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  • Jan 27- Canadian business-software maker Open Text Corp's quarterly revenue fell short of market expectations, hit by a strong U.S. dollar and weaker-than-expected revenue from its emerging markets business. U.S.-listed shares of Open Text, whose software helps companies manage documents and workflows, fell 11 percent in extended trading on Tuesday.

  • Jan 27- Electronic Arts Inc, publisher of the "FIFA" and "Madden NFL" video games, posted better-than-expected quarterly profit and revenue, helped by growth in digital revenue and strong sales of its sports titles. Consumers lapped up heavily discounted older generation version of consoles such as Microsoft's Xbox 360 and Sony's PlayStation 3 in the holiday...

  • Freescale Semiconductor posts 4Q profit Tuesday, 27 Jan 2015 | 5:10 PM ET

    HAMILTON, Bermuda _ Freescale Semiconductor Ltd. on Tuesday reported fourth-quarter net income of $63 million, after reporting a loss in the same period a year earlier. For the current quarter ending in March, Freescale Semiconductor said it expects revenue in the range of $1.14 billion to $1.19 billion. Freescale Semiconductor shares have risen slightly...

  • Jan 27- Virtualization software maker VMware Inc reported better-than-expected quarterly revenue and profit, on strong demand for its products that help cut the cost of moving data to the cloud. VMware, like rival Citrix Systems Inc, makes software that enables the creation of a virtual machine that act like a real computer with an operating system, helping...

  • The previously undisclosed vulnerability, dubbed "Ghost," is deemed critical because attackers could exploit it to covertly gain complete control of a targeted Linux system, according to cyber security firm Qualys, which uncovered the bug. To highlight the severity of the risk, researchers identified a way to craft malicious emails that could automatically...

  • VMware 4th-qtr revenue rises 15 pct Tuesday, 27 Jan 2015 | 4:30 PM ET

    Jan 27- Virtualization software maker VMware Inc reported a 14.8 percent rise in quarterly revenue on strong demand for its products that help cut the cost of moving data to the cloud. Revenue rose to $1.70 billion in the fourth quarter from $1.48 billion a year earlier, as income from both licenses and services rose. But net income fell to $326 million, or 75 cents...

  • Sony to cut 1,000 jobs in smartphone business - Nikkei Tuesday, 27 Jan 2015 | 2:28 PM ET

    Jan 27- Sony Corp plans to cut another 1,000 jobs in its smartphone division, mainly in Europe and China, the Nikkei business daily reported. The cuts are in addition to the 1,000 jobs Sony said it would eliminate in its mobile unit in October, the Nikkei said. Overall, Sony's mobile division workforce will shrink by about 30 percent to 5,000 by the end of the fiscal...

  • SAN FRANCISCO— Microsoft shares plunged more than 10 percent Tuesday after the software giant reported quarterly revenue that beat expectations but warned that a weak PC market and a strong dollar will curb growth this year. Microsoft showed promising signs of growth in new businesses, such as cloud computing, but Chief Financial Officer Amy Hood forecast...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Jan 27- Apple Inc has shipped the most number of smartphones in China in the fourth quarter, overtaking Samsung Electronics Co Ltd and homegrown companies such as Xiaomi for the first time, according to data firm Canalys. Apple's iPhone 6 and 6 Plus launched last September have proved to be popular in Asia despite being costlier than most handsets.

  • TRADE REPRESENTATIVE SAYS AIMS TO CONCLUDE INFORMATION TECHNOLOGY TRADE DEAL, AND ADVANCE TRADE DEAL WITH EUROPE IN 2015.

  • Facebook forms virtual-reality film studio Tuesday, 27 Jan 2015 | 9:33 AM ET
    Attendees wait in line to get into the Oculus stand, January 6, 2015 at the Consumer Electronics Show in Las Vegas, Nevada.

    Facebook's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films.

  • Microsoft earnings: Just a 'speed-bump'?  Tuesday, 27 Jan 2015 | 5:20 AM ET

    Daniel Ives, managing director at FBR Capital Markets, says that Microsoft is breaking the mould into a new area of cloud and mobile, which could impact them short-term.

  • FRANKFURT, Jan 27- Facebook, the world's largest social network, and its Instagram photo-sharing site, suffered temporary outages around the world for up to an hour on Tuesday and the company said later that an internal software networking error was to blame. The outage at Facebook appeared to spill over and temporarily slow or block traffic to other major...

  • SEATTLE, Jan 26- The main engine of Microsoft Corp's historic earnings power- selling Windows and Office to big businesses- is showing signs of waning, and investors are concerned that the shift to the cloud is not making up for the shortfall. The shift from the old model of selling software to companies to install on their own computers- charged as a license fee- to a...

  • SEATTLE, Jan 26- Microsoft Corp on Monday reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong U.S. dollar. "While currency is a headwind for Microsoft and other large international companies, we would...

  • Informatica shares closed $2.61 higher on Monday, up 6.8 percent, at $41.04 per share. Informatica, which is based in Redwood City, California, competes in the middleware software market with Tibco, a company that went private in September in a $4.3 billion sale to Vista Equity. It has pushed for changes or a sale at enterprise technology companies such as EMC Corp,...

  • SEATTLE, Jan 26- Microsoft Corp said on Monday fiscal second-quarter profit fell, in line with Wall Street's forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with unfavorable currency moves against the strong U.S. dollar. "While currency is a headwind for Microsoft and other large international...

  • SEATTLE, Jan 26- Microsoft Corp said on Monday fiscal second-quarter profit fell, as sluggish personal computer sales dampened demand for Windows software and the company had a one-time tax expense relating to an audit in the United States. The world's largest software company reported profit of $5.86 billion, or 71 cents per share, compared with $6.56 billion,...