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  • Best Buy Co. raised its quarterly dividend 21 percent and plans to give shareholders an additional one-time payment after the nation's largest electronics chain reported a better-than-expected fourth-quarter profit. Best Buy will pay the special cash dividend and the increased regular quarterly payout on April 14 to shareholders of record at the close...

  • March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a better-than-expected quarterly profit, helped by improved sales of higher-margin products such as large-screen TVs and mobile phones during the holiday shopping season. The company's shares rose 4.6 percent at $40.40 in premarket trading, after Best Buy said it would buy back $1...

  • BARCELONA, Spain— BlackBerry may be launching four new smartphones over the coming year, but the struggling company is staking its future on becoming a giant in software. CEO John Chen said at the Mobile World Congress wireless show in Barcelona on Tuesday that since he took over a year and a half ago BlackBerry has undergone a "philosophical" shift away from...

  • BlackBerry unveils new mid-market Leap smartphone Tuesday, 3 Mar 2015 | 4:32 AM ET

    BARCELONA/ TORONTO, March 3- BlackBerry unveiled a new mid-market smartphone on Tuesday dubbed the BlackBerry Leap that is set to replace the Z3 device launched a year ago, in a move to woo buyers in certain emerging markets where BlackBerry still has a fairly large client base. The Waterloo, Ontario- based company said the phone, unveiled at the Mobile World...

  • Nasdaq 5,000: Bubble or not? Monday, 2 Mar 2015 | 11:26 PM ET

    The Nasdaq index has rallied to levels matching its dotcom boom glory days, spawning a CNBC smackdown over whether the bubble is back too.

  • TOKYO, March 3- Embattled Japanese electronics maker Sharp Corp is preparing to seek aid from its two main lenders, a source with direct knowledge of the matter said, in what would be its second bailout in three years despite extensive restructuring. Fierce competition from Apple Inc, Samsung Electronics Co as well as cheaper Chinese makers has hammered Japan's...

  • NEW YORK— High-end smartphones from Samsung and HTC have gotten much of the attention at this week's wireless show in Barcelona, Spain, but cheaper options are coming from Microsoft, Lenovo and others too. Meanwhile, Google and Facebook are working on giving people more ways to use those devices. Here's a look at what's been unveiled so far at the Mobile World...

  • March 2- Connecticut Attorney General George Jepsen's office said on Monday it has launched an investigation into Lenovo Group Ltd's sales of laptops preloaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyberattacks. The office said that Jepsen last week sent letters to Lenovo, the world's biggest personal...

  • Guidewire Software beats Street 2Q forecasts Monday, 2 Mar 2015 | 4:30 PM ET

    FOSTER CITY, Calif. _ Guidewire Software Inc. on Monday reported fiscal second-quarter net income of $4 million, after reporting a loss in the same period a year earlier. Analysts expected $86.1 million, according to Zacks. For the current quarter ending in April, Guidewire Software expects its results to range from a loss of 9 cents per share to a loss of 6 cents per...

  • Palo Alto reports 2Q loss Monday, 2 Mar 2015 | 4:24 PM ET

    SANTA CLARA, Calif. _ Palo Alto Networks Inc. on Monday reported a loss of $43 million in its fiscal second quarter. Analysts expected $203.4 million, according to Zacks. Analysts surveyed by Zacks had expected revenue of $209.8 million.

  • BOSTON, March 2- Connecticut Attorney General George Jepsen's office said on Monday it has launched an investigation into Lenovo Group Ltd's sales of laptops preloaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyberattacks. The office said that Jepsen last week sent letters to Lenovo, the world's biggest...

  • CONNECTICUT ATTORNEY GENERAL'S OFFICE SAYS HAS OPENED INVESTIGATION INTO LENOVO GROUP LOADING' SUPERFISH' SOFTWARE ON PCS.

  • SAN FRANCISCO— Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.. Aruba, based in Sunnyvale, California, makes Wi-Fi networking systems for shopping malls, corporate campuses, hotels and...

  • WASHINGTON, March 2- Twitter Inc and law enforcement authorities are investigating alleged threats made by Islamic State militants against the social media network's co-founder and other employees, the company said in reaction to media reports. Islamic State supporters, in online posts on Sunday, called for attacks against Twitter and its "interests,"...

  • Responding to a growing market in China for low-cost handsets often priced below $100, Intel announced plans for the chip, code named Sofia, in late 2013 at a meeting with investors. As well as smartphones, the Sofia chip fills a gap in Intel's lineup of chips for tablets. In a costly strategy that elevated Intel to the No 2 spot in tablet chip market share, Intel last...

  • DETROIT, March 2- Qualcomm Inc, a maker of smartphone chips and software, unveiled on Monday fourth-generation LTE modems that will enable cars to stay better-connected wirelessly to cloud-based services via the Web. Qualcomm's Snapdragon X12 and X5 modems are designed to be embedded in cars and work with owners' mobile devices to access a variety of Internet...

  • GENEVA, March 2- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...

  • *Key launch in fight to stay No.1 vs Apple. SEOUL/ BARCELONA, March 1- Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple Inc.. By some estimates, Apple surpassed Samsung as the world's biggest smartphone maker...

  • *Key launch in fight to stay No.1 vs Apple. SEOUL/ BARCELONA, March 1- Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim its throne as undisputed global smartphone leader from Apple Inc.. By some estimates, Apple surpassed Samsung as the world's biggest smartphone maker...

  • GENEVA, March 1- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...