Optus has traced the cause of a mobile outage that impacted 220,000 customers earlier this week to a software update glitch that impaired one of its four nationally distributed subscriber databases.

IT stocks globally have been under pressure for months, due to fears of AI affecting future business growth. The latest crash in prices comes on the back of Anthropic rolling out new legal tools for ...

The selloff, partly sparked by AI developer Anthropic's updated chatbot release last week that heightened fears of AI-driven disruption in the data and professional services industry, broadened on ...

We are buying 10 shares of CrowdStrike at roughly $417. Following the trade, Jim Cramer's Charitable Trust will own 255 shares of CRWD, increasing its weighting to about 2.75% from 2.6%. Software ...

Apollo Global Management’s John Zito left the audience of investors stunned. Addressing a gathering in Toronto last fall, he said that the real threat for private capital markets wasn’t tariffs, ...

WALTHAM, Mass. - Rocket Software announced Monday it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ:OTEX) (TSX:OTEX). According to InvestingPro ...

WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the ...

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OpenText Corp. says it is selling its analytics database Vertica to Rocket Software Inc. for US$150 million. Waterloo, Ont.-based OpenText says the sale includes Vertica's software, customer contracts ...

Company sells second non-core asset in five months after dropping CEO in August. OpenText has inked its second business unit sale within five months, this time selling off its analytics business ...

Editor’s note: This article was updated on February 5th. These are anxious times for software bosses. Not long ago they were sitting pretty thanks to juicy margins and a widespread belief that, as one ...