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Software Software

  • May 26- Canada's BlackBerry Ltd said on Friday that U.S. chipmaker Qualcomm Inc has agreed to pay the software maker $940 million, including interest and legal fees, to settle a royalty dispute. Qualcomm had said in April that it would have to refund BlackBerry $814.9 million, plus interest and attorneys' fees, in an arbitration over royalties for certain past...

  • May 25- GameStop Corp, the world's largest retailer of video games, reported its first increase in sales in five quarters, as robust demand for the Nintendo Switch gaming console helped offset weak video game sales. Net sales rose 3.8 percent to $2.05 billion in the first quarter ended April 29, the company said on Thursday. Net income fell to $59 million, or 58 cents...

  • NEW YORK, May 25- Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services. Kik is a free chat and messaging application founded in 2009 and built for teenagers, with about 300 million registered users. A sale of the token will be...

  • WASHINGTON, May 24- Fiat Chrysler Automobiles NV believes a software update can address U.S. regulators' contention that its diesel vehicles are producing excess emissions, a lawyer for the company said at a court hearing on Wednesday. Robert Giuffra, a lawyer representing Fiat Chrysler, said at a hearing in San Francisco that regulators' concerns could be...

  • Intuit Inc., up $8.68 to $137.83. Lowe's Cos., down $2.49 to $79.85. The Container Store Group Inc., up $1.35 to $5.50.

  • NEW YORK, May 24- U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon. But, according to the May 2-3 meeting minutes, they also agreed they should hold off on raising interest rates until they knew a recent U.S. economic slowdown...

  • *Fed minutes scheduled to be released at 2 p.m. ET. U.S. interest rates futures were steady ahead of the minutes, due at 2 p.m. ET. "The real take from the Fed is that a June rate hike still seems to pretty much baked in the cake, but I'm going to be looking at guidance as how they expect to start spending down their excess assets," said Brad McMillan, chief investment officer for...

  • *Fed minutes scheduled to be released at 2 p.m. ET. Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet, when the central bank releases the minutes at 2 p.m. ET. "The real take from the Fed is that a June rate hike still seems to pretty much baked in the cake but I'm going to be looking at guidance as how they expect to start...

  • NEW YORK— U.S. stocks rose for the fifth consecutive day Wednesday as investors went on a late buying spree. Technology companies like TurboTax maker Intuit and materials companies including industrial gas company Praxair made some of the biggest gains. Officials discussed steps for shrinking the central bank's $4.5 trillion in bond holdings and Wall...

  • The 3- liter FCA diesels emit nitrogen oxide at a much higher rate than allowed under federal laws when on the road, the EPA said in a statement. The company failed to disclose the software during the process to become certified so the vehicles can be sold, according to the EPA. "Each of these vehicles differs materially from the specifications provided to EPA in the...

  • TORONTO, May 23- BlackBerry Ltd's Toronto- listed shares surged 8.5 percent on Tuesday as investors raised expectations that the technology company's cyber security and automotive software will post strong growth, an analyst said. This month's global "ransomware" attack, dubbed WannaCry, has raised awareness of BlackBerry's security software business,...

  • BEIRUT— Islamic State group says one of its members carried out the Manchester attack that killed 22 people.

  • Technology companies are closing in on all-time highs and continued to rise Monday, led by big names like Cisco Systems and Qualcomm. Aerospace and defense companies rose after President Donald Trump presided over a huge sale of military equipment to Saudi Arabia. Sameer Samana, a strategist for Wells Fargo Investment Institute, said people continue to spend...

  • The same technology that keeps kids glued to their smart phones is being used by some schools as protection against sexual assaults. Using apps, victims and bystanders can alert school officials, police or parents to trouble. STOPit: New Jersey- based creator Todd Schobel launched this app in 2013.

  • SAN FRANCISCO, May 19- Ford Motor Co said on Friday it would delve into the growing arena of "over-the-air" software updates, adding Android Auto and Apple CarPlay to its Sync 3- equipped 2016 vehicles for the first time via a wireless software update. The latest upgrade to Sync 3, Ford's interactive touch-screen system, will be accomplished through an...

  • NEW YORK, May 19- U.S. stocks rallied on Friday as strong corporate earnings lifted investors' spirits in a week dominated by uncertainty surrounding Donald Trump's U.S. presidency. "You've had no Washington drama today and decent earnings," said David Joy, chief market strategist at Ameriprise Financial in Boston. With Washington not in the headlines, we can focus...

  • May 19- U.S. stocks were higher late Friday morning as a set of strong corporate earnings lifted investor spirits in a week dominated by uncertainty surrounding Donald Trump's presidency. However, Wall Street's major indexes were on track for their worst weekly declines since mid-April following reports that Trump had tried to interfere in a federal...

  • May 19- U.S. stocks advanced on Friday, driven by Apple, as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Reports later alleged Trump had asked Comey to end an investigation into former national security adviser Michael Flynn's ties with Russia. Investors fear that the...

  • May 19- U.S. stocks looked set to open higher on Friday as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Reports later alleged Trump had asked Comey to end an investigation into former National Security Advisor Michael Flynn's ties with Russia. Investors fear that the...

  • May 19- U.S. stock index futures edged higher on Friday as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Reports later alleged Trump had asked Comey to end an investigation into former National Security Advisor Michael Flynn's ties with Russia. Louis Federal Reserve...