Flexcoin, a site that described itself as the "world's first bitcoin bank," has closed after it got hacked and all of the bitcoins it had placed in online storage were stolen, the site recently announced.
A major Oracle PeopleSoft ERP (enterprise resource planning) software project in California led by Accenture is running well over schedule and budget, according to the state's auditor.
After spending billions to acquire a series of marketing-related software companies, Oracle is now undergoing the process of creating a unified suite it can take to battle against competing offerings from the likes of Salesforce.com and Microsoft.
A federal judge has ruled that Rimini Street infringed copyrights on Oracle's PeopleSoft ERP (enterprise resource planning) software in the course of providing third-party support to customers, but decided in favor of Rimini on other points.
CIOs still have the last word over most IT spending but over time they will work more closely with business units on buying decisions, a Forrester Research survey finds.
A former network engineer at a West Virginia oil and gas company could face up to 10 years in federal prison after pleading guilty this week to sabotaging the company's systems so badly that its operations were affected for a month.
Modern business applications need a social network at their core and should be so easy to use that even a CEO can figure them out.
Public relations woes for Healthcare.gov contractor CGI continue to mount, as North Carolina has decided to terminate its contract with the systems integrator for a new tax-collection software system.
Tata Consultancy Services reported strong growth in revenue and profit in the fourth quarter, taking advantage of an improvement in key markets for offshore services like the U.S. and Europe.
Indian outsourcer Infosys saw its profit rise in the fourth quarter as a result of cost cutting and productivity improvement measures, including doing more work offshore in India.
The state of Florida has begun fining Deloitte US$15,000 per business day until the systems integrator finishes fixing a number of alleged bugs in an unemployment compensation software system it built.
Belgium's card payment network failed on Monday night, leaving millions of Belgians unable to pay at stores or to withdraw cash from ATMs and self-service terminals inside banks.
Building products manufacturer Quanex has stopped the rollout of an SAP ERP (enterprise resource planning) implementation, but due to a shift in corporate strategy rather than major problems with the software.
Google saw a sharp rise in the number of government requests to have users' content removed during the first half of this year, in many cases for political reasons, the company reported on Thursday.
Oracle's second-quarter revenue rose 2 percent to US$9.3 billion while net income dropped 1 percent to $2.6 billion, with new software license and cloud subscription revenue flat and hardware product revenue continuing a long slide.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.