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April 23, 2015 by

Increased investment drives Xero NZ$69.5m net loss

Increased investment in product development has contributed to an annual net loss after tax of NZ$69.5 million for New Zealand cloud accounting software provider Xero, despite an 81 percent jump in subscription revenue during the financial year.

October 21, 2012 by

Tata Consultancy Q2 profit up 52 percent

India’s largest software services provider beats market forecasts with a net profit of US$652 million, on the back of broad-based growth driven by manufacturing, retail, telecom, banking and financial services.

November 10, 2011 by

Solaris 11 takes Sun's OS to the cloud

Oracle has released version 11 of Solaris, the Unix-based operating system the company acquired when it purchased Sun Microsystems in 2010.The software, made generally available on Wednesday, was billed by Oracle in a statement as "the first cloud operating system".

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