March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...» Read More
Finding the right hedge fund can be like dating. One start-up is trying to make it easier by matching investors with the hedge funds.
AUSTIN, Texas _ Upland Software Inc. on Thursday reported a loss of $2.7 million in its fourth quarter. Upland Software shares have fallen 21 percent since the beginning of the year. Keywords: Upland Software, Earnings Report.
For investors that can stomach the volatility, BlackBerry should be an attractive company in 2016, according to this analyst.
We aren't managing a legacy decline, says Jim Whitehurst, Red Hat CEO, discussing how the significant increase in cloud adoption is impacting the company's growth as companies move from older technology to open source software.
NEW YORK, March 25- Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging. Another trial between the two, involving a single Intellectual...
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported revenue and profit that beat estimates, as the company benefits from higher demand for open-source software and its cloud-based products. Shares of Red Hat, whose customers include Adobe Systems Inc and Verizon Communications Inc, rose 4.5 percent in...
RALEIGH, N.C.— Red Hat Inc. said Wednesday its net income grew in the fiscal fourth quarter as subscriptions increased, and shares of the open-source software company rose in late trading. Excluding one-time items, Red Hat said it earned 43 cents per share. Red Hat reported $405.1 million in subscription revenue for the three-month period that ended Feb. 28.
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported a 16 percent jump in quarterly revenue, as the company benefits from increasing adoption of open-source software and its cloud-based products. The company's net income rose to $47.7 million, or 26 cents per share, in the fourth quarter ended Feb. 28, from $45.1...
How much growth can Apple see in the next few years and has the easy money already been made? Brian Colello weighs in.
Missing content and download errors in Apple's App Store and iTunes were resolved on Wednesday, 9to5Mac reported.
MJ Freeway has carved a lucrative niche in the software business for pot retailers. It now has a booming business in 19 states.
Printer maker Lexmark International said it would buy customer management software maker Kofax for an enterprise value of about $1 billion.
March 24- Lexmark International Inc, known for its printers, said it would buy Kofax Ltd for about $1 billion to double the size of its enterprise software business. Lexmark's $11 per share cash offer represents a 46.7 percent premium to Kofax stock's Tuesday close of $7.50 on the Nasdaq. Goldman Sachs and Co is the financial adviser to Lexmark for the Kofax deal.
NEW YORK— Printer maker Lexmark International will buy software developer Kofax Ltd. for about $1 billion. Lexmark says the purchase nearly doubles the size of its enterprise software business, giving that unit about $700 million in annual revenue. Lexmark, based in Lexington, Kentucky, had $3.7 billion in adjusted revenue in its latest fiscal year, while Kofax...
March 24- Printer maker Lexmark International Inc said it would buy customer management software maker Kofax Ltd for an enterprise value of about $1 billion. The $11 per share cash offer represents a premium of 46.7 percent to Kofax's Tuesday close of $7.50. Lexmark said the deal will double the size of its enterprise software business.
Facebook wants to turn news content into native Facebook posts, according to The New York Times.
NEW YORK— Amazon.com' s video game streaming platform Twitch informed users that their accounts may have been hacked. E-commerce giant Amazon.com Inc. bought Twitch for $970 million in 2014 as part of a move to take part in video gaming's growth as an online spectator sport. Figures from July 2014, just before the Amazon buyout, show that Twitch users viewed more...
NEW YORK, March 23- Several major banks were hit on Monday with lawsuits filed by California- based analog circuits maker Maxim Integrated Products Inc alleging their smartphone banking apps infringe the company's patents. The complaints were filed against M&T Bank Corp and the U.S. affiliates of HSBC Holdings Plc and Banco Santander SA in federal court in...
Google wants to track television commercials the same way it tracks Web ads, and that's big news for the advertising industry.
EBay said it added two independent directors to its board ahead of the PayPal split.
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Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Consumers will buy into virtual reality when it offers a convincing sense of being in another place, Sony PlayStation's Rick Marks says.
Hulk Hogan and the WWE are hoping their biggest event of the year will boost the fledgling digital network.
CEO John Chen says he's happy with BlackBerry's performance now that it has posted a second-straight quarterly profit.