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German software giant SAP raises dividend

German software giant SAP said on Friday it would pay a substantially increased dividend to shareholders for 2011, its 40th anniversary year, which was its best-ever in terms of profits.

dateFeb 24, 2012 in Business
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Oracle rejects $272M SAP award, demands new trial

Business software maker Oracle Corp. has turned down $272 million in court-ordered damages from SAP AG in hopes of leaving a much bigger dent in its rival's pocketbook and reputation during a second trial over allegations ...

dateFeb 07, 2012 in Business
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SAP to pay $3.4B for SuccessFactors

(AP) -- SAP said Saturday it is paying $3.4 billion to acquire SuccessFactors, a software company specializing in human resources tasks. It is the latest move in the escalating rivalry between SAP and Oracle Corp., and underscores ...

dateDec 04, 2011 in Business
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SAP profits up strongly in third quarter

German software giant SAP said Friday its profits more than doubled in the third quarter thanks to strong sales and lower legal costs related to litigation with arch-rival Oracle.

dateOct 14, 2011 in Business
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HP to name Meg Whitman as CEO

(AP) -- Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, forcing aside Leo Apotheker after just 11 months on the job.

dateSep 22, 2011 in Business
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Mulling Meg Whitman: HP considers CEO shakeup

(AP) -- As trial balloons go, Hewlett-Packard's not-so-secret handwringing -over whether to dump CEO Leo Apotheker and replace him with former eBay CEO Meg Whitman- was a success. Investors like the idea. News that the company's ...

dateSep 22, 2011 in Business
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