Tag Archives: lead tech

Workday Soundly Beats Q1 Earnings Estimates, Stock Up

Workday is tightening its grip on the HR software market. The enterprise software company late Tuesday posted results for its fiscal Q1 ended April 30 that easily trumped analyst estimates. Workday’s (WDAY) revenue outlook for the current quarter also exceeded Wall Street views. Workday stock, up nearly 5% in Tuesday’s regular session, was up 6% in after-hours trading, after the company released its results. The fast-growing company has become a

Net Neutrality Definition Can Get Hazy

Whether sending emails or streaming “The Walking Dead” via Netflix, Internet service is billed as unbiased — but consumer groups are uneasy about where it’s headed. Users and content providers such as Netflix have not had to pay a special charge for those hours of zombie wars that eat up far more network bandwidth than email does. This pillar of the Internet was coined “network neutrality” in the early 2000s by Columbia University law professor

Hewlett-Packard To Cut More Jobs; Q2 Revenue Misses

Hewlett-Packard’s turnaround remains a work in progress. The tech giant late Thursday reported lower revenue that missed analyst views and said that it would ax up to 47% more jobs than planned. The news was accidentally released about 20 minutes before the market close Thursday, sending shares falling. HP (HPQ) stock fell 2.3% in Thursday’s regular session, mostly late, but was up 1% in after-hours trading. The company needs to develop more