Nov 15- Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMWare to $120 per share from its previous offer of $109, still way short of the $300 price suggested by activist investor Carl Icahn. The computer maker in July offered to pay $21.7 billion in cash and stock to buy back shares tied to its interest in...
*Operating procedures, training could change- FAA. WASHINGTON/ SEATTLE, Nov 13- The U.S. Federal Aviation Administration and Boeing Co are evaluating the need for software or design changes to 737 MAX jets in the wake of last month's deadly Lion Air crash in Indonesia, the regulator said on Tuesday. Operating procedures and training for the 737 MAX could also change...
Nov 13- Dell Technologies Inc is working with investment banks to add more cash to a $21.7 billion offer to buy back a "tracking stock" tied to its software company VMware Inc following investor opposition, people familiar with the matter said on Tuesday. The move comes after several investors in the tracking stock, including billionaire Carl Icahn, said they...
The 30- year old game developer is a child of the county's tech boom: she studied at one of China's top universities and her company hit it big with an award-winning game that was published on Nintendo's Switch console and the PC gaming platform Steam, with plans for roll-out on other game platforms. Now her ambitions- and those of many others across China's giant...
Nov 12- Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday. In May Elliott made an unsolicited offer of $160 per share to buy Athenahealth. Once the deal is complete, Athenahealth will merge with Virence Health, the former GE Healthcare unit...
Futures earlier held steady as Brent crude prices rose 1.51 percent after Saudi Arabia, the world's largest oil exporter, said it would cut its shipments in December. That lifted energy stocks, with shares of companies such as ConocoPhillips, Schlumberger NV and heavyweights Exxon Mobil Corp and Chevron Corp among the top gainers on the S&P 500 in premarket...
Nov 12- Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday. In May Elliott made an unsolicited offer of $160 per share to buy Athenahealth. Once the deal is complete, Athenahealth will merge with Virence Health, the former GE Healthcare unit...
The stock traded as high as $37.80, just shy of the $38-per-share price that Vista offered to take the company private.
Delhi's air is among the worst in the world, although many in the city of more than 20 million are unable, or unwilling, to protect themselves from the cocktail of gases and particles. But at the TopDog Luxury Pet Resort, Gautam Kari, the chief operating officer who studied animal behaviourology in California, is offering relief for posh pooches.
For the fourth quarter, Activision forecast an adjusted profit of $1.27 per share and adjusted revenue of $3.05 billion. Analysts on average had expected the company to earn $1.34 per share on revenue of $3.06 billion, according to IBES data from Refinitiv. "The Q4 forecast is below expectations probably to give them some headroom given the holiday period is...
The company forecast fourth-quarter adjusted revenue of $3.05 billion and profit of $1.06 per share, missing analysts' estimates of $3.06 billion and $1.34 per share respectively, according to IBES data from Refinitiv. Activision's net income rose to $260 million, or 34 cents per share, in the third quarter ended Sept. 30, from $188 million, or 25 cents per share, a...
SAN FRANCISCO, Nov 7- Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street's high expectations for the fast-expanding sector. After cloud computing stocks slumped in October's broad market sell-off, the latest batch of quarterly reports...
SAN FRANCISCO, Nov 7- Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street's high expectations for the fast-expanding sector. Tableau Software jumped 18 percent and Twilio surged 35 percent after both enterprise software sellers posted...
SAO PAULO, Nov 6- Brazil prosecutors opened an investigation on Tuesday into a reported software leak at credit card processor StoneCo Ltd, according to documents seen by Reuters. On Oct. 24, StoneCo reported an individual had publicly disclosed parts of certain parts of its source code and that it believed there had been no access to financial or personal...
Nov 6- Private equity firm Thoma Bravo LLC has approached Symantec Corp to express interest in acquiring the Norton antivirus software maker, people familiar with the matter told Reuters on Tuesday. It would come as Symantec seeks to regain its footing in a crowded cyber security market following a string of acquisitions, including the $4.65 billion purchase...
There is no certainty that the discussions between Thoma Bravo and Symantec will lead to a deal, the sources said, asking not to be identified because the matter is confidential. Thoma Bravo did not immediately respond to a request for comment. Private equity firms Bain Capital and Silver Lake are also investors in Symantec.
*Samsung to seek developer feedback for foldable phone. *Launch date undisclosed; analysts expect first half of 2019. SEOUL, Nov 6- Keen to make its foldable smartphone the next big thing, Samsung Electronics Co will depart from its usual policy of keeping product plans highly secret and provide some details of the phone's key features for app developers this week.
LONDON, Nov 5- Britain's Micro Focus International said full-year revenue would come in around the better end of previous weak guidance, as it announced the appointment of a new finance director, Brian McArthur-Muscroft. Britain's leading software company has been hammered this year after it struggled to get to grips with its $8.8 billion acquisition of HPE...
UBER SAYS HAS IMPROVED SELF-DRIVING CAR SOFTWARE TO BETTER DETECT OBJECTS AND PEOPLE AND REACT MORE QUICKLY.
NEW YORK/ BOSTON, Oct 31- Hedge fund Elliott Management Corp's software company ASG Technologies said on Wednesday it was offering to buy Mitek Systems Inc for $10 a share after the provider of financial technology to banks rejected an earlier takeover approach. ASG said in a letter to Mitek that it was reaffirming its "proposal to acquire Mitek for $10.00 per...
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