The Associated Press Twitter account yesterday was hacked an briefly broadcasted to the world an unprecedented national crisis. “Two Explosions in the White House and Barack Obama is injured,” tweeted the @AP. The Dow plummeted nearly 100 points following the tweet, briefly losing $100 billion, but quickly recovered after the news was found to be ...

VMware Inc.’s first-quarter earnings declined 9.3% amidst realignment charges. Though services revenue and core earnings improved, shares fell 6.8% to $70.80 after hours as the company lowered its full-year revenue guidance and offered weak estimates for the second quarter. Translation: expect less from us this year. VMware has a business built on virtualizing your environment, ...

Jeffrey W. Ubben, founder of ValueAct Capital Management LP disclosed that his firm owns about $2 billion in Microsoft Corp. stock, about 1 percent of Microsoft’s total shares outstanding. Ubben stated that the value of the software giant’s businesses wasn’t appreciated by other investors. Having his head in the clouds, and in a good way, ...

Altoona, Iowa. I’d never heard of it either. However, in a project that is being touted as “the most technologically advanced data center in the world,” Facebook is building a $1.5 billion data center in Altoona, Iowa. The project is expected to be completed in two $500 million phases and leaders have already given it ...

It is predicted that on today’s earnings call Apple will make history with its biggest second-quarter sales yet, and log its first decline in profit in 10 years. Analysts anticipate in today’s second-quarter earnings report Apple to post earnings of $10.12 per share on sales of $42.6 billion. That’s down from earnings of $12.30 per share, and ...

We aren’t going to know for sure if it was in fact the saving grace, but Surface tablets might have saved Microsoft’s Windows division. Here’s the odd part: IDC reported last week that worldwide PC shipments plummeted 14 percent in the first quarter of the year, the steepest decline ever since IDC started watching the ...

You have to go back to early 2005 to find a quarter where IBM didn’t at least meet Wall Street’s expectations on reported profits. I see your 27-game winning streak Miami Heat, and raise you four. (IBM had met or exceeded profit report expectations of Wall Street for some 31 consecutive quarters). The stock market ...

Home now from the #OpenStack Summit in Portland, the key question is, what is the future of software-led infrastructure? As the software continues to change, engineers and their companies’ infrastructures take center stage. Software’s ability to interact with infrastructure is the future of software development. That future focuses on the apps and data you need ...

The US House of Representatives has once again passed the Cyber Intelligence Sharing and Protection Act (CISPA), now the second time, by an overwhelming margin of 288 to 127. Despite major privacy concerns that exist in the bill, the crux of the issue boiled down to this: did the CISPA bill successfully addressed criticism from civil ...

Back in 2011, or 200 years ago in Internet time, Red Hat announced an important acquisition when it acquired Gluster, an open source storage software company. John Mark Walker – Gluster Community Lead at Red Hat, stopped by as our last guest for our #OpenStack Summit 2013 coverage by #theCube. Co-Hosts John Furrier and Jeff ...