Novell has warned that it expects second quarter revenues to be substantially down on the previous quarter when it reports its January-March fiscals in mid-May.
The networking software giant expects turnover in the $300-335 million band; that's at least $40 million down on the previous quarter. The firm blames lower than expected sales to small and medium-sized companies where Windows NT is making inroads.
Tech Industry
Tech Industry
Female founders struggle to raise money during boom times for VC investments
There is progress being made in recruiting more female engineers to tech jobs, but things are at a standstill when it comes to VC investments.
Look at this tiny winged microchip the size of a grain of sand
Are people ready for seed-sized surveillance computers falling from the sky?
Apple bans Epic Games from App Store until all litigation is finalised
The indefinite ban was shared through a series of tweets posted by Epic Games CEO Tim Sweeney.
Freshworks, Toast stocks climb on first day of trading
The SaaS business Freshworks and the restaurant tech business Toast both made their Wall Street debut on Wednesday.
Zoom's $14.7 billion deal for Five9 under US national security review
A government review into the Zoom-Five9 deal will result in the deal's application for approval being halted for the time being.
Industry once again warns Australian government about falling behind in tech
The Australian Academy of Science has called for the federal government to turn emerging digital technologies into a national science and innovation priority. ...
Accenture to acquire Brazilian customer experience firm Experity
The deal marks the third purchase of the consulting firm in the Latin American country this year.
Claris announces low code accelerator to boost diversity, address tech worker shortage
The Apple subsidiary is working with a Black-led venture fund and startup studio on the program.
The devOps platform said its revenue in the last six-month period grew 69% year-over-year.
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