FRANKFURT, March 3- Carmakers are tapping smartphone technology to spruce up low-cost city cars and try to get an edge in a market that has grown to account for almost 10 percent of new car sales in austerity-scarred Europe.» Read More
NEW YORK/ SEATTLE, Jan 30- Microsoft Corp is close to naming a new chief executive, most likely its cloud-computing head Satya Nadella, a source close to the matter said on Thursday, concluding a five-month long search for a heavy-hitter to lead the world's largest software company.
SEATTLE, Jan 30- Microsoft Corp's board is preparing to name internal executive Satya Nadella as the software company's next chief executive, Bloomberg reported on Thursday, citing unnamed sources it said were briefed on the CEO search process.
Microsoft will name Satya Nadella as its CEO, according to Bloomberg, following the tech giant's several-month long search for a new leader.
"We will be looking at policies on IT training, vendor access and vendor due diligence, and what information you have on any vendors," she added, in a presentation to a group of compliance professionals at SEC headquarters in Washington, D.C..
TOKYO, Jan 30- Nintendo Co Ltd President Satoru Iwata said on Thursday the company was sticking to its strategy centred on a combined hardware and software platform, which has come under criticism after the flagship Wii U console posted poor sales.
TOKYO, Jan 30- Nintendo Co Ltd President Satoru Iwata said on Thursday the company was sticking to its strategy centred on a combined hardware and software platform, which has come under criticism after the flagship Wii U console posted disappointing sales.
Jan 29- Cloud-computing software maker Citrix Systems Inc forecast current-quarter and 2014 earnings far below analysts' estimates, citing "uneven" closure of some contracts, and said its long-time CEO would retire next year. Citrix shares fell 5 percent in extended trading.
Jan 29- Citrix Systems Inc reported lower-than-expected quarterly revenue as sales of its cloud-computing software and licenses grew by less than 1 percent. Citrix shares dropped 4 percent in extended trading. Net income rose to $138.6 million, or 74 cents per share, in the fourth quarter ended Dec. 31, from $114 million, or 60 cents per share, a year earlier.
TORONTO, Jan 29- Canadian software company CGI Group Inc posted solid profit growth on the back of broad U.S. healthcare business strength on Wednesday, despite losing the contract to manage the U.S. healthcare enrollment website it helped build.
Jan 28- Virtualization software maker VMware Inc reported a slightly better-than-expected quarterly profit, helped by higher revenue from license sales. VMware reported on Tuesday unearned revenue of $4.09 billion as of Dec. 31, up from $3.46 billion in the year-earlier period and $3.64 billion in the third quarter.
SAN FRANCISCO, Jan 28- Video game publisher Electronic Arts Inc lowered its 2015 revenue forecast on Tuesday as the arrival of new Xbox and PlayStation 4 consoles is resulting in weaker sales of games for older consoles.
Jan 28- Virtualization software maker VMware Inc's quarterly profit came in slightly above analysts' average estimate, helped by higher revenue from license sales. Net income rose to $335 million, or 77 cents per share, in the fourth quarter, from $206 million, or 47 cents per share, a year earlier.
SAN FRANCISCO, Jan 28- Video game publisher Electronic Arts Inc reported higher profit for the third quarter on sales of games for the Xbox One and PlayStation 4 consoles and digital offerings. For the three months ended Dec. 31, the company posted non-GAAP revenue of $1.57 billion compared with $1.18 billion a year ago.
A week after selling its server business unit to Lenovo, IBM is now exploring the sale some of its networking assets and may be seeking as much as a $1 billion.
TOKYO, Jan 28- Nintendo Co Ltd, facing a third year of losses, is getting lots of unsolicited advice on how to squeeze more out of its Mario franchise and revive its fortunes after admitting that its Wii U game console has been a flop.
WASHINGTON, Jan 27- U.S. and British intelligence agencies have plotted ways to gather data from Angry Birds and other smartphone apps that leak users' personal information onto global networks, the New York Times reported on Monday.
NEW YORK, Jan 27- Genstar Capital LLC is exploring a sale of TravelClick Inc, a provider of online reservation systems to the hotel industry that could be valued at more than $800 million, according to four people familiar with the matter. San Francisco- based private equity firm Genstar has asked Evercore Partners Inc to run an auction.
JERUSALEM, Jan 27- Banking applications on Android phones are most vulnerable to cyber crime, the chief executive and co-founder of Russian anti-virus software maker Kaspersky Lab said on Monday. Eugene Kaspersky said 99 percent of mobile attacks are towards Android-based phones, since Apple has strict controls and does not allow third-party applications.
Jan 27- Chinese online game developer Shanda Games Ltd received a buyout offer from its controlling shareholders that values the company at $1.9 billion, highlighting the growing popularity of online gaming in China. Shanda Games shares were up 12 percent at $6.34 in morning trading on Monday. Shanda Games said its board was reviewing the offer.
David Gibson, Senior Analyst and Regional Head of Software & Services at Macquarie Research Japan, says Nintendo is unlikely to scrap its consoles and instead will focus on opening up its own platform for developers.
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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.
Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.