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  • 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,...

  • Microsoft earnings report doesn't excite market Monday, 26 Jan 2015 | 4:21 PM ET

    SAN FRANCISCO— Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC. Revenue from cloud computing products, in which businesses pay...

  • Jan 26- Activist investor Elliott Management disclosed an 8 percent stake in enterprise software maker Informatica Corp in a filing on Monday and may push for the company to be sold, according to a person familiar with the matter. Informatica, which is based in Redwood City, California, competes in the middleware software space with Tibco, a company that went...

  • PARK CITY, Utah, Jan 26- Facebook Inc's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films and will show its first short movie at the Sundance Film Festival on Monday, the company said. Tapping talent from both Pixar, the animation studio behind computer graphics imagery films including "Toy Story" and " Monsters Inc,"...

  • Jan 26- Hard-drive maker Seagate Technology Plc reported quarterly revenue below analysts' estimates, hurt by lower demand for its products as shipments of personal computers fell. Seagate and rival Western Digital Corp are tapping into the growing demand for products that help store data in the cloud and reducing their dependence on personal computer hard...

  • HAVANA— Cut off from the Internet, young Cubans have quietly linked thousands of computers into a hidden network that stretches miles across Havana, letting them chat with friends, play games and download hit movies in a mini-replica of the online world that most can't access. Home Internet connections are banned for all but a handful of Cubans, and the...

  • Motorola unveils 3 smart phones for return to China Monday, 26 Jan 2015 | 5:34 AM ET

    BEIJING— Motorola unveiled three smartphone models on Monday for its return to China following a two-year absence from the most populous mobile phone market. Motorola was a mobile phone pioneer in China but pulled out in 2013 after its acquisition by Google Inc. Computer maker Lenovo Group bought Motorola last year as part of its effort to become a global...

  • WASHINGTON— Sheriffs are campaigning to pressure Google Inc. to turn off a feature on its Waze traffic software that warns drivers when police are nearby. Waze, which Google purchased for $966 million in 2013, is a combination of GPS navigation and social networking. They are seeking support among other law enforcement trade groups to pressure Google to...

  • European pension funds lobby Oracle on pay, governance Sunday, 25 Jan 2015 | 11:12 PM ET

    Jan 25- Two European pension funds have written a letter to Oracle Corp complaining about leading shareholder Larry Ellison's large influence over the U.S. business software company and urging it to allow outsider shareholders a greater say in the company's unpopular pay policies. In a letter addressed to the Oracle board that was seen by Reuters, the...

  • Jan 23- Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. Box's shares, which priced at $14, hit a high of $24.72 in morning trading on the New York Stock Exchange on Friday, valuing the...

  • Jan 23- Online data storage provider Box Inc's shares rose as much as 77 percent in their debut on Friday as investors shrugged off concerns about the company's ability to turn profitable in a highly competitive market. Box's shares opened at $20.20 and hit a high of $24.72 in early trading on Friday on the New York Stock Exchange, valuing the company at nearly $3...

  • Jan 23- Shares of online data storage provider Box Inc rose as much as 50 percent in their debut, valuing the company at about $2.51 billion. Box's shares opened at $20.20 and hit a high of $21.00 in early trading on Friday on the New York Stock Exchange. Box's shareholders include venture capital firms Draper Fisher Jurvetson and U.S. Venture Partners, and hedge...

  • Hands-on with Microsoft's hologram device Friday, 23 Jan 2015 | 3:00 AM ET

    REDMOND, Washington— Microsoft didn't use skydivers or stunt cyclists to introduce what it hopes will be the next big leap in computing technology. Microsoft unveiled HoloLens at its headquarters this week, on the same day the company touted its upcoming Windows 10 software release. Google's computerized eyewear, Glass, isn't technically a virtual-reality...

  • Jan 22- Starbucks Corp on Thursday said director Kevin Johnson would become its president and chief operating officer on March 1, replacing long-time executive Troy Alstead, who said he is taking an extended sabbatical to spend time with his family. Johnson, 54, has been a Starbucks board member since 2009. He was the chief executive of Juniper Networks Inc from...

  • BOSTON, Jan 20- Fidelity's $110 Billion Contrafund has trimmed a roughly $7 billion stake in Google Inc because of portfolio manager Will Danoff's view that the stock faces a potentially choppy market over the short term. Contrafund is the largest U.S. mutual fund investor in Google's stock, which had been its top holding. But Google shares, down 11 percent over...

  • Got Battery? Lots of low battery hacks but no quick fix Thursday, 22 Jan 2015 | 11:06 AM ET

    NEW YORK— At a cozy watering hole in Brooklyn's Bedford- Stuyvesant neighborhood, bartender Kathy Conway counted four different phone chargers behind the bar. Battery capacity has tripled since 1990, says K. M. Abraham, a professor at Northeastern University who researches batteries. Two billion mobile phones were shipped worldwide in 2014, 75 percent of...

  • Jan 22- British mobile banking software maker Monitise Plc has put itself up for sale, blaming changes in its business model for its third revenue warning in a year. Monitise, which switched to a subscription model from one based on licences last year, said it had hired Moelis& Co to conduct an "all encompassing" strategic review that included "corporate...

  • TEL AVIV, Jan 22- Israeli technology firms catering to the country's disabled war veterans are exploring ways to bring their innovations to the mass market with applications that make mobile phones easier to use. Israel, with its thriving start-up scene and large number of military veterans, is a natural incubator of technology for the disabled, some of which is...