TOKYO, April 21- In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo- based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy".» Read More
WEST DES MOINES, Iowa— Microsoft will begin construction on a new data center in West Des Moines, state and local officials announced Friday, bringing the company's total investment in Iowa to nearly $2 billion, the largest in the state to date.
April 17- Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.
Michaels Stores confirmed that there was a breach of certain systems that process payment cards at its stores and that of its unit, Aaron Brothers.
In addition to the cybersecurity failings, even the physical security in place to protect SEC data and equipment from being accessed or stolen is lax, a 25- page GAO report said, with workstations located in an area open to all agency staff.
NEW YORK— Two Chinese Internet companies, a sporting goods retailer and a travel software provider rose in their stock market debuts Thursday.
WASHINGTON— Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach retailer Target's computer systems last December.
SEOUL, April 18- Samsung Electronics Co said on Friday it would license its latest chip manufacturing technology to U.S. firm GlobalFoundries, a move that would help it expand production as it vies with bigger rival TSMC for orders from customers like Apple Inc.
CICERO, N.Y.— An Albany-based pharmaceutical company that's part of a $250 million economic development project in Buffalo is shutting down its Syracuse- area research center, eliminating 45 jobs. Albany Molecular Research Inc. announced Wednesday that it will close its 12- year-old facility in Cicero on July 15.
FRANKFURT, April 17- German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after reporting lower than expected first-quarter results. The currency has gained 2.3 percent on the U.S. dollar and nearly 6 percent against Japan's yen in the past six months.
TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co Ltd targets record revenue in the second quarter as more of the company's chips are installed in high-end smartphones to power increasingly complex features.
HONG KONG— As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper. Caught in the middle are companies like Linan Meite, which sells shipping-container loads of electronics cable to customers in Europe and North and South America.
*Q1 operating profit 919 mln euros, below poll of 961 mln. FRANKFURT, April 17- German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results.
Re/Code Senior Editor Arik Hesseldahl looks at pricing of new IPOs in the cloud space.
*First-quarter revenue falls 4 pct to $22.5 bln. April 16- IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.
SAN FRANCISCO, April 16- SanDisk Corp increased its outlook for gross margins in 2014 as fast-growing sales of its high-end solid-state drives helped offset volatile prices for memory chips.
April 16- IBM Corp reported its lowest quarterly revenue in five years as the company struggles with falling demand for its storage and server products. IBM reported revenue of $21.71 billion in March 2009.
April 16- International Business Machines Corp reported lower-than-expected quarterly revenue as the company struggles with falling demand for its storage and server products. IBM shares fell about 4 percent to $189 in after-hours trade.
NEW YORK— IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets. IBM Corp. said Wednesday that it earned $2.38 billion, or $2.29 per share, in the January-March period.
April 16- International Business Machines Corp reported lower-than-expected quarterly revenue as weakness in its storage and server businesses continues to offset gains in its software services. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.
Intel CEO Brian Krzanich tells CNBC's Jon Fortt that its enterprise business is showing signs of strength.