Sept 2- Software maker Compuware Corp, under pressure from investors for more than a year over its poor performance, agreed to be taken private by investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.» Read More
NEW YORK— The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.
SAN JOSE, Calif.— A federal judge has rejected Apple's attempt to block the sale of several older Samsung smartphones that copied features in the iPhone. Wednesday's rebuff comes nearly four months after a jury awarded Apple Inc. $119 million in damages for Samsung's infringements on technology used in the trend-setting iPhone.
Aug 27- Workday Inc reported a better-than-expected 74 percent rise in quarterly revenue due to strong growth in subscription for its Web-based human resources and financial management software, and the company raised its full-year revenue forecast.
Aug 27- JPMorgan Chase& Co and at least one other bank were attacked by Russian hackers in mid-August and the FBI is investigating whether the assault was in retaliation for U.S.-government sponsored sanctions against the country, according to a report by Bloomberg News citing two unnamed sources.
WASHINGTON, Aug 26- Three firms involved in the troubled Obamacare website HealthCare.gov have seen their contract values exceed initial estimates by more than a quarter-billion dollars, including the lead IT contractor at the time of the site's botched rollout, government data shows.
Aug 26- Google Inc said it bought Zync Render, the visual effects cloud-rendering technology company behind "Star Trek Into Darkness". "Together Zync and Cloud Platform will offer studios the rendering performance and capacity they need, while helping them manage costs," Google product manager Belwadi Srikanth wrote in a blog, announcing the deal.
Aug 26- Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year.
WASHINGTON— Hewlett-Packard Company is recalling about 5.6 million notebook computer AC power cords in this country and another 446,700 in Canada because of possible overheating, which can pose a fire and burn hazard.
Aug 26- Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected revenue for the third straight quarter, as fewer people bought PCs and electronics, and those who did increasingly bought them online.
BEIJING, Aug 26- Industrial and Commercial Bank of China has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.
Aug 26- Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its stores as more people shop online.
RICHFIELD, Minn.— Best Buy's shares fell Tuesday after the nation's largest consumer electronics retailer reported a revenue shortfall in the second-quarter revenue, as people increasingly shop online. Best Buy said its second-quarter net income fell 45 percent from a year earlier, when it benefited from a $229 million legal settlement.
*Microsoft has been cooperating with investigation. BEIJING, Aug 26- Microsoft Corp's internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.
Microsoft has expressed willingness to cooperate with ongoing investigations, Zhang Mao, the head of the State Administration for Industry and Commerce, told reporters at a briefing in Beijing.
The company counts funds affiliated with Sequoia Capital, Charles River Ventures and General Catalyst Partners among its stockholders. Marketing software company Yodle Inc, backed by investors such as Draper Fisher Jurvetson, Bessemer Venture Partners and Jafco Technology Partners, also filed for an IPO in July.
NEW YORK— Amazon is hoping to become the ESPN of video games. The e-commerce giant is buying streaming platform Twitch Interactive for $970 million in cash as it seeks to take part in video gaming's growth as an online spectator sport.
Aug 25- Marketing software provider HubSpot Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock. The Cambridge, Massachusetts- based company listed Morgan Stanley, UBS and JP Morgan among the underwriters to the IPO.
CHICAGO, Aug 25- CME Group Inc, the world's largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday because of a technical issue resulting from planned software reconfigurations.
CHICAGO, Aug 25- CME Group Inc, the largest U.S. futures exchange operator, said on Monday that a technical issue resulting from planned software reconfigurations had caused its latest electronic trading outage. The reconfigurations were made over the weekend as part of "ongoing technology enhancement projects," CME said in a statement.
NEW YORK, Aug 25- A group of Wall Street banks plan to meet the U.S. Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks, people familiar with the matter told Reuters.