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SAP Backs Outlook as Profit Rises

SAP AG Wednesday reiterated its outlook for double-digit revenue growth in the full year as the world’s largest business-management software maker reported a 10 percent rise in net profit despite weak sales in North America and some European markets.

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Sony Projects Deeper Loss

Sony Corp. slashed its earnings outlook for the fourth time in less than a year, warning that it now expects a ¥520 billion ($6.4 billion) loss for the past fiscal year because of a tax-related charge from continued losses at the Japanese company’s U.S. operations.

Want to Organize Your Email? Go for High Thread Count, Not Folders.

It’s Clean Out Your Inbox Week! But hang on — you don’t necessarily want to go folder-crazy.
EmailTrash

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Microsoft: The $71 Billion Cloud Underdog

If I say “cloud computing,” what companies come to mind? Amazon’s Web Services? Google’s cloud-based collaboration tools, Google Apps? How about Microsoft?

Intel Slashes Sales Outlook by $1 Billion on Hard Drive Shortage

With PC sales suffering from the shortage of hard drives caused by flooding in Thailand, Intel slashes its sales expectations for the quarter.
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Activision Raises Outlook After Reporting Strong Call of Duty Preorders

Activision reported that an unprecedented level of preorders for its first-person shooter, Call of Duty, will help it annihilate previous expectations for the fourth quarter.
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As Skype Skips Through Approvals — What’s the Deal With the Deal?

As the deal officially closes, what’s next?
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Cisco Shares Climb as Analysts Give a Tentative Thumbs Up

Analysts are giving a cautious stamp of approval after Cisco Systems reset its growth expectations for the next three years. They also seem to like how Cisco has picked a fight with Juniper.
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Microsoft Offers Big Money to Nudge Resellers Into the Cloud

The software giant wants its resellers to start pushing the cloud on their customers, and today committed $5.8 billion in incentives and other enticements to do it.
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Texas Instruments Cuts Outlook, Citing Nokia

Semiconductor maker Texas Instruments Inc. reduced its expectations for the second quarter because of weaker demand from wireless customer Nokia Corp.

Record Earnings for Dell

Cisco Shareholders Scramble for Sick Bags