Former Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value
Read moreIn the attacks, a highly sophisticated form of malicious software, dubbed SYNful Knock, has been implanted in routers made by Cisco, the world's top supplier, U.S. security research firm FireEye said on Tuesday
Read moreIt's not unique to the federal government,” said Tony Scott, who spent 35 years in the private sector running systems at companies such as Microsoft Corp, Walt Disney Co and General Motors Co. Scott was named as the federal CIO in February and knew from the start that stepping up cyber defenses would be a focus
Read moreMicrosoft Corp currently is not weighing an offer for Salesforce.com Inc , two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the cloud software company. Bloomberg News, citing people with knowledge of the matter, reported earlier this week that Microsoft was evaluating a bid for Salesforce after the latter was approached by another unnamed would-be buyer. Microsoft considers Salesforce's current market valuation expensive, one of the people said
Read moreBy Alastair Macdonald BRUSSELS (Reuters) – U.S. companies, including tech rivals Microsoft and Google , were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed (table below)
Read moreBritish pop singer Jessie J has upset her fans after she “unfollowed” hundreds of people on Twitter. At the start of the month, the “Price Tag” singer was following 885 people on the micro-blogging site, where pop stars often have huge followings.
Read moreBy Foo Yun Chee and Eric Auchard BRUSSELS/BERLIN (Reuters) – The European Union's decision to take on Google last week stems from official complaints by 19 companies in Europe and the United States, including Microsoft and a number of small firms, people familiar with the matter said on Friday. The list of complainants in the European Commission's charge sheet, which includes companies not directly involved in the charges around Google's shopping service, would make it easier for the regulator to expand the case beyond its preliminary focus on price-comparison shopping sites. Being an official party to the case gives the companies an insider track on the regulatory proceedings as they will be able to get a copy of the detailed EU charge sheet and argue their case at a hearing of competition experts should Google ask for one.
Read moreMicrosoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business. “The Street will cheer these results as it appears Microsoft is back on the right track after a head-scratching performance last quarter.” Sales of Windows to computer manufacturers to install on new PCs fell 19 percent in the quarter, reflecting a sharp dip from a year ago when Windows got a brief boost from consumers rushing to buy new machines after Microsoft stopped support for the 14-year-old XP operating system. Microsoft's overall revenue rose 6 percent to $21.7 billion, above Wall Street's average forecast of $21.1 billion, according to Thomson Reuters I/B/E/S.
Read more(Reuters) – Microsoft Corp and Yahoo Inc amended a 2009 search partnership, giving Yahoo more control over how search results are displayed on desktops and mobile devices. The 10-year search partnership, crafted by former Microsoft CEO Steve Ballmer and former Yahoo CEO Carol Bartz, allowed the companies to amend or terminate it after five years.
Read moreBy Victoria Bryan HAMBURG (Reuters) – Panasonic Avionics says it will need to double the rate at which it installs Wi-Fi systems on aircraft to catch up with skyrocketing demand from airlines to keep passengers connected above the clouds. Airlines are rushing to install Wi-Fi on board, seeing not only an opportunity to meet demands from customers to be always connected, but also to make the most of advertising contracts from companies keen on access to this captive audience. Panasonic Avionics, part of Panasonic Corp, says it has won a 46 percent share of business for Wi-Fi systems since 2009, taking the lead over rivals such as OnAir, Gogo and Global Eagle's Row44
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