SEATTLE, July 22- Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.» Read More
WASHINGTON— A second federal judge has ordered the IRS to provide information about lost emails from a central figure in the agency's tea party controversy. IRS officials say Lerner's computer crashed in 2011, destroying an untold number of emails. At the time, Lerner headed the IRS division that processes applications for tax-exempt status.
Microsoft said it freed 4.7 million infected personal computers from control of cyber crooks in its most successful digital crime-busting operation.
DOVER, Del.— University of Delaware officials said Thursday that they are pulling the plug on plans for development of a data center at the former Chrysler assembly plant site in Newark. The university in 2012 signed a 75- year land lease with TDC that provided for further detailed review by both parties.
LONDON, July 11- Dutch software company Exact Holding said that it had been approached by parties about a possible takeover, with indicative offers at 30- 35 euros a share, and was engaged in preliminary discussions.
BANGALORE, July 11- India's second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.
MUMBAI, India— Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit on Friday and maintained its revenue growth forecast. Sikka is a former board member of technology company SAP AG and is the first outsider to hold the CEO job at Infosys. Infosys shares rose 1.1 percent to 3,326 rupees after the earnings report.
BOSTON, July 10- Microsoft Corp said it has freed at least 4.7 million infected personal computers from control of cyber crooks in its most successful digital crime-busting operation, which interrupted service at an Internet-services firm last week.
SEATTLE, July 10- Microsoft Corp Chief Executive Satya Nadella deferred any comment on widely expected job cuts at the software company on Thursday, after circulating a memo to employees promising to "flatten the organization and develop leaner business processes."
BOSTON, July 10- U.S. security software maker Symantec Corp said it is holding discussions with authorities in Beijing after a state-controlled Chinese newspaper reported that the Ministry of Public Security had banned use of one of its products.
IBM announced it will invest $3 billion in chip research and development in hopes of finding a game-changing breakthrough.
WASHINGTON— Chinese hackers broke into the computer networks of the Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees who had applied for top-secret security clearances, according to The New York Times.
BOSTON, July 10- U.S. security software maker Symantec Corp said it is holding discussions with authorities in Beijing after a state-controlled Chinese newspaper reported that the Ministry of Public Security had banned the use of one of its products.
WASHINGTON, July 9- IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a week before its widely anticipated second quarter earnings.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Alcoa Inc.,, up 84 cents to $15.69. Gigamon Inc., down $5.89 to $12.29.
NEW YORK— A two-year slump in personal computer sales ended in the second quarter, helped by improving demand in developed markets like North America and Europe. But quarterly figures released Wednesday by the research firms Gartner Inc. and International Data Corp. show the global slump is easing.
BOSTON, July 9- Microsoft Corp has dropped a lawsuit against Vitalwerks Internet Solutions that alleged the privately held Web services firm failed to take proper steps to prevent its systems from being abused by cybercriminals.
BEVERLY HILLS, Calif.— Sigourney Weaver and the cast of "Alien" are virtually returning to the starship Nostromo. The actress who portrayed unflappable officer Ellen Ripley in the "Alien" film franchise is reprising her role in "Alien: Isolation," an upcoming video game set after the events of the original 1979 film.
July 8- Network traffic management software maker Gigamon Inc cut its second-quarter revenue forecast, citing difficulty in closing deals. The company's shares fell as much as 28 percent to $13.00 in extended trading.
SEOUL, July 8- Samsung Electronics Co Ltd on Tuesday issued unexpectedly weak quarterly earnings guidance which put it on track for its worst results in two years and cast doubt on the smartphone leader's strategy against cheaper Chinese rivals.
SEOUL, July 8- Samsung Electronics Co Ltd on Tuesday said operating profit likely fell 24.5 percent in April-June, its lowest in two years due to slowing growth in the company's cash cow smartphone business and the strength of the South Korean won. The South Korean company said operating profit likely fell to 7.2 trillion won during the quarter.