Friday, May 24, 2013
 
 

FRANKFURT (Reuters) - German business software maker SAP said it was revamping its management to sharpen its focus on cloud computing as demand for the service which saves clients money grows.

SAP and rivals such as IBM and Oracle are dashing to meet surging demand for cloud computing, which allows clients to ditch bulky and costly servers for network-based software and storage in remote data centers.

The company said it was now grouping all of its development activities and putting executive board member Vishal Sikka in charge of them from June 1. It also named board member Gerhard Oswald to oversee its new HANA Enterprise Cloud product.

"In record time, we went from being a startup in the cloud to being one of the largest c
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By Leila Abboud and Sophie Sassard

PARIS/LONDON (Reuters) - Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter.

Etisalat's bid needs fur...
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(Reuters) - Satellite TV provider Dish Network Corp and wireless network provider nTelos Holdings Corp said they would jointly develop a broadband service within nTelos's coverage territory serving parts of Virginia, Maryland and a few other states.

Dish has been trying to diversify be...
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FRANKFURT (Reuters) - German business software maker SAP said on Friday that Lars Dalgaard, who had widely been expected to lead its cloud computing business, was leaving.

Dalgaard joined the company in late 2011 when SAP bought Web-based software company SuccessFactors Inc. The acquisitio...
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WASHINGTON (Reuters) - Microsoft Corp won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility.

If the ITC had found that Microsoft ...
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By Ronald Grover

LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service.

Hu...
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By Chandni Doulatramani and Supantha Mukherjee

(Reuters) - Angie's List Inc <ANGI.O> expects cashflow to turn positive this year as it spends less on acquiring new paid customers for its consumer review website, the company's co-founder said, fending off criticism of its busi...
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