*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...
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.