Avaya has appointed a new chief financial officer (CFO), coinciding with its latest results showing falling revenues. The communications firm announced this week it had hired Dave Vellequette from JDS Uniphase as the new CFO, but failed ...
Tags: Avaya, falling revenues, communication, finance
The enterprise software market on Thursday suddenly got an intimate look inside Workday, a red-hot startup that makes cloud applications for human resources and financials, with the public release of its S-1 IPO filing. Workday, which was ...
Tags: enterprise software market, intimate look, Workday, IPO filing
Social network Google+, which turned a year old at the end of June, has seen its user base take a dramatic jump in the past six to seven months, according to comScore, an Internet traffic monitor. According to comScore, total unique ...
Tags: social network, Google+, comScore, skyrockets
The chief executive of Chobani,the number one company in the fast-growing Greek yoghurt sector in the US,is not interested in selling the business but has not taken a possible IPO off the table. In an interview with Reuters,Hamdi ...
Tags: yoghurt, Chobani, Hamdi Ulukaya, IPO
The continuing slide in Facebook's stock price is fueling speculation that the social network might be better off without co-founder Mark Zuckerberg at the helm. Facebook shares hit a record low of $19.87 at the close of trading Thursday. ...
Tags: Facebook, stock price, social network, Zuckerberg
Reuters reported that Al Habtoor Group has postponed a planned initial public offering. The group,which gave no reasons for the decision,had planned to raise as much as USD 1.6 billion through an initial public offering on the Nasdaq ...
Tags: Al Habtoor Group, public offering, Mr Khalaf Al Habtoor, IPO
Lenzing AG, global market leader in the production of man-made cellulose fibers, has successfully issued and placed a German Private Placement (Schuldschein) to the amount of EUR 200 mn (senior debt, unsecured) on the debt capital market. ...
Tags: Lenzing AG, cellulose fiber, debt capital market, transaction
Just having logged its one billionth user, Facebook now is looking forward to its biggest money-making strategy: mobile. However, that won't be an easy task for the social networking company. While figuring out how to make money off of ...
Tags: Facebook, mobile, massive opportunity, social networking company
Oracle on Tuesday reported that net income jumped 18 percent to US$2.6 billion while revenue rose 3 percent to$9.1 billion for the second quarter,but the company's hardware revenue continued to show weakness. Hardware systems product ...
Workday is expanding its cloud-based human resources and financial applications' footprint with a new employee time-tracking module, the company announced Tuesday. The new capabilities come as part of the SaaS (software as a service) ...
Tags: Workday, cloud, human resources, HCM Software
Cyber criminals are using computers infected with a particular piece of malware to power a commercial proxy service that funnels potentially malicious traffic through them, according to security researchers from Symantec. Three months ...
Tags: Black Market, malware, Proxy, Symantec, Computers
OZFOREX, the online foreign-exchange services specialist backed by Macquarie Group and two of the world's most powerful venture capital and private equity investors, is planning to double the size of its business over the next four years, ...
Tags: Expansion, OZFOREX, Macquarie Group
Source: The Australian LOW business confidence and sentiment will continue to cloud the IPO market in Australia next year, but with a backlog of potential market listings and record amounts ...
Tags: Low Confidence, Clouds, IPO market
Facebook, under extreme pressure to cheer up its disappointed investors, posted revenue growth of more than 30 percent in its third quarter on Tuesday, and beat Wall Street expectations, but also recorded a loss. Facebook’s revenue ...
Tags: earnings, Facebook, growth, Mark Zuckerberg, wall street
Facebook is moving to fix one of its biggest problems - finding ways to make money from its growing base of mobile users. The social network Wednesday said that it's trying out a new mobile ad system and is calling on Facebook app ...
Tags: Facebook, mobile users, social network, Facebook app