India IT exports picking up steam

Exports by India's flagship IT outsourcing industry are set to grow by 12 to 14 percent in the next financial year, an industry group said on Tuesday, suggesting signs of recovery.

Elliott offers to buy Compuware for $2.35B (Update)

(AP)—Compuware shares jumped 17 percent Monday, after one of its largest shareholders offered to buy the software development company for about $2.35 billion in a bid to turn it around.

One-fourth of Americans victims of data breach

Twenty-six percent of Americans have been told their personal information such as password or credit card number may have been exposed by a data breach, a survey showed Monday.

Soft maker Deltek to be taken private for $890.5M

(AP)—Deltek Inc. shares slid nearly 8 percent Monday after the business software company said that it was being bought by private equity firm Thoma Bravo LLC in a cash deal worth about $890.5 million.

New 'Gauss' virus found by Russia's Kaspersky Lab (Update)

A new computer virus tied to some of the most sophisticated cyberweapons thus-far discovered has been found circulating in the Middle East, a Moscow-based computer security company said Thursday. If a link were confirmed, ...

India's Infosys cuts revenue outlook, shares tumble

Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.

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