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Oracle profits stagnant despite $8.6bn revenues, new CEOs tout cloud-focused future

Bulk of revenues still coming from traditional software sales, hardware unit sees losses

Sony Xperia Z1 Compact

Sony smartphone woes cost the company £1.03bn

Firm forecasts far larger losses as tough conditions hamper sales

Rackspace logo

Rackspace ditches sale plan, appoints new CEO

Share price slumps as no buyers are found

Visa to roll out Apple Pay across Europe in 2015

1.5 million terminals across the continent stand ready for Apple Watch and the iPhone 6 duo

Barclays and Hitachi unveil biometric security vein scanner

Severed digits and faked fingerprints are no longer a problem for corporate banking security

Google agrees $19m refund for Android app purchases with FTC

Figure is far lower than the total cost of refunds Apple was asked to make

EC crushes chip cartel with €138m fine for Samsung, Philips and Infineon

Six years of antitrust investigation come to an expensive conclusion for three major tech companies

AVG pays $220m for Location Labs to boost mobile security

Dutch firm snaps up US up-and-coming security player, and secures $300m loan

Coding error lands Deutsche Bank with a £4.7m FCA fine

Financial Conduct Authority takes strong action over software mistake that registered sells and buys the wrong way around

Salesforce posts $1.32bn revenue driven by software services

Healthy second quarter results indicate a major focus on propelling growth over profits

HP revenues rise to $27.6bn on PC growth but profits fall under $1bn

End of XP and new machines boosting sales, claims chief executive Meg Whitman

Government faces £224m payout to Raytheon over canned e-Borders projects

Another failed IT project from Whitehall to hurt taxpayers

Apple and Steve Jobs estate sued over no-poaching pact

Shareholder claims firm was harmed by its hands-off agreement with Google, Adobe and others

Cisco to cut 6,000 jobs after 2014 revenue slump

Networking giant sees revenues fall by three percent to $47.1bn

Dell founder reveals major Bitcoin server deal

Digital currency used for PowerEdge buy

FireEye and Fox IT to reunite Cryptolocker victims with their content

The firms are offering users an encryption key

LinkedIn agrees $6m payout over unpaid overtime and damages

Staff wanted to connect with what was owed to them

BlackBerry completes restructuring as CEO looks for growth

Internal memo confirms a headcount increase

TfL moots smartphone apps for Congestion Charge payments

Wants to do away with SMS-based payments

London needs 5G and better broadband to maintain top-dog status

Boris Johnson issues warning that London will fall from power if it does not prepare for future

Driverless cars to be tested on UK roads from 2015

UK government outlines plans to give self-driving cars access to public highways

Twitter posts $312m revenue as user base soars to 271 million

Share price rockets as investors soothed by growth

ICO fines marketing firm £50,000 for nuisance calls

Reactiv Media contacted citizens who had registered to not be contacted

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