GE, Oracle Inks Industrial Internet Partnership

GE and Oracle have inked a strategic partnership focused on building a platform for companies to digitally connect industrial assets across the world. Through this collaboration, the two companies will develop and integrate complementary solutions across...

LinkedIn Reports $1.6 Million Loss, Revenue Up 126%

By Vikram Sethi LinkedIn has reported a $1.6 million loss for the third quarter  of 2011. Revenues increased 126 per cent over $61.8 million for the third quarter of 2010. You can access...

SAP Announces First Quarter 2013 Results

SAP announced first quarter 2013 results. The company had a 23% (25% at constant currencies) growth in non-IFRS software and cloud subscription revenue. SAP achieved €824 million in non-IFRS software and cloud...

Stitch Labs Raises $3.5M Series A Round

Stitch Labs, a cloud-based, real-time inventory and business management company, has closed $3.5 million in Series A financing. The investment was led by Greg Sands from Costanoa Ventures, with support from...

San Francisco Gets Free Public WiFi Along Market Street

Ruckus Wireless has signed a partnership with the city and county of San Francisco, California, to deliver free, high-speed outdoor public WiFi service up and down the Market Street corridor. The...

Cisco opens second global delivery center in India

Cisco is expanding its operations in Pune, India. The networking giant says it is launching a global delivery center in the Indian city. With the new Pune center, India will be the only...

Yext Raises $50M

Geomarketing software company Yext has raised $50 million in financing. The round was led by Deven Parekh at Insight Venture Partners. Existing investors Marker, Institutional Venture Partners, and Sutter Hill Ventures also participated. Yext...

Wipro, Harte Hanks working on joint marketing technology services

Wipro is partnering with marketing services company Harte Hanks to offer marketing technology services, as part of a multi-year engagement. The company will also upgrade Harte Hank’s data analytics and applications platform, and simplify...

Dell Ships Cloud Connect Mobile Cloud-Access Device

Dell has launched Cloud Connect, an ultra-compact mobile cloud-access device. Cloud Connect delivers desktop virtualization and personal cloud services to any HDMI- or MHL-enabled display. The pocket-size device is capable of full-HD, and...

Worldwide IT Spending To Decline 0.5 Percent

Worldwide IT spending is forecast to total $3.49 trillion in 2016, a decline of 0.5 percent over 2015 spending of $3.5 trillion, according to Gartner. This is down from last quarter's...

Oracle Reportedly Messed Up Oregon’s $40M Healthcare Exchange

Oregon gave Oracle $40 million to build its own online healthcare exchange; but the result has been "a disaster of missed deadlines, a nonworking website and a state forced to process thousands...

Apple Launches Free Radio Service (No Mac/IOS Device Needed)

Apple launched the iTunes Radio, at the company's worldwide developer conference, currently going on in San Francisco. The iTunes Radio is a free Internet radio service featuring over 200 stations, and...

Charles Schwab Launches IPad App For Advisors

Charles Schwab has launched the Schwab Advisor Center app for iPads. With the new app, advisors will be able to access key client data such as balances, positions, and transactions from their...

InsightSquared Raises $13.5M Series C Round

InsightSquared, a company that provides business intelligence software as a service (SaaS), has raised $13.5 million in a Series C round of financing. Existing investors Atlas Ventures, Draper Fisher Jurvetson, and NextView Ventures participated...

Ektron Gets Equity Investment

Digital experience management software company Ektron has closed a second round of equity funding with Accel-KKR. This increased investment follows the investment made by Accel-KKR in April 2014, which was the company's first...