Enterprise headlines and summaries, 2009-07-28

  • Microsoft and Yahoo are said to have reached a deal
    Microsoft and Yahoo have agreed to the terms of an online search and advertising deal that will be announced as soon as Wednesday, according to reports.
  • Tech workers dealt setback in H-1B case
    The U.S. Court of Appeals in Philadelphia has ruled against the tech workers that have been fighting a federal decision to allow foreign students to work on a student visa from one year to 29 months.
  • Gartner’s 2009 IT Market Compensation Study Shows That Organizations Are Focusing on Containing Workforce Costs
    In today’s economy, it is imperative that CIOs understand what resources they have and may need in the short and long term and avoid making deep staff cuts without first considering their effects on the organization’s ability to attract and retain talent. However, a recent survey by Gartner, Inc. showed that nearly 66 percent of respondents do not currently have a formal IT workforce planning process that will enable them to leverage the opportunities presented by this downturn.
  • Chris Swanepoel | Oracle Innovation Showcase
    Who would you say is the most innovative person at Oracle? A:The developers. Their work has a tremendous impact on our day-to-day lives. When you use an Oracle application, you notice the difference in its performance, speed, and ease of use.
  • Sun’s JRuby team jumps ship to Engine Yard
    Sun Microsystems’ JRuby team is leaving the company to work for application hosting company Engine Yard, citing the uncertainty surrounding Sun’s planned acquisition by Oracle.
  • SAP CEO: Expects Economic Recovery In 2010
    German business software company SAP AG (SAP) expects the economy to recover next year, Chief Executive Leo Apotheker said in an interview on CNBC Europe. Earlier Wednesday, the company said second-quarter net profit increased 4% to EUR423 million, beating market expectations, on the back of cost savings and despite a 10% drop in revenue to EUR2.58 billion.
  • SAP net up 3.7% on 9.9% lower revenue
    Revenue slipped to 2.58 billion euros from 2.86 billion. Operating expense in the quarter fell 15% to 1.93 billion euros. Chief Executive Leo Apotheker said in a statement that the company is “beginning to have improved visibility into the second half.” Regarding the company’s job cut, SAP estimated its 2009 charges at 200 million euros. It had previously estimated that figure in a range of 200 million to 300 million euros. The company expects an adjusted operating-profit margin for the year of 25.5% to 27% at constant currencies.

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