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News Summary: Oracle's 1Q produces mixed bag

Submitted by Fox First at Ten on September 21st

By The Associated Press GOOD NEWS, BAD NEWS: Oracle's fiscal first-quarter results included heartening and troubling signs. The business software maker's earnings climbed 11 percent from the same time last year to $2 billion to match analyst estimates. But revenue dipped by 2 percent, a

Tibco 3Q income rises, but shares slip aftermarket

Submitted by Fox First at Ten on September 20th

PALO ALTO, Calif. (AP) - Business software provider Tibco Software Inc. said Thursday its net income rose 11 percent in the fiscal third quarter as sales picked up. However, the company's revenue fell short of Wall Street estimates, and Tibco shares slipped in aftermarket trading. The company

Texas Instruments raises dividend by 24 percent

Submitted by Fox First at Ten on September 20th

DALLAS (AP) - Chipmaker Texas Instruments Inc. says it will raise its quarterly cash dividend to 21 cents per share from 17 cents, a 24 percent increase. TI has raised its dividend for nine straight years and has paid dividends since June 1962. It said Thursday that the increase reflects its

New Maps app is rare Apple flub

Submitted by Fox First at Ten on September 20th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - With a touch of geek whimsy, Google Maps warns anyone who seeks walking directions to Mordor -the land of evil in "The Lord of the Rings"- to use caution. "One does not simply walk into Mordor," it says. Apple is finding this week that

Time Warner CEO nixes selling HBO by itself

Submitted by Fox First at Ten on September 20th

NEW YORK (AP) - Time Warner CEO Jeff Bewkes on Thursday shot down the idea of selling HBO online in the U.S. without the TV channel packages it is usually bundled with. The company will start offering HBO online in Sweden, Norway, Finland and Denmark next month. Bewkes said that is because HBO

Oracle's 1Q earnings rise 11 pct despite sales dip

Submitted by Fox First at Ten on September 20th

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Oracle joined a recent procession of technology companies that have stumbled in a shaky economy, but management's forecast for the next few months seemed to persuade investors the business software maker will quickly regain its

News Summary: Google may pass FB in display ads

Submitted by Fox First at Ten on September 20th

By The Associated Press NUMBER ONE: Google is expected to surpass Facebook in display advertising revenue this year, beating all other competitors with a 15.4 percent share of the U.S. market, says research firm eMarketer. TWO TOP DOGS: EMarketer expects Google to generate $2.31 billion in

Microsoft fixing security bug in Internet Explorer

Submitted by Fox First at Ten on September 20th

REDMOND, Wash. (AP) - Microsoft is releasing an update to its Internet Explorer browser to fix a security problem that could expose personal computers to hacking attacks. A permanent repair to the security flaw will be released Friday. Microsoft Corp. began offering a temporary patch for the

HBO CEO Bill Nelson to retire, Plepler new head

Submitted by Fox First at Ten on September 20th

NEW YORK (AP) - HBO co-president Richard Plepler will replace Bill Nelson as CEO when he retires at the end of the year. Eric Kessler, the other co-president of HBO, will become president and chief operating officer, Time Warner Inc. said Thursday. Time Warner owns HBO. Nelson has been chairman and

New Summary: Trulia shares climb in debut on NYSE

Submitted by Fox First at Ten on September 20th

By The Associated Press OPENING DAY: Shares of Trulia Inc. jumped in their first day of trading on the New York Stock Exchange. If the gains hold, it would mark the biggest climb in a U.S. trading debut since the July IPO of teen retailer Five Below Inc. THE COMPANY: Trulia, based in San