SAP has abruptly reorganised its development strategy, with SuccessFactors CEO and cloud strategy chief Lars Dalgaard leaving the company and executive board member Vishal Sikka now tapped to lead a single software development unit. Sikka ...
Tags: advisor, Ariba, Bill McDermott, Bob Calderoni, cloud, CNME
US automaker Ford Motors’ Australian subsidiary is planning to shutdown two of its auto manufacturing plants in Australia amid high production costs and drop in sales. As part of the plan, Ford Australia's engine plant in Geelong ...
Tags: Ford Motors, Auto Parts
Including $0.4m from the March acquisition of Arieso, optical networking and associated semiconductor technology firm JDSU of Milpitas, CA, USA has reported net revenue of $405.3m for its fiscal third-quarter 2013 (to end-March), down 5.6% ...
Chilled food manufacturer Greencore will continue to benefit from the long-term trend towards convenience food but, in the UK, the horsemeat scandal is continuing to depress its performance. Patrick Coveney predicted adjusted earnings per ...
Tags: Greencore, Convenience Food
Apple CEO Tim Cook has defended his company against charges of aggressive tax avoidance in a hearing in front of a Congressional committee in the US Senate. In a report, the Senate Permanent Subcommittee on Investigations claimed that ...
Tags: Computer Products, Apple
Michael D. Angel, chief financial officer of eyewear company Spy Inc., is resigning to move back to the Bay Area after two years with the San Diego County-based company. The company said Angel is willing to serve as a full-time interim ...
Tags: Spy CFO, Transition, Spy team
Yahoo has confirmed widespread reports that it will acquire the popular blogging service Tumblr, and also promised not to "screw it up." The deal is worth about US$1.1 billion, nearly all in cash, and is expected to close in the second half ...
Tags: Computer Products, Yahoo, Tumblr
For first-quarter 2013, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components enabling high-speed end-to-end information streaming over optical fiber and wireless networks) has ...
Tags: GigOptix, Electrical, Electronics
For first-quarter 2013, GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has reported revenue of $26.4m, down 7.2% on $28.4m a year ago and 13.4% on $30.5m last quarter. The firm had ...
Tags: Anadigics, wireless and wireline
Severstal North America announced Monday that effective June 1, Ronald Kostyo is appointed Vice President and General Manager, Severstal Dearborn; effective June 10, Madhu Ranade is appointed Vice President and General Manager, Severstal ...
On Monday, the Metals Service Center Institute (MSCI) announced that David H. Hannah, chairman and chief executive officer of Reliance Steel & Aluminum Co., has been elected chairman of the board for the MSCI effective July 1. He was ...
Tags: David Hannah, MSCI
Wal-Mart Stores, Inc. reported financial results for the first quarter ended April 30, 2013. Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from ...
Tags: Apparel, Apparel Industry
Brown & Brown has elected James S. Hunt (Jim) to its board of directors, in an effort to help the firm as it moves towards its next intermediate revenue goal of $2bn. Having worked with the Walt Disney Company from 1992 to 2012, Jim most ...
Tags: Brown&Brown
Microsoft's Windows 8 update, code-named Windows Blue, will be formally released as Windows 8.1 and will be free for customers who have the new OS installed. Windows 8.1 will be an "update" for both Windows 8 and for Windows RT, the ...
Tags: Windows, Microsoft, Computer Products
Windows has announced that the mysterious Windows 8 update known previously as "Windows Blue" is to be known in the wild as Windows 8.1. Microsoft's chief financial officer for Windows, Tami Reller, announced the free patch yesterday, ...
Tags: Windows, Computer Products