Latest Software industry News

People wearing face masks walk past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, Sept. 15, 2020. Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. (AP Photo/Vincent Yu)

Asian markets mixed after Wall Street rises on dealmaking

Sep. 15, 2020 12:06 AM EDT

Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. Tokyo declined while Hong Kong and Seoul gained. Shanghai was little-changed. Wall Street's S&P 500 index closed 1.3% higher, driven by gains for technology, health care and finance...

FILE - In this July 17, 2020, file photo, a man wearing a shirt promoting TikTok is seen at an Apple store in Beijing, China. TikTok’s parent company ByteDance has chosen Oracle over Microsoft as a new American technology partner to help keep the popular video-sharing app operating in the U.S., according to a person familiar with the deal.(AP Photo/Ng Han Guan, File)

Q&A: What does a deal between TikTok and Oracle mean?

Sep. 14, 2020 12:50 PM EDT

HONG KONG (AP) — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S. TikTok confirmed the decision Monday, echoing earlier statements from Oracle and the U.S. treasury...

FILE - This March 27, 2008, aerial file photo, shows the Pentagon in Washington. The Pentagon on Friday, Sept. 4, 2020, reaffirmed Microsoft as winner of a cloud computing contract potentially worth $10 billion, although the start of work is delayed by a legal battle over rival Amazon's claim that the bidding process was flawed. (AP Photo/Charles Dharapak, File)

Pentagon reaffirms Microsoft as winner of disputed JEDI deal

Sep. 4, 2020 5:34 PM EDT

WASHINGTON (AP) — The Pentagon on Friday reaffirmed Microsoft as winner of a cloud computing contract potentially worth $10 billion, although the start of work is delayed by a legal battle over rival Amazon's claim that the bidding process was flawed. “The department has completed its comprehensive...

Yext, Alphabet fall; Domo, Cooper rise

Sep. 4, 2020 4:34 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday: Domo, Inc., up $3 to $40.28. The software maker beat Wall Street's second-quarter earnings and revenue forecasts. Pitney Bowes Inc., down 11 cents to $5.08. The mailing equipment and software company is raising prices as e-commerce...

FILE - In this May 6, 2015 file photo people load in to a Daimler Freightliner Inspiration self-driving truck for a demonstration in Las Vegas. Daimler Trucks and allied vehicle software company Torc Robotics announced Thursday, Sept. 3, 2020, the expansion of testing for self-driving trucks to public roads in New Mexico along major long-haul freight routes. (AP Photo/John Locher,File)

Daimler Trucks tests self-driving vehicles in US Southwest

Sep. 4, 2020 4:08 PM EDT

SANTA FE, N.M. (AP) — Daimler Trucks and allied vehicle software company Torc Robotics announced Thursday the expansion of testing for self-driving trucks to public roads in New Mexico along major long-haul freight routes. The companies have established a new testing center in Albuquerque, as they begin...

FILE - In this July 22, 2020, file photo, workers collect samples at a mobile coronavirus testing site in Los Angeles. A month after California disclosed its COVID-19 tracking system had produced inaccurate case numbers, state officials Tuesday, Sept. 1, 2020, awarded a $15 million contract to a software company to design a successor capable of collecting greater amounts of more detailed data on the spread of the virus. (AP Photo/Marcio Jose Sanchez, File)

California inks deal for new system after COVID data backlog

Sep. 1, 2020 7:26 PM EDT

LOS ANGELES (AP) — About a month after California disclosed its COVID-19 tracking system had produced inaccurate case numbers, state officials awarded a $15 million contract Tuesday to a software company to design a successor capable of collecting greater amounts of more detailed data on the spread of the...

Workday, Nutanix rise; Ollie's, Big Lots fall

Aug. 28, 2020 4:40 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday: Workday, Inc., up $27.25 to $243.88. The business software company raised its subscription revenue forecast after beating Wall Street's second-quarter earnings expectations. Dell Technologies Inc., up $3.78 to $66.21. The laptop...

Salesforce, Anaplan rise; Nordstrom, Pure Storage fall

Aug. 26, 2020 4:21 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: Hewlett Packard Enterprise Co., up 34 cents to $9.67. The information technology company beat analysts' fiscal third-quarter profit and revenue forecasts. Pure Storage Inc., down $1.70 to $15.05. The data storage company warned...

A woman wearing a mask to protect from the coronavirus walks with an umbrella as it rains outside a Huawei store in Beijing on Wednesday, Aug. 5, 2020. For nearly a decade, Huawei kept worldwide sales growing as Washington told U.S. phone companies not to buy its network equipment and lobbied allies to reject China's first global tech brand as a security threat. (AP Photo/Ng Han Guan)

Huawei, long resilient, suffers under tougher US pressure

Aug. 19, 2020 10:16 PM EDT

BEIJING (AP) — For nearly a decade, Huawei kept worldwide sales growing as Washington told U.S. phone companies not to buy its network equipment and lobbied allies to reject China's first global tech brand as a security threat. Focusing on Europe, Asia, Africa and China's booming market, Huawei became the...

Epic Systems requiring workers to come back by Sept. 21

Aug. 4, 2020 5:05 PM EDT

MADISON, Wis. (AP) — Epic Systems is requiring its 9,000-plus employees to return to work in person at its sprawling campus outside of Madison by Sept. 21. The health software company is one of the first large employers in the state to no longer give employees the choice of working from home. “We do...