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  • Perficient posts 4Q profit Thursday, 5 Mar 2015 | 8:45 AM ET

    ST. LOUIS _ Perficient Inc. on Thursday reported fourth-quarter net income of $6.4 million. The St. Louis- based company said it had profit of 19 cents per share. Perficient expects full-year earnings in the range of $1.38 to $1.49 per share, with revenue in the range of $470 million to $505 million.

  • Methode tops 3Q profit forecasts Thursday, 5 Mar 2015 | 6:48 AM ET

    CHICAGO _ Methode Electronics Inc. on Thursday reported fiscal third-quarter net income of $27.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Four analysts surveyed by Zacks expected $209.7 million.

  • BMW: We're not developing a car with Apple Thursday, 5 Mar 2015 | 5:59 AM ET

    German carmaker BMW said its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report.

  • FRANKFURT, March 5- German carmaker BMW said on Thursday its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report. Apple was impressed with BMW's carbon-fibre electric cars, the magazine said, citing a "high ranking BMW manager." Among the issues that needed to be resolved was whether BMW would allow Apple...

  • SEOUL, South Korea— A consumer survey showed the popularity of the iPhone 6 has driven Apple's market share in China to its highest ever while Samsung has continued to lose ground. Its latest consumer survey sheds more light on the smartphone market in China amid differing figures from market research companies about which manufacturer came out on top after...

  • BEIJING, March 5- China's Huawei Technologies Co Ltd and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market. The partnership, announced by Huawei in a statement, comes as U.S and other Western tech firms' scramble to burnish...

  • SAN FRANCISCO— Microsoft is attempting to break down the walls surrounding console gaming. Phil Spencer, head of the company's video game division, detailed Microsoft's plan for game makers to create universal apps that can run on both Xbox One consoles and PCs with Windows 10, as well as smartphones, tablets and other devices running the forthcoming version...

  • TOKYO, March 5- Loss-making Japanese electronics firm Sharp Corp meets its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • NEW YORK— Upscale hotel chain Mandarin Oriental says it is investigating a potential credit card breach at its hotels. Mandarin Oriental said it is coordinating with credit card agencies and forensic specialists. Mandarin Oriental operates hotels across the world including Paris, Shanghai, Hong Kong, London, New York, Miami, San Francisco, Prague, Boston, Las...

  • Alibaba opens data center in Silicon Valley Wednesday, 4 Mar 2015 | 5:42 PM ET

    NEW YORK— The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley. Aliyun, Alibaba's cloud-computing subsidiary, is opening the center to try to sell its data storage and other services to U.S. companies. In China, Aliyun has been offering commercial cloud services to...

  • DENVER— IBM announced the purchase of AlchemyAPI, a small Denver startup, on Wednesday as part of its effort to expand its Watson cognitive computing system. The move comes as Armonk, New York- based IBM is shifting away from hardware to focus on business analytics, cloud computing and mobile services. Last year, the company invested more than $1 billion in Watson,...

  • IBM buys AlchemyAPI to boost Watson computing unit Wednesday, 4 Mar 2015 | 7:30 AM ET

    SEATTLE, March 4- International Business Machines Corp said on Wednesday it had acquired AlchemyAPI, a fast-growing startup selling software that collects and analyzes unstructured text and data in ways big enterprises, website publishers and advertisers find useful. The purchase is designed to boost IBM's push into more human-like computing services,...

  • CHICAGO— A former software engineer for CME Group who pleaded guilty in 2012 to stealing source code to create a similar program in China won't spend any time in prison. Chunlai Yang of Libertyville was sentenced Tuesday to four years of probation for stealing software that underpinned the CME Group's Globex trading platform. Prosecutors said the 50-...

  • WASHINGTON— A House committee investigating the Benghazi, Libya, attacks issued subpoenas Wednesday for the emails of Hillary Rodham Clinton, who used a private account exclusively for official business when she was secretary of state— and also used a computer email server now traced back to her family's New York home. The development on Capitol Hill came the...

  • Apple, Android browsers vulnerable to 'FREAK attack' Tuesday, 3 Mar 2015 | 8:52 PM ET

    SAN FRANCISCO— Millions of people may have been left vulnerable to hackers while surfing the web on Apple and Google devices, thanks to a newly discovered security flaw known as "FREAK attack." University of Michigan computer scientist Zakir Durumeric said the vulnerability affects Apple web browsers and the browser built into Google's Android software, but...

  • Sony plans to launch virtual-reality headset in 2016 Tuesday, 3 Mar 2015 | 8:29 PM ET

    SAN FRANCISCO— Sony plans on putting its virtual-reality headset on consumers' noggins next year. Sony Corp. originally unveiled a prototype of the headset at last year's gathering of video game developers. The headset works in tandem with Sony's PlayStation 4 console and camera by covering users' vision and simulating virtual worlds on screen.

  • HANGZHOU, China, March 4- Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition. Alibaba's Aliyun cloud division intends the new data center to cater initially to Chinese companies with...

  • WIRELESS SHOW HIGHLIGHTS: Eyes on Apple, BlackBerry Tuesday, 3 Mar 2015 | 3:50 PM ET

    NEW YORK— As a major wireless show continues this week in Barcelona, Spain, Apple is highlighting the capabilities of its iPhone cameras with a gallery of photos taken by its users around the world. Apple Inc. isn't at the Mobile World Congress show this week, but is making its presence felt, as new phones are inevitably compared with iPhones. Here's a look at some of...

  • March 3- Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd for the first time since 2011, according to research firm Gartner. Apple sold 74,832 smartphones to end users worldwide, ahead of the 73,032 phones sold by Samsung, according to Gartner's report. Apple's smartphones sales jumped about 49...

  • March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, on Tuesday reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.. Chief Executive Officer Hubert Joly said on a conference call that Best Buy planned this year to start a cost-cutting effort to save $400...