Tag Archives: lead tech

Salesforce.com Q1 Earnings, Q2 Outlook Beat Estimates

The cloud continues to be good business for Salesforce.com. The maker of business software late Tuesday reported better-than-expected Q1 results, as more companies adopt software delivered via the cloud. The company’s revenue outlook for Q2 also beat Wall Street views, and it raised its EPS and revenue forecast for the year. Salesforce.com (CRM) stock was up nearly 1% in after-hours trading after the company released its results. Its stock fell a

AT&T, America Movil Cut Ties; Competition Looms

If AT&T’s pending purchase of satellite broadcaster DirecTV closes, it’ll square off with longtime ally America Movil in Latin America’s pay-TV market. Observers also speculate that competition between AT&T (T) and America Movil (AMX) could heat up in the U.S. and Latin American wireless phone markets as well. AT&T, which late Sunday announced an agreement to buy DirecTV (DTV) for $48.5 billion, plans to sell its stake in America Movil to fund the

Microsoft Hopes Third Try At Tablets The Charm

Microsoft on Tuesday unveiled its third-generation Surface tablet, a device it hopes will sell as a replacement for notebook computers. While tablets have been billed for a few years as laptop PC replacements, the truth is that most tablet owners still use notebooks as well, Panos Panay, corporate vice president of Microsoft (MSFT) Surface, said at a press event in New York City. Usability trade-offs have kept tablets from replacing notebooks, he