Enterprise

 

How cloud computing, big data and new devices are changing work

  • Oracle Stock Drops 2.5% On News That Larry Ellison Has Relinquished His CEO Title

    Oracle Stock Drops 2.5% On News That Larry Ellison Has Relinquished His CEO Title

    Today after the bell, Oracle announced that its long-time premier Larry Ellison is no longer its CEO. Former HP CEO Mark Hurd will take over the job in partnership with Safra Catz. Catz will manage finance and manufacturing, while Hurd will handle sales. Ellison will take on the titles of Executive Chairman of the Board and CTO. Hurd left HP under negative circumstances, including allegations… Read More

  • Microsoft Lays Off 2,100 More Employees

    Microsoft Lays Off 2,100 More Employees

    As expected, Microsoft hit go on a number of layoffs today, letting 2,100 people go, including 747 people in the Seattle-Redmond area, where the company is headquartered. The firings come as a second wave of the layoffs that were previously announced. Out of 18,000 expected cuts, 13,000 were pulled off nearly immediately. Today’s 2,100 brings the total number to just over 15,000… Read More

  • Convo Brings Chat To Its iOS And Android Apps

    Convo Brings Chat To Its iOS And Android Apps

    Enterprise social network Convo has finally brought chat from its desktop and web apps to mobile. Today, the company is rolling out a new version of its app for iOS and Android that significantly changes its look while bringing real-time chat to its users when they aren’t sitting at their desks. Read More

  • Twilio Adds Low-Cost, Two-Way MMS Picture Messaging To Its API Cloud

    Twilio Adds Low-Cost, Two-Way MMS Picture Messaging To Its API Cloud

    Twilio, the San Francisco-based company that currently works with around half a million developers to integrate text messaging, voice and VoIP services into their apps by way of a set of simple APIs, is today adding a new feature into its artillery that taps into some of the most popular uses for smartphones today. It is launching MMS picture messaging. Twilio MMS will work on all standard… Read More

  • Red Hat Buys FeedHenry For $82M To Add Mobile App Development To Its Platform

    Red Hat Buys FeedHenry For $82M To Add Mobile App Development To Its Platform

    Some big news today for Red Hat, the open source company that provides a platform for application development and other platform as a service solutions: It is buying FeedHenry, an Ireland-based provider of a platform for mobile app developers, specifically for enterprises to build apps. In a statement on the acquisition, Red Hat says it will be paying €63.5 million ($82 million) in cash… Read More

  • Ping Identity Picks Up $35M Led By KKR

    Ping Identity Picks Up $35M Led By KKR

    Ping Identity, a company that works in the enterprise identity space as you might imagine, has raised $35 million, led by KKR, with participation by new investor Ten Eleven, along with a number of prior investors. The funding, as the company was somewhat excited to point out, brings its total fundraising to date to $110 million. Ping hasn’t had much trouble raising, in other words. Read More

  • Mesosphere Snags OrlyAtomics In Talent Acquisition Deal

    Mesosphere Snags OrlyAtomics In Talent Acquisition Deal

    Mesosphere bought OrlyAtomics, a database technology company today in what appears to be a straight talent acquisition deal. The four OrlyAtomics engineers will become part of the Mesosphere team immediately.  No terms were available. Mesosphere, which is based on the open source Mesos project, wants to build what they call a datacenter operating system that allows companies to operate at… Read More

  • Microsoft Shakes Up Its Board, Boosts Its Dividend 11%

    Microsoft Shakes Up Its Board, Boosts Its Dividend 11%

    Microsoft has announced two coming board departures, two board additions, and a boost to its dividend. Leaving the board are Dave Marquardt and Dina Dublon. Marquardt is best known for his work in venture capital, and Dublon for her work at JPMorgan Chase. Taking their places are the appointed Teri List-Stoll from Kraft and Charles Scharf of Visa. Read More

  • IBM’s New Watson Analytics Wants To Bring Big Data To The Masses

    IBM’s New Watson Analytics Wants To Bring Big Data To The Masses

    IBM today announced a new product called Watson Analytics, one they claim will bring sophisticated big data analysis to the average business user. Watson Analytics is a cloud application that does all of the the heavy lifting related to big data processing by retrieving the data, analyzing it, cleaning it, building sophisticated visualizations and offering an environment for communicating… Read More

  • 3D Printing Company Stratasys Is Buying GrabCAD For Around $100M, Beating Out Autodesk, Adobe

    3D Printing Company Stratasys Is Buying GrabCAD For Around $100M, Beating Out Autodesk, Adobe

    Some M&A activity afoot in the world of hardware design: GrabCAD, an online community that has been described as the ‘Github for mechanical engineers’, is getting acquired by 3D printing giant Stratasys, a source tells us. The companies plan to announce the deal a little later today [Update: confirmed]. We have heard that the deal is in the region of nine figures, and… Read More

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