Alibaba will need more than a hugely successful IPO to pry open the U.S. market. Being China’s dominant e-commerce company doesn’t give Alibaba Group (BABA) a leg up in the U.S., where few shoppers know its brand. The Chinese company has done some U.S. M&A, but only with small companies that don’t have near the heft of Amazon.com (AMZN) and other bigger e-tailers. The most direct way Alibaba can build its U.S. presence, analysts say, is through a
Oracle’s road to the cloud is getting smoother, but more than a few potholes remain. Analysts have offered mixed assessments of the database leader since its annual OpenWorld conference Sept. 28-Oct. 2, where executives discussed new products in data analytics and mobile, along with moves to help the firm transition from a license model to a cloud subscription model in order to compete with Salesforce.com (CRM), Workday (WDAY), SAP (SAP) and
Synchronoss Technologies continues to find leverage in the cloud, and investors are applauding. Shares jumped 11.5% Tuesday to an all-time high near 52 after the enterprise software company reported Q3 earnings that soundly beat analyst estimates, as its cloud and mobile business continues to soar. The company’s outlook for the current quarter also beat views. Synchronoss (SNCR) stock is up 67% this year. Synchronoss first made a name as the