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  • Oct 22- Canadian business software maker Open Text Corp's quarterly profit more than doubled, driven by demand for its cloud computing services. Open Text, whose customers include Oracle Corp and Microsoft, has focused on cloud as businesses increasingly turn to cheaper services hosted online over proprietary software. Open Text, known to make frequent...

  • Six Flags and Yahoo are big market movers Wednesday, 22 Oct 2014 | 4:26 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Six Flags Entertainment Corp., up $4.40 to $38.90. Unisys Corp., up $4.24 to $23.62.

  • Open Text profit boosted by cloud computing services Wednesday, 22 Oct 2014 | 4:17 PM ET

    Oct 22- Canadian business software maker Open Text Corp's quarterly profit more than doubled, driven by higher demand for its cloud computing services. Net income rose to $64.6 million, or 53 cents per share in the first quarter ended Sept. 30, from $30.6 million, or 26 cents per share, a year earlier. Revenue jumped 40 percent to $453.8 million.

  • Oct 22- One of the few remaining examples of Apple Inc's first pre-assembled computer, Apple -1, sold for $905,000 at an auction in New York on Wednesday, far outstripping expectations. The relic, which sparked a revolution in home computing, is thought to be one of the first batch of 50 Apple -1 machines assembled by Apple co-founder Steve Wozniak in Steve Job's...

  • Early Apple computer sells for $905,000 at auction Wednesday, 22 Oct 2014 | 3:43 PM ET

    Oct 22- One of the few remaining examples of Apple Inc's first pre-assembled computer, Apple -1, sold for $905,000 at an auction in New York on Wednesday, far outstripping expectations. The relic, which sparked a revolution in home computing, is thought to be one of the first batch of 50 Apple -1 machines assembled by Apple co-founder Steve Wozniak in Steve Job's...

  • Oct 22- Data storage equipment maker EMC Corp cut its full-year profit and revenue forecast, hurt by lower bookings at its VMware Inc unit and a strong dollar. Shares of EMC, which is under pressure from activist investor Paul Singer's Elliott Management Corp to spin off VMware, fell as much as 4 percent in early trading. The unit, owned 80 percent by EMC, forecast...

  • Expert says Detroit bankruptcy plan feasible Wednesday, 22 Oct 2014 | 9:18 AM ET

    DETROIT— Detroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet. Martha Kopacz, a Boston- based expert who has participated in hundreds of restructurings, expressed confidence that...

  • VCE, set up in 2009 as a one-stop shop for data centers, bundles Cisco's networking equipment and servers with EMC's storage gear and software from EMC's virtualization software unit VMware Inc.. Reports of EMC and Cisco encroaching on each other's turfs had sparked speculation that the partnership was fraying. "We view the Cisco/ VCE news as a' yawner' given that...

  • Oct 22- Data storage equipment maker EMC Corp cut its full-year profit forecast as it joins other companies affected by a surge in dollar that crimps demand for U.S. exports and reduces the value of overseas sales when translated back into dollars. EMC's shares were down about 1 percent in premarket trading. EMC also cited the timing of its $3 billion share...

  • INSIGHT-Big Tech winning battle with 'patent trolls' Wednesday, 22 Oct 2014 | 7:00 AM ET

    Oct 22- For two decades, companies that buy software patents to sue technology giants have been the scourge of Silicon Valley. Reviled as patent trolls, they have attacked everything from Google's online ads to Apple's iPhone features, sometimes winning hundreds of millions of dollars. NetApp, a Silicon Valley maker of sophisticated data storage devices, last...

  • BEIJING, Oct 22- Apple Inc Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government official in Beijing, the official Xinhua news agency reported. The meeting comes days after a Chinese web monitoring group published a report saying Apple users in China have been targeted in a sophisticated and widespread...

  • BOSTON, Oct 22- The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters. The products under review by the agency's Industrial Control Systems Cyber Emergency...

  • Review: Better cameras, less glare in iPad Air 2 Wednesday, 22 Oct 2014 | 12:18 AM ET

    CUPERTINO, Calif.— If I've seen you taking photos with a tablet computer, I've probably made fun of you. The tablets go on sale this week, starting at $499 for the iPad Air 2 and $399 for the iPad Mini 3. Both now have fingerprint ID technology to expedite online purchases through Apple Pay. Gold joins silver and grey as color choices, and pricier models have twice as much...

  • Review: Better cameras, less glare in iPad Air 2 Tuesday, 21 Oct 2014 | 9:01 PM ET

    CUPERTINO, Calif.— If I've seen you taking photos with a tablet computer, I've probably made fun of you. The tablets go on sale this week, starting at $499 for the iPad Air 2 and $399 for the iPad Mini 3. Both now have fingerprint ID technology to expedite online purchases through Apple Pay. Gold joins silver and grey as color choices, and pricier models have twice as much...

  • Apple issues security warning for iCloud Tuesday, 21 Oct 2014 | 7:52 PM ET

    SAN FRANCISCO— Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China. Apple's post did not mention China or provide any details on the attacks. Chinese activists blamed the attacks on that country's government,...

  • Oct 21- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter. VMware, which activist investor Elliott Management Corp wants separated from parent EMC Corp, makes software that creates a...

  • Super Micro beats Street 1Q forecasts Tuesday, 21 Oct 2014 | 5:36 PM ET

    SAN JOSE, Calif. _ Super Micro Computer Inc. on Tuesday reported earnings of $20.9 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Analysts expected $417.5 million, according to Zacks.

  • Unisys posts 3Q profit Tuesday, 21 Oct 2014 | 5:09 PM ET

    BLUE BELL, Pa. _ Unisys Corp. on Tuesday reported earnings of $47.8 million in its third quarter. The Blue Bell, Pennsylvania- based company said it had profit of 95 cents per share. Unisys shares have declined 42 percent since the beginning of the year.

  • Oct 21- VMware Inc, bucking the trend of weak results from other software makers, reported a better-than-expected quarterly adjusted profit, helped by demand for its software that helps store data more efficiently and cut IT costs. VMware's shares were down 1.5 percent in after-market trade. Excluding items, VMware earned 87 cents per share in the third quarter...

  • VMware 3rd-qtr adjusted profit beats estimates Tuesday, 21 Oct 2014 | 4:13 PM ET

    Oct 21- VMware Inc reported a better-than-expected adjusted profit for the third quarter, helped by higher demand for its software that lets computers to run multiple operating systems on the same machine. Excluding items, the company earned 87 cents per share, above the analysts' average estimate of 83 cents per share, according to Thomson Reuters I/B/E/S.