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Tech Software

  • 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...

  • A Kiva Systems robot moves a shelf to fill orders at the Amazon.com fulfillment center in Tracy, California.

    Amazon has been able to disrupt traditional retailers because its technology is so advanced, CNBC's Jim Cramer says.

  • 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...

  • Ad-tech start-up Unlockd explains Asia expansion strategy following Axiata deal

    Matt Berriman, CEO & co-founder of Unlockd, says there's opportunity in Indonesia and Malaysia as the advertising market grows.

  • 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...

  • Full interview with Intuit CEO Brad Smith

    The full interview with Intuit CEO Brad Smith.

  • Players compete in an e-sports match on 22 Oct., 2016.

    China is hosting a hotly anticipated tournament of Go – a complex, ancient Chinese board game – against a powerful Google computer program, but nobody inside the country can watch the games.

  • Support for Ethereum is growing after 86 firms joined the collective that is seeking to use blockchain technology to run smart contracts.

  • Rob Mee, CEO, Pivotal Software

    Pivotal Software CEO, Rob Mee, says cloud is a key growth driver as legacy organizations respond to disruptors with multi-cloud strategies.

  • 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...

  • Intuit beats the Street

    CNBC's Seema Mody reports on the quarterly earnings for Intuit.

  • 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,...

  • VC Marc Andreessen compares today's car makers to the Nokia

    The tech investor argues that software is an essential component to the future of care making.

  • Demis Hassabis, co-founder of Google's artificial intelligence (AI) startup DeepMind.

    Global champ Chinese player Ke Jie, lost his first game against Google DeepMind computer program AlphaGo in Wuzhen.

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

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