(Associated Press Via Acquire Media NewsEdge) Salesforce shares soar after 3Q resultsNEW YORK (AP) _ Shares of Salesforce.com Inc. soared to a record high on Friday after the business software company reported stronger-than-expected results for the latest quarter and said it expects to reap $2 billion in revenue in fiscal 2012. Salesforce was among the first companies to push cloud computing, technology that allows companies to store data online, rather than on their own computers.
Apotheker a no-show in Oracle-SAP trialOAKLAND, Calif. (AP) _ An industrial espionage trial between Oracle Corp. and SAP AG, two of the world’s biggest business software makers, didn’t feature after all the testimony of one of its most anticipated witnesses. The evidence part of the three-week trial wrapped up Friday without an in-person appearance by the new CEO of Hewlett-Packard Co., Leo Apotheker, and without Oracle playing a videotaped deposition he gave.
Emusic adds major labels, higher price tiersLOS ANGELES (AP) _ Digital music subscription club eMusic launched a new pricing plan this week that charges more for new music but adds tunes from major labels in an effort to broaden its appeal. In the past, the site focused on indie labels and offered discounts on tracks for members committed to spend at least $6.49 a month.
Once-mighty MySpace deepens Facebook integrationNEW YORK (AP) _ In a sign of the companies’ divergent fortunes, MySpace said Thursday it will let its users log in to their Facebook accounts through their MySpace page. Doing so will port the likes and interests they have listed on their Facebook profiles to MySpace, where they will get a stream of entertainment content based on these interests.
Amazon to allow gifting of Kindle e-booksSEATTLE (AP) _ Amazon.com Inc. has begun allowing customers to give its Kindle e-books to others. Before, customers could only give gift certificates to cover the cost of an e-book.
Nokia admits power problems in N8 top handsetHELSINKI (AP) _ Nokia Corp. said Friday its top N8 model, aimed at making up lost ground in the smart phone market, has had power problems with some handsets not turning on after recharging. The fault was limited to “a small number of handsets” and will be fixed in line with Nokia warranty rules, Nokia spokeswoman Eija-Riitta Huovinen said. She gave no details of whether the problem was regional or how many handsets were affected.
Cable company Cox launches cell serviceNEW YORK (AP) _ Cox Communications, the country’s third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday, taking on cell phone companies on its home turf. It’s a rare new entrant in the wireless market, but one that’s available only in Orange County, Calif., Omaha, Neb., and Hampton Roads, Va. _ all areas where Cox is the local cable company. They have about 1.5 million residents, Cox said.
Samsung to create new office for group affairsSEOUL, South Korea (AP) _ Samsung will create a new organization to coordinate the group’s sprawling businesses after a previous one was closed in 2008 amid a corruption scandal that rocked the massive conglomerate. Samsung consists of dozens of companies with interests in electronics, shipbuilding, construction, leisure, finance and other businesses. Samsung Electronics Co. is its flagship corporation.
Google to purge UK personal data gotten from Wi-FiLONDON (AP) _ Google Inc. will delete the personal data collected by the company’s Street View cars in Britain after regulators there wrapped up their inquiry into the intrusion. Britain’s Information Commissioner said Friday that the Mountain View, Calif.-based company would improve data protection training for its employees around the world and create a privacy document for every new project it launches.
Chinese woman sent to labor camp for retweetingBEIJING (AP) _ China has sentenced a woman to a year in a labor camp for “disrupting social order” by retweeting a satirical message urging Chinese protesters to smash the Japan pavilion at the Shanghai Expo, an international rights group said. Cheng Jianping, 46, re-posted a message from the social networking site Twitter last month hinting that Chinese protesters should smash the Japan pavilion at the Shanghai Expo and adding on the message “Angry youth, charge!” according to Amnesty International, which condemned the sentence in a statement late Thursday.
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