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Date: 2013-06-05
Technology News:
Company News:
Salesforce to pay $2.5 billion for ExactTarget in social marketing bet
US-EXACTTARGET-OFFER:Salesforce to pay $2.5 billion for ExactTarget in social marketing bet
By Sayantani Ghosh and Gerry Shih

SAN FRANCISCO (Reuters) - Salesforce.com Inc, the biggest maker of online sales software, will pay $2.5 billion for marketing software maker ExactTarget Inc in Chief Executive Marc Benioff's most significant bet to date on the social marketing business...


Airlines push new booking platform, IT firms wary
US-AIRLINES-IATA-SYSTEMS:Airlines push new booking platform, IT firms wary
CAPE TOWN (Reuters) - The airline industry is set to allow consumers to see more details of what they are booking using a new online reservation platform, a project that poses a threat to many travel technology firms working with older systems.

Almost two thirds of global tickets sales are...


Salesforce adds social marketing power with $2.5 billion ExactTarget deal
US-EXACTTARGET-OFFER:Salesforce adds social marketing power with $2.5 billion ExactTarget deal
By Sayantani Ghosh

(Reuters) - Salesforce.com Inc, the biggest maker of online sales management tools, said it would pay $2.5 billion for marketing software maker ExactTarget, which helps companies reach customers on social networks through mobile devices.

The acquisi...


Obama takes action to curb frivolous patent lawsuits
US-USA-OBAMA-PATENTS:Obama takes action to curb frivolous patent lawsuits
WASHINGTON (Reuters) - President Barack Obama took steps on Tuesday intended to limit frivolous patent lawsuits, a practice referred to as patent trolling.

Lawsuits brought by companies that do not make or sell anything but merely license patents and sue others for infringement have ball...


To revive Infosys, Murthy must revamp sales, culture
US-INDIA-INFOSYS:To revive Infosys, Murthy must revamp sales, culture
By Harichandan Arakali

BANGALORE (Reuters) - Narayana Murthy's success in turning around Indian IT services firm Infosys hinges on his ability to revive its sales efforts and shake up the conservative culture he helped create.

Eleven years after Murthy stepped dow...


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