NetApp also revealed plans to lay off approximately 500 workers by the third quarter.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.
Zack Whittaker is a writer-editor for ZDNet, and sister sites CNET and CBS News. He is based in the New York newsroom. His PGP key is: EB6CEEA5.
Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish America Magazine and the New York Daily News, among others. Rachel has a B.A. in Mass Communications and History from the University of California, Berkeley and a M.S. in Journalism from Columbia University, where she served as art director for the student magazine, Plated. In her spare time, she enjoys playing trumpet, learning rock climbing and archery, and listening to NPR's Pop Culture Happy Hour. Someday she also will be perfectly fluent in both French and Spanish. Someday.
Wall Street was looking for first quarter earnings of 14 cents a share on revenue of $1.5 billion.
Dropbox reps stressed "this has been a planned transition" in the works for more than a year.
Tugboat's payment service will shut down on June 30 as the team moves to Facebook to work on news and video products.
Zuora, a business set up to help other businesses manage their online subscription models, said it plans to fully incorporate Frontleaf's employees and resources into its own engineering and sales teams.
The fuel cell project is part of Equinix's overall goal to power its global network of data centers with 100 percent renewable energy.
Forrester Research acknowledges the issues with OpenStack in enterprise cloud deployments but tells companies to suck it up and jump on the bandwagon.
South Koreans under 18 who own a smartphone must now accept a monitoring app on their devices by law.
Salesforce is expected to report a strong first quarter, but merger and acquisition rumors will serve as a backdrop.
If ad-free mobile browsing is the future, where does this leave businesses which rely upon it?
Now that CSC is done restructuring it will split into two companies focused on the commercial and public sector markets.
The Bay Area-based company added 95,000 subscriptions during the quarter.
The retail giant says that once completed in 2016, the rollout will be one of the largest implementations of RFID in the retail industry.
IDC data indicates that India's outsourcing companies now account for more than half of the total contract value of the top 100 deals.
Wal-Mart's e-commerce efforts contributed about .2 percent to its U.S. sales and the retailer is investing to create a more seamless Web, social, mobile and brick-and-mortar handoff.