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IT Service News

IT Services news continually updated from thousands of sources around the net.

3 hrs ago | SiliconValley.com

Oracle CEO Larry Ellison now owns every hotel room on Lanai

The deal that closed July 7 now makes Ellison the owner of every hotel room on the island, the Honolulu Star-Advertiser reported.

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Related Topix: Phase Forward, Startups, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Oracle Corporation, Software, Lawrence Ellison

6 hrs ago | ZDNet

Microsoft ordered to hand over overseas email, throwing EU privacy rights in the fire

US law can apply anywhere in the world, so long as a technology company has control over foreign data, a court rules.

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Related Topix: Privacy, Ireland, World News, Verizon Communications, Telecom, Verizon

10 hrs ago | Freshnews

WP Engine Appoints Klee Kleber as Chief Marketing Officer

WP Engine , a leading SaaS content management platform for websites and applications built on WordPress, today announced the appointment of Klee Kleber as its new Chief Marketing Officer .

Comment?

Related Topix: Marketing, Rackspace, Telecom, Internet, Science / Technology

14 hrs ago | Reuters

UPDATE 1-Market Chatter-Corporate finance press digest

* Holders of dollar-denominated bonds at Bulgaria's Corporate Commercial Bank are gearing up for legal action against the government if the bond defaults and the bank is tipped into insolvency, two sources told Reuters on Thursday.

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Related Topix: Sprint Nextel, Telecom, Financial Markets

Thu Jul 31, 2014

AmericanBankingNews.com

Perficient (PRFT) Posts Quarterly Earnings, Hits Estimates

Perficient released its earnings data on Thursday. The company reported $0.33 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.33, Stock Ratings Network.com reports.

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Related Topix: Computers, Perficient, Software

Business Journal

Oracle buying Pittsburgh VC's portfolio company

Pittsburgh-based venture capital firm Draper Triangle Ventures should realize a burst of cash from exiting an investment with an extra dash of cachet.

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Related Topix: Phase Forward, Startups, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Oracle Corporation, Project Insight, Software

Brandon Sun

Manitoba Telecom Services posts a Q2 net profit and increases revenues

Manitoba Telecom Services Inc. reported a second-quarter profit of $28.8 million on Thursday, turning around a loss from the same quarter a year ago.

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Related Topix: Manitoba Telecom Services, Telecom, Wireless, Mobile TeleSystems OJSC

Bradenton.com

French company Iliad bidding for T-Mobile US

Mobile US Inc. has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake in the fourth-largest U.S. cellphone company.

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Related Topix: T-Mobile, Cellphones, Sprint Nextel, Telecom

Business Journal

Increased services revenue fuels strong Q2 for Perficient

IT consulting firm Perficient Inc. reported Thursday second-quarter net income of $6.4 million, up 40 percent from the prior-year quarter.

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Related Topix: Computers, Perficient, Software

Water Online

MWH Global And CSC Partner On Cybersecurity Offerings For Critical Utility Infrastructure

MWH Global, the premier solutions provider focused on water and natural resources, recently announced that it has partnered with CSC, a global leader in next-generation IT services and solutions, to provide integrated cybersecurity services to the world's critical utility infrastructure.

Comment?

Related Topix: CSC, Computers

Express India

HCL Technologies Q4 net profit up 54 pct at Rs 1,834 cr; dollar revenue disappoints

HCL Technologies India's fourth largest software services, today reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014.

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Related Topix: HCL Technologies, Computers

Wed Jul 30, 2014

Reuters

U.S. online jeweler Blue Nile experiments with brick and mortar

Diamond rings on display at Nordstrom's flagship Seattle store are not for sale.

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Related Topix: Blue Nile, Amazon, Audible, Media, Garden City, NY

Reuters

U.S. regulator questions Verizon plan to slow data speeds for some

The top U.S. telecommunications regulator said on Wednesday he is "deeply troubled" by Verizon Communications Inc's plan to slow data downloads for some high-speed wireless customers remaining on the older unlimited data plans.

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Related Topix: Verizon Communications, Telecom, Internet Service Providers

The Verona-Cedar Grove Times

Obamacare web cost approaches $1 billion as fixes still needed

The price tag for healthcare.gov, the Obamacare website, is approaching $1 billion even as key features remain incomplete, congressional auditors said.

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Related Topix: US Politics, Fred Upton, US News, Republican, US House of Representatives, Computers, CGI Group

Brandon Sun

MDA reports second-quarter profit and revenue up from year ago mark

MacDonald, Dettwiler and Associates Ltd. said Wednesday it earned $36.5 million in the second quarter, up from $31.1 million a year earlier, as revenue grew by more than 20 per cent.

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Related Topix: Aerospace-Defense, Computers, MacDonald, Dettwiler and Associates, Retail, Household Products, Media Arts Group

Reuters

UPDATE 3-Thomson Reuters reports better-than-expected profit

News and information company Thomson Reuters Corp on Wednesday reported a higher-than-expected quarterly profit on a 1 percent rise in revenue, boosted by growth in its Tax & Accounting and Legal divisions.

Comment?

Related Topix: Media, Medicine, Reuters, Triad Hospitals, Computers, Hospital Administration, Healthcare Industry, Thomson, Startups, Publishing, IGN Entertainment, Ottaway Newspapers, Digital Journal

GigaOM

Different quarter, same story: Sprint customers flee as network construction grinds on

Sprint suffered another big subscriber loss last quarter as both prepaid and postpaid customers departed.

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Related Topix: Sprint Nextel, Telecom

Business Journal

Shares in Atlantic Tele-Network Inc. up on Q2 revenue, earnings growth

Michael Prior is CEO of Beverly-based Atlantic Tele-Network, which beat analyst estimates for the second quarter 2014.

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Related Topix: Atlantic TeleNetwork, Telecom, Atlantic Tele-Network

Brandon Sun

Thomson Reuters reports Q2 profit up from year ago, revenue holds steady

Thomson Reuters said Wednesday it earned a profit of $249 million or 31 cents per share for the quarter ended June 30 compared with a profit of $248 million or 30 cents per share a year ago.

Comment?

Related Topix: Media, Medicine, Triad Hospitals, Computers, Hospital Administration, Healthcare Industry, Thomson

Business Journal

No special glasses needed: Amazon launches 3-D products store

Amazon.com will sell you a bobblehead in your own image from its new 3-D products store.

Comment?

Related Topix: Amazon, Media, Audible

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