Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle Chairman Larry Ellison is $18 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, putting … Read more
Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with … Read more
Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite … Read more
A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images British computing startup Raspberry Pi on Tuesday is set to raise £166 million ($211.2 million) from its initial public offering, in a rare win for London’s main stock exchange which has struggled to attract technology listings. Raspberry … Read more
George Kurtz, chief executive officer of CrowdStrike Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares jumped as much as 10% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica. S&P Dow Jones Indices said in a statement late Friday that CrowdStrike was being … Read more
Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced on Monday it received approval from the U.S. Food and Drug Administration for two new continuous glucose … Read more
Microsoft CEO Satya Nadella speaks at an event on Microsoft’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft said an artificial intelligence feature on new PCs that captures screenshots and enables searching of user activity will be off by default after security researchers determined that attackers could … Read more
Waystar celebrates their IPO at the Nasdaq on June 7th, 2024. CNBC Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 per share late … Read more
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a statement on Tuesday that it’s acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring … Read more
Microsoft CEO Satya Nadella speaks at a media briefing at the company’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the … Read more
