Microsoft Inc. should sell its Bing search business to Facebook Inc., a deal worth about $5 billion that would help both companies compete with Google Inc., said Rick Sherlund, an analyst at Nomura Equity Research.
SAP AG, the largest maker of business-management software, is finding it hard to please investors as a sales boost from its shift to online programs is being muted by a slowdown for older products and a strong euro.
Microsoft Corp., the world’s largest software maker, announced a new $40 billion stock buyback plan and increased its dividend 22 percent, seeking to reward shareholders as the company undergoes a change in strategy and leadership.
Oracle Corp. dropped the most in more than nine years, dragging down other software makers, after it reported quarterly sales and profit that missed analysts’ estimates in a sign companies are spending less on programs that help them manage operations.
Microsoft Corp. has sold about 1.5 million Surface devices, people with knowledge of the company’s sales said, a slow start in its bid to crack the fast-growing tablet market to make up for slumping personal-computer demand.
Microsoft Corp. pushed out Steven Sinofsky, president of the Windows operating system division, after clashes with executives, including Chief Executive Officer Steve Ballmer, people with knowledge of the move said.
The timing of Microsoft Corp.’s agreement to acquire Nokia Oyj’s handset unit leaves activist shareholder ValueAct Holdings LP with fewer options to oppose a transaction some investors don’t favor, according to Rick Sherlund, an analyst at Nomura Holdings Inc.
SAP AG unveiled the most significant overhaul to its mainstay enterprise software in two decades, in a move to cement its dominance in that market while springing an attack on Oracle Corp.’s database business.