Links 10/20/2014: SAP cuts forecast; IBM misses earnings (but Apple beats)

SAP Cuts Forecast as Cloud Shift Weighs on Profit (Bloomberg)

Transition to cloud forces SAP to slash earnings projections

SAP CEO McDermott Says Company Still Safe Bet in ‘Sea of Danger’ (Bloomberg)

IBM Shares Fall on Earnings Shortfall, Chip Unit Transfer (Re/code)

IBM CEO rejects split talk, cites 'clear strategy' (CNBC)

Microsoft CEO: In public cloud it’s go big or get the heck out (Gigaom)

Leahy asks Comcast to forswear Web ‘fast lanes’ (The Hill)

Square Encircled as Apple, PayPal Aim for Mobile Payments (Bloomberg)

Wharton’s New Dean Gets Down to Business (Wall Street Journal: At Work)

Two Financial Technology Stocks To Buy, Analyst Says (Investor's Business Daily)
Oaks-based SEI Investments is one, IBD says.

Sage completes £97m US payroll SaaS buy (CRN)
PayChoice of Mount Laurel.