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Software Software

  • SAN FRANCISCO, June 7- Hey Siri, where can I get my cracked iPhone screen fixed? Among the first recipients is Minneapolis- based Best Buy, which has long sold and serviced Apple products. The electronics retailer already has one of the screen-repair machines at a Miami- area store and one coming soon to an outlet in Sunnyvale, California.

  • June 6- Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday. Kaspersky Lab said Microsoft was abusing its dominance in the PC operating system market, creating obstacles for independent software security vendors...

  • TORONTO, June 5- BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would adopt rival software for its future vehicle consoles, saying it was more focused on the faster-growing market for autonomous driving technology. Automotive Grade Linux, a collaborative effort of some 100 technology companies and automakers, said last week that Toyota...

  • TORONTO, June 5- BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would stop using its QNX software to run vehicle consoles, saying it is more focused on the faster-growing market for autonomous driving technology. Automotive Grade Linux, a collaborative of some 100 technology companies and automakers, said on Wednesday that Toyota would start...

  • June 2- Gigamon Inc, a U.S. network monitoring software maker targeted by activist hedge fund Elliott Management Corp, is preparing to hold talks with potential suitors interested in acquiring it, according to people familiar with the matter. Riverbed Technology, now owned by Thoma Bravo, bought Gigamon competitor Opnet in 2012 for $1 billion.

  • The company's net income rose 44.1 percent to $232 million, or 56 cents per share, in the first quarter ended May 5. The company said revenue climbed 9.3 percent to $1.74 billion, with services revenue rising 10.7 percent to $1.13 billion. Analysts had expected a profit of 95 cents per share and total revenue of $1.71 billion, according to Thomson Reuters I/B/E/S.

  • June 1- Virtualization software maker VMware Inc on Thursday reported a better-than-expected first-quarter profit and raised its full-year forecast, fueled by strong demand for its software used by companies to boost cloud computing efficiency. Summit Redstone Partners analyst Srini Nandury said the initial drop in the stock could have been due to...

  • Shares of Palo Alto, California- based VMware which have risen about 58 percent in the last 12 months dipped 4 percent to $93.48 in trading after the bell. Research and development costs jumped 18.2 percent to $421 million in the quarter, while sales and marketing expenses rose 3.7 percent to $586 million. VMware's net income rose to $232 million, or 56 cents per...

  • June 1- VMware Inc reported a 44.1 pct rise in quarterly profit on Thursday, fueled by strong demand for its virtualization software used by companies to boost cloud computing efficiency. VMware's net income rose to $232 million, or 56 cents per share in the first quarter ended May 5, from $161 million, or 38 cents per share, a year earlier. VMware, which is...

  • TORONTO, June 1- Canada's main stock index rose on Thursday in a broad rally led by steady oil prices that bolstered energy stocks, and a surge in BlackBerry Ltd shares. BlackBerry was among the most influential gainers, jumping 8.3 percent to C $15.46 after Citron Research said it had a 24- month price target of $20 on the stock on expectations the software company...

  • SAN FRANCISCO, May 31- SoftBank Group Corp said on Wednesday it was taking a significant minority stake in OSIsoft LLC, a privately held maker of industrial software used to manage plants and factories. SoftBank is buying out venture capital investors Kleiner Perkins Caufield& Byers, TCV and Tola Capital, it said in a statement. The investment is likely to be...

  • *Experts say tracking cyber attackers grows more confusing. TALLINN, Estonia, May 31- Veteran espionage researcher Jon DiMaggio was hot on the trail three months ago of what on the face of it looked like a menacing new industrial espionage attack by Russian cyber spies. The hacker comes from Transdniestria, a disputed, Russian-speaking region of Moldova, he said.

  • TOKYO, May 31- Toyota Motor Corp on Wednesday said the infotainment system of its revamped Camry sedan to be sold in the United States will run on a Linux-based, open-source technology platform as it tries to keep up with tech firms in developing software for cars. "It's very necessary to reduce the overhead of duplication work among our suppliers so they can spend...

  • 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...

  • 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...