Stronger spending on business software helped Oracle’s quarterly profit jump 36 percent, but the company’s server business continued to deteriorate, which the company said is happening because it is shedding lower-margin deals.
LOS GATOS (CBS/AP) — Netflix has lowered its U.S. subscriber expectations for the third quarter because of customer losses relating to a split of its DVD and streaming options. The company, which separated its streaming […]
Spansion Inc., the maker of memory chips, on Tuesday lowered its revenue forecast for the current quarter, saying demand from makers of cellphones and consumer electronics were weak.
Netflix Inc. is bracing for customer backlash that could result in its slowest subscriber growth in more than three years amid changes to its online video and DVD rental service that will raise prices by as much as 60 percent.
June 1st typically has many Bay Area residents headed for the pool, the amusement park or some other outdoor activity where the weather can be enjoyed. Suffice it to say that is not happening this year.
After weeks of stormy weather, the Bay Area forecast for the coming days calls for sunshine and a run of high temperatures that broke records Wednesday.
Clearing skies and cold air greeted the Bay Area Friday morning following the latest downpour overnight Thursday, with the anticipation of snow in low-lying areas still in the forecast.
Stocks finished Thursday flat, dragged down by Cisco Systems Inc. The San Jose-based company issued a weak earnings forecast.
Cold, wet weather was expected to move into the Bay Area on Friday, with no sign of letting up until at least the end of the weekend.