ADP Falls While Ackman Says Stock Could Double by 2021
ADP largely remains a traditional payroll company that has tacked on a series of acquisitions to grow into new software offerings.
Cisco Outlook Shows Robbins Turnaround Hasn’t Spurred Growth
Cisco’s transition into a company that’s less dependent on hardware is hurting its overall growth as the software and services businesses.
Funding Conditions for U.S. Tech Startups Reach Record High
The Bloomberg U.S. Startups Barometer, which tracks the business conditions for U.S.-based private technology companies, reached a record high.
Docker Is Said to Be Raising Funding at $1.3 Billion Valuation
The latest influx of $75 million, which is expected to close by the end of the month, will help fuel Docker’s newest push to win business customers.
RingCentral Is Said to Hire Adviser After Takeover Interest
RingCentral Inc. is working with an adviser after receiving takeover interest.
Google Fires Author of Divisive Memo on Gender Differences
James Damore, the Google engineer who wrote the note, confirmed his dismissal in an email.
Work Visa Program Benefits the U.S., India, New Study Says
The controversial H-1B visa program, widely criticized for costing American workers their jobs, has actually provided economic benefits for both the U.S. and India.
Musical Chairs in Executive Suite Costs Symantec $127 Million
Symantec Corp. is learning the hard way that rapid turnover in the executive ranks can be expensive.
Executives Are More Worried About Amazon Than Trump’s Setbacks
What keeps corporate leaders up at night?
Google Grabs Nielsen as Business Apps User From Microsoft
The transition, previously undisclosed, is a rare win for Alphabet Inc.’s Google in an uphill battle for corporate software customers against long-time leader Microsoft.
Dropbox Is Said to Be Expected to Hire Goldman for IPO Plans
The file-sharing company is working with Goldman Sachs to prepare documents for an IPO that could be filed as soon as this year.
Amazon Reminds Market That Dominating E-Commerce Has a Price
The company on Thursday forecast a potential quarterly loss for the first time in two years.
Bezos Surpasses Gates as World's Richest Ahead of Amazon Results
A surge in Inc. shares Thursday morning in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person.
Alphabet Falls on Concern About Rising Google Traffic Costs
The company’s costs are rising as it spends more to expand Google’s newer, fastest-growing advertising businesses.
Google CEO Joins Alphabet Board as Page, Brin Show Their Trust
Google’s Chief Executive Officer Sundar Pichai is getting another role: Alphabet board member.
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