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Post-Market NASDAQ Movers (NLST, VNET, CYTX, SWSH, ACXM, SYMC, GURE, URBN, Z, ARRS, TTWO)
The top after-market NASDAQ Stock Market gainers are: Netlist, 21Vianet Group, Cytori Therapeutics, Swisher Hygiene, Acxiom, and Symantec. The top after-market NASDAQ Stock Market losers are: Gulf Resources, Urban Outfitters, Zillow, Arris Group, and Take-Two Interactive Software.
Who's afraid of big tech? Not Buffett, who buys IBM stake
Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.
Dell: Earnings May Hint if PC Giant Moving More Upscale
Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
Buffett sheds tech aversion with big IBM investment
Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.
Five Reasons Why Warren Buffett Finally Bought IBM
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
Buffett Builds $10.7 Billion Stake in IBM
Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Cloud Computing is Key for Oracle: Analyst
Cloud computing could be key for Oracle's (NASDAQ:ORCL) future and the company's recent acquisition of RightNow implies it is making the right moves in this space.
Buffett builds $10 billion stake in IBM
Berkshire Hathaway has accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.
Cisco Shares Keep Rising as Chambers Wins Plaudits
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
IBM Starts Selling Security Software Patch for Smartphones, Tablets
IBM said it will sell a new security software patch to enterprises to ensure mobile devices like smartphones and tablets are secure. The move is part of a new emphasis on computer security.
China's Suning signs deal with IBM for e-commerce
China's Suning Appliance Co Ltd, the country's biggest electronics retailer has signed an agreement with IBM to build a multi-billion e-commerce platform, both companies said in a statement on Friday.
Cisco Systems Shares Soar After Solid Profit Report
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
U.S. Stocks Plunge on Europe’s Debt Woes: What Should Investors Do?
The Dow Jones Industrial Average (DJIA) registered another difficult day Tuesday, plunging 389 points to 11,781 on institutional investor concern that Italy will not be able to service its debt, and that one, and possibly more countries may leave the Eurozone. What's the prudent stance for the typical investor?
Cisco Systems: First-Quarter Results Beat Expectations
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Tech IPOs: Will Groupon Tempt Facebook, Others Now?
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Cisco Systems: Nervous Investors Await Profit News
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
HP Weighing Sale of WebOS Unit
Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
Cisco Systems: Could Profit Pickup Show Doldrums Over?
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
The Bank of Technology: Top 10 Leaders have $300 Billion in Cash, Investments
Forget about the quarterly earnings. Just look at what’s in their treasuries. An IBTimes compilation of 10 of the top technology leaders determined they are sitting on a record $301.3 billion in cash and investments.
IBM Bolsters Security Portfolio with Threat Analysis
IBM, the world’s No. 2 computer services company, has created a security services division to enable enterprises to combat cyber-threats, hackers and penetrations.
Lexmark CEO: Software a Boon but ‘Headwinds’ Trim Revenue Growth
Lexmark International CEO Paul Rooke predicted the printer giant will keep boosting profits because of software advantages but warned “economic headwinds” may trim fourth-quarter revenue.
SAfrica's Altech in talks for $60m Kenya firm -source
South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.
Who are the Top 10 Women in U.S. Technology?
Nobody would ask who the top five men are in U.S. technology because their ranks fill the executive suites at Intel, Apple, Texas Instruments, Google, Microsoft, Nvidia, Motorola Mobility. But finding the women is harder because there are fewer, especially at the CEO level, where they can really influence the company and the industry.
More Companies Shed Light on Political Spending
More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.
Euro Crisis: U.S. Tech Vendors Mostly Dodged Bullets
Now that most U.S. technology companies have reported quarterly results, the upshot is that they largely dodged any bullets from the European economic crisis.
IBM Promotes Its First Woman CEO
IBM has announced that, for the first time in its history, it will have a woman, Virginia Ginni Rometty, run the company.
Rometty Becomes IBM's First Woman CEO: Top 10 Women CEOs Who Impacted the Tech Industry
Rometty could be the next Meg Whitman if she's lucky or the next Carol Bartz if she's not.
Infosys Seeks Acquisitions Worth up to $700M
Infosys Ltd, India's No.2 software services exporter, is looking for acquisitions worth up to $700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday.
Social Media: IBM Report Investigates Triangular Relationship Between You, Businesses and Tech Giants
An IBM report reveals the triangular relationship between consumers, businesses and social media networks.
IBM High-Power Analyzer Helps Carrier Detect Glitches
IBM’s Netezza unit introduced a high-powered analytics accelerator intended to help wireless carriers solve crucial network management glitches.