SanDisk's shares fell 5 percent in extended trading, after the company also reported lower-than-expected revenue for the third quarter. SanDisk, a supplier of memory chips for Apple Inc's iPhones, in June bought Fusion-io Inc, a solid-state storage products maker. SanDisk forecast revenue of $1.80 billion- $1.85 billion for the fourth quarter ending...» Read More
Cisco CEO John Chambers shot down rumors Wednesday that his company was a possible buyer of computer storage company EMC.
Aging technology giants are having a hard time staying relevant in today's post-PC world, and some are looking for deals to push growth. NYT reports.
*Promises more effective heat storage than current methods. NEGEV DESERT, Israel, Sept 22- An Israeli solar power company, Brenmiller Energy, says it has developed a new, more efficient way to store heat from the sun that could give a boost to the thermal solar power industry by enabling plants to run at full capacity night and day.
Aug 13- NetApp Inc reported better-than-expected first-quarter results as sales of its branded storage equipment rose, sending its shares up as much as 3 percent after the bell. NetApp's branded product revenue, which accounts for 91 percent of total revenue, rose 0.7 percent in the quarter ended July 25.
Aug 7- Stratasys Ltd reported better-than-expected quarterly results and raised its profit and revenue forecast for the year, driven by strong demand for its 3 D printers. Stratasys, which traditionally sold industrial printers worth $15,000- $750,000, bought MakerBot last year to offer printers starting at just over $1000.
BOSTON, July 31- USB devices such as keyboards, thumb-drives and mice can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed on Thursday.
BOSTON, July 31- USB devices such as mice, keyboards and thumb-drives can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed on Thursday.
BANGKOK, July 30- Thai factory output fell nearly twice as much as expected in June, the latest piece of data signaling that eased political tension is not yet generating a revival for the struggling economy. In June, factory output dropped 6.6 percent from a year earlier, the Industry Ministry said on Wednesday.
July 25- Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or 22 cents per share, for the quarter ended June 30, from $271 million, or 21 cents per share, a year earlier. Revenue fell to $5.29 billion from $5.39 billion a year earlier.
*Rocket Internet start-up enters self-storage market, starting in UK. *Self-storage incumbents include Safestore, Big Yellow, Lok'n Store. *UK self-storage market turnover 355 mln pounds last year.
Chipmaker SanDisk said it would buy flash storage device maker Fusion-io for about $1.1 billion.
June 16- SanDisk Corp is buying Fusion-io Inc for about $1.1 billion to add heft to its fast-growing business of providing flash storage drives to companies.
June 16- Chipmaker SanDisk Corp said it would buy flash storage device maker Fusion-io Inc for about $1.1 billion. SanDisk's offer of $11.25 per share represents a premium of 21 percent to Fusion-io's Friday close. Fusion-io's shares were trading at $11.35 before the bell on Monday.
LOS ANGELES, June 10- Nintendo Co Ltd offered the first glimpse at interactive figurines of Mario and other characters on Tuesday at video gaming expo E3, aiming to fire up sales of its two-year-old Wii U console, which have fallen far short of targets.
May 21- NetApp Inc forecast a current-quarter profit below market estimates after reporting a 4 percent fall in quarterly revenue, hurt by lower sales of data storage products. NetApp said it expects an adjusted profit of 53- 58 cents per share on revenue of $1.42- $1.52 billion for the first quarter.
May 9- 3 D printer maker Stratasys Ltd reported an adjusted quarterly profit that matched the average market estimate and stuck to its full-year forecast on Friday, disappointing investors who had expected better on both counts.
Cloud storage company Dropbox recently corrected a bug that allowed potentially sensitive data to leak to the Internet at large, reported the BBC.
April 30- Hard-disk drive maker Western Digital Corp reported a 4 percent fall in quarterly profit due to a decrease in sales to personal computer makers. The company's net income fell to $375 million, or $1.55 per share, in the third quarter ended March 28 from $391 million, or $1.60 per share, a year earlier. Excluding items, the company earned $1.94 per share.
Hewlett-Packard reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
British police smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.