In today’s wrapup of technology and life science news:
- Microsoft says 14 million computers are running Windows 10
- SciQuest turns a profit
- Quintiles investors are selling $500 million in shares
- Google says “no” to right-to-be-forgotten in France
- LinkedIn shares tumble despite good quarterly results
- Microsoft says 14 million computers now running Windows 10
Microsoft says its’ new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as a free download.
That’s a far cry from the company’s goal of getting Windows 10 onto a billion devices within three years. Microsoft says it’s releasing the software in waves to make sure downloads go smoothly.
In a blog post late Thursday, Microsoft said it has not yet delivered Windows 10 to everyone who requested a free upgrade for computers running older Windows versions.Microsoft says the 14 million includes some copies installed on new computers sold in stores.
Reaction has been mostly favorable, with reviewers calling the new Windows an improvement over the last version, known as Windows 8.
- SciQuest turns a profit
Morrisville-based SciQuest reported a profit and income growth in its latest quarterly earnings on Thursday.
The e-procurement services firm said it signed a record number of new customers.
SciQuest income rose to $26.5 million from $25.3 million a year ago, and net earnings totaled $400,000 compared to a loss of $200,000 in the same 2014 quarter.
- Quintiles investors selling shares
Several Quintiles investors are selling shares – 7 million in fact worth some $500 million.
The shares were priced Friday morning at public of $77.85 each.
Sellers include Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation and Temasek Life Sciences Private Limited.
“Quintiles is not offering any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Shareholders in the offering,” the company said.
- Google rejects French order on world ‘right to be forgotten’
Google is rejecting an order by the French data privacy agency to remove search results worldwide upon request, saying European law allowing the ‘right to be forgotten’ doesn’t apply globally.
In a statement posted late Thursday, Google said bowing to CNIL’s request would force it also to agree to similar requests worldwide from any government that doesn’t agree with how the company posts content. “The Internet would only be as free as the world’s least free place,” the company wrote on its Europe policy blog.
Europe’s highest court ruled in May 2014 that people have the right to control what appears when their name is searched online. Google said it has received more than a quarter-million requests. In the statement, Google said it had asked CNIL to withdraw the order.
- LinkedIn 2Q caps rough week for social media stocks
It hasn’t been a good week for social media companies, not even for the usually reliable professional networking service LinkedIn Corp.
The company’s second-quarter results announced Thursday beat Wall Street’s expectations on all fronts, just as Facebook’s did on Wednesday and Twitter’s on Tuesday. But it’s the signs behind the headline numbers that seem to be worrying investors, enough for shares of all three companies to fall this week.
LinkedIn “did great this quarter,” said Gartner analyst Brian Blau, while noting that there is “some variability on their efforts quarter to quarter as they are in a very competitive market that is constantly innovating and changing.”
LinkedIn’s stock fell $17.44, or 7.7 percent, to $209.71 in after-hours trading. The stockfluctuated widely after the results came out as investors digested the earnings report. The stock increased at least 8 percent before settling lower.