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  • Autodesk revenue rises on higher software sales Thursday, 20 Nov 2014 | 4:28 PM ET

    Nov 19- Autodesk Inc reported an 11 percent rise in quarterly revenue, helped by higher sales of its computer-aided design software. Net income fell to $10.7 million, or 5 cents per share, in the third quarter ended Oct. 31, from $57.6 million, or 25 cents per share, a year earlier. Revenue rose to $618 million from $555.2 million.

  • Splunk's revenue jumps 48 pct on customer additions Thursday, 20 Nov 2014 | 4:09 PM ET

    Nov 20- Data analytics software maker Splunk Inc reported a 48 percent jump in quarterly revenue as it added more customers. The net loss attributable to Splunk widened to $48.6 million, or 40 cents per share, from $16.6 million, or 16 cents per share, a year earlier. Revenue rose to $116 million from $78.6 million.

  • Mobile still a struggle for Intel; PC doing better Thursday, 20 Nov 2014 | 3:03 PM ET

    SANTA CLARA, Calif.— Chip-making giant Intel Corp. is still struggling to catch up in mobile computing but says its personal computer business is performing better than expected and its return to revenue growth this year will continue into 2015.. "We were too slow in the past," CEO Brian Krzanich told analysts Thursday at Intel's annual financial conference.

  • LONDON, Nov 20- Square, a mobile payments firm founded by Jack Dorsey, one of the creators of Twitter, is rolling out software worldwide that allows businesses to track sales, inventories and other data on smartphones and tablets. Square Register, which is available on Google's Android and on Apple platforms, is a mobile application that shops and other business...

  • Why retailers are wrong on Apple Pay Thursday, 20 Nov 2014 | 11:53 AM ET
    Apple Pay on display.

    If retailers succeed in shutting down Apple Pay, it could have some serious implications for consumers.

  • UPDATE 1-Best Buy profit beats estimates as costs fall Thursday, 20 Nov 2014 | 8:18 AM ET

    Nov 20- Best Buy Co Inc, the largest U.S. consumer electronics retailer, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline. Best Buy shares were up nearly 10 percent in heavy trading before markets opened. Best Buy has removed layers of management, cut jobs, shut stores and boosted cash reserves...

  • Best Buy 3Q sales surprise bodes well for holiday Thursday, 20 Nov 2014 | 8:15 AM ET

    NEW YORK— Best Buy's third-quarter sales gain is a positive sign for the electronics retailer as the holiday season kicks off. Both revenue and earnings per share beat expectations, and Best Buy stock rose almost 8 percent in midday trading. Best Buy plans to offer more gifts under $100 but be disciplined about markdowns and promotions, which helps protect...

  • Human rights groups release anti-surveillance tool Thursday, 20 Nov 2014 | 5:22 AM ET

    Amnesty International says the tool released Thursday, called Detekt, is designed for right activists and journalists but will be freely available to anybody who fears their computer is being used to monitor them. Developer Claudio Guarnieri, a security researcher based in Germany, says Detekt can currently find eight different pieces of spy software,...

  • Cleveland preps for fastest Internet available Thursday, 20 Nov 2014 | 2:16 AM ET

    CLEVELAND— Sometime next year, Cleveland will become the first city in the country to offer commercial Internet service at 100 gigabits per second, city and local officials said. An announcement about the project is scheduled for Friday in Cleveland. Those involved in the project acknowledge there's currently not much demand in Cleveland for speeds of 100...

  • Nov 20- Indian outsourcing major Infosys Ltd's back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday. Infosys, India's second-largest IT services exporter, said on Tuesday it had fired Abraham Mathews, chief financial officer of its Infosys BPO unit, for failure to comply with the...

  • Nov 19- Cloud software company Salesforce.com Inc forecast revenue for the current quarter and full year 2016 that fell short of market expectations, hurt by a strong dollar. The world's biggest maker of online sales software said it expected revenue of $6.45 billion to $6.5 billion for the year ending January 2016, missing analysts' average estimate of $6.66...

  • Utah lawmaker questions city water going to NSA Wednesday, 19 Nov 2014 | 6:05 PM ET

    SALT LAKE CITY— A Utah lawmaker concerned about government spying on its citizens is questioning whether city water service should be cut off to a massive National Security Agency data storage facility outside Salt Lake City. Marc Roberts, of Santaquin, said there are serious questions about privacy and surveillance surrounding the center, and several Utah...

  • Salesforce Q4 revenue forecast misses estimates Wednesday, 19 Nov 2014 | 4:34 PM ET

    Nov 19- Cloud software company Salesforce.com Inc forecast current-quarter revenue that fell short of market expectations, pushing its shares down 4 percent in extended trading. The company said it expected revenue of about $1.44 billion for the quarter ending Jan. 31, missing the average analyst estimate of $1.45 billion. Net loss narrowed to $38.9 million,...

  • Apple to offer Beats music service in iPhone, iPad - FT Wednesday, 19 Nov 2014 | 3:09 PM ET

    Nov 19- Apple Inc will bundle the subscription music service it bought from Beats into its iOS operating system early next year, the Financial Times reported. Google Inc said last week that YouTube is rolling out a long-awaited paid monthly music subscription service called YouTube Music Key. Apple, which bought music streaming and audio equipment company...

  • Hackers to probe cyber crime defenses at British banks Wednesday, 19 Nov 2014 | 9:52 AM ET

    *Bank of England pushing banks to confront cyber threats. LONDON, Nov 19- In the next few months hackers will try to penetrate the cyber defenses of Britain's major banks and steal information about millions of customers. Banks are on red alert after cyber criminals obtained details of 83 million clients from JPMorgan Chase this year and Britain's leading...

  • Nov 19- Cloud security software maker CipherCloud said it raised $50 million financing from Transamerica Ventures, Delta Partners, and existing investors Andreessen Horowitz and T-Ventures. The company's products enable users to secure data by encryption across multiple cloud applications such as Salesforce.com Inc, Google Inc's Gmail and Microsoft...

  • China blocks websites as Internet meeting begins Wednesday, 19 Nov 2014 | 7:03 AM ET

    BEIJING— Chinese censors have newly blocked access to several popular websites as they target content delivery networks that serve much of the Internet, according to a U.S. The action comes as China hosts the World Internet Conference, which brings together many of the world's top technology companies. EdgeCast, an affiliate of Verizon, says censors have taken...

  • JOHANNESBURG/ DUBAI, Nov 19- Bharti Airtel's planned disposal of mobile phone towers in Africa will see it sell masts in Tanzania to Helios Towers, while units in Malawi will go to Eaton Towers, a person with knowledge of the deal said on Wednesday. The Tanzania sale will include about 1,000 towers, said the source, who declined to be identified because the deal has...

  • Microsoft cloud service partially down, MSN unavailable Tuesday, 18 Nov 2014 | 11:28 PM ET

    SEATTLE, Nov 18- Microsoft Corp's Azure cloud-computing service, which hosts websites and lets customers store and manage data remotely, suffered serious outages on Tuesday taking its popular MSN web portal offline. According to Microsoft's Azure status page, the problems started around 5 pm Pacific time and have still not been fully solved.

  • The application is part of IBM's attempt to shift its focus to cloud computing and data analytics from the hardware services that had long been the company's bread and butter. "We came at this from the perspective that this is about changing the game, not just incremental improvements in e-mail," Jeff Schick, IBM's general manager of social solutions, told Reuters.