Tag: Software

Google-parent Alphabet has agreed to a $700 million settlement to resolve one of the antitrust claims around its app store.

Shares of Adobe Inc. climbed 1.9% in premarket trading Monday after the software company and design tools maker Figma said they have agreed to terminate the $20 billion merger agreement.

Adobe shares were losing ground in late trading Wednesday after the provider of creative and marketing software provided disappointing revenue guidance for its February quarter and the full fiscal year ending in November 2024.

Oracle shares were heading sharply lower in late trading Monday after the enterprise software giant posted November quarter financial results that fell short of both the company’s own guidance and consensus Street estimates.

The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment into ChatGPT creator OpenAI.

Synopsys shares traded modestly higher after the provider of chip- design software posted a higher quarterly profit than Wall Street expected.

Snowflake shares were gaining ground Wednesday after the cloud data warehouse software company posted better-than-expected results for the quarter ended Oct. 31.

Sam Altman officially is back as OpenAI CEO, but it’s not a return to the status quo. His comeback marks a new era for the company, and one that will be closely watched over by Microsoft.

Salesforce’s growth rate has slipped in 2023 as businesses look for ways to cut costs.

Hewlett Packard Enterprise posted October-quarter financial results that were largely in line with Street estimates, driven by growing strength in its high-performance-computing and AI segment, where it is finding traction in particular with customers training large language models.

CrowdStrike Holdings Inc. exceeded expectations with its latest quarterly results Tuesday, but shares of the cybersecurity company were edging lower in the extended session.

Zscaler posted better-than-expected financial results and raised its full-year guidance, but the security-software stock lost ground nevertheless on hints that management intends to boost spending.

After a hectic few days, it looks like it’s all back to where it started — Sam Altman is returning to OpenAI as chief executive.

Nov 21 (Reuters) – Autodesk forecast full-year revenue above market estimates on Tuesday, in a sign that client spending on its design software remains resilient in an uncertain economy.

Microsoft CEO Satya Nadella said that oversight of OpenAI needs to change after a dramatic weekend of events that began with the abrupt ouster of the artificial intelligence firm’s CEO, Sam Altman.

Zoom Video Communications shares are trading higher on better-than-expected earnings for the video conferencing company’s latest quarter.

OpenAI’s board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati.

Palo Alto Networks stock was dropping early Thursday as markets digested its unexpectedly weak billings. The security-software company said it was to do with customer requests for flexibility on payments but analysts were split on whether that was enough to dismiss fears of falling demand.

Shares of Monday.com  were rising Monday after the social communication tools company raised full-year guidance.

Unity Software Inc.’s stock fell about 12% in extended trading Thursday after the company reported a revenue miss and withheld from offering guidance.