Elliott Management will seek to convince EMC that the company's stock would receive a substantial boost if it were to spin off VMware.» Read More
After delaying its IPO, Box received a solid jolt in the arm today in form of a large contract from industrial giant GE.
Cloud firms were once the darlings of Wall Street, but now they're just another group of software-like companies that will have to prove themselves.
BOSTON, April 23- The FBI has warned healthcare providers their cybersecurity systems are lax compared to other sectors, making them vulnerable to attacks by hackers searching for Americans' personal medical records and health insurance data. FBI spokeswoman Jenny Shearer declined comment on the private industry notification, or PIN.
April 23- EMC Corp, the world's largest maker of data storage equipment, reported a better-than-expected quarterly revenue, but its shares fell after majority-owned software maker VMware Inc reported weak growth in bookings.
April 23- EMC Corp, the world's largest maker of data storage equipment, affirmed its full-year earnings forecast, citing acquisition-related costs in its VMware Inc unit. EMC's shares fell nearly 5 percent at open on the New York Stock Exchange on Wednesday.
April 23- EMC Corp, the world's largest maker of data storage equipment, cut its full-year earnings forecast, citing acquisition-related costs in its VMware Inc unit. EMC's shares fell nearly 5 percent at open on the New York Stock Exchange on Wednesday.
April 23- EMC Corp posted a better-than-expected 2 percent rise in quarterly revenue due to higher sales of its storage products as customers expand their data centers. EMC's net income fell to $392 million, or 19 cents per share, in the first quarter ended March 31 from $580.05 million, or 26 cents per share, a year earlier.
April 23- Flash storage company Pure Storage Inc raised $225 million in a late-stage funding round, valuing the company at about $3 billion, technology news site Re/code reported.
April 22- Virtualization software maker VMware Inc reported better-than-expected first-quarter revenue and forecast current-quarter revenue largely above analysts' average estimate as more customers opt for its cloud infrastructure services.
April 22- Virtualization software maker VMware Inc reported a better-than-expected 14 percent rise in first-quarter revenue as more customers opted for its cloud infrastructure services and big business clients renewed software licenses. Long-term license agreements, including maintenance and support, make up a quarter to a third of VMware's sales.
SAN FRANCISCO, April 16- Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks.
WASHINGTON, April 11- Nine people have been charged in an alleged international conspiracy that used malicious software to gather bank account details and use the information to steal millions of dollars, including from accounts held at a Nebraska bank, the Department of Justice said on Friday.
Developers rushed out patches to fix affected web servers when they disclosed the problem, which affected companies from Amazon.com Inc and Google Inc to Yahoo Inc.. Def Con's network uses an enterprise firewall from McAfee, which is owned by Intel Corp's security division.
Betting on technology companies proved to be a dangerous game in March as sharp stock declines burned some prominent hedge fund investors.
The U.S. government has failed in helping protect against cyberattacks by not creating the proper system for sharing critical information, pros said.
Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009.
SINGAPORE, March 14- Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009- and you can double that if it turns out they emptied Mt. "It's just growing pains," says Keith Jarvis, a security researcher at Dell SecureWorks.
WASHINGTON, Feb 26- A dispute between two fitness equipment makers landed at the U.S. Supreme Court on Wednesday, giving justices a chance to consider how to deal with so-called patent trolls, companies that acquire patents to sue for infringement or extract licensing fees.
A San Francisco gathering of cybersecurity professionals is underscoring the divide in their community over the NSA. A look at the turmoil.
SAN FRANCISCO, Feb 25- The U.S. National Security Agency blurred its spying and cybersecurity missions, and that led to a broad collapse in trust between the private security industry, its customers and the government, the head of security pioneer RSA said on Tuesday.