UPDATE 2-Microsoft, Salesforce talks fell through on pricing - CNBC *Microsoft was willing to offer about $55 bln- CNBC. May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. A potential bidder can go up to $70 billion on the high end and Microsoft, Oracle Corp and Amazon.com Inc are the companies most likely to be suitors,...
| By: Devika Krishna Kumar and Anya George Tharakan
Two HPs better than one: Meg Whitman CNBC's David Faber talks to Meg Whitman, Hewlett-Packard CEO, about the benefits of splitting HP, the companies' growth potential, currency headwinds, softness in the HP market, the outlook on 3-D printing, doing business in China, dealing with security issues, and recent top-tier personnel changes.
HPQ beats on earnings, misses revenue Hewlett-Packard EPS beats, reports CNBC's Sue Herera. CNBC's David Faber weighs in as HP expects 'dis-synergies' of $400M-$450M from separation.
Is your money protected from cyberattacks? Faced with a rise in online fraud from hackers, more financial advisors are instituting cybersecurity protocols to ensure clients' account integrity.
| By: Shelly Schwartz, special to CNBC.com
INSIGHT-Apple, Android app makers cool to Microsoft overtures SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...
| By: Bill Rigby
Wal-Mart 1Q profit falls on pay raises NEW YORK- Wal-Mart Stores Inc. reported a 7 percent drop in first-quarter profit as the strong dollar and some efforts to improve its business hurt its bottom line. Greg Foran, who had been president and CEO of Wal-Mart Asia and took over Wal-Mart's U.S. business last summer, asked for investor patience. Wal-Mart's results adds to questions about the health of...
Source: The Associated Press
UPDATE 1-Symantec revenue misses Street on strong dollar May 14- Antivirus and security software maker Symantec Corp's quarterly profit and revenue missed Wall Street estimates, hurt by a strong dollar and lower demand for its consumer security products. Symantec, best known for its Norton antivirus software, also forecast weaker-than-expected first-quarter profit and revenue, sending its shares down 3 percent...