Software Software

  • Aug 26- Cloud services provider Rackspace Hosting Inc said it agreed to be taken private by Apollo Global Management LLC in a deal valued at $4.3 billion, as the private-equity firm boosts its investments in the technology sector. Rackspace's shares were up 4.3 percent at $31.50 in early trading on Friday, just shy of Apollo's offer of $32 per share.

  • Aug 26- Apollo Global Management LLC said on Friday it would buy cloud services provider Rackspace Hosting Inc in a deal valued at $4.3 billion, as the private-equity firm increases its investments in the technology sector.

  • *Sees 3rd- qtr profit 53- 58 cents/ shr vs est. The company said it expects to earn 53- 58 cents per share in the third quarter. Analysts on average were expecting a profit of 53 cents, according to Thomson Reuters I/B/E/S.

  • GameStop's second quarter net sales fell to $1.63 billion from $1.76 billion, missing the analysts' average estimate of $1.72 billion, according to Thomson Reuters I/B/E/S. Net income rose to $27.9 million, or 27 cents per share, in the quarter, from $25.3 million, or 24 cents per share, a year earlier. Excluding items, the company earned 27 cents per share, in line with...

  • ATLANTA _ American Software Inc. on Thursday reported fiscal first-quarter net income of $1.7 million. American Software shares have climbed 14 percent since the beginning of the year. Keywords: American Software, Earnings Report.

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • Software Engineers are better off in Seattle

    Engineers in Seattle take home more than those in the San Francisco Bay area when adjusted for the cost of living.

  • LONDON, Aug 25- Ride service Uber, which enables users to instantly hail a taxi ride using their smartphone, will allow customers to book trips days or weeks in advance in London, the first European city to get the option. Earlier this year, the San Francisco- based app avoided having a mandatory waiting time of five minutes imposed upon it and other private hire car...

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned dull launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned dull launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned dull launch of the service in 2018..

  • *Express Inc plunges after slashing forecast. Aug 24- Wall Street was set open little changed on Wednesday as investors kept up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of an interest rate hike. "This is going to be a lackluster drift upwards, with perhaps some stocks that have really run-up being the targets for...

  • Aug 24- U.S. stock index futures were flat on Wednesday as investors keep up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of a rate hike. *Wall Street has been on a record-setting run due to continued expectations for low rates, coupled with upbeat corporate earnings and strong economic data. *Wall Street closed higher...

  • NEW YORK— A fugitive former technology company CEO who frustrated federal authorities by living comfortably in exile in southwest Africa for the past 10 years has agreed to return to the United States to face charges he hatched a scheme to pocket millions of dollars by secretly manipulating stock options and is expected to plead guilty, prosecutors revealed...

  • Best Buy Co., up $6.43 to $39.23. Zoe's Kitchen Inc., down $6.41 to $30.84. Tableau Software Inc., up $7.35 to $62.22.

  • BENGALURU, Aug 23- Informatica, a privately held software developer, said it expects its valuation to double to at least $10 billion in the next five years, driven by investments in big data and cloud computing. The Redwood City, California- based company was taken private last year by Permira and the Canada Pension Plan Investment Board for about $5.3 billion.

  • PROVIDENCE, R.I.— Rhode Island has reached a $25.6 million settlement with two of the financial backers it sued over a disastrous deal with former Red Sox pitcher Curt Schilling's 38 Studios video game company. The state's Commerce Corp. announced Tuesday that it has agreed to the proposed settlement with Wells Fargo Securities and Barclays Capital Inc..

  • Automakers and technology firms are striking new alliances to commercialize self-driving cars after being caught off guard by Silicon Valley companies such as Alphabet Inc, Tesla Motors Inc and Apple Inc, which have invested millions of dollars in the technology. Delphi and Mobileye said they will demonstrate their autonomous driving system in urban and...

 

  • Matt Hunter is the senior technology editor at CNBC.com.

  • Ari Levy

    Ari Levy is CNBC.com's senior technology reporter in San Francisco.

  • Harriet Taylor

    Harriet Taylor is a CNBC.com technology reporter based in San Francisco. She covers Apple, Uber and the sharing economy, cyber security and emerging Silicon Valley trends.

  • Julia Boorstin

    Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt

    Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

Recode

  • Executive Editor, Recode; Host, Recode Decode podcast; and Co-Executive Producer, Code Conference. Re/code is part of the CNBC network.

  • Co-Founder and Editor-at-Large, Recode and Co-Executive Producer, Code Conference. Re/code is part of the CNBC network.