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IBM beats revenue estimates; hints at sales growth

IBM beats revenue estimates; hints at sales growth

(Reuters) – International Business Machines Corp’s (IBM.N) shift to newer businesses such as cloud and security services helped it beat analysts’ quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines. Shares of the Dow component rose nearly 5.1 percent to $153.93 in extended trading on Tuesday. IBM [...]

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Snap and NBCUniversal launch studio to produce shows for Snapchat

Snap and NBCUniversal launch studio to produce shows for Snapchat

(Reuters) – Snap Inc, parent company of messaging and video app Snapchat, and NBCUniversal launched a joint venture studio on Tuesday to produce scripted shows and other genres to air on Snapchat. The two companies have already produced at least three shows for Snapchat in an effort to reach more viewers as mobile audiences continue [...]

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Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not disclose the extent of the attack to [...]

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