*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.» Read More
MOUNTAIN VIEW, Calif.— Symantec Corp. on Thursday reported fiscal fourth-quarter profit of $176 million. Ten analysts surveyed by Zacks expected $1.56 billion. For the current quarter ending in June, Symantec expects its per-share earnings to range from 41 cents to 44 cents.
May 14- Antivirus and security software maker Symantec Corp reported a 6.6 percent fall in quarterly revenue, hurt by a strong dollar and lower demand for its consumer security products. Net income attributable to the company fell to $176 million, or 25 cents per share, in the fourth quarter ended April 3, from $217 million, or 31 cents per share, a year ago.
As cybercrime soars, companies are in a war for IT talent to combat hackers. These two start-ups think they have the solution.
The auction for bankrupt electronic retailer RadioShack's name and customer data will resume, despite objections.
DUBAI, May 12- The cloud computing unit of Chinese e-commerce giant Alibaba Group Holding said it would establish a base in Dubai to seek business from companies and governments in the Middle East and North Africa. The deal may bolster Dubai's efforts to develop as a technology centre for the region, in addition to marking an expansion of Alibaba's cloud...
Phone-based customer service could soon improve, thanks to this company, whose aim is to provide a better, faster call-center experience.
This CRM company has recently expanded to provide salespeople with a mobile platform to help them proactively follow and close deals.
Nutanix simplifies data centers by integrating servers and storage into one solution that can be up and running in an hour or less.
Created by two members of the 'Facebook mafia', this startup wants to make sense of the Internet's mass of data, and democratize its power.
The FBI and CIA are clients of this secretive Silicon Valley firm that mines data for intelligence on cybercrime and fraud.
The brainchild of former National Security Agency agents, this company combines the best of human knowledge and tech to fight hackers.
Built around a piece of software named Git, meaning a "foolish person," this version-control system has over 9 million users.
ATLANTA _ Numerex Corp. on Monday reported a first-quarter loss of $620,000, after reporting a profit in the same period a year earlier. The Atlanta- based company said it had a loss of 3 cents per share. Numerex shares have decreased 7 percent since the beginning of the year.
May 11- Mindbody Inc, a maker of software to help run fitness and yoga studios, filed with U.S. regulators on Monday for an initial public offering of common stock. Morgan Stanley, Credit Suisse and UBS Investment Bank are among the underwriters to IPO, Mindbody said. The company has raised more than $100 million in funding, with backers such as W Capital Partners,...
Morgan Stanley, Credit Suisse and UBS Investment Bank are among the underwriters to IPO, Mindbody said.
May 11- Rackspace Hosting Inc's quarterly revenue fell below market estimates, hurt by a strong dollar, sending the web hosting company's shares down nearly 10 percent in extended trading. The company is facing tough price competition from Amazon.com Inc, Google Inc and Microsoft Corp for cloud services that includes online storage, processing power and...
LOS ANGELES— "The Witcher 3: Wild Hunt" isn't shying away from its name. The latest edition of the video game franchise based on Polish writer Andrzej Sapkowski's fantasy book series unflinchingly begins with a horse decapitation. "It's a medieval world," said Marcin Iwinski, co-founder and CEO of Warsaw, Poland- based CD Projekt RED.
*Zulily shares jumped 18.4 percent to $15.75 in premarket trading, after Alibaba bought a 9 percent stake in the online retailer. Alibaba was down marginally at $86.73. *Actavis rose 3.1 percent to $302 after the drugmaker's revenue jumped almost 60 percent, helped by higher sales of its branded drugs in North America.
OR YEHUDA, Israel _ Magic Software Enterprises Ltd. on Monday reported first-quarter net income of $4.3 million. Magic Software expects full-year revenue in the range of $166 million to $172 million. Magic Software shares have increased 14 percent since the beginning of the year.
TOKYO, May 7- Japanese videogame maker Nintendo Co Ltd on Thursday forecast annual operating profit to double in the year through March, with its entry into smartphone games widely expected to help make up for weak sales growth of its traditional consoles. Nintendo's latest Wii U console has been a distant third to Sony Corp's PlayStation and Microsoft Corp's...
Matt Hunter is the senior technology editor at 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.
9to5Mac senior editor, Mark Gurman, said Friday that Apple is trying to revive declining iPad sales with a new function.
Dueling Apple Watch estimates from well-known analysts will not sway Apple's stellar performance, said Roger McNamee.
This is how ADT plans on cementing its spot on the Internet of Everything space, its CEO said.
Mobile games have exploded recently but many gamemakers are struggling forcing them to look for new ways to engage users.
The "Internet of Everything" – the connection of people, process, data and things – could usher in a new era of growth in the Middle East.
An entrepreneur has launched a fund called Fuel.Ventures and is crowdfunding part of it with starting investments as low as £100.