A San Francisco gathering of cybersecurity professionals is underscoring the divide in their community over the NSA. A look at the turmoil.» Read More
NEW YORK, Nov 6- Network equipment maker Cisco Systems Inc, looking to protect its core business from new competition, has bought out the remainder of its majority-owned data center technology start-up, Insieme, in a deal that could cost up to $863 million.
WASHINGTON, Oct 29- Technology companies on Tuesday urged fast action on a patent reform bill in testimony before the House Judiciary Committee, including tackling what they termed the rising tide of costly lawsuits by "patent trolls."
Bob Goodlatte, a Virginia Republican who chairs the House Judiciary Committee, aims to increase transparency and accountability in the patent litigation system.
Oct 22- EMC Corp, the world's largest data storage equipment maker, cut its full-year forecast because of the two-week U.S. government shutdown, sending its shares down 4 percent. EMC, which reported lower-than-expected quarterly results, said the shutdown caused it to miss its revenue estimate by about $120 million, which it did not expect to recover.
Oct 22- EMC Corp, the world's largest data storage equipment maker, reported lower-than-expected quarterly results and cut its full-year revenue forecast, hurt by a fall in U.S. federal spending.
Corporate America's third quarter report card is not great, but it's good enough to keep stocks moving higher.
Oct 21- Cloud software maker VMware Inc reported a higher-than-expected quarterly profit as it sold more licenses to enterprise customers and indicated that strong licensing revenue growth would continue into next year. License revenue rose 15 percent in the quarter ended Sept. 30, VMware said on Monday.
Oct 21- Cloud software maker VMware Inc reported a higher-than-expected quarterly profit as licensing revenue rose 15 percent, sending its shares higher in extended trading.
Oct 21- Cloud software maker VMware Inc reported a higher-than-expected quarterly profit as licensing revenue rose 15 percent. VMware, controlled by data storage equipment maker EMC Corp, said net income rose to $261 million, or 60 cents per share, for the third quarter, from $157 million, or 36 cents per share, a year earlier.
The "Fast Money" traders share their final trades of the day.
It was a "Who's Who" of guests on "Squawk Box"—everybody from Buffett to Bowles, Tepper to Cooperman, and McCain to Corker. "Talking Squawk," the official show blog, covers them all.
"The stocks have come down way too far," Paul Meeks says.
Veeva offers customer relationship management and content management software to the life sciences industry, competing with companies such as Oracle Corp, Cegedim SA of France and EMC Corp.. The company's software is used by 33 of the 50 largest drug makers, including Novartis AG, Merck& Co, Eli Lilly and Co and Bayer Healthcare AG, it said in its IPO filing.
NEW YORK, Oct 14- Emulex Corp has held talks with a few private equity firms, including Francisco Partners LP, Thoma Bravo LLC and Thomas H. Lee Partners LP about selling itself, but a deal remains uncertain for the struggling chip maker, according to several people familiar with the matter.
Check out which companies are making headlines after the bell Wednesday:
SAN FRANCISCO, Oct 8- When Hewlett-Packard Co was removed from the Dow Jones Industrial Average a month ago, Chief Executive Officer Meg Whitman sent an impassioned email to the company's 300,000- plus employees. Two years into what she has always described as a five-year effort, HP's sales and profits are still sliding and Wall Street is losing patience.
Sept 27- Shares of flash storage provider Violin Memory, backed by Toshiba Corp, fell nearly 21 percent in their market debut, as investors remain skeptical about an intensely competitive data storage market.
WASHINGTON, Sept 25- Senior U.S. officials on Wednesday sought to mend fences with the technology industry as they renewed their pleas for legislation to increase the flow of information about cyber attacks between federal agencies and private companies.
Washington, Sept 25- A small, sophisticated international hacking group was responsible for a widely publicized 2011 spying attack on members of Japan's parliament as well as dozens of previously undisclosed breaches at government agencies and strategic companies in Japan and South Korea, security researchers said.
SAN FRANCISCO, Sept 19- In the latest fallout from Edward Snowden's intelligence disclosures, a major U.S. computer security company warned thousands of customers on Thursday to stop using software that relies on a weak mathematical formula developed by the National Security Agency.