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UPDATE 4-New Nigerian president seeks to crush "godless" Boko Haram

*Boko Haram firmly in new leader's sights. ABUJA, May 29- New Nigerian President Muhammadu Buhari promised on Friday to eradicate the "mindless, godless" militants of Boko Haram and rescue hundreds of women and children held captive, including 200 girls taken from the town of Chibok a year ago. In his inaugural address as elected leader of Africa's most populous...
Source: Reuters | By: Julia Payne
UPDATE 3-New Nigerian president vows to crush "godless" Boko Haram

*Boko Haram firmly in new leader's sights. ABUJA, May 29- New Nigerian President Muhammadu Buhari vowed on Friday to eradicate the "mindless, godless" militant group Boko Haram and rescue hundreds of women and children held captive, including 200 girls taken from the town of Chibok a year ago. In his inaugural address as elected leader of Africa's most populous...
Source: Reuters | By: Julia Payne
UPDATE 1-Wearable fitness tracker maker Fitbit sued by rival Jawbone

SAN FRANCISCO, May 27- Wearable fitness tracking device maker Fitbit Inc is being accused by rival Jawbone of attempting to steal core confidential data about Jawbone's business, according to a lawsuit filed on Wednesday. The lawsuit, filed in San Francisco Superior Court, alleges Fitbit engaged in a clandestine effort to steal talent, trade secrets and...
Source: Reuters | By: Dan Levine
UPDATE 2-Avago nears deal for fellow chipmaker Broadcom - sources

May 27- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, people familiar with the matter said on Wednesday, in a deal that could boost Avago's clientele of top-tier smartphone companies. A deal between Avago and Broadcom could come as early as this week, the people said, cautioning that the negotiations had not yet been...
Source: Reuters | By: Greg Roumeliotis
Wearable fitness tracker maker Fitbit sued by rival Jawbone - NYT

May 27- Wearable fitness tracking device maker Fitbit Inc is being sued by rival Jawbone, which accused Fitbit of "plundering" confidential data, the New York Times reported. Jawbone accused Fitbit of "systematically plundering" confidential information by poaching employees who improperly downloaded sensitive materials shortly before leaving, the Times...
Source: Reuters
UPDATE 1-Avago nears deal for Broadcom-sources

May 27- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, two people familiar with the matter said on Wednesday. A deal between Avago and Broadcom could come as early as this week, the people said, cautioning that the negotiations had not yet been finalized. Shares of Broadcom, which had a market value of about $29 billion as...
Source: Reuters | By: Greg Roumeliotis
Broadcom in advanced talks to be bought by Avago - WSJ

May 27- Chipmaker Broadcom Corp is in talks to be bought by Avago Technologies Ltd, the Wall Street Journal reported on Wednesday. The report said the terms and timing the companies were discussing for a potential deal were not clear. Broadcom's shares rose 17 percent to $55.10 and Avago's shares rose more than 7 percent to $140.73 in afternoon trading on the news.
Source: Reuters
Apple finds bug that causes iPhones to crash

May 27- Apple Inc has found a bug which can cause iPhones to crash when a message containing a specific string of text is received. The bug, which includes symbols and Arabic characters, was first reported by Apple news blog MacRumors on Tuesday night, adding that it was noticed on social news hub Reddit earlier in the day. "We are aware of an iMessage issue caused by a...
Source: Reuters
UPDATE 1-HR software maker Workday's loss widens on higher costs

May 26- Workday Inc's quarterly net loss widened by 3.6 percent as the human resource software company spent more on marketing and product development. The company, whose rivals include SAP SE and Oracle Corp, said net loss widened to $61.6 million, or 33 cents per share in the first quarter ended April 30, from $59.4 million, or 32 cents per share, a year earlier.
Source: Reuters
Workday's revenue rises 57 pct on higher subscriptions

May 26- Workday Inc posted a 57 percent rise in quarterly revenue, helped by strong subscription growth for its web-based human resource management software. The company's revenue rose to $251 million in the first quarter ended April 30 from $159.7 million a year earlier. Net loss widened to $61.6 million, or 33 cents per share, from $59.4 million, or 32 cents per...
Source: Reuters