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  • Covisint reports 4Q loss Wednesday, 20 May 2015 | 4:33 PM ET

    DETROIT _ Covisint Corp. on Wednesday reported a loss of $12.2 million in its fiscal fourth quarter. On a per-share basis, the Detroit- based company said it had a loss of 32 cents. For the year, the company reported that its loss widened to $38.6 million, or $1.01 per share.

  • Salesforce revenue jumps 23 pct Wednesday, 20 May 2015 | 4:14 PM ET

    May 20- Cloud software company Salesforce.com Inc, the subject of takeover speculation for the past few weeks, reported a 23 percent jump in quarterly revenue, helped by an increase in demand for its web-based sales and marketing software. The company reported net income of $4.1 million, or 1 cent per share, in the first quarter ended April 30, compared with a loss of...

  • CareFirst says data breach affects about 1.1M people Wednesday, 20 May 2015 | 4:11 PM ET

    They also didn't get access to Social Security numbers, medical claims, or credit cards, and the company said there is no evidence of other breaches. It provides health insurance and services to 3.4 million people in Maryland, Northern Virginia and Washington, D.C. The company is offering two years of free credit monitoring and identity theft protection to...

  • May 20- CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. Anthem Inc, the second-largest U.S. insurer, said early this year that the records of 80 million people were accessed by hackers.

  • WILMINGTON, Del.— A Delaware bankruptcy judge on Wednesday refused to reopen a disputed auction for the sale of RadioShack's intellectual property, including trademarks and data on some 67 million customers of the electronics retailer. While certain issues remain to be resolved, Shannon said he was prepared to approve the sale of the RadioShack brand and...

  • MANNHEIM, Germany, May 20- German software company SAP's chief executive once again ruled out any move to acquire Salesforce.com, then went further by saying that its richly valued rival is unlikely to be acquired by any other player in the industry. Microsoft, Oracle, IBM and SAP have all been touted as potentional buyers of Salesforce, which last month said it had...

  • Review: Curves and 'self-healing' in super-premium phones Wednesday, 20 May 2015 | 3:01 AM ET

    NEW YORK— For those not satisfied with just a premium phone, Samsung and LG are offering two models best described as the Lamborghinis of smartphones. You're already getting a lot with flagship phones from those two companies. For about $100 more, you can get a super-charged experience.

  • BEIJING, May 20- China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth. China ranked 82nd in the world for average Internet connection speed, slower than Malaysia, Thailand and Taiwan, according to cloud computing services provider...

  • SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...

  • WASHINGTON, May 19- The U.S. Federal Reserve Bank of St. Louis said hackers successfully attacked the bank last month, redirecting Web traffic but not compromising its website. Hackers manipulated the bank's routing settings on April 24 and redirected traffic to rogue websites they created to simulate the Fed's site, the bank said in a statement on Monday.

  • May 19- Call-center software company Genesys Telecommunications Laboratories Inc is in talks with potential buyers, the Wall Street Journal reported on Tuesday. The Daly City, Calif., company is in initial talks with private equity firms and technology companies for a deal that could value it at more than $3.5 billion including debt, the Journal reported,...

  • In its annual report to Congress, the Financial Stability Oversight Council said recent cyberattacks have heightened concerns about the potential of even more destructive attacks that could significantly disrupt the workings of the financial system. It is chaired by Treasury Secretary Jacob Lew and includes representatives from other government...

  • May 19- Autodesk Inc, which makes computer-aided design software, forecast lower-than-expected profit and revenue for the second quarter, citing a stronger dollar. Autodesk, which gets nearly two-thirds of its revenue from outside the Americas, projected currency rate fluctuations to hit revenue growth by 5 percentage points for the year ending Jan. 31.

  • Computer Sciences tops 4Q profit forecasts Tuesday, 19 May 2015 | 4:33 PM ET

    FALLS CHURCH, Va. _ Computer Sciences Corp. on Tuesday reported fiscal fourth-quarter net income of $9 million, after reporting a loss in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Computer Sciences expects full-year earnings in the range of $4.75 to $5.05 per...

  • CAD software maker Autodesk's profit falls Tuesday, 19 May 2015 | 4:14 PM ET

    May 19- Autodesk Inc, which makes computer-aided design software, reported a 32.5 percent fall in quarterly profit, hurt by an increase in operating expenses and cost of revenue. The company's net income fell to $19.1 million, or 8 cents per share, in the first quarter ended April 30, from $28.3 million, or 12 cents per share, a year earlier. Revenue increased to $646.5...

  • Take-Two Interactive Software's shares jumped Tuesday, as analysts saw staying power in the most recent version of the video game publisher's "Grand Theft Auto" series. The New York company launched a personal computer version of "Grand Theft Auto V" during its fiscal fourth quarter, and that exceeded expectations while the online portion of the game also did...

  • Apple updates MacBook Pro, cuts price on high-end iMac Tuesday, 19 May 2015 | 9:14 AM ET

    NEW YORK— Apple is introducing an updated MacBook Pro and iMac and lowering the price for its top-end iMac. The updated 15- inch MacBook Pro laptop has a new style of trackpad, faster flash storage and a longer battery life and starts at $1,999. The new $1,999 iMac desktop computer has a higher-resolution 27- inch screen and faster processor.

  • KARACHI, Pakistan— Pakistani federal investigators on Tuesday raided multiple offices of a software company after a report in The New York Times said it made millions of dollars marketing fake degrees worldwide, officials said. Shahid Hayat, director of the Federal Investigation Agency, confirmed that an investigation has been launched into the company.

  • May 18- Video game publisher Take-Two Interactive Software Inc, reported a better-than-expected quarterly profit, helped by strong sales of its "Grand Theft Auto V" and " NBA 2 K15" titles. Take-Two Interactive Software also increased its stock buyback plan to 10 million shares. Sales of the physical retail version of "Grand Theft Auto V" ranked among NPD Group's top...

  • A security researcher told federal agents he was able to hack into aircraft computer systems mid-flight numerous times through the in-flight entertainment systems, and at one point he caused a plane he was on to move sideways, according to an FBI agent's affidavit. The researcher, Chris Roberts, was questioned upon his arrival at the Syracuse, New York, airport...