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  • US STOCKS-Futures edge higher after dollar rally subsides Wednesday, 27 May 2015 | 7:41 AM ET

    May 27- U.S. stock index futures were higher on Wednesday as the dollar retreated from its largest gain in two years and as worries about Greece receded. *Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week. *Michael Kors Holdings fell 11 percent to $53.92 after the...

  • KARACHI, Pakistan— A Pakistani judge ordered police Wednesday to hold and question the embattled CEO of a software company for a week on allegations he oversaw a global diploma mill, as broadcasters aired images of blank degrees stacked in his firm's offices. The judicial order marked the latest crisis for Shoaib Sheikh, the top official at Axact, a software...

  • *Forecasts Q2 rev $270 mln- $274 mln vs est $272.4 mln. May 26 (Reuters)- Human resource software company Workday Inc forecast current-quarter billings below market expectations and reported a bigger quarterly net loss due to higher spending on marketing and product development. That number fell below market research firm FactSet StreetAccount's estimate of...

  • SUPREME COURT SHOULD NOT HEAR GOOGLE INC APPEAL IN SOFTWARE COPYRIGHT CASE AGAINST ORACLE CORP- FILING.

  • May 26- Workday Inc's quarterly net loss widened by 3.6 percent as the human resource software company spent more on marketing and product development. The company, whose rivals include SAP SE and Oracle Corp, said net loss widened to $61.6 million, or 33 cents per share in the first quarter ended April 30, from $59.4 million, or 32 cents per share, a year earlier.

  • Workday slumps in late trading following 1Q results Tuesday, 26 May 2015 | 4:13 PM ET

    Analysts expected Workday to take a loss of 8 cents per share on $244.7 million in revenue, according to Zacks Investment Research. The Pleasanton, California- based company is forecasting $270 million to $274 million in revenue in the second quarter, and raised its full-year forecasts slightly, to a range of $1.13 billion to $1.15 billion in revenue.

  • MILAN, May 26- An Italian court on Tuesday banned unlicensed car-sharing services such as those offered by Uber, in another setback for the fast-growing U.S. car service whose smartphone app summons rides at the touch of a button. The court in Italy's business capital Milan said the Uber POP service, which links private drivers with passengers through an...

  • May 26- Data storage products maker EMC Corp said it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings. EMC has been looking to strengthen its cloud services offerings as it struggles with slowing sales growth in its main data storage products business. "With the addition of Virtustream, EMC will enable customers...

  • Italian court bans unlicensed taxi services like Uber Tuesday, 26 May 2015 | 9:14 AM ET

    MILAN, May 26- An Italian court on Tuesday banned unlicensed car-sharing services such as those offered by Uber, in another setback for the fast-growing U.S. car service whose smartphone app summons rides at the touch of a button. The court in Italy's business capital Milan said the Uber POP service, which links private drivers with passengers through an...

  • EMC to buy Virtustream for $1.2 bln in cash Tuesday, 26 May 2015 | 8:18 AM ET

    May 26- Data storage products maker EMC Corp said it would buy privately-held Virtustream for about $1.2 billion in cash. EMC said on Tuesday that Virtustream would form its new managed cloud services business. The deal, which is expected to close in the third quarter, is expected to add to EMC's revenue and profit in 2016, the company said.

  • *Shopify also debuts on Toronto Stock Exchange. *Stock priced at $17, above expected range of $14- $16. Shopify, which also debuted on the Toronto Stock Exchange on Thursday, is the first Canadian company to be listed on a U.S. exchange this year.

  • May 21- Shares of Shopify Inc, a Canadian e-commerce software maker, rose as much as 69 percent in their market debut on the New York Stock Exchange, valuing the company at $2.14 billion. Shopify, which also started trading on the Toronto Stock Exchange on Thursday, is the first Canadian company to be listed on a U.S. exchange this year. Shopify's initial public...

  • May 21- Shares of Shopify Inc, a Canadian e-commerce software maker, rose as much as 69 percent in their trading debut on the New York Stock Exchange, valuing the company at up to $2.14 billion. Ottawa- based Shopify, which also listed its shares on the Toronto Stock Exchange, sold all the 7.7 million shares in the offering. Morgan Stanley, Credit Suisse, Raymond James...

  • U.S. aims to limit exports of undisclosed software flaws Wednesday, 20 May 2015 | 8:53 PM ET

    SAN FRANCISCO, May 20- The U.S. Commerce Department proposed new export controls Wednesday that would treat unknown software flaws as potential weapons, a move aimed at reducing the security industry's aid to rival nations. But sales of zero-day and supporting capabilities would be barred without special license outside of the United States, United Kingdom,...

  • May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. "I think what investors will be very enthusiastic about tomorrow is how much margin upside there was," FBR Capital Markets analyst Samad Samana...

  • UPDATE 1-Salesforce raises full-year revenue forecast Wednesday, 20 May 2015 | 4:50 PM ET

    May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. Bloomberg reported last month that Salesforce had been approached by a potential buyer. SAP, along with Microsoft Corp, Oracle Corp and IBM,...

  • Salesforce revenue jumps 23 pct Wednesday, 20 May 2015 | 4:14 PM ET

    May 20- Cloud software company Salesforce.com Inc, the subject of takeover speculation for the past few weeks, reported a 23 percent jump in quarterly revenue, helped by an increase in demand for its web-based sales and marketing software. The company reported net income of $4.1 million, or 1 cent per share, in the first quarter ended April 30, compared with a loss of...

  • CareFirst says data breach affects about 1.1M people Wednesday, 20 May 2015 | 4:11 PM ET

    They also didn't get access to Social Security numbers, medical claims, or credit cards, and the company said there is no evidence of other breaches. It provides health insurance and services to 3.4 million people in Maryland, Northern Virginia and Washington, D.C. The company is offering two years of free credit monitoring and identity theft protection to...

  • MANNHEIM, Germany, May 20- German software company SAP's chief executive once again ruled out any move to acquire Salesforce.com, then went further by saying that its richly valued rival is unlikely to be acquired by any other player in the industry. Microsoft, Oracle, IBM and SAP have all been touted as potentional buyers of Salesforce, which last month said it had...

  • BEIJING, May 20- China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth. China ranked 82nd in the world for average Internet connection speed, slower than Malaysia, Thailand and Taiwan, according to cloud computing services provider...

 

  • Matt Hunter is the senior technology editor at CNBC.com.

  • Julia Boorstin

    Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt

    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.

Squawk Alley

Tech Transformers

Re/code

  • 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.

Re/code

  • 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.