5 percent in the latest quarter as the business software maker absorbed Sun Microsystems and its expenses for building and supporting computer servers.



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Saba Software fiscal 3rd-quarter profit declines (AP)
AP - Employee management software company Saba Software Inc. said Thursday that its fiscal third-quarter profit fell as increased sales and marketing expenses overshadowed a small increase in revenue.
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Oracle Revenue Up, but Charges Drag Down Profit (PC World)
PC World - Fueled by growth in new software licenses, Oracle revenue for its fiscal third quarter, ended Feb. 28, increased 17 percent from the same period last year, hitting US$6.4 billion, though earnings declined due in part to restructuring charges incurred by the company's purchase of Sun Microsystems.
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New Malware Overwrites Software Updaters (PC World)
PC World - For the first time security researchers have spotted a type of malicious software that overwrites update functions for other applications, which could pose additional long-term risks for users.
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IBM develops anti-spam software for Chinese mobile operator (AFP)

A man walks past the logo of IBM at the world's biggest high-tech  fair, the CeBIT on March 2 in the northern German city of Hanover. IBM  said Thursday it has developed a system for a Chinese mobile phone  operator that blocks spam text messaging, but denied the software could  be used as a censorship tool.(AFP/DDP/File/Jens Schlueter)AFP - IBM said Thursday it has developed a system for a Chinese mobile phone operator that blocks spam text messaging, but denied the software could be used as a censorship tool.



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SkillSoft says proxy group in favor of buyout (AP)
AP - SkillSoft PLC, an education software company that has agreed to be taken private, said a proxy advisory firm RiskMetrics Group is recommending that its clients vote in favor of the company's acquisition.
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Software firm Red Hat 4Q profit rises 44 percent (AP)
AP - Red Hat Inc. on Wednesday reported a 44 percent increase in its fiscal fourth-quarter profit on the back of a strong gain in subscription revenue.
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Adobe spent $70,000 lobbying in 4Q (AP)
AP - Adobe Systems Inc. spent $70,000 in the fourth quarter to lobby federal officials on cyber-security, government procurement policy and other issues, according to a disclosure report.
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Startup Rolls out Phalanx of SAP Mobile Apps (PC World)
PC World - A company headed by SAP's former North American CEO is rolling out more than 40 mobile applications that tie into the vendor's ERP (enterprise resource planning) software.
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Ahead of the Bell: Analyst downgrades NICE (AP)
AP - A Morgan Keegan analyst downgraded shares of Israeli data recording products maker NICE Systems Ltd. on Wednesday, saying the company's largest customer plans to develop its own software instead of relying on NICE's.
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Ahead of the Bell: Adobe up after 1Q surprise (AP)
AP - Shares of Adobe Systems rose in premarket trading Wednesday following the release this week of better-than-expected first-quarter results and a solid outlook for this quarter.
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