computers

VMware stock soars 25% on reports Broadcom is considering its third software acquisition in four years

VMware stock soars 25% on reports Broadcom is considering its third software acquisition in four years

VMware Inc. shares rallied Monday as Wall Street echoed reports that Broadcom Inc. is looking for a triple in software acquisitions. VMware vmw Shares are up almost 25% to $119.43 on a market cap of $50.29 billion. Late Sunday, multiple news outlets reported that Broadcom AVGO was in talks to acquire enterprise cloud-computing software company …

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Warren Buffett's Berkshire Hathaway suffers a $30 billion hit on Apple

Warren Buffett’s Berkshire Hathaway suffers a $30 billion hit on Apple

text size Apple makes up 40% of Berkshire Hathaway’s stock portfolio. Johannes Eisele/AFP via Getty Images Warren Buffett loves Apple , but Berkshire Hathaway’s large stake in the iPhone maker hurts: Apple shares are down about 20% this quarter. Berkshire Hathaway (ticker: BRK.A, BRK.B) owned about 911 million Apple shares as of March 31, and …

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Warren Buffett's Berkshire Hathaway suffers a $30 billion hit on Apple

Warren Buffett’s Berkshire Hathaway suffers a $30 billion hit on Apple

text size Apple makes up 40% of Berkshire Hathaway’s stock portfolio. Johannes Eisele/AFP via Getty Images Warren Buffett loves Apple , but Berkshire Hathaway’s large stake in the iPhone maker hurts: Apple shares are down about 20% this quarter. Berkshire Hathaway (ticker: BRK.A, BRK.B) owned about 911 million Apple shares as of March 31, and …

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KKR invests in customer feedback software provider Alchemer

KKR invests in customer feedback software provider Alchemer

Private equity firm KKR & Co. on Wednesday took a majority stake in Alchemer LLC, a software provider that helps companies collect and analyze customer sentiment data. The terms of the deal were not disclosed. The 16-year-old company, formerly SurveyGizmo, helps companies collect and analyze customer and employee feedback. Among its 13,000 customers is Verizon …

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Unity Software loses $5 billion in market cap after Apple's changes result in 'self-inflicted wound'

Unity Software loses $5 billion in market cap after Apple’s changes result in ‘self-inflicted wound’

Unity Software Inc. executives thought they found a way to avoid the impact of changes in Apple Inc.’s mobile operating system. Turns out they were wrong and Wall Street punished Unity U, -35.80% Camp for Wednesday. Shares shed more than a third of their value, worth around $5 billion in market cap, and were heading …

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Apple and Amazon have fallen for 6 straight weeks.  There could be more pain.

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come.

text size People visit the Apple Store in Grand Central Station in New York. Michael M Santiago/Getty Images Apple and Amazon.com Entering the second week of May, stocks looked set to extend their six-week losing streak, the longest since the pandemic. In the last six weeks, Apple (Ticker: AAPL ) and Amazon ( AMZN ) …

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come. Read More »

Apple and Amazon have fallen for 6 straight weeks.  There could be more pain.

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come.

text size People visit the Apple Store in Grand Central Station in New York. Michael M Santiago/Getty Images Apple and Amazon.com Entering the second week of May, stocks looked set to extend their six-week losing streak, the longest since the pandemic. In the last six weeks, Apple (Ticker: AAPL ) and Amazon ( AMZN ) …

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come. Read More »

Apple and Amazon have fallen for 6 straight weeks.  There could be more pain.

Apple and Amazon have fallen for 6 straight weeks. There could be more pain.

text size People visit the Apple Store in Grand Central Station in New York. Michael M Santiago/Getty Images Apple and Amazon.com Entering the second week of May, stocks looked set to extend their six-week losing streak, the longest since the pandemic. In the last six weeks, Apple (Ticker: AAPL) and Amazon ( AMZN) are down …

Apple and Amazon have fallen for 6 straight weeks. There could be more pain. Read More »

Publicis Groupe acquires e-commerce software company Profitero

Publicis Groupe acquires e-commerce software company Profitero

The French advertising holding Publicis Groupe SA said it has acquired Profitero, an e-commerce software company that provides analytics for brands, as marketer-clients increasingly seek in-store services. Profitero provides digital commerce software and services for brands, including offerings that help customers compare prices to competitors, monitor product availability, and track customer ratings and reviews. The …

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