NEW YORK— New Yorkers may soon be able to count calories burned and miles traveled while pedaling Citi Bikes, the popular bicycle-sharing program with a troubled history that is undergoing a major overhaul under new leadership. The new CEO of the Brooklyn- based company that owns Citi Bike says a revamped smartphone app will soon offer such detailed fitness...» Read More
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, 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.
Lockheed said the error involved the ground control system for GPS satellites it runs for the Air Force. Lockheed spokeswoman Christine Courard said the company had put a "workaround" in place to avoid further errors and was working on a full software correction with the Air Force. Air Force spokesman Andy Roake said the issue came to light in recent days, but...
Lockheed Martin Corp runs the GPS "ground control" segment, which enables Air Force officials to operate all GPS satellites, including the IIF satellites built by Boeing. The Air Force said the issue came to light in recent days, but a close examination of archived data showed the problem had gone unnoticed since 2013. It gave no details of the extent of the problem,...
The FAA has cleared Amazon drones for testing, but don't expect to see that package land in your backyard any time soon. Here's why.
FRANKFURT, March 20- SAP, Europe's largest software maker, said on Friday it expected the weak euro boost to operating profit growth by up to 14 percentage points, upping its forecast after the currency weakened further in recent weeks. A weak euro makes the German business software maker's products and services more competitive in markets outside Europe.
Apigee's filing on Friday comes nearly two months after the successful listing of online storage company Box Inc and a day after Web-hosting company GoDaddy Inc's proposed IPO valued it at up to $2.87 billion. Apigee, whose customers include AT&T Inc, eBay Inc and Adobe Systems Inc, acquired predictive analytics company InsightsOne in January last year.
March 20- Apigee Corp, a developer of software to manage Web applications, has filed with U.S. regulators for an initial public offering. The company set a nominal fundraising target of $86.3 million for the offering, according to the filing on Friday. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees.
Tesla shares were down Thursday after it announced a new "auto steering" feature, but these pros see great things ahead.
The former CIO of the General Services Administration will lead Box's efforts to lure government agencies to move to its cloud platform.
Despite Apple's stellar stock performance, it could add some volatility to Dow Jones industrial average.
BOSTON/ FRANKFURT, March 19- New bugs in the widely used encryption software known as OpenSSL were disclosed on Thursday, though experts say do not pose a serious threat like the "Heartbleed" vulnerability in the same technology that surfaced a year ago. There's been a week building up to this, "said Cris Thomas, a strategist with cybersecurity firm Tenable Network...
MICROSOFT TO OFFER FREE WINDOWS 10 UPGRADE TO CHINA USERS, EVEN IF USING PIRATED WINDOWS SOFTWARE.
March 17- Photoshop maker Adobe Systems Inc reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite and forecast a second-quarter profit that missed the average analyst estimate. The company forecast an adjusted profit of 41- 47 cents per share for the second quarter, below the average analyst estimate of 48 cents,...
March 17- Photoshop maker Adobe Systems Inc forecast a second-quarter profit that missed the average analyst estimate and reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite. The company's revenue forecast of $1.13 billion- $1.18 billion was also largely below the average analyst estimate of $1.18 billion.
SEATTLE, March 17- Oracle Corp posted flat third-quarter revenue and slightly lower profit as the U.S. dollar strengthened, but the business software maker on Tuesday raised its quarterly dividend 25 percent to 15 cents a share. Shares of Oracle, often a barometer for the technology sector, initially fell but quickly rose 3.3 percent in after-hours trading to...
*Sights set on corporate procurement, a $75 bln market, it says. HANOVER, Germany, March 17- Business software maker SAP is betting its development of online corporate purchasing services for its multinational customers can boost revenue and profits as it shifts its core business onto the cloud. Steve Singh, head of SAP's recently created Business Network...
After a year of controversy, the bitcoin market might have just got slightly more professional.
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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.
Activism will change over time, but investors expressing ideas and helping to create value is not a fad, Keith Meister said.
Brian White of Cantor Fitzgerald says that he wouldn't be surprised if Apple saw more watch additions sold in China than anywhere else.
Users almost universally hailed Apple's flagship wearable as a transformative moment in mobile tech. But do you need to run out and buy one? Maybe not.