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  • *Networks Q1 op. profit 85 mln euros vs 226 mln euros in poll. HELSINKI, April 30- Finland's Nokia, which is set to buy French rival Alcatel-Lucent, reported quarterly profits well below market forecasts at its main telecom network equipment business, sending its shares tumbling as much as 12 percent. "The networks business has performed well in the past two years, so...

  • Yahoo marks grand opening of New York data center Thursday, 30 Apr 2015 | 3:01 AM ET

    LOCKPORT, N.Y.— Yahoo is marking the opening of its second data center in upstate New York. Executives from the California- based technology giant will be in Lockport, in Niagara County, on Thursday to talk about and tour the new Customer Care Center of Excellence and Data Center. Yahoo announced plans for the project in 2013. The company opened its first data center...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts as it seeks to turn around its loss-making mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320...

  • Strategy Analytics declined to say how many handsets Samsung had shipped in China during the quarter, although it expected the South Korean company to return to the top three in the next one or two quarters following the launch of its flagship S6 and S6 edge models in April. It expects Apple to surpass Xiaomi to top the China market later this year on the strength...

  • SAN FRANCISCO, April 29- Microsoft Corp is targeting $20 billion in annual revenue from its cloud-computing businesses by the end of fiscal 2018, Chief Executive Satya Nadella said on Wednesday, signaling a tripling of such revenue in three years. Microsoft said last week that its total commercial cloud revenue, which includes online versions of its Office...

  • SAN FRANCISCO, April 29- Microsoft Corp is making it easier for apps written for rival Google Inc's Android and Apple Inc's iOS systems to work on Windows phones, in a bid to attract users to its unpopular mobile devices, the company's operating systems chief said on Wednesday. Microsoft has found itself in a circular trap, as many developers will not build apps for...

  • April 29- Tencent Holdings Ltd, the dominant social networking and online entertainment company in China, has agreed to buy 14.6 percent of mobile game developer Glu Mobile Inc for $126 million. Shares of Glu Mobile, which developed Deer Hunter and Kim Kardashian: Hollywood games, rose about 24 percent in extended trading on Wednesday. Tencent has been...

  • PTC Inc. beats Street 2Q forecasts Wednesday, 29 Apr 2015 | 5:15 PM ET

    NEEDHAM, Mass. _ PTC Inc. on Wednesday reported fiscal second-quarter profit of $5.4 million. For the current quarter ending in June, PTC Inc. expects its per-share earnings to range from 47 cents to 50 cents. PTC Inc. expects full-year earnings in the range of $2.18 to $2.30 per share, with revenue ranging from $1.28 billion to $1.3 billion.

  • April 29- Cloud software company Salesforce.com Inc is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter. They closed up 11.6 percent at $74.65, valuing the company at about $49 billion. There is no certainty any deal will transpire,...

  • SAN FRANCISCO— Investors are betting that business software service company Salesforce.com will be sold, with Oracle Corp. emerging as the early favorite to pull off a deal that could cost about $50 billion. The speculation, spurred by a Bloomberg News report, lifted Salesforce's stock by $7.76, or more than 11 percent, to close Wednesday at $74.65.

  • NEW YORK, April 29- A former Goldman Sachs computer programmer accused of stealing its trading code may yet see his criminal case come to an end after the judge on Wednesday removed two jurors after a conflict between the two marred deliberations. The 10 remaining jurors were expected to resume deliberations on Wednesday over whether Sergey Aleynikov broke...

  • Salesforce working to field takeover offers - Bloomberg Wednesday, 29 Apr 2015 | 3:05 PM ET

    April 29- Cloud software company Salesforce.com Inc is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter. There is no certainty any deal will transpire, Bloomberg said, without identifying the potential acquirer. Salesforce, which has a...

  • NEW YORK, April 29- The criminal case against a former Goldman Sachs computer programmer accused of stealing the investment bank's trading code may end in a mistrial after Wednesday's removal of two jurors whose conflict, including a charge of food poisoning, had marred the deliberations. Justice Daniel Conviser removed the jurors, a man and a woman, as their...

  • 'Destiny' video game creators seek to atone for missteps Wednesday, 29 Apr 2015 | 1:00 PM ET

    LOS ANGELES— The creators of "Destiny" are ready to unleash the wolves. "House of Wolves" will also aim to right several wrongs as developer Bungie, publisher Activision and the sci-fi shooter's Guardian protagonists look to the future. "The short answer is everything," said multiplayer design lead Lars Bakken.

  • Android apps are coming to Windows phones Wednesday, 29 Apr 2015 | 12:10 PM ET
    Microsoft's Windows Lumia 640 XL smartphone. Microsoft will allow Google's Android apps on its smartphone later this year.

    Microsoft set for "radical shift:" to allow apps from rival Google's Android system onto Windows phones later this year.

  • SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, two sources familiar with the matter said on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market. Microsoft is expected...

  • NEW YORK, April 29- The criminal case against a Goldman Sachs Group Inc computer programmer accused of stealing the investment bank's trading code may end in a mistrial after a juror told the presiding judge that a second juror tried to poison her food. The unusual allegations were made public on Wednesday in the New York State Supreme Court in Manhattan, as...

  • Microsoft to allow Android apps on Windows phones -sources Wednesday, 29 Apr 2015 | 11:16 AM ET

    SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, according to two sources familiar with the matter on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market.

  • Hacker claims to crack Master Lock combos under 2 minutes Wednesday, 29 Apr 2015 | 10:12 AM ET

    April 29- A hacker, known for unleashing a worm on the once-popular MySpace social network, said he has devised a technique to crack under two minutes any combination by Master Lock, a padlock company owned by Fortune Brands Home& Security Inc.. Samy Kamkar, best known for the 2005 "Samy" worm, posted a video on his Twitter page explaining the technique, which involves...

  • MOSCOW, April 29- Russia's second-biggest mobile phone operator Megafon confirmed guidance for flat revenues in 2015 although sales fell in the first quarter, hit by weaker demand for handsets and a one-off gain a year ago. Citing a challenging economy, Megafon also decided to split its payment of dividends with the larger part of the planned 40 billion rouble...