Verint Systems could become one of the next major contenders in the fast-growing data analytics software market as it distances itself from an options trading scandal involving its former parent company. In the past year, the software firm has used acquisitions and internal product development to beef up its core business — analyzing call center customer service transactions — while also positioning itself to grab a piece of the cybersecurity
SunPower on Wednesday guided Q4 earnings and revenue below Wall Street expectations, with the CEO citing the timing of revenue recognition for some of its solar projects. SunPower (SPWR) stock fell 1.7% Wednesday on the report, though the San Jose, Calif.-based company posted Q3 results that solidly beat analyst expectations. SunPower CEO Tom Werner said in a conference call with analysts Wednesday that “timing uncertainty” of revenue to be
While it may make a U.S. mega-acquisition, Alibaba is also pursuing a lower-key strategy here: investing in promising U.S. tech startups. The exact purpose of its investments is unclear. Some appear aimed at tapping technology that Alibaba Group (BABA) needs to compete vs. Chinese Internet giant Tencent (TCEHY) and other rivals. Others may be more strategic and have a long-term focus on the U.S. and other markets. One key area seems to be mobile