Enterprise software

IBM's new services zero in on fraud, financial crime

IBM has introduced new software and services to help organizations use big data to address financial losses caused by fraud.

The Armonk, N.Y.-based firm says that $3.5 trillion is lost every year to fraud and financial crime. To combat these problems, IBM has launched its "smart counter fraud" initiative, which includes software and services based on over 500 fraud consultants, 290 fraud-related research patents, and the investment of $24 billion in to IBM's Big Data software since 2005.

IBM says these new services can detect a number of criminal activities, including tax evasion, money … Read more

Adobe reports strong Q1, 1.84M Creative Cloud subscriptions

Adobe's fiscal first-quarter earnings and revenue came in at the high end of the company's expectations as it continues to land cloud subscriptions.

The company on Tuesday reported first-quarter earnings of $47.05 million, or 9 cents a share on revenue of $1 billion. Adjusted earnings were 30 cents a share, a nickel better than estimates.

The main takeaway from Adobe is that it added 405,000 Creative Cloud subscriptions from a year ago and has annualized recurring revenue approaching $1 billion for its Creative business.

In a presentation, Adobe CEO Shantanu Narayen said the company's new … Read more

Box expects to make more than $200 million in annual revenue

Cloud storage service Box expects to double its revenue this year by making more than $200 million, Bloomberg reported Friday.

Unnamed sources told Bloomberg that Box will publicly unveil its plans for an initial public offering in a few weeks. It was reported in January that the company has secretly filed for an IPO.

Box, which CEO Aaron Levie and his childhood friends started in 2005, has quickly become a well-known provider of cloud enterprise services. The company has a lot of competition, including Dropbox and Microsoft's OneDrive. But, Box has aggressively pursed both individual users and companies, by … Read more

Now running on a Chromebook near you: Windows

Armed with rising Chromebook sales, Google and VMWare have partnered up to allow legacy Windows software to run on Chrome OS, the companies announced on Wednesday.

The deal will allow Windows-only enterprise software, such as accounting applications, to work on Google's low-cost Chrome OS laptops and desktop boxes. With most of its line priced at or under $300, Chromebook laptops have jumped in sales, capturing 21 percent of US notebook sales and 8 percent of the total PC and tablet market in 2013. That's up from negligible market share the year before, reports NPD.

Up until now, Chrome … Read more

Chrome's next target: Your meeting room

MOUNTAIN VIEW, Calif. -- Armed with a plethora of hardware weapons, Google wants to take over meeting room teleconferencing systems with a low-cost Chromebox for Meetings.

Announced on Thursday, the new system provides what Google calls a compelling suite of hardware and software tools to get more businesses to buy into video-conference calls. The system retails for $999 per meeting room, includes a new Core i7-powered Chromebox, remote control, microphone-speaker combo, and high-definition Webcam, and is available immediately in the US.

"We want to redo the meeting room," Caesar Sengupta, the vice president of product management for Chromebooks, … Read more

Nadella: Our industry respects innovation, not tradition

He wears jeans with a T-shirt and suit coat. Sometimes he wears a hoodie like Mark Zuckerberg. He is a decade younger than his predecessor Steve Ballmer. He grew up in India, but has spent more than half his life in the US. He likes cricket and poetry. He has worked at Microsoft for 22 years, most recently as head of the company's $20 billion cloud and enterprise group. This is Satya Nadella, Microsoft's new CEO.

As he settles into his new role, the question is what will Nadella do different from his predecessor to make Microsoft a … Read more

Microsoft tops Q2 earnings expectations, still no new CEO

This may turn out to be the first earnings report where Microsoft's actual financial results are a sideshow to the main event.

Microsoft reported fiscal second-quarter results Thursday that were better than expected. The company had sales of $24.5 billion and 78 cents per share. Wall Street had expected revenue of $23.7 billion with a profit of 68 cents a share.

But the bigger news -- who will replace Steve Ballmer as the company's next chief executive? -- remains in the realm of a press release, at least for the foreseeable future. The company had nothing … Read more

PayPal chief wants to mobilize e-commerce

SAN FRANCISCO -- Eventually, mobile will be everything, according to PayPal President David Marcus.

That might have been a bold statement a year or even six months ago. But based on traffic and ad revenue figures experienced by some other tech giants lately (see Yahoo and Facebook, for starters), perhaps it's just stating the obvious at this point.

During a sitdown conversation with ReadWrite Editor-in-Chief Owen Thomas on Tuesday evening, Marcus reiterated a prediction made one year ago that within five years, consumers in dense metro areas in North America, Europe, or Asia will be able to complete all … Read more

Intel kills off McAfee Security brand

Throughout the years of John McAfee's madman antics, the founder of computer security firm McAfee Security, always had his name associated with the shield logo of McAfee Antivirus and its variations.

But with a few sentences casually thrown out to the Consumer Electronics Show audience in Las Vegas on Monday evening, Intel CEO Brian Krzanich sounded the death knell for the McAfee brand, at least as far as it relates to consumer security.

The software will remain unchanged except for changing the name from McAfee Security to Intel Security. The iconic red McAfee shield will remain, for now, and … Read more

Twitter gives SPDY a leg up on Apple hardware

Twitter has released open-source software that iOS and OS X programmers can use to build in Google's SPDY technology for faster Web connections.

The software, called CocoaSPDY, is a library of prewritten software that programmers can incorporate into their own apps, said Twitter programmer Mike Schore in a blog post Thursday.

SPDY is designed to speed up Hypertext Transfer Protocol (HTTP), the standard that governs how Web browsers fetch pages from Web servers. Some SPDY ideas are being incorporated into HTTP 2.0, but meanwhile, Google and other allies continue to advance SPDY.

Twitter said its tests have shown … Read more