NEW ORLEANS— Enticed to Louisiana by the state's generous tax incentives, a video game developer plans on opening a studio in New Orleans that will employ 80 people. Kerry Ganofsky, the company's CEO, said Wednesday that Louisiana's tax incentives were fundamental in the decision to open a studio in New Orleans. Bobby Jindal, who was on hand for the announcement,...» Read More
ALBUQUERQUE, N.M.— One of the "E.T." Atari game cartridges unearthed this year from a heap of garbage buried deep in the New Mexico desert has been added to the video game history collection at the Smithsonian. Museum specialist Drew Robarge made the announcement Monday in a blog post.
VIENNA, Dec 15- Austrian lighting group Zumtobel will increasingly focus on providing packages of services rather than just hardware, Chief Executive Ulrich Schumacher told magazine Trend. "We will develop increasingly in future into a software supplier, a kind of Google of the lighting industry," he was quoted as saying in an interview published on Monday.
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. SeaWorld Entertainment Inc., down 32 cents to $15.77. Esterline Technologies Corp., down $13.90 to $103.63.
Health care has been the most active field: Renaissance Capital says 346 companies have filed for IPOs in 2014, and 100 of those are in the health care industry. Shares of New Relic Inc. surged $10.94, or 47.6 percent, to $33.94. Open-source business software company Hortonworks Inc. raised $100 million, as the company expanded its offering to 6.3 million shares...
Shares of Hortonworks, a big-data company spun off from Yahoo, rose as much as 52 percent in their debut, valuing the company at up to $1 billion.
NEW YORK/ WASHINGTON, Dec 11- U.S. prosecutors, already smarting from a appeals court ruling that weakens their ability to crack down on future insider trading, on Thursday faced widening fallout from the decision as some existing cases threatened to unravel. Lawyers for some defendants hinted they might seek to withdraw guilty pleas, and a Manhattan federal...
SAN JOSE, Calif.— Adobe Systems Inc. reported fourth-quarter results that beat Wall Street expectations on Thursday, and said it will pay $800 million to buy stock image and video company Fotolia. Stock of the software maker known for Photoshop, Illustrator and Acrobat rose $4.52, or 6.5 percent, to $74.24 in aftermarket trading. Excluding one-time costs and...
"Do not reach for your phone when you are talking to police," stressed Melvin Oden-Orr, one of two Portland lawyers creating the app. The app is coming to market as protesters around the country keep attention on instances of deadly encounters with police in Ferguson, Missouri, and New York City. And last month, American Civil Liberties Union affiliates in four...
ST. LOUIS— Belden Inc. said Tuesday that it plans to acquire Tripwire Inc., a privately-held security software company based in Portland, Oregon, for $710 million in cash. The St. Louis- based communications equipment company said that the deal will help address cybersecurity issues for its customers. Shares of Belden increased $1.62 to close at $74.92 Tuesday.
Sikka also said he sees a positive growth environment in India, given the country's increasing adoption of digital technologies.
Walgreen is testing a new telemedicine service that lets patients see a doctor without leaving home or visiting any of the drugstore chain's clinics. The Deerfield, Illinois, company said Monday that patients in California or Michigan can now contact a physician around the clock through Walgreen's mobile application for smartphones or tablet computers.
*Maximum fine of 100,000 euros for violation of ban. THE HAGUE, Dec 8- Uber, the fast-growing online car sharing service, has been banned from taking bookings in the Netherlands via its smartphone app where it could face fines of up to 100,000 euros. Uber, which was been valued at around $40 billion ahead of a planned IPO, could be fined a total of 100,000 euros.
Pahala Mansury, CFO of Bank Mandiri, explains the impact of government regulations on the lender's business. Mahendra Negi, CFO of Trend Micro joins the discussion.
MANDIANT LETTER SAYS SONY ATTACK WAS' UNPRECEDENTED IN NATURE,' USED MALWARE THAT COULD NOT BE DETECTED BY ANTI-VIRUS SOFTWARE.
SAN MATEO, Calif.— Software provider Actuate has agreed to be purchased by Open Text for approximately $330 million to help enhance its product offerings. Actuate Corp. shareholders will receive $6.60 per share, an 89 percent premium to the San Mateo, California, company's Thursday closing stock price of $3.50. Canada's Open Text Corp. said that it will fund the...
BOSTON, Dec 4- Cybersecurity researchers have uncovered what they say is technical evidence linking the massive breach at Sony Corp's Hollywood studio with attacks in South Korea and the Middle East. Kaspersky researcher Kurt Baumgartner told Reuters there are "unusually striking similarities" related to the malicious software and techniques in the two...
BOULDER, Colo. _ Rally Software Development Corp. on Thursday reported a fiscal third-quarter loss of $7.4 million. For the current quarter ending in January, Rally Software expects its results to range from a loss of 26 cents per share to a loss of 23 cents per share. Rally Software expects full-year results to range from a loss of $1.05 per share to a loss of $1.02...
Ballmer stepped down from Microsoft's board in August to focus on his $2 billion purchase of the NBA's Los Angeles Clippers. Shareholders asked the new CEO, Satya Nadella, and other leaders, about Microsoft's efforts to help blind and disabled customers and about online security. Shareholders have been generally ecstatic this year as Microsoft's market...
MEXICO CITY, Dec 2- Uber Inc has signed a deal with billionaire Carlos Slim's America Movil to bring its app, which allows users to summon a car on their smartphones, to new customers in Latin America in a move it says could be a model for other regions. Starting on Tuesday, the Uber app will be promoted on millions of Android phones that use telecoms company America...
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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.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
The move to normalize relations with Cuba will strengthen the Castro "dictatorship," a former U.S. diplomat says.
The Florida Republican senator also says Congress won't support lifting the half-century embargo on Castro's Cuba.
Here's why the new BlackBerry, the Classic, "will further change how people think about BlackBerry," says CEO John Chen.