• Open Text profit boosted by cloud computing services Wednesday, 22 Oct 2014 | 4:17 PM ET

    Oct 22- Canadian business software maker Open Text Corp's quarterly profit more than doubled, driven by higher demand for its cloud computing services. Net income rose to $64.6 million, or 53 cents per share in the first quarter ended Sept. 30, from $30.6 million, or 26 cents per share, a year earlier. Revenue jumped 40 percent to $453.8 million.

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...

  • Apple's latest attempt to fix its Maps problem Wednesday, 22 Oct 2014 | 1:18 PM ET

    Apple is warming up to small businesses by enabling them to add and change information about their business in Apple Maps.

  • Oct 22- Data storage equipment maker EMC Corp cut its full-year profit and revenue forecast, hurt by lower bookings at its VMware Inc unit and a strong dollar. Shares of EMC, which is under pressure from activist investor Paul Singer's Elliott Management Corp to spin off VMware, fell as much as 4 percent in early trading. The unit, owned 80 percent by EMC, forecast...

  • Oct 22- Data storage equipment maker EMC Corp cut its full-year profit forecast as it joins other companies affected by a surge in dollar that crimps demand for U.S. exports and reduces the value of overseas sales when translated back into dollars. EMC's shares were down about 1 percent in premarket trading. EMC also cited the timing of its $3 billion share...

  • BOSTON, Oct 22- The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters. The products under review by the agency's Industrial Control Systems Cyber Emergency...

  • Oct 21- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter. VMware, which activist investor Elliott Management Corp wants separated from parent EMC Corp, makes software that creates a...

  • Oct 21- VMware Inc, bucking the trend of weak results from other software makers, reported a better-than-expected quarterly adjusted profit, helped by demand for its software that helps store data more efficiently and cut IT costs. VMware's shares were down 1.5 percent in after-market trade. Excluding items, VMware earned 87 cents per share in the third quarter...

  • Oct 20- International Business Machines Corp reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed down quarterly revenue. IBM shares fell nearly 7 percent to a three-year low, a blow for legendary investor Warren Buffett whose Berkshire...

  • *Dow recovers from IBM earnings miss. NEW YORK, Oct 20- A measure of global equity markets rose on Monday after strong U.S. corporate results lifted Wall Street, despite a quarterly earnings miss from IBM, building on positive sentiment that grew out of a surge in Japanese shares. On Wall Street, IBM shares closed down 7.1 percent at $169.10.


  • As millions swipe, moment of truth for Apple Pay Monday, 20 Oct 2014 | 4:09 PM ET
    Apple Pay on display.

    Forget cash, Apple is attempting to make credit cards as old-fashioned as VHS cassettes.

  • NEW YORK, Oct 20- U.S. "Both the Ebola scare and the expansion of ISIS have added jitters to the market and fear bids into the bond market," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York. "We feel the earliest is fourth quarter of next year when the Fed will take any action on rates," said Sean Simko, head of fixed-income...

  • *Portugal Telecom drops as Rioforte set for liquidation. *Nutreco, Adidas, Havas surge on M&A activity. EDINBURGH, Oct 20- European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technology shares.

  • *Tech sector weaker with Gemalto also sliding. *Nutreco, Adidas, Havas surge on M&A activity. Dutch tech firm Gemalto fell 3.2 percent after Barclays cut the stock to underweight from overweight, joining SAP as a top faller on the STOXX 600 Technology index, which was down 2.8 percent.

  • IBM CEO honored to have Buffett     Monday, 20 Oct 2014 | 10:17 AM ET

    IBM Chairman and CEO Ginni Rometty, discusses the company's efforts to create long-term shareholder value.

  • NEW YORK, Oct 20- U.S. Wall Street shares prices opened lower and European stocks declines on disappointing results from IBM and German business software maker SAP respectively. "It's a bit of a risk-off trade today, which is supportive of Treasuries," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York.

  • IBM CEO playing to win     Monday, 20 Oct 2014 | 10:14 AM ET

    Discussing the unique role IBM can play in the cloud industry, with IBM Chairman and CEO Ginni Rometty.

  • *Gold ticks up after two straight sessions of losses. LONDON, Oct 20- Gold snapped two days of losses to rise on Monday as renewed weakness in European stocks boosted interest in the metal as an alternative asset, though a tentative recovery in risk appetite in other markets limited its gains. "Gold sentiment I would say has moved from negative to neutral, but as long...

  • CEO breaks down IBM's miss     Monday, 20 Oct 2014 | 10:08 AM ET
    Ginni Rometty, CEO of IBM

    IBM Chairman and CEO Ginni Rometty, breaks down the quarterly earnings miss at the company, including for hardware and services sales.

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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

    Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.

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  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.