NEW YORK (
shares dropped 0.5% in pre-market trading Tuesday after its chief financial officer, Jeff Epstein, resigned and was replaced by the company's co-president, Safra Catz. This marks Catz' second run at CFO; she held the position for nearly three years starting in late 2005.
Oracle did not give any reason for the departure of Jeff Epstein, who joined the company in 2008.
said Tuesday it will
Android platform. The S-1 is a slate-style tablet with a 9.4-inch touchscreen display, while the S-2 opens and closes with two 5.5-inch touch-screen displays.
shares dropped 4.9% to $239.39 as investors reacted to the firm's
During the quarter, Netflix earned $60.2 million, or $1.11 a share on revenue of $719 million. Wall Street was calling for a profit of $1.03 a share on revenue of $703.6 million.
The company foresees second-quarter earnings coming in behind Wall Street's estimates, calling for a profit of 93 cents to $1.15 a share, while analysts predicted $1.19 a share.
said Monday it acquired mobile software maker
, which aims to make it easier for friends to chat about television shows they're watching. Financial terms of the deal weren't disclosed.
shares increased 0.4% in pre-market trading Tuesday after the e-commerce giant said it had resolved problems affecting its cloud-based data centers that caused major disruptions to Web sites over the weekend, including
. Amazon said Thursday it was experiencing "instance connectivity, latency and error rates" with one of its data centers in Virginia.
--Written by Olivia Oran in New York.
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