Overachiever Oracle faces high growth hurdles
(Reuters)
Reuters - Oracle Corp has a habit of beating Wall Street expectations, but some investors fear billionaire Larry Ellison's software and server juggernaut will find it hard to keep up its own pace when it reports earnings and sets new forecasts on Thursday.
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FBI targets two "scareware" rings in U.S., Europe
(Reuters)
Reuters - Police in the United States and seven other countries seized computers and servers used to run a "scareware" scheme that has netted more than $72 million from victims tricked into buying fake anti-virus software.Read More ...
Nokia to transfer 2,800 staff to Accenture
(AP)
AP - Nokia Corp. said Wednesday it has completed a deal to outsource Symbian software development to Accenture, including the transfer of 2,800 workers to the global management-consulting firm.
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Nokia's new flagship N9 gets mixed reviews
(AFP)
AFP - Nokia's latest attempt to win back market share with its N9 phone received mixed reviews Wednesday but analysts said the real test will come when it releases new models using the Windows Phone 7 operating system.Read More ...
Adobe sees weakness in Europe, shares dip
(Reuters)
Reuters - Adobe Systems Inc reported on Tuesday a 54 percent jump in quarterly net profit and held on to its sales growth target, but warned of weakness in demand for its applications in Europe.
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Nook Color surpasses Kindle for the first time in Consumer Report rankings
(Appolicious)
Appolicious - Even without all the bells and whistles of the Nook Color, Barnes & Noble (BKS) managed to scrape by Amazon (AMZN) in Consumer Reports’ rankings of e-readers for the first time with its all new Nook Simple Touch Reader. The bookstore’s latest black-and-white e-reader, which is the first e-ink-based reader to feature the Google (GOOG) Android 2.1 operating system, scored just one point higher than the most recent edition of the Kindle and a few points higher than other models.
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Robust Growth Expected for Public IT Cloud Services
(NewsFactor)
NewsFactor - IDC forecasts that spending on public IT cloud services will rise to $72.9 billion in 2015, up from $21.5 billion in 2010 and equivalent to a compound annual growth rate of 27.6 percent. By the end of the forecast period, moreover, one of every seven dollars spent on packaged software, servers and storage offerings will be related to the public cloud model.
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Oracle buys Web management firm FatWire
(AFP)
AFP - US business software giant Oracle announced the acquisition on Tuesday of Web management company FatWire Software.Read More ...
Apple's 'Rebuilt' Final Cut Pro X Hits Mac App Store for $300
(PC Magazine)
PC Magazine - Apple's latest Final Cut Pro X video editing software hit the Mac App Store on Tuesday for $299.99.
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