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Oracle's 3Q earnings top analyst forecasts

Sales of new software licenses at Oracle accelerated in the latest quarter, easing concerns about customers defecting to less expensive alternatives on the Internet.

IBM buys 'cloud' computing company SoftLayer (Update)

IBM on Tuesday announced a deal to buy SoftLayer Technologies in a move aimed at ramping up its ability to offer businesses and governments computing services hosted in the Internet 'cloud.'

Amazon purchasing BuyVIP online sales club

Amazon announced on Thursday it is acquiring BuyVIP.com, a private online sales club with more than six million members in Austria, Germany, Italy, the Netherlands, Poland, Portugal and Spain.

Cisco to buy video tech company NDS for about $4B

(AP) -- Cisco Systems Inc. is buying digital video technology company NDS Group Ltd. for about $4 billion to enhance its video offerings to pay-TV providers and expand in emerging markets.

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