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SkillSoft agrees to $1.1B acquisition by group

February 12, 2010 2:01 am | by The Associated Press | News | Comments

Education software provider SkillSoft PLC said Friday it has agreed to be purchased by a private investor group for about $1.1 billion.SkillSoft shareholders will receive $10.80 in cash for each ordinary share or American Depositary share they own, which is an 11 percent premium to the...

In Memoriam: Bruce Carmichael, Shaped Different Parts of Campus in Administrative Posts

February 11, 2010 7:52 pm | by Yale University | News | Comments

Bruce F. Carmichael, the deputy dean for academic administration in the School of Engineering & Applied Science (SEAS), died suddenly on Feb. 1. He was 63 years old.

Google rebuts US objections to digital book deal

February 11, 2010 7:01 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | News | Comments

Google Inc. wants the digital rights to millions of books badly enough that it's willing to take on the U.S. Department of Justice in a court battle over whether the Internet search leader's ambitions would break antitrust and copyright laws.The stage for the showdown was set Thursday with a...

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Google rebuts DOJ objections to digital book deal

February 11, 2010 6:01 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | News | Comments

Google Inc. wants the digital rights to millions of books badly enough that it's willing to take on the U.S. Department of Justice in a court battle over whether the Internet search leader's ambitions would break antitrust and copyright laws.The stage for the showdown was set Thursday with a...

Stamps.com 4Q rises, beating estimates

February 11, 2010 5:01 pm | by The Associated Press | News | Comments

Stamps.com Inc., which allows consumers to print postage approved by the U.S. government from their computer, said Thursday its fourth-quarter net profit rose 36 percent although revenue fell.Net income in the three months to Dec. 31 came to $2.2 million, or 14 cents per share, from $1.6...

NPD: January video game sales down 13 percent

February 11, 2010 4:01 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

U.S. video game retail sales dropped 13 percent in January, another down month for the industry after a difficult 2009.In all, Americans spent nearly $1.2 billion on video game systems, software and accessories during the month, market researcher NPD Group said Thursday.Software sales fell 12...

Softchoice reports Q4 profit of US$7.1 million, sales down from year ago

February 11, 2010 4:01 pm | by The Associated Press | News | Comments

Softchoice Corp. (TSX:SO) , which keeps its books in U.S. dollars, said Thursday it earned US$7.1 million or 39 cents per share for the quarter ended Dec. 31 compared with a loss of $21.9 million or $1.25 per share for the same period a year earlier. During the quarter, Softchoice reported...

- Continued debt reduction finishing quarter with a net cash position of $1.8 million

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Softchoice Corporation (TSX: SO), a leading North American provider of IT solutions and services, today reported financial results for the fourth quarter and fiscal year of 2009.For the three-month period ended December 31st, 2009, Softchoice reported net earnings of US$7.1 million or US$0.39 per...

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Epicor Software posts higher 4Q earnings

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Business software company Epicor Software Corp. said Thursday its fourth-quarter profit soared on a jump in software license revenues and a decline in operating costs.Earnings were $6.7 million, or 11 cents a share, in the three months ended Dec. 31. That compares with a profit of $1.5 million,...

Communications co. Syniverse's 4Q profit up 6 pct

February 11, 2010 2:01 pm | by The Associated Press | News | Comments

Syniverse Holdings Inc.'s profit jumped 6 percent in the fourth quarter as revenue jumped 14 percent at the mobile-communications company.David Hitchcock, the company's chief financial officer, said in a statement that controlling costs was a key to improving its profit as its yearlong profit...

Correction: Blackbaud earnings

February 11, 2010 1:01 pm | by The Associated Press | News | Comments

In a story Feb. 4 about Blackbaud Inc.'s fourth-quarter financial results, The Associated Press reported erroneously analyst estimates for the quarter. Analysts expected profit of 24 cents per share, excluding items, not 27 cents per share, and they expected revenue of $78.7 million, not $85.2...

McAfee profit jumps 20 pct, CFO to retire

February 11, 2010 1:01 pm | by The Associated Press | News | Comments

McAfee Inc.'s profit jumped 20 percent in the fourth quarter in part on bigger sales to corporations by the security software maker. The profit matched Wall Street's projections, while sales topped them.The company also said Rocky Pimentel, its chief financial officer, will retire this year,...

Over 60% of Internet-connected Mobile Devices Sold Will be Through Carrier Channels by 2013

February 11, 2010 12:55 pm | by In-Stat | News | Comments

Carriers are becoming a significant channel for all Internet-connected mobile devices, including netbooks and mobile PCs, because of the revenue potential of the associated services

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Leadership changes continue at Germany's SAP

February 11, 2010 12:01 pm | by The Associated Press | News | Comments

Less than a week after the surprise resignation of its CEO, German software maker SAP AG said board member John Schwarz had resigned.The company on Thursday also named a new chief operating officer.The changes in leadership were announced by the newly installed co-CEOs, who took over after CEO...

Scientists find clue to anxiety drug addiction

February 11, 2010 11:55 am | News | Comments

Valium-like drugs use the same potentially addictive "reward pathways" in the brain as heroin and cannabis, scientists said on Wednesday, findings which may help in the search for non-addictive alternative anxiety drugs.

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