Latest Software industry News

Judge sides with Pentagon and Amazon in cloud bidding case

Jul. 12, 2019 5:56 PM EDT

A federal judge has dismissed allegations that bidding for a $10 billion cloud computing contract with the Pentagon was rigged to favor Amazon. Friday's ruling dismissing Oracle's claims clears the Defense Department to award the contract to one of two finalists: Amazon or Microsoft. It will be a boon for...

Amazon, Microsoft wage war over the Pentagon's 'war cloud'

Jul. 9, 2019 4:58 PM EDT

Amazon and Microsoft are battling it out over a $10 billion opportunity to build the U.S. military its first "war cloud" computing system. But Amazon's early hopes of a shock-and-awe victory may be slipping away. Formally called the Joint Enterprise Defense Infrastructure plan, or JEDI, the military's computing...

Already cautious businesses grow even more wary about hiring

Jul. 3, 2019 11:13 AM EDT

NEW YORK (AP) — Corri Smith is planning to hire a full-time project manager for her public relations firm and make her part-time assistant full-time. But she has a wary eye on the economy. "It's been a long time since we've had some trouble in the economy. It can't all be wonderful — something will...

Constellation Brands and JPMorgan rise while Apple falls

Jun. 28, 2019 5:12 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: CalAmp Corp., up $1.28 to $11.68 The wireless communications company said software and subscription services helped push its fiscal first quarter profit above Wall Street forecasts. Motorcar Parts of America Inc., up $2.94 to...

Asian stocks sink ahead of Trump-Xi meeting at G-20

Jun. 27, 2019 11:41 PM EDT

BEIJING (AP) — Asian stocks sank Friday as investors waited for a meeting between Presidents Donald Trump and Xi Jinping that they hope will produce a truce in spiraling U.S.-China trade tensions. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all fell. Crude prices declined. Investors are hoping for...

France's Dassault to acquire Medidata for $5.8 billion

Jun. 12, 2019 4:50 AM EDT

French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesday. Medidata shares dipped about 4% in premarket trading. New...

Salesforce buying Tableau as businesses embrace data

Jun. 10, 2019 1:26 PM EDT

SAN FRANCISCO (AP) — Salesforce, a maker of customer-management software, is buying Tableau Software in an all-stock deal valued at $15.7 billion. By scooping up Tableau, which provides easy-to-use tools for visualizing and organizing data, Salesforce is the latest big tech firm to carve itself a role in...

GameStop, Pivotal Software fall; Campbell, Salesforce rise

Jun. 5, 2019 4:54 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Salesforce.com Inc., up $7.63 to $158.44 The customer-management software developer blew away Wall Street's first quarter profit forecasts and raised its outlook for the year. Pivotal Software Inc., down $7.65 to $10.89 The...

University of Louisville has free IT training for unemployed

May. 24, 2019 8:00 AM EDT

LOUISVILLE, Ky. (AP) — The University of Louisville is partnering with the Humana Foundation and Interapt to offer free information technology training to unemployed and underemployed local residents. The program, called Louisville Skills, will take place at UofL's Hite Art Institute in West Louisville....

US, China appear to brace for long haul in trade dispute

May. 22, 2019 3:33 PM EDT

WASHINGTON (AP) — With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade. Beijing is airing Korean War movies (antagonist: America) to arouse patriotic feelings in the Chinese public and offering tax cuts to software and chip...