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Salesforce raises full-year revenue forecast

(Reuters) – Inc , the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. Source
Posted On 21 May 2015

CareFirst says cyberattack stole data of 1.1 million users in U.S

(Reuters) – CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. Source
Posted On 21 May 2015

Firms to face stiffer fines for breaking EU’s ‘right to be forgotten’ rules

BRUSSELS (Reuters) – Firms such as Google and Microsoft will face stiffer fines if they violate Europe’s “right to be forgotten” online rules, according to a draft text agreed by European Union ambassadors on Wednesday, diplomatic sources said. Source
Posted On 21 May 2015

Altice enters U.S. cable market with Suddenlink move

PARIS/FRANKFURT (Reuters) – European telecoms group Altice has agreed to buy U.S. regional cable company Suddenlink Communications in a $9.1 billion deal, marking its first move across the Atlantic where it is also interested in buying Time Warner Cable. Source
Posted On 21 May 2015

Judge OKs Activision $275 million shareholder settlement, $72 million for lawyers

WILMINGTON, Del. (Reuters) – A Delaware judge on Wednesday approved a $275 million shareholder settlement involving videogame maker Activision Blizzard Inc and awarded the small law firms that brought the case a $72.5 million fee. Source
Posted On 21 May 2015

Viacom boosts dividend more than 20 percent to 40 cents

(Reuters) – Media company Viacom Inc, still struggling to turn around advertising declines in the United States, raised its quarterly cash dividend more than 20 percent on Wednesday. Source
Posted On 21 May 2015

U.S. Navy secretary says paying attention to cyber threats

WASHINGTON (Reuters) – The U.S. Navy is working hard to improve the cyber security of its computer networks and weapon and communications systems, while bracing for potential attacks on power grids and fuel supplies, Navy Secretary Ray Mabus said Wednesday. Source
Posted On 21 May 2015

Senators try to block extension of bulk data collection

WASHINGTON (Reuters) – Republican Rand Paul interrupted debate in the U.S. Senate on Wednesday to make a speech opposing legislation that would extend U.S. spy agencies’ collection of Americans’ telephone data. Source
Posted On 21 May 2015

NetApp results miss estimates; shares fall

(Reuters) – Data storage equipment maker NetApp Inc reported fourth-quarter results below analysts’ estimates, hurt by lower sales to original equipment manufacturers, sending its shares down more than 10 percent in extended trading. Source
Posted On 21 May 2015

Canadian software maker Shopify valued at $1.27 billion at IPO price

(Reuters) – Canadian e-commerce software maker Shopify Inc said its U.S. initial public offering was priced at $17 per share, valuing the company at about $1.27 billion. Source
Posted On 21 May 2015