During five days in August 2011, Adobe Systems Inc.’s top executives sequestered themselves in an 18th-floor boardroom atop the software maker’s Silicon Valley headquarters to address an emerging threat: the cloud.
Salesforce.com Inc. introduced an overhauled version of its mobile software, seeking to ensure clients and partners will be able to use more features of the company’s sales, marketing and customer service software.
Oracle Corp., the world’s largest database-software maker, will boost operating margins by shifting to services delivered via the Web from software installed on computers, Chief Financial Officer Safra Catz said.
Adobe Systems Inc. shares rose to a record after the largest maker of graphic-design tools said it amassed more than 1 million online-service customers amid a shift away from software installed on personal computers.
Adobe Systems Inc. shares rose after the largest maker of graphic-design tools said it amassed more than 1 million customers for its online services amid a shift away from software installed on personal computers.
Microsoft Corp.’s fiscal second- quarter earnings will be less than previously expected due to weak demand for personal-computers and the company’s new tablet, Surface, according to Brent Thill, an analyst at UBS AG.
Oracle Corp. Chief Executive Officer Larry Ellison, whose sailing team is trailing Emirates Team New Zealand in the America’s Cup yacht race, is also facing headwinds in cloud-computing and business applications.
Oracle Corp. , the world’s second- biggest software company, hired former Hewlett-Packard Co. Chief Executive Officer Mark Hurd as a president and board member, reporting to CEO Larry Ellison . Oracle shares jumped.