*Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...» Read More
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...
Built around a piece of software named Git, meaning a "foolish person," this version-control system has over 9 million users.
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.
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...
*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.
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...
SAN FRANCISCO, May 6- Human-resources software company Zenefits said it had raised $500 million in venture funding, giving it a valuation of $4.5 billion and confirming a drop in appetite among venture-backed companies for initial public offerings. Zenefits was founded just two years ago, making its trajectory to the " Unicorn Club" of start-ups valued at $1...
May 5- Shares of Salesforce.com Inc jumped as much as 6.4 percent on Tuesday after a Bloomberg report that Microsoft Corp was evaluating a bid for the cloud software provider. Microsoft shares closed down 1.3 percent at $47.60. Microsoft is evaluating a bid after Salesforce was approached by another potential buyer, Bloomberg reported, citing people with...
*Forecasts full-year adj profit $2.75/ shr vs est $2.64. May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL", posted better-than-expected quarterly earnings and revenue on Tuesday, helped by strong digital sales and the release of "Battlefield Hardline". EA forecast an adjusted profit of $2.75 per share for the year ending...
May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL," posted better-than-expected quarterly profit and revenue, helped by strong digital sales and the release of "Battlefield Hardline." Total revenue rose 5.5 percent to $1.19 billion for the fourth quarter ended March 31 from $1.12 billion a year earlier.
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.