Software & IT services

Satya Nadella

Microsoft sales beat Street hopes, cloud profits up

Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

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Xiaomi

China's Xiaomi shifts some smartphone user data out of Beijing on privacy concerns

Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.

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IBM

IBM struggles to reinvent itself in an age of cloud

When IBM Corp CEO Ginni Rometty was asked recently for her tips on how to transform companies, she spoke of "relentless reinvention" and not protecting the past.

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IBM

IBM to pay Globalfoundries $1.5 bln to take chip unit off its hands -WSJ

IBM Corp has agreed to hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc, the Wall Street Journal reported, citing people familiar with the matter.

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Qualcomm advertising logo

Qualcomm trumps Microchip with $2.5 billion deal for Britain's CSR

Qualcomm Inc (QCOM.O) has agreed to buy chip maker CSR Plc (CSR.L) for $2.5 billion, pushing out its rival Microchip Technology (MCHP.O) to win the British bluetooth specialist.

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Google

Researchers find new web encryption bug, warn of 'Poodle' attack

Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to steal data in what they have dubbed a "Poodle" attack.

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Microsoft booth

Russian hackers target NATO, Ukraine and others

Russian hackers exploited a bug in Microsoft Windows and other software to spy on computers used by NATO, the European Union, Ukraine and companies in the energy and telecommunications sectors, according to cyber intelligence firm iSight Partners.

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Technology startups

The Big Data bounty: U.S. startups challenge agribusiness giants

Chris Gould's combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the work's progress.

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Symantec

Symantec exploring breakup of company

Security software maker Symantec Corp (SYMC.O) is in advanced talks to split its business into two entities - one that sells security programs and another that does data storage, Bloomberg reported, citing people with knowledge of the matter.

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Tesco PLC

Private equity firm TPG eyes Tesco clubcard unit

Private equity buyout firm TPG has approached troubled British grocer Tesco PLC (TSCO.L) to buy its data gathering and analysis subsidiary Dunnhumby, which is worth well over 2 billion sterling, the Sky News reported on Monday.

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Aurionpro Website

Aurionpro Reconstitutes Its Board of Directors With Induction of Three New Independent Members as Global Growth Accelerates

Aurionpro (NSE: AURIONPRO) (BSE: 532668), a leading provider of enterprise-scale software and services, announced today that, as part of its growth plans, they have appointed three new independent members to the company's Board of Directors.

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IPO

Financial software maker Yodlee's shares rise 45 percent in debut

Shares of Yodlee Inc (YDLE.O), which is backed by private equity firm Warburg Pincus [WP.UL], rose about 45 percent in their debut, valuing the provider of software to financial companies at nearly $500 million. The company raised about $75 million after its initial public offering was priced at $12 per share, the mid-point of its expected range of $11-$13 per share.

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Hewlett-Packard

HP sees low-power servers making inroads in niche data centers

Hewlett-Packard Co's vice president of server engineering expects new lower-power servers made with technology from ARM Holdings to make inroads in niche data centers over the next year in a market dominated by Intel Corp.

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Microsoft

Norwegian Instagram rival to launch child safe tablet with Microsoft

Kuddle, a Norwegian picture sharing app designed for children, plans to launch a child safe tablet with Microsoft on Dec 1, and expects to sign funding deals with several venture capital firms within weeks, its chief executive said on Monday.

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Cisco

Cisco sets $1 billion investment for global cloud computing network

Cisco Systems will invest $1 billion over two years to expand its cloud offerings, the company said on Monday, linking hundreds of data centers and cloud providers around the world in a network with more than 30 partners.

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