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EMC Corp

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  • The case in Santa Ana, California, was one of the largest U.S. insider trading enforcement actions to go to trial, and is another setback for the SEC on the heels of an insider trading trial loss a week earlier in New York.

  • The Securities and Exchange Commission "ignored actual evidence" that failed to support its case of wrongdoing against former sTec Inc CEO Manouchehr Moshayedi, defense attorney Patrick Gibbs said during closing arguments in a trial in U.S. District Court in Santa Ana, California.

  • May 21- NetApp Inc forecast a current-quarter profit below market estimates after reporting a 4 percent fall in quarterly revenue, hurt by lower sales of data storage products. NetApp said it expects an adjusted profit of 53- 58 cents per share on revenue of $1.42- $1.52 billion for the first quarter.

  • UPDATE 1-NetApp forecasts tepid quarterly profit, sales Wednesday, 21 May 2014 | 4:32 PM ET

    May 21- NetApp Inc forecast a current-quarter profit below market estimates after reporting a 4 percent fall in quarterly revenue, hurt by lower sales of data storage products. NetApp said it expects an adjusted profit of 53- 58 cents per share on revenue of $1.42- $1.52 billion for the first quarter.

  • By Jim Finkle, Soham Chatterjee and Lehar Maan. BOSTON/ BANGALORE, May 21- EBay Inc said on Wednesday that a cyber attack carried out three months ago has compromised customer data, and the company urged 145 million users of its online commerce platform to change their passwords.

  • Tech M&A deals that should happen now: Pro Tuesday, 13 May 2014 | 6:56 PM ET

    FBR Capital's Dan Ives gives his top ideas for what he calls a "golden opportunity" for tech M&A.

  • Nexenta makes open source-based "software-defined storage", which a client uses to save data on hardware from other vendors, thereby avoiding costly' package deals' that require buying hardware and software from the same vendor such as NetApp Inc or EMC Corp..

  • After IPO delay, Box gets a jolt from GE contract Thursday, 8 May 2014 | 3:39 PM ET
    Aaron Levie, co-founder and chief executive officer at Box Inc., speaks in Los Angeles, Feb. 19, 2014.

    After delaying its IPO, Box received a solid jolt in the arm today in form of a large contract from industrial giant GE.

  • Greenberg: Cloud bubble was bound to burst Thursday, 1 May 2014 | 1:47 PM ET

    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.

  • UPDATE 2-EMC shares fall on weak VMware bookings growth Wednesday, 23 Apr 2014 | 2:22 PM ET

    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.

  • EMC's 1st-qtr revenue rises 2 pct Wednesday, 23 Apr 2014 | 7:07 AM ET

    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.