IT Industry

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Citrix to cut 900 jobs as a 'defensive' move

Citrix Systems announced better than expected financial results for the last quarter along with a restructuring plan that will see 900 jobs being cut.

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Amazon tape

Amazon returns to profit as holiday sales soar

Amazon reported a jump in sales for the last quarter -- and a return to profit.

man reading newspaper layoffs jobs

EMC plans layoffs in wake of weakened outlook

Storage giant EMC will soon start handing out pink slips as part of a new restructuring effort prompted by a weakened financial outlook.

Facebook CEO Mark Zuckerberg

Facebook reports strong Q4 as mobile ad sales keep growing

Roughly 69 percent of Facebook's revenue for the quarter ended Dec. 31 came from mobile ads.

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Event fosters software and STEM entrepreneurs for education

About 100 educators, parents and technology pros converged last weekend at Crossroads Academy in downtown Kansas City, Missouri, for an event called Startup Weekend Education—KC.

Update: Apple posts record sales, says Watch to ship in April

Record revenue from iPhone and Mac sales helped Apple bring in $74.6 billion in revenue last quarter, up from $57.6 billion a year earlier.

Yahoo to spin off its stake in Alibaba

Yahoo will spin off its stake in Alibaba Group to form a new investment company.

Microsoft

Update: Microsoft results lifted by cloud products, but profit drops

Microsoft's overall revenue for the last three months of 2014, totaled $26.5 billion, up 8 percent from the year before.

dropbox phone

Dropbox buys Pixelapse to add version control for visual designers

Dropbox has acquired visual design version control startup Pixelapse, adding another arrow to its competitive quiver.

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AT&T to acquire Nextel Mexico assets for $1.9B

AT&T has agreed to acquire mobile carrier Nextel Mexico for $1.9 billion from parent company NII Holdings, in an effort by AT&T to win a larger slice of the Mexican mobile market.

Box CEO Aaron Levie at the open of the New York Stock Exchange

Box rides high on Wall Street

Box made a splashy entrance on the New York Stock Exchange Friday.

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A Doomsday Clock reading guide

The Bulletin of Atomic Scientists has moved its Doomsday Clock to three minutes to midnight, setting it two minutes forward. Among the newer threats: hackers, artificial intelligence and climate change.

Linus Torvalds diversity gaffe brings out the best (and worst) of the open source world

Comments by Linus Torvalds have prompted a new debate on the role of meritocracy, diversity and inclusiveness in the open-source community.

mergers

Amazon to acquire Israeli startup Annapurna Labs for data center muscle

Amazon.com is to acquire a semiconductor startup in Israel, which has been operating secretively since it was set up in 2011.

Cloud gears machine production

As Box's IPO looms, so do challenges

The road to an initial public offering is rarely smooth, but Box's journey has been one of the bumpier ones.

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EBay to cut 7% of workforce, looks to spin-off Enterprise unit

EBay will cut roughly 7% of its total workforce, or 2,400 workers, and is considering a sale or IPO of its Enterprise unit.

IBM eyes more cloud acquisitions to find a path to growth

IBM said revenue for the last quarter declined across all major segments -- hardware, software and services.

A man is silhouetted against a video screen with a Facebook logo

Facebook thinks it's charged the global economy, but analysts are skeptical

According to Facebook, the company hasn't just changed the face of social networking. It's also boosted the global economy and put millions of people to work.

outsourcing blue glow

New H-1B bill will 'help destroy' U.S. tech workforce

Legislation that would hike the H-1B visa cap is drawing criticism and warnings that it will lead to an increase in offshoring of tech jobs.

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