Netflix said a multi-year agreement with Dreamworks is its biggest deal ever for original first-run content and includes more than 300 hours of new programming.
BEDFORD, Mass.-- Progress Software Corp. is selling its Apama product to Software AG so that it can concentrate on cloud and mobile application development technologies. Progress' Chief Technology Officer and co-founder of Apama, John Bates, is expected to join Software AG and lead the Apama division.
DEERFIELD, Ill.-- Software maker Textura Corp. said Wednesday that its initial public offering of stock has closed and raised $86.3 million, as the banks managing the deal bought up extra shares. The company began trading Friday on the New York Stock Exchange under the symbol "TXTR." Shares dipped 2 cents to $20.79 Wednesday.
WILMINGTON, Del.-- A Chinese national who pleaded guilty to taking part in a $100 million international software piracy plot has been sentenced to 12 years in prison. Thirty-six-year-old Xiang Li of Chengdu, China, was sentenced Tuesday in federal court in Wilmington.
The U.S. Attorney's Office for the District of Delaware said businessman Xiang Li, 36, would be deported to China pending his release from prison. Li, of Chengdu, China, was arrested in June 2011, in an undercover sting by U.S. Department of Homeland Security agents on the Pacific island of Saipan, an American territory near Guam.
NEW YORK-- GE's health care business will invest $2 billion in software development over the next five years. GE Healthcare said Tuesday that it wants to improve the management of hospital operations, increase clinical effectiveness and optimize care. Shares of General Electric Co. lost 19 cents to $23.59 in midday trading.
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007..
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled new mobile software that it described as the most revolutionary overhaul of its operating system since the iPhone was introduced in 2007, sporting a revamped layout with fresh colors, new animation and more depth to its display.
SAN FRANCISCO, June 10- Apple Inc showed off a new line of Mac computers on Monday, including a sleek, cylindrical-shaped Mac Pro due later this year that will be assembled in the United States. Executives showed off the computer as Apple kicked off its annual conference for its developers, where it is also expected to unveil a new streaming-music service.
This marquee event for the video game sector, running from June 11 to 13, comes as the industry tries to cope with the rapid growth of online and mobile gaming and prepares for the launch of next-generation consoles from Microsoft Corp and Sony Corp. Here is a look at the industry and its major players.
Lincoln Chafee's office has investigated whether Rhode Island could refinance or reduce the debt it owes for its failed investment in Curt Schilling's video game company but remains convinced the state's best option is to pay up.
Among the earnings stories for Friday, June 7, from AP Business News:. _ Shares of Rally Software Development Corp. jumped after it reported a smaller fiscal first-quarter loss than the market anticipated and issued a better-than-expected forecast.
*Microsoft says Citadel Botnets stole $500 million. BOSTON, June 5- Microsoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one of the world's biggest cyber crime rings, believed to have stolen more than $500 million from bank accounts over the past 18 months.
The Fast Money traders share their final trades of the day.
Monday, 17 Jun 2013 | 5:50 PM ETScott London spoke to CNBC's Jane Wells about the KPMG insider trading scheme and how much he made in kickbacks. London says "nothing like this has ever happened before."
Monday, 17 Jun 2013 | 1:31 PM ET7-Eleven franchisees are charged with identity theft and money laundering, reports CNBC's Andrea Day. The 7-Eleven owners created a "modern-day plantation system" according to the U.S. Attorney.