Top Tech News for June 05, 2013
Samsung wins big on ban of old iPhones, iPads. Apple Inc. (NASDAQ:AAPL) recently took their first loss in the U.S. patent case with Samsung (OTC:SSNLF). This means there could be a ban on imports of older devices which include the versions like the iPhone 4 and iPhone 3GS. In addition to the iPhone ban, 3GS versions of the iPad 1 and 2 violate the patent. This battle for market share is getting out of hand, and it is very unlikely that there is a chance of the two coming to an agreement.
Amazon stirring up Ad Empire. Google (NASDAQ:GOOG) and Facebook (NASDAQ:FB) have been known to been the leader in the advertising market; however, Amazon (NASDAQ:AMZN) is attempting to jump in the arena. A 46% advertising revenue increase from 2011 is enough to consider the move. With that said Amazon estimates their ad revenue to increase another 37% this year.
Dell Increases Partnership with Oracle. Dell (NASDAQ:DELL) just recently released news that mentions an increased global deal with Oracle (NASDAQ:ORCL) in which these two companies will offer products that utilize Dell's hardware and Oracles software. The deal requires that each company refer to each other as a preferred partner. According to Oracle President Mark Hurd this partnership is an extension of
Oracles engineered systems strategy.
SalesForce Will Purchase ExactTarget: Salesforce.com (NYSE:CRM) agreed on Tuesday to buy ExactTarget (NYSE:ET), a provider of marketing software services. They agreed to purchase this company for about $2.5 billion. Under the terms of the deal, Salesforce.com will pay $33.75 a share, nearly 53 percent above ExactTarget's closing price on Monday.
IBM To Buy SoftLayer: International Business Machines Corporation (NYSE:IBM) the world's largest seller of computer services agreed to buy SoftLayer Technologies Inc., which is a cloud-computing storage provider that will help them compete with Amazon . IBM is paying almost $2 billion for. According to Chief Executive Officer Lance Crosby of SoftLayer, the company had $33.5 million in revenue in 2012, said in an interview.