Aaron Levie, CEO of cloud storage company Box, says his business expects to be cash flow positive in 2017.
Lenovo Group said on Wednesday its third-quarter revenue fell 8 percent to $12.9 billion due to slower global PC demand and weaker smartphone sales.
Hard disk drive maker Western Digital is in advanced talks to acquire memory chipmaker SanDisk, people familiar with the matter said.
The acquisition of data storage company EMC will help Dell to stay relevant, says Wayne Kaufman, chief market analyst at Phoenix Financial Services.
"We're creating an unbelievable powerhouse of an enterprise company," Michael Dell tells CNBC.
Hard-disk maker Seagate Technology said it planned to cut 1,050 jobs, or 2 percent of its workforce, as part of a restructuring program.
Nutanix simplifies data centers by integrating servers and storage into one solution that can be up and running in an hour or less.
Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.
Seagate Technology's revenue forecast for the current quarter fell well short of analyst estimates, largely due to weakness in Europe.
SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.
Seagate Technology reported an 8.5 percent rise in revenue, helped by higher demand for its personal computer and cloud storage products.
Cisco CEO John Chambers shot down rumors Wednesday that his company was a possible buyer of computer storage company EMC.
Chipmaker SanDisk said it would buy flash storage device maker Fusion-io for about $1.1 billion.
Cloud storage company Dropbox recently corrected a bug that allowed potentially sensitive data to leak to the Internet at large, reported the BBC.
Hewlett-Packard reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
British police smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.
Mobile computing is bad news for the hard-drive business, Kynikos Associates founder Jim Chanos told the audience at the Ira Sohn investment conference Tuesday.
IDC report shows much greater declines in PC shipments than expected, but a long piece on the semiconductor industry by Barclays is also getting a lot of attention.
IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.
There’s little doubt Americans love their electronic devices. But questions remain over whether the affection for tablets and smartphones will ring up a happy holiday.