Intuit Inc., the largest seller of personal-finance software, reported fiscal third-quarter sales and profit that topped analysts’ estimates as more customers used Web tools for tax-preparation and other tasks.
Intuit Inc., a provider of tax and personal-finance software, tumbled the most in a decade after a decline in Internal Revenue Service returns received in the recent tax season prompted it to cut sales and profit forecasts.
Intuit Inc. Chief Executive Officer Brad Smith said the company didn’t bring its “A-game” last year and will speed up development of mobile software and undertake other initiatives to turn more online shoppers into paying customers.
Intuit Inc. is boosting sales of its financial-management and tax-preparation programs with online and mobile versions, helping make up for a slowdown in desktop software, Chief Executive Officer Brad Smith said.
When a power failure knocked out Intuit Inc. ’s servers last month, the outage did more than strand 300,000 customers. It showed the challenges in shifting from selling shrink-wrapped software to Internet-based services.
The top lawyers for Microsoft Corp. and Oracle Corp., saying software patents are important drivers of U.S. innovation and economic growth, pressed Congress yesterday to reject calls to limit that legal protection.
Yahoo! Inc., the largest U.S. Web portal, appointed Yelp Inc. Chairman Max Levchin to its board, as Chief Executive Officer Marissa Mayer works to restore management stability and reverse three years of revenue declines.
Microsoft Corp. is sticking with a decision to make it harder to track users’ online behavior, earning plaudits from privacy groups while drawing fire from the advertisers its money-losing Web unit needs most.