Computers and Peripherals Computer Storage and Peripherals

  • PARIS— European police agency Europol says the threat from ransomware has now eclipsed other forms of online theft, a sign of how quickly the computer-scrambling software has found favor in the electronic underworld. Ransomware typically works by taking computers hostage, encrypting the files on victims' hard drives until they cough up the money demanded to...

  • Sept 15- Tesla Motors Inc said on Thursday it won a contract to provide a 20- megawatt energy storage system at a substation owned by California utility Southern California Edison Co.. The project will be located at the utility's Mira Loma substation in Ontario, California. Southern California officials were not immediately available for comment.

  • The acquisition is expected to add to HP's earnings in its full year after closing, the company said on Monday, adding that Samsung will invest $100 million to $300 million in HP through open market purchases once the deal is through.

  • Sept 9- Seagate Technology Plc has invited ValueAct Capital in as an investor, selling a roughly 4 percent stake to the activist hedge fund, which will also get a front-row view of its board meetings, the hard-drive maker said on Friday. "Seagate approached ValueAct to execute this transaction and become an investor in our company, given their commitment to and...

  • Sept 9- Seagate Technology Plc has sold a stake in itself to ValueAct Capital in a deal that also provides the activist hedge fund with a front-row view of its board meetings, the hard-drive maker said on Friday. ValueAct's recent investments include a $1.1 billion stake in investment bank Morgan Stanley, where the firm has not yet demanded a board seat or...

  • Sept 9- Seagate Technology Plc has sold a stake in itself to ValueAct Capital in a deal that also provides the activist hedge fund with a front-row view of its board meetings, the hard-drive maker said on Friday. The move came after the company asked ValueAct to buy into its stock, Seagate said. As part of the purchase, ValueAct will receive an "observer board" position...

  • *Samsung Group has been divesting from non-core businesses. Samsung Electronics and the broader Samsung Group have been divesting from or exiting non-core businesses as part of a broader restructuring process for South Korea's top family-run conglomerate under the stewardship of de facto leader Jay Y. Lee. Samsung Electronics in 2014 decided to end its LED...

  • SEOUL, Sept 9- South Korean tech giant Samsung Electronics is considering selling its printer business to HP Inc, in a deal which could fetch about 2 trillion won, Seoul Economic Daily reported on Friday. HP's office in Seoul could not be reached immediately for comment. Under the watch of Samsung Electronics Vice Chairman Jay Y. Lee, Samsung Group has exited...

  • A man passes a Hewlett Packard display at a technology conference in Chicago.

    HP Inc. reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks.

  • Aug 24- HP Inc, the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks. However, HP forecast current-quarter profit below analysts' estimates, reflecting weak sales of its printers as companies cut costs across industries. "The markets remaining challenging...

  • LONDON, July 22- The number of London Metal Exchange physical storage units continues to decline in tandem with falling registered stocks. As of July 8 there were 608 registered warehouses for the storage of base metals, down from 621 a year ago and from almost 700 in 2012 and 2013.. Total exchange-registered stocks have fallen to 3.6 million tonnes from over 7.5...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *Futures up: Dow 85 pts, S&P 11 pts, Nasdaq 25.25 pts. July 12- U.S. stock index futures were higher on Tuesday, a day after the S&P 500 hit a record high as investor optimism was propelled by a set of strong economic data. *The benchmark index, which came close several times this year to topping its May 2015 record, finally broke through on Monday to a new high of 2,143.16.

  • June 23- Xerox Corp said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, publicly listed entity. Its business process outsourcing operations will be held under " Conduent Inc," which will be led by Ashok Vemuri. Xerox, which announced the split in...

  • June 15- Chipmaker Cavium Inc said it would buy network equipment maker QLogic Corp for about $1.36 billion, as it looks to expand in the data center and storage market. Under the terms of the deal Cavium will offer $11 per share in cash and 0.098 of its stock, or about $15.50, for each QLogic share. San Jose, California- based Cavium said the deal, which has been approved...

  • *Manufacturers turn to sunny Australia as testing ground. MELBOURNE/ SYDNEY, June 3- When Frances Miao put solar panels on the rooftop of her three-storey home in the Sydney suburb of Hunters Hill, the emergency doctor planned to wait five years before spending more on battery storage. Energy giants such as Panasonic, Tesla and Samsung SDI are targetting...

  • *Q1 rev $1.37 bln vs est. EPS 82 cents vs est. "What is encouraging is that client SSD is doing well while the PC market is not doing very well," said Sterne Agee CRT analyst Douglas Freedman.