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  • Currency probe drives bank demand for Big Brother software Wednesday, 16 Apr 2014 | 12:11 PM ET

    LONDON, April 16- "What's your interest in Bill and Ben in the pick?" A basic translation of that particular line of Cockney rhyming slang, originating in London's working class East End, would run something like: "Are you a buyer or a seller of dollar/yen at the daily benchmark rate-setting fix?

  • *Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.

  • AUCKLAND, April 16- Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.

  • VMware says to invest $500 mln in India over 3 years Wednesday, 16 Apr 2014 | 7:30 AM ET

    April 16- Virtualization software maker VMware Inc said it plans to invest $500 million in India over the next three years to expand its operations. India is VMware's second-largest operation after its headquarters in California, with offices in Bangalore and Pune. VMware shares closed at $102.22 on the New York Stock Exchange on Tuesday.

  • China gets first bitcoin ATM, skirting bank crackdown Wednesday, 16 Apr 2014 | 6:39 AM ET

    SHANGHAI, April 16- BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.

  • UPDATE 2-ASML cuts first-half sales forecast on weaker Q2 Wednesday, 16 Apr 2014 | 2:46 AM ET

    AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, cut its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers.

  • ASML sees lull in orders from computer chip makers Wednesday, 16 Apr 2014 | 2:34 AM ET

    AMSTERDAM— ASML Holding NV, the largest supplier of equipment to computer chip makers such as Intel and Samsung, says it sees only incremental sales gains in the coming two quarters. Without specifying which companies or products, ASML said chipmakers are "encountering timing uncertainties in next-generation device designs."

  • AMSTERDAM, April 16- ASML, the world's biggest manufacturer of tools for semiconductor chip makers, altered its sales forecast for the first half, saying it now expects to sell 3 billion euros worth of products including extreme ultraviolet systems.

  • SEOUL, April 16- Samsung Electronics Co Ltd's new Galaxy S5 smartphone should outsell its predecessor and defy predictions that the South Korean titan's latest model will struggle in a tough market for high-end handsets, a top executive said.

  • SAN FRANCISCO, April 15- Intel Corp's first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious goal to stake out market share in tablets was on track.

  • Wireless industry makes anti-theft commitment Tuesday, 15 Apr 2014 | 6:59 PM ET

    SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.

  • New York Attorney General Eric Schneiderman and San Francisco District Attorney, George Gascon welcomed the voluntary agreement but said it fell short of what they have advocated to prevent theft.

  • New CEO Nadella pushes data culture at Microsoft Tuesday, 15 Apr 2014 | 4:34 PM ET

    SAN FRANCISCO, April 15- Microsoft Corp needs a "data culture" to thrive in the new computing environment, according to Chief Executive Satya Nadella, in his third public appearance in three weeks putting his imprint on the software company.

  • Intel reports lower 1Q net income, higher revenue Tuesday, 15 Apr 2014 | 4:23 PM ET

    NEW YORK— Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services. Intel Corp. is the world's largest maker of microprocessors, which act as the "brains" of computers.

  • Why we're investing in health care IT: BlackBerry CEO Tuesday, 15 Apr 2014 | 1:23 PM ET
    John Chen

    CEO John Chen talks about BlackBerry's new health-care tech deal and how it plays into one of the company's core strategies.

  • NEW YORK, April 15- The abrupt firing of Symantec Corp Chief Executive Officer Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.

  • Review: Windows Phone advances with 8.1 update Tuesday, 15 Apr 2014 | 12:20 PM ET

    NEW YORK— Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Meanwhile, Windows Phone's lack of a central hub for checking notifications from Facebook and other services has been addressed with a new Action Center. The Windows store is getting better and has many popular apps such as Facebook and Netflix.

  • BlackBerry buys minority stake in healthcare IT firm Tuesday, 15 Apr 2014 | 8:00 AM ET

    Waterloo, Ontario- based BlackBerry, a pioneer in the smartphone industry, has fallen on hard times as its market share has waned in recent years.

  • *Infosys Q4 net profit at 29.9 bln rupees vs 28.1 bln estimates. *Infosys sees FY15 revenue growing 7-9 pct.

  • SAN FRANCISCO, April 14- Google Inc updated its terms of service on Monday, informing users that their incoming and outgoing emails are automatically analyzed by software to create targeted ads.

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Wednesday, 16 Apr 2014 | 9:37 AM ET

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Wednesday, 16 Apr 2014 | 7:50 AM ET

John Calipari, University of Kentucky basketball coach, discusses building "servant leadership" in his team, and the big business of college basketball.

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The "Squawk on the Street" news team break down Bank of America's Q1 earnings loss thanks largely to legal expenses related to the financial crisis.