Tag Archives: lead tech

EBay Digital Storefronts Fuse Mobile, Retail Sales

An eBay innovation with the potential to add sizzle to offline and mobile shopping is taking a higher profile this holiday season. But it will take time to see whether it catches fire with consumers. The idea is digital storefronts — big touchscreen store windows through which customers can view and select merchandise like consumer electronics and fashion items using big, high-definition images. The data are then relayed to user smartphones, where

Bristol-Myers’ Diabetes Sale Sharpens Biopharma Focus

Drugmaker Bristol-Myers Squibb sold off its diabetes business to partner AstraZeneca on Thursday, shedding a troubled acquisition while advancing its strategy to become a more specialized biopharma company. Its stock hit a 12-year high, closing up 2.3% at 53.82. AstraZeneca (AZN) agreed to pay $2.7 billion upfront for the assets, which include marketed drugs such as Bydureon, Byetta and Onglyza, as well as make $1.4 billion in regulatory and

Tibco Software Outlook, License Revenue Disappoint

Tibco Software posted Q4 earnings above views late Thursday, but license revenue disappointed and its outlook for the current quarter fell well short of expectations. Tibco (TIBX) stock was down 14% in after-hours trading, after it released its results. For its fiscal Q1 ending Feb. 28, Tibco expects earnings per share minus items of 17-18 cents on revenue of $247 million to $253 million. But analysts polled by Thomson Reuters had expected 21