A boost in search revenue helped Yahoo beat expectations on its Q4 earnings report released Monday, even though display advertising revenue fell. The company reported net income of $272.3 million, or 23 cents per share, down from the $295.6 million, or 24 cents per share that it reported the same ti...
The relationship between Facebook and Zynga got even more complicated this week as the pair agreed to new partnership terms that free both from constraints under the prior deal. Zynga's stock took a hit because the new deal allows Facebook to develop its own games. The success of each company has lo...
Facebook is integrating sponsored results into its search function as part of the social network's ongoing effort to increase advertising revenue. The ads appear when a user looks for a person, place, app or other item through Facebook's search bar. Advertisers can choose which search terms to targ...
Newly hired Yahoo CEO Marissa Mayer is reportedly considering a change in business strategy for the company, beginning with a restructuring plan that would use the revenue from Yahoo's Alibaba sale for long-term investment options rather than an immediate payback to shareholders. Yahoo announced in ...
Yahoo's Q2 earnings, which were publicly released Tuesday, underscore the challenges that new CEO Marissa Mayer will face as she takes over the struggling Internet company. Yahoo brought in $227 million in its second quarter, down from the $237 million it reported for the same time a year ago. Earni...
Facebook can be an effective platform for advertisers, according to a report released Tuesday by comScore. The results appear to counter the findings of a recent Reuters/Ipsos poll in which four out of five respondents claimed they were never influenced by advertisements or comments on the site rega...
CDC Software Corporation, an enterprise software provider of on-premises and cloud technologies, has just released Pivotal CRM for iPad, an application that enables users to access CRM information whenever and wherever they need it. "Today, CRM is going in two distinct directions," said Jason Rushfo...
CDC Software's Pivotal CRM Customer Service and Support has launched, with major changes to the application's integration with social media and email, and more configuration options. This module was developed for the Pivotal 6 platform, which was built on the .Net Framework. The biggest jump in func...
CDC Software has released a vertical application based on its Pivotal CRM 6.0 platform. The upgraded application, Home Building and Real Estate -- one of Pivotal's few nonfinancial verticals -- targets an important buying constituency for CDC, said Steve Lewkowitz, director of professional services ...
CDC Software has closed on its acquisition of CRM vendor Saratoga Systems. The company's $25 million annual revenue is expected to be accretive to CDC immediately upon completion of the deal. Other than that, it will be business as usual for Saratoga and its customers, according to Bruce McIntyre, g...
On August 1, Onyx's shareholders are set to vote on the pending acquisition of the company by M2M Holdings, a private equity firm jointly owned by Battery Ventures and Thoma Cressey Equity Partners. The deal on the table is an all-cash transaction for US$92 million, or $4.80 per share, and it is one...
CDC Software has made its third offer to acquire mid-market CRM vendor Onyx, offering shareholders a choice of all-cash or cash-and-shares in CDC. The offer -- US$4.85 per share in cash, or $2.50 in cash and $2.50 in CDC stock -- comes a few weeks after Onyx signed a definitive agreement to be acqui...
Onyx has signed a definitive agreement to be acquired by M2M Holdings, a private equity firm jointly owned by Battery Ventures VI and Thoma Cressey Equity Partners, in an all-cash transaction for US$92 million, or $4.80 per share. Closing is anticipated in the third quarter, subject to approval by a...
CDC Software is adding another CRM software vendor to its portfolio of acquisitions that will expand its product line and widen its distribution channel. On Thursday, the company announced it has signed a definitive agreement to purchase c360, a provider of CRM add-on products, industry-specific app...
CDC has made another proposal to buy Onyx following its failed attempt in January. At the same time, it announced plans to form a new company to manage the various enterprise applications under the corporate umbrella. While the corporate restructuring is not directly related to its new offer for Ony...
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