Billionaire Co-Founder Calls Off Battle With Infosys’ Board

Billionaire Narayana Murthy is calling off his fight with the board of Infosys Ltd., saying he’s confident the IT giant he co-founded will deal with the concerns raised about corporate governance. The conciliatory comments came after an intense confrontation that pitted the board, Chairman R. Seshasayee and Chief Executive Officer Vishal Sikka against a clutch of high-profile co-founders led by Murthy.

Infosys Co-Founder Calls Off Battle With IT Giant’s Board

Infosys Ltd.’s co-founder and former chairman Narayana Murthy is calling off his fight with the board, saying the company will deal with the questions about corporate governance that have been raised. Murthy and several other billionaire founders of Infosys had posed questions about governance at Asia’s second-largest IT services company, citing a spike in compensation for Chief Executive Officer Vishal Sikka and severance pay for two departing top-level executives.

Why MicroStrategy Popped 15% in 2016

Cost cuts at the beginning of 2016, reported in the company’s 2015 fourth-quarter earnings release, sent the company’s stock price skyrocketing right out of the gate.Investors were pleased to see that MicroStrategy beat analysts’ revenue estimates, and produced a double-digit percentage increase in license and subscription revenue. But it was the cost-cutting measures the company implemented that boosted investor optimism, and brought earnings per share of $3.38, a 70% increase year-over-year.

Synchronoss Technologies Moves Forward After Intralinks Acquisition

The pitfall of quarterly reporting is that it tends to focus investor attention on short-term thinking. For Synchronoss Technologies , the boom in cloud computing is a long-term opportunity, and strategic moves like the company’s recent purchase of Intralinks are aimed at boosting Synchronoss’ prospects to capture more of the fast-growing market.

The 11 Biggest Video Games of 2017

This year will also play host to a packed lineup of triple-A software releases that will be competing for consumers’ attention and dollars. Click through the following presentation for a look at the 11 biggest video games set to hit retail in 2017.

S&P 500 Analyst Moves: FIS

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Fidelity National Information Services is now the #24 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component from each broker, and then ranking the 500 components by those average opinion values.

Progress Software Is a Small-Cap, Software Star With Big Potential

Looking for market-beating growth in a risky market? Cast your gaze toward Boston’s Route 128, the famed high-technology beltway that’s home to tech giants and a slew of entrepreneurial start-ups and small caps. Even as other sectors face mounting headwinds, and analysts call for a long-deferred market correction, this breed of innovator is positioning itself smartly for growth in 2017.

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Software corporation Oracle is asking the Federal Communications Commission to reconsider the sweeping broadband privacy rules passed earlier this year. Oracle, which spent years unsuccessfully attempting to prove that Google’s Android code infringes copyright, says the FCC’s recent order on privacy will give Google an unfair advantage against Internet service providers.

Oracle Petitions FCC To Reconsider Broadband Privacy Rules

Software corporation Oracle is asking the Federal Communications Commission to reconsider the sweeping broadband privacy rules passed earlier this year. Oracle, which spent years unsuccessfully attempting to prove that Google’s Android code infringes copyright, says the FCC’s recent order on privacy will give Google an unfair advantage against Internet service providers.