Palm Back In The Smartphone Race

On June 6, Palm (NASDAQ:PALM) launched the Palm Pre, a great product that has brought the company back into the smartphone race. Yesterday, it reported fourth quarter results that beat analyst estimates. Palm also reported that the number of applications downloaded from the Palm App catalog has grown from 150,000 at launch to over 1

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Digital River Set To Benefit From E-Commerce Consolidation

The recession doesn’t seem to be troubling Digital River, Inc. (NASDAQ:DRIV) too much as they continued to execute flawlessly. Q1 revenues of $102.9 million beat the projected $96-$100 million guidance, and slipped a minor 1% over the last year’s $103.6 million. EPS of $0.56 grew over last year’s $0.53 and exceeded the company’s projected EPS of

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McClatchy Struggles As Ad Revenues Drop 30%

Nearly seven large US newspapers have filed for bankruptcy in the past five months, making it clear that the industry is finding it extremely difficult to sustain its business model or find a new one as the recession continues to eat away at its main revenue source, advertising. McClatchy (NASDAQ:MNI), the third-largest newspaper company in the US,

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Oracle Continues Shift Toward On-Demand Software

Yesterday, Oracle (NASDAQ:ORCL) reported fourth quarter results that beat estimates. A highlight of the earnings call was CEO Larry Ellison admitting that Oracle is getting “a little bit” into the cloud computing space. More than a year ago, he was not so keen on investing in the SaaS sector due to the high cost of

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Informatica Expands Its Reach

Informatica (NASDAQ:INFA), the leading data integration enterprise, reported a very positive Q1 recently. Revenues of $109.1 million grew 5% over the year with EPS of $0.18 compared to $0.16 earned a year ago.

Naukri Pulls Ahead of Peers

As job markets across the world sputter, recruiters all over have been feeling the effects. It is no different for India’s leading online recruiter, Naukri.com. For the year ended March 2009, Naukri’s parent company, Info Edge Ltd (BSE:NAUKRI.BO), announced revenue growth of 14% over the year to Rs. 2737.96 million (~$58 million). EBITDA of Rs.938.64

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RIM Gains Market Share

Research In Motion Limited (RIM) (NASDAQ:RIMM; TSX: RIM), a leading mobile phone vendor with annual revenue of $11.07, billion beat estimates for its first quarter. Close on the heels of the Palm Pre and the iPhone 3.0, this week RIM unveiled the BlackBerry Tour. And although Palm and Apple are heating up the convergence device

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Security Threats Escalating

In times when overall technology budgets seem to be restricted, there isn’t that much of a slowdown in the anti-virus and computer security product sales, as was evident from the last quarter results of McAfee. With increasingly larger digital security threats, the market has always been mission critical, and continues to remain so.