Industry News

Apple launched its video calling service, Google finally has an answer for FaceTime. On Tuesday, the search giant released Duo, its new video calling app, and I gave it a test run. Google designed Duo to be like FaceTime-- easy to use."/>
Google's new video chat app aims for Apple-like experience [Mercury News]
Apple Store is relocating on the Country Club Plaza and will be the first tenant to open in the new Plaza 211 building, formerly Halls Plaza. In an email, Apple said it plans a 10 a.m. opening Saturday at 227 Nichols Road. Apple officials couldn't be reached for comment, but Plaza officials confirmed the new Apple location."/>
BRIEF: Apple Store is first tenant for former Halls building on KC's Country Club Plaza [The Kansas City Star]
Shopify Inc. today announced that it has entered into an underwriting agreement with a syndicate of underwriters in connection with its previously announced marketed offering of Class A subordinate voting shares. The underwriters have agreed to purchase, at a price of US $38.25 per share, 5,000,000 Class A subordinate voting shares from Shopify, for gross proceeds to Shopify of US $191,250,000, and 2,500,000 Class A subordinate voting shares from entities..."/>
Shopify Prices US$286,875,000 Offering of Class A Subordinate Voting Shares
HP Inc.. Desktop combines industry standards with superb thermal management OMEN Laptop is VR-ready with latest NVIDIA ® graphics Accessories portfolio adds SteelSeries collaboration. HP Inc. today launched a new family of gaming products designed specifically for those who demand the ultimate, immersive gaming experience."/>
HP Inc. Unleashes Domination-Level Gaming With OMEN X
BRIEF: DAILY OIL PRICE: Aug. 16 [Odessa American, Texas]
Ruby Tuesday appear to be among the 95 restaurants closed by the Tennessee-based chain as it tries to become more profitable. Ruby Tuesday, which had 724 restaurants in May, said it is closing 95 "underperforming" restaurants across the country to strengthen its position in the casual dining industry. The announcement was made Thursday as the company issued its 2016 fiscal year earnings."/>
Ruby Tuesday is closing its South Portland and Biddeford restaurants [Portland Press Herald, Maine]
ParkerVision Inc. wireless and communications company released more troubling financial reports this week that saw the firm take another big loss. In the second quarter of this year's stock trading on Nasdaq, ParkerVision saw its year-over-year net loss nearly double. In filings with the U.S."/>
Jacksonville's ParkerVision reports new loss, legal battles drag on wireless company [The Florida Times-Union, Jacksonville]
Oracle products builds on 90% APAC region revenue growth and fast-growing base of 25 clients with South Korean operations. LAS VEGAS---- Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’ s Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’ s Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle..."/>
Rimini Street Expands APAC Investment to South Korea and Appoints IT Industry Veteran to Lead New Operations
QIWI plc, announced today that the record date for its recently declared dividend of 22 cents per share has been changed to August 29, 2016 from the previously announced date of August 17, 2016. The change assures the dividend record date is consistent with NASDAQ notice requirements. The dividend payment date has been changed to August 30, 2016 from the previously announced date of August 18, 2016 accordingly.."/>
QIWI Announces Change to Dividend Record Date
Nova Measuring Instruments, a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today announced that Eitan Oppenhaim, President and CEO, will attend two upcoming events in September:. Citi 2016 Global Technology Conference- the conference will be held on September 6-8, 2016, at the New York Hilton Midtown Hotel, New York City."/>
Nova Measuring Instruments to Participate in Investor Events in September
Quantum Corp. today announced that TBWA Australia, one of the country's top advertising and creative agencies, is using a Quantum storage solution powered by StorNext ® to streamline content sharing, keep content protected and available and reduce administrative overhead by hundreds of hours a year. "With growing demand for digital media production outpacing our existing storage systems, we needed a solution that could ensure data..."/>
TBWA Australia Increases Efficiency of Collaborative Workflow, Protects Media Content and Reduces Operational Costs With Quantum StorNext Storage Solution
KLA-Tencor Corporation introduced three advanced reticle inspection systems that address 10 nm and below mask technologies: the Teron™ 640, Teron™ SL655 and Reticle Decision Center. All three systems are key to enabling both current and next-generation mask designs, so that mask shops and IC fabs can more efficiently identify lithographically significant and severe yield-damaging defects. Utilizing innovative Dual Imaging..."/>
KLA-Tencor Announces New Suite of Reticle Inspection Technologies
Crossroads Systems, Inc. announced it will hold a conference call on Thursday, September 8, 2016 at 4:30 p.m. Eastern Time to discuss its fiscal third quarter results ended July 31, 2016. Financial results will be issued in a press release after close of market on the same day. Richard K. Coleman, Jr., President and CEO, and CFO Jennifer Crane will host the presentation followed by a question and answer period."/>
Crossroads Systems Sets Fiscal Third Quarter 2016 Conference Call for Thursday, September 8, 2016 at 4:30 p.m. ET
OSI Systems, Inc. today announced financial results for its fourth quarter and fiscal year ended June 30, 2016.. Deepak Chopra, OSI Systems’ President and CEO, stated,“ While our fourth quarter and full year operating results, in part, reflect the challenges of fiscal 2016, we are optimistic about our prospects for fiscal 2017."/>
OSI Systems Reports Fourth Quarter and Fiscal Year 2016 Financial Results
MeetMe, Inc., a public market leader for social discovery, today reiterated its financial guidance for the third quarter and full year of 2016 in response to recent volatility in the Company’ s share price and in anticipation of upcoming investor meetings. MeetMe Third Quarter 2016 Guidance. Revenue for the quarter is expected to be in the range of $17.0 million and $17.5 million, representing growth of between 19% and 22% year over year. Adjusted EBITDA for the..."/>
MeetMe Reiterates Third Quarter and Full Year 2016 Revenue and Adjusted EBITDA Guidance
Nuance Communications, Inc. today announced that it has closed the acquisition of TouchCommerce, a technology partner and leader in digital customer service and engagement solutions. Used by leading enterprises, TouchCommerce’ s customer engagement cloud platform increases eCommerce sales and improves the customer service..."/>
Nuance Closes Acquisition of TouchCommerce
Mphasis, a leading IT services and solutions provider, has been announced as CEO Connection' s 2016 CEO of the Year. The CEO Connection is focused on Mid-Market and their Awards honor the most deserving and prominent companies and leaders that are spearheading economic growth and social impact in the middle market. The CEO Connection Mid-Market Convention and..."/>
Mphasis' Ganesh Ayyar wins '2016 Mid-Market CEO of the Year' at the 2016 CEO Connection Mid-Market Convention
Allot Communications Ltd. appears to have caught the eye of George Soros's fund Soros Fund Management, which was reported yesterday to have taken a substantial stake in the company. A filing by Soros Fund management with the US Securities and Exchange Commission shows that, earlier this month, it became a party at interest in Allot with a holding of some 2.2..."/>
George Soros fund takes stake in Allot [Globes, Tel Aviv, Israel]

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