Information Technology


  • *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.

  • Amazon could be ESPN of video games in Twitch deal Monday, 25 Aug 2014 | 4:37 PM ET

    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.

  • Marketing software provider HubSpot files for IPO Monday, 25 Aug 2014 | 4:26 PM ET

    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.

  • LG bets on pricey OLED technology as future of TVs Monday, 25 Aug 2014 | 2:05 AM ET

    SEOUL, South Korea— LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology. The South Korean company said it will ship 65- inch OLED TVs starting September in South Korea, Europe and North America.

  • SHANGHAI, Aug 24- China could have a new homegrown operating system by October to take on imported rivals such as Microsoft Corp, Google Inc and Apple Inc, Xinhua news agency said on Sunday. China is now looking to help its domestic industry catch up with imported systems such as Microsoft's Windows and Google's mobile operating system Android.

  • Amazon developing ad software: Report Saturday, 23 Aug 2014 | 10:00 AM ET
    Amazon CEO Jeff Bezos.

    Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.

  • Aug 22- Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter.

  • BOSTON/ WASHINGTON, Aug 22- A cyber attack at a firm that performs background checks for U.S. government employees compromised data of at least 25,000 workers, including some undercover investigators, and that number could rise, agency officials said on Friday.

  • Gov't warns US retailers about hacking software Friday, 22 Aug 2014 | 5:37 PM ET

    WASHINGTON— More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. Earlier this month, United Parcel Service said it found infected computers in 51 stores.

  • Official says hackers hit up to 25,000 fed workers Friday, 22 Aug 2014 | 5:01 PM ET

    WASHINGTON— The internal records of as many as 25,000 Homeland Security Department employees were exposed during a recent computer break-in at a federal contractor that handles security clearances, an agency official said Friday.

  • BOSTON, Aug 22- A cyber attack at a company that performs background checks for the U.S. Department of Homeland Security compromised data of at least 25,000 government workers, and that number could rise, an agency official said on Friday.

  • Target hacker attacked more than 1K other US firms Friday, 22 Aug 2014 | 2:35 PM ET
    A customer uses a credit card scanner at a Target store in Miami.

    More than 1,000 US businesses were affected by the cyberattack that hit cash register systems at Target, Supervalu and most recently UPS Stores, NYT.

  • Dead floppy drive: Kenya recycles global e-waste Friday, 22 Aug 2014 | 11:41 AM ET

    MACHAKOS, Kenya— In an industrial area outside Kenya's capital city, workers in hard hats and white masks take shiny new power drills to computer parts. The clanking is rhythmic as the workers unscrew, detach and toss motherboards onto piles of gleaming circuitry at the East African Compliant Recycling facility.

  • Aug 22- Murata Electronics North America Inc said it would buy the rest of chipmaker Peregrine Semiconductor Corp it does not already own in an all-cash deal valued at $465 million. The offer price of $12.50 per share is at a premium of 62.5 percent to Peregrine's Thursday close of $7.69.

  • Salesforce said on Thursday it expects an adjusted profit of 50- 52 cents per share on revenue of $5.34- $5.37 billion for the year ending Jan. 31. It had previously forecast an adjusted profit of 49- 51 cents on revenue of $5.30- $5.34 billion.