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Wednesday, February 11, 2015

Technology Report: Icahn values Apple at more than $1 trillion

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Icahn values Apple at more than $1 trillion
(Reuters) - Activist investor and major Apple Inc shareholder Carl Icahn said the iPhone maker's stock should be trading at $216, far above its record high of $124.92 hit on Wednesday.
Cisco revenue rises 7 percent on higher demand for switches, routers
(Reuters) - Network equipment maker Cisco Systems Inc CSCO.O reported a 7 percent rise in quarterly revenue, helped by higher demand for switching equipment and routers.
Exclusive-Survey: Trouble for Amazon Prime's two-day deliveries?
SAN FRANCISCO/CHICAGO (Reuters) - Inc packages ordered by its Prime members regularly arrived late over the holidays, a Reuters/Ipsos survey shows, reflecting the strain on the logistics network that transformed the company into an e-commerce powerhouse.
Experts warn 2015 could be 'Year of the Healthcare Hack'
NEW YORK/BOSTON (Reuters) - Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market.
Applied Materials revenue rises 7.7 percent
(Reuters) - Chip-equipment maker Applied Materials Inc reported a 7.7 percent rise in quarterly revenue as contract chip manufacturers spent more on technology used to make smartphone and memory chips.
Dating apps pose U.S. corporate security risk, says IBM
(Reuters) - The millions of people using dating apps on company smartphones could be exposing themselves and their employers to hacking, spying and theft, according to a study by International Business Machines Corp.
Telecity looks to 'cloud' growth with $2.2 billion Interxion deal
LONDON (Reuters) - British data center provider Telecity Group Plc has agreed a non-binding $2.2 billion all-share deal to buy New York-listed Interxion Holding NV, looking to tap growing demand for "cloud" technology.
Mithril, doubling down, leads $50 million investment in AppDirect
SAN FRANCISCO (Reuters) - San Francisco-based AppDirect, which helps developers and businesses create, use and sell apps, said it raised another $50 million in a funding round led by Mithril Capital Management, the same firm in charge of its last round.
Russian dual-screen YotaPhone places big bet on China
FRANKFURT (Reuters) - Russia's Yota Devices, the maker of a dual-screen smartphone which has so far proved a flop with consumers, has reached its first mass market distribution deal with an agreement to sell phones in China through state-backed Potevio Co. [CNPUTA.UL]
Dutch government website outage caused by cyber attack
AMSTERDAM (Reuters) - Cyber attackers crippled the Dutch government's main websites for most of Tuesday and back-up plans proved ineffective, exposing the vulnerability of critical infrastructure at a time of heightened concern about online security.
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