Microsoft raises dividend 25 pct to support stock
(AP)
AP - Microsoft Corp. is trying to lift its stock price by boosting its dividend 25 percent, the largest increase since the world's largest software maker started the quarterly payments seven years ago.
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Oracle expects strong Q2, firms up tech outlook
(Reuters)
Reuters - Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust software sales, offering some reassurance to investors hoping that global technology spending is holding up.Read More ...
Summary Box: Oracle's net income rises 36 pct
(AP)
AP - TUGGED IN TWO DIRECTIONS: Stronger spending on business software helped Oracle Corp.'s quarterly profit jump 36 percent. But the server business declined, which Oracle attributed to the fact it is shedding lower-margin deals.
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Adobe forecast surprises Wall Street, shares rise
(Reuters)
Reuters - Design software maker Adobe Systems Inc's sales outlook for the fourth quarter was buoyed by new customer additions, allaying investor fears of a slowdown in its growth.
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Oracle's net rises 36 percent, but servers slip
(AP)
AP - Stronger spending on business software helped Oracle Corp.'s quarterly profit jump 36 percent, but the company's server business further deteriorated, a decline Oracle attributed to its move to shed lower-margin deals.Read More ...
Upcoming Android update Ice Cream Sandwich means devs have to rework Honeycomb apps
(Appolicious)
Appolicious - The next version of Google’s Android operating system, code named Ice Cream Sandwich, is expected to be available later this fall, and it’s going to have a big impact on Android as we know it.
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