CORAL SPRINGS, Florida, February 5, 2013 /PRNewswire/ --
Technology News Developments: Verizon (NYSE: VZ) is trading up slightly today on 2.6Million shares. Verizon's network has helped millions more Americans access preventative healthcare and made one of the largest recyclers in the nation more efficient. School buses outfitted with wireless connections helped students continue learning outside of the school walls and arrive home safely. Businesses kept the lights on and systems running thanks to reliable wireless emergency-backup options. And professional sports teams transformed their on-field and on-court operations using connected tablets. "Our technology and networks help to make people stronger by delivering powerful solutions for consumers and businesses," said Russ Preite, region president for Verizon Wireless.
GroveWare Technologies Ltd. (GROV) has moved forward in the process of acquiring the Department of Defense's Certification of Networthiness (CoN) for its flagship application, MobiTask™ and eXFORMA for use in the US Army. MobiTask™ is GroveWare's flagship software for mobile business process management (BPM) solution, designed to help organizations from paper-based processes to a wireless tablet. The Networthiness Certification program was designed by the DOD to manage risks associated with implementing Information Systems that use Information Technology infrastructures within any of the DOD's agencies. CoN is given after an assessment made based on security, reliability, supportability, sustainability, and interoperability with the organization's existing networks and IT infrastructure. The certificate is required for all external software that is deployed on any of the DOD's agencies including the U.S. Army. Stay informed on GroveWare Technologies developments by getting FREE news alerts & updates delivered directly to your mobile phone by texting GROV to 545454 from your cellular device.
Read the entire release at http://finance.yahoo.com/news/groveware-technologies-final-stage-acquiring-134500978.html
Salesforce.com (NYSE: CRM), the enterprise cloud computing company, today announced that its fiscal fourth quarter and full year 2013 results will be released on Thursday, February 28, 2013, after the close of the market. The company will host a conference call at 2:00 PM (PT) / 5:00 PM (ET) to discuss its financial results with the investment community. A live web broadcast of the event will be available on the salesforce.com Investor Relations website at http://www.salesforce.com/investor. salesforce.com is the enterprise cloud computing leader. Using salesforce.com's social and mobile cloud technologies, companies can connect with customers, partners and employees in entirely new ways.
Baidu, Inc. (NASDAQ: BIDU) beat earnings after the close on Monday but falling margins may have investors feeling downbeat on China's answer to Google. Baidu posted a profit of $448.7 million or $1.28 an American depositary share. Excluding stock-based compensation, earnings totaled $1.31. Analysts polled by Thomson Reuters expected earnings of $1.29. BIDU closed down at $107.20 per share on over 6.06Million shares on Monday and continued to slide in afterhours trading.
BlackBerry (NASDAQ: BBRY) shares made massive gains on the company's first day of trading under the "BBRY" ticker symbol, boosted by an analyst's upgrade. Fresh from last week's launch of the BlackBerry 10 operating system, new smartphones and a major corporate rebranding, BlackBerry shares climbed 15% to $14.93 at the market close Monday. Bernstein Research upgraded BlackBerry to "outperform" from "market perform" on Monday, citing low channel inventories, strong carrier support and pent-up demand for the BlackBerry 10 technology. The firm also hiked his BlackBerry price target to $22 from $12. GroveWare Technologies (GROV) is a BlackBerry Business Solutions Partner.
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