Kshitiz Goliya

Salesforce takes aim at e-commerce with $2.8 billion Demandware buy

Jun 01 2016

Cloud-based software maker Salesforce.com Inc said on Wednesday it would buy Demandware Inc , whose software is used by businesses to run e-commerce websites, for about $2.8 billion. | Video

Salesforce CEO eyes artificial intelligence for robust growth

May 18 2016

Salesforce.com Inc , a marketing-and-sales software provider for 17 years, may be joining the ranks of the technology old-guard, but the 27 percent first-quarter revenue growth it posted on Wednesday still showed some startup zip.

Tesla puts pedal to the metal, 500,000 cars planned in 2018

May 05 2016

Tesla Motors Inc said it was stepping up production plans for its upcoming Model 3 mass-market sedan and would build a total of 500,000 all-electric vehicles in 2018, two years ahead of schedule, but warned that spending will ramp up in tandem. | Video

LinkedIn raises forecast on robust demand for hiring services

Apr 28 2016

LinkedIn Corp , the operator of the world's largest online network for professionals, raised its 2016 revenue and profit forecast as demand rises for its hiring services and its advertising revenue growth accelerates. | Video

SanDisk revenue rises as demand grows for solid-state drives

Apr 27 2016

SanDisk Corp reported a surprise increase in quarterly revenue, its first rise in more than a year, helped by strong demand for its chips used in solid-state drives and data centers.

AT&T loses TV subscribers; profit beats expectations

Apr 26 2016

AT&T Inc said on Tuesday the No. 2 U.S. wireless carrier lost television subscribers and signed up fewer-than-expected monthly wireless customers in the first quarter, even as it beat profit estimates.

Google Glass-based startup raises $17 million in funding

Apr 25 2016

Augmedix Inc, a startup that uses Alphabet Inc's Google Glass to provide documentation services to doctors and other healthcare workers, said on Monday it had closed a $17 million (11.7 million pounds) funding round led by investment firm Redmile Group.

Former Sprint executives sue U.S. for allegedly hiding EY probe

Apr 22 2016

Former Sprint Corp chief executive William Esrey and former chief operating officer Ronald LeMay sued the United States government for allegedly concealing its investigation into accounting firm Ernst & Young LLP's promotion of tax shelters sold to the executives, according to a lawsuit filed on Friday.

AMD flags possible stop to revenue declines, shares soar

Apr 21 2016

Advanced Micro Devices Inc's forecast implied that the struggling chipmaker could post a surprise rise in current quarter revenue, ending a run of six quarters of declines, helped by strong demand for its chips and a new licensing deal.

VMware results, forecast boosted by strong sales of newer software

Apr 19 2016

VMware Inc reported a better-than-expected rise in quarterly revenue, helped by strong sales of its newer virtualization software, and the company also said it would buy back $1.2 billion of its Class A stock this year.

World News

IMF chief says Omicron could dent global economic growth

WASHINGTON (Reuters) -The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender's chief said at the Reuters Next conference on Friday in another sign of the turmoil unleashed by the ever-changing pandemic.