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Information Technology


  • *3rd- qtr rev $12.1 bln vs est $12.07 bln. May 13- Cisco Systems Inc's quarterly profit edged past market estimates as demand for new switches, routers, wireless gear and servers made up for sluggish spending by telecom customers and weak sales in emerging markets. He also shot down rumors that Cisco bid $9 billion for FireEye Inc, sending the cybersecurity...

  • May 13- Network equipment maker Cisco Systems Inc's quarterly profit was a cent ahead of market estimates as new switches, routers, wireless gear and servers drove demand. Cisco is transitioning towards a cycle of high-end switches and routers. Switching business accounted for more than a third of Cisco's revenue while the routing business brought in nearly a...

  • Cisco revenue rises 5 pct Wednesday, 13 May 2015 | 4:12 PM ET

    May 13- Network equipment maker Cisco Systems Inc reported a 5.1 percent rise in quarterly revenue, helped by demand for its switching equipment and routers. The company's net profit rose to $2.44 billion, or 47 cents per share, in the third quarter ended April 25, from $2.18 billion, or 42 cents per share, a year earlier. Revenue increased to $12.14 billion from...

  • NEW YORK, May 13- Limelight Networks Inc did not directly infringe a patent on managing Web images and video held by rival Akamai Technologies Inc because it did not carry out all the steps, a U.S. appeals court ruled on Wednesday. The case dates to 2006, when Akamai accused Limelight of infringing on its patented technology for efficiently handling website...

  • 2 companies set to profit from this $156B market Wednesday, 13 May 2015 | 10:00 AM ET
    Cyber security hacking

    As cybercrime soars, companies are in a war for IT talent to combat hackers. These two start-ups think they have the solution.

  • Review: What to do if phones fill up with photos Wednesday, 13 May 2015 | 3:02 AM ET

    NEW YORK— Shoot enough photos and videos, and your phone will eventually fill up. Many phones don't let you add storage, and moving images to a personal computer is complicated for many people. Yahoo's Flickr and Apple's iCloud Photo Library will automatically transfer photos and videos to your online account, so you get a backup and more space on your device.

  • Computer Science Corp sues former executive Tuesday, 12 May 2015 | 6:03 PM ET

    May 12- IT services provider Computer Science Corp on Monday sued the former chief executive of a company it bought in 2013 for breaching its code of business conduct. The lawsuit against Eric Pulier was regarding unauthorized payments he made to two executives of Commonwealth Bank of Australia, a CSC client, shortly after receiving tens of millions of dollars...

  • May 12- TPG Capital LP partner John Marren has a reputation for savvy technology investments and for leading the private equity firm's technology buyouts team. Several companies in TPG's portfolio, including telecommunications equipment company Avaya Inc, chipmaker Freescale Semiconductor Ltd and financial software group SunGard Data Systems Inc, on...

  • DUBAI, May 12- The cloud computing unit of Chinese e-commerce giant Alibaba Group Holding said it would establish a base in Dubai to seek business from companies and governments in the Middle East and North Africa. The deal may bolster Dubai's efforts to develop as a technology centre for the region, in addition to marking an expansion of Alibaba's cloud...

  • Disruptor 50: No. 30 HackerRank Tuesday, 12 May 2015 | 7:00 AM ET
    Harishankaran and Vivek Ravisankar, co-founders of HackerRank

    HackerRank is providing the tools to create programming tests that actually screen for the IT skills a company is looking for.

  • Disruptor 50: No. 20 GitHub Tuesday, 12 May 2015 | 7:00 AM ET
    Chris Wanstrath, co-founder and CEO, GitHub

    Built around a piece of software named Git, meaning a "foolish person," this version-control system has over 9 million users.

  • Disruptor 50: No. 27 MongoDB Tuesday, 12 May 2015 | 7:00 AM ET
    Dev Ittycheria, CEO of MongoDB

    This company is upending the $30 billion database market by offering database technology as a subscription service, training included.

  • Disruptor 50: No. 48 Qubole Tuesday, 12 May 2015 | 7:00 AM ET
    Ashish Thusoo, co-founder and CEO of Qubole.

    Created by two members of the 'Facebook mafia', this startup wants to make sense of the Internet's mass of data, and democratize its power.

  • Disruptor 50: No. 46 Narrative Science Tuesday, 12 May 2015 | 7:00 AM ET
    Stuart Frankel, founder and CEO of Narrative Science

    This A.I. firm analyzes data and turns it into a narrative so companies can spend less time crunching numbers and more time with customers.

  • Disruptor 50: No. 6 Dropbox Tuesday, 12 May 2015 | 7:00 AM ET
    Arash Ferdowsi (left) and Drew Houston, co-founders of Dropbox

    An MIT grad invented this cloud file-sharing technology that has become a ubiquitous tool used by more than 300 million people worldwide.

  • Disruptor 50: No. 7 Palantir Technologies Tuesday, 12 May 2015 | 7:00 AM ET
    Alexander Karp, chief executive officer and co-founder of Palantir Technologies Inc.

    The FBI and CIA are clients of this secretive Silicon Valley firm that mines data for intelligence on cybercrime and fraud.

  • Disruptor 50: No. 16 Pure Storage Tuesday, 12 May 2015 | 7:00 AM ET
    (left to right) Pure Storage CEO Scott Dietzen and co-founders John Hayes and John "Coz" Colgrove

    The secret to this company's success is its flash memory technology, a method that's faster and simpler than traditional disk storage.

  • Benjamin Lawsky, New York's financial services regulator, said on Monday he hopes to propose new cybersecurity regulations for banks and insurance companies under his aegis by year-end. "The one thing we find to be an existential threat right now is whether our financial institutions and systems are adequately protected when it comes to cybersecurity,"...

  • May 11- Mindbody Inc, a maker of software to help run fitness and yoga studios, filed with U.S. regulators on Monday for an initial public offering of common stock. Morgan Stanley, Credit Suisse and UBS Investment Bank are among the underwriters to IPO, Mindbody said. The company has raised more than $100 million in funding, with backers such as W Capital Partners,...

  • Fitness software firm Mindbody files for IPO Monday, 11 May 2015 | 5:34 PM ET

    Morgan Stanley, Credit Suisse and UBS Investment Bank are among the underwriters to IPO, Mindbody said.