Corel CEO Michael Cowpland on Tuesday denied rumours that his company was in acquisition talks with Linux software provider Red Hat.
Both stocks soared Monday on a rumour that Red Hat would buy Corel, which provides office productivity software.
During an interview on CNBC Tuesday, Cowpland denied there were talks between the companies on a deal.
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How the pandemic revealed the smart home paradox
Stuff to make our home smarter is often more useful when we're not at home.
ACCC says Google and Facebook simply don't want a media bargaining code
But its chair Rod Sims who is unsure if threats to pull news respectively from their platforms down under will be followed through when the code becomes law. ...
Facebook blindsided by Australia's mandatory media bargaining code directive
The social media giant, like Google, said it would have presented a timely voluntary code.
Google threatens to pull Search from Australia if Media Bargaining Code becomes law
Search giant's local managing director said the company has assessed the impact of the legislation and come to the conclusion it would be an untenable risk for its Australian operations. ...
Seagate tops Q2 earnings, revenue targets
Seagate chief executive Dave Mosley said the company saw strong customer demand for its mass capacity products.
New study finds tech elites view the world with more meritocracy
But the same group also denies there is a connection between democracy and money.
Are you being overcharged by clever AI? Watchdog looks at whether algorithms hurt competition
More rules are needed to make sure companies don't use algorithms to harm consumer rights.
APAC firms adopting homemade tech products for local knowledge
Some 65% of businesses in the region have adopted at least one Asian-made technology product, with another 72% describing vendors from the region as better providers for their understanding ...
Facebook and Google are still fighting Australia's Media Bargaining Code
Respectively calling it 'one-sided' and 'unworkable', while Twitter has raised its own concerns with the Bill as the companies prepare to face future implications of any agreement. ...
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