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Quickflix is asking its customers to buy up to AU$1 million in new shares after selling only AU$650,000 worth of the AU$5.7 million share offer that it hoped would bolster its presence prior to the Australian launch of rival Netflix next year.
In response, Oracle shares immediately rallied by 3.6 percent initially in after-hours trading.
A filing to the Hong Kong stock exchange shows that Ma Huateng, chairman of Chinese technology giant Tencent Holdings Ltd, sold a total of 25.1 million shares in four consecutive days last week, leading to a share decline on Wednesday.
Sponsored by Redhat and Intel
Quality assurance (QA) is a critical aspect of software development, and Red Hat shares its best practices for testing Linux, KVM and OpenShift.
Early trading sees shares in the health software developer lift from NZ$5.70 to NZ$6.60 after its NZ$125 million IPO.
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The network equipment maker's chief executive blamed the "disappointing" quarter, which gave Wall Street the clear-cut signal to sell, sell, sell — driving shares down after-hours.
Tsu, the new social network aims to financially reward its users and creators for creating and sharing engaging content.
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Activist investor Carl Icahn said Apple's shares are undervalued and easily worth twice their trading amount.
AMD shareholders appear to be a bit unnerved by the news as shares tumbled in after-hours trading.
Telstra has bought back more than 217.4 million shares from shareholders in an AU$1 billion share buyback.
Build an IT budget that helps you manage tech spending all year and makes future budgets easier to create. CIO Keith Faigin shares 10 practical suggestions, along with a timesaving template.
Nevertheless, Red Hat shares started to tumble by nearly two percent in after hours trading.
Good business isn't only 'all about people.' It's also about the processes they are saddled with. Paul Greenberg shares his customer's lament about a sale that turned into a nightmare.
The tech giant's stock price has plummeted over the past 24 hours, sending Apple shares to a low not experienced since January.
Newly released figures from two popular web analytics firms show a PC market that is essentially static. The most interesting detail: Apple's push to update its installed base to the latest OS X version has largely succeeded, while Microsoft is less successful with its efforts to get Windows 8 users to move to the free 8.1 update.
Over the course of five articles, David Gewirtz has explored Windows Phone and its place in the smartphone market. In this article, his final in the series, he shares his final conclusions. Is Windows Phone a strike out or a home run? Read the article to find out.
China's second-largest e-commerce player receives a funds injection after the Singapore investment firm buys up 602,139 shares for US$17.2 million. Temasek also forks out US$12.8 million for Chinese security software maker, Cheetah Mobile.
Telstra has reported an AU$4.7 billion profit for the 2013-2014 financial year as the company looks to buy back AU$1 billion in shares.
UPDATED: Yahoo also renegotiated the number of shares it needs to sell in connection to Alibaba's IPO to quite a few less than before.
Stephen Frede has been in the thick of IT security management for over 20 years. In this interview he shares some security management principles and practices with ZDNet's readers.
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