Tag Archives: msft
Salesforce.com Jumps As Microsoft Ponders Bid
Salesforce.com (CRM) stock jumped Tuesday afternoon on a report that Microsoft (MSFT) is evaluating a possible bid for the enterprise software firm. Salesforce.com stock soared more than 6% late in the session after Bloomberg said Microsoft is interested in buying the maker of customer-relationship management software. Trading on the stock was briefly halted. Salesforce ended regular trading up just 1.6%, under 73. Microsoft’s purchase of
Facebook Virtual Reality, Oculus Revenue Seen Rising
Facebook (FB) will rake in $800 million in revenue from Oculus, its virtual reality arm, by 2018, and Apple (AAPL) is likely to make its own VR play with iPhone-compatible goggles, a UBS market forecast says. VR hardware sales will boom to $6.7 billion in 2020, while software-application sales reach $3.3 billion, forecasts UBS. UBS expects Apple to join Facebook, Google (GOOGL), Microsoft (MSFT), Samsung, Sony (SNE) and Taiwan-based HTC in a VR