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DST Systems initiates cash dividend of 30 cents


NEW YORK a ' Weyerhaeuser Co., which has been hemorrhaging cash because of the moribund U.S. housing market, said Tuesday it is cutting its quarterly dividend again, this time by 80 percent.




VMware to repurchase up to 0M of Class A stock


VMware Inc., which makes software used in corporate data centers, said Tuesday its board has approved a plan to repurchase up to 0 million of its Class A shares through the end of 2011.




Microsoft: More Windows Mobile 6.5 phones to come


Microsoft has confirmed to Pocket-lint that it will continue to support its Windows Mobile 6.5 operating system for some time yet following the announcement of Windows Phone 7 Series at Mobile World Congress in Barcelona.




The Sims 3 Ambitions announced


The Sims 3 expands again. Electronic Arts has announced the latest expansion to the Sims franchise in the form of The Sims 3 Ambitions.




Columbia's Integral Systems to buy CVG and Avtec subsidiary


Integral Systems Inc. of Columbia announced Friday that it will pay .7 million to acquire CVG Inc.




Infosys plans wage hikes in April: reports


Infosys Technologies, India's No. 2 IT services exporter, plans to raise wages for all its staff by 8-12 per cent in April on a rebound in demand for outsourcing services, media reports said on Thursday.




S1 Corp. 4Q profit up 86 percent


Financial-services software provider S1 Corp. said Friday profit for the fourth quarter rose 86 percent as revenue improved and expenses fell.




Google takes aim at Microsoft with DocVerse acquisition


Google Inc stepped up its assault on Microsoft Corp's productivity software business with the acquisition of a small start-up company that allows Microsoft users to edit their documents on the Web.




Microsoft to sell phone on Verizon by summer-source


Microsoft Corp is aiming to launch two phones that will be sold by top U.S. mobile operator Verizon Wireless in late spring or early summer, a person briefed on the matter said on Thursday.


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