Ibm Stories
Stocks drop on euro zone fears, but recover later in session
Stocks fell, but finished significantly above intra-day lows, as the market recovered somewhat from early losses triggered by renewed fears that the euro zone debt crisis could spread beyond Ireland to Portugal and Spain.
US stocks plunge on eurozone concerns
US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
US futures point to flat opening
Futures on major U.S. indices point to flat opening on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
Black Friday Online Spending Rises
The U.S. online retail sector delivered double digit growth on Black Friday 2010 compared with the year-ago levels, according to a report from IBM. The findings showed that online sales rose 15.9 percent, with consumers pushing the average order value up 12.1 percent to $190.80.
Netflix moves to Amazon cloud from Oracle and IBM high costs
Netflix has moved its video-on-demand streaming service to the cloud, taking its datacenter to Amazon Web Services EC2 (AWC), citing the need for agility and the high cost of running Oracle on IBM as its primary motive.
Novell keeps UNIX copyrights away from Microsoft; 882 patents still in play
Novell's Chief Marketing Officer John Dragoon said on Wednesday that UNIX copyrights are in Novell's hands, quieting fears that Microsoft had clinched its UNIX copyrights.
Attachmate To Buy Novell In $2.2B Deal
Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.
IBM’s Supercomputers Pass The Green Test
The company's next generation Blue Gene supercomputer was the most energy-efficient as rated by Green500.org
China's got the fastest, but US has the greenest supercomputer in IBM's Blue Gene/Q
China has trumped US to gain the top spot for the fastest supercomputer but IBM's Blue Gene, Blue Gene/Q, has been crowned the most energy-efficient of all supercomputers.
Flaws in guest visa worker programs add to US unemployment misery
The US guest workers programs design needs an immediate and substantial in the wake of high unemployment in the nation.
IBM's new storage architecure to beef up data analytics speed
IBM unveiled its new storage architecture that doubles the analytics processing speed specifically suited for cloud computing and data intensive workloads.
How much iPhone worth as standalone business?
iPhone, just three years old and already attained cult status, has catapulted Apple (AAPL) to one of the largest technology companies in the world.
US Tech M&A Booming
The stage is set for another wave of mergers and acquisitions in the U.S. technology sector as the big players, who are flush with cash and looking to expand their horizon, are acquiring aggressively in quest for new products and technology.
Standpoint Research starts Cisco with 'buy'
Standpoint Research has initiated coverage on Cisco Systems with a 'buy' rating and a price target of $24 and analyst Ronnie Moas said the market has overreacted to the company's weak outlook.
IBM to lead joint research with 15 European partners
IBM will be leading a joint research initiative of 15 European partners to develop smart cloud storage architecture, which is likely to improve the global delivery of rich data and storage services across boundaries of countries and vendors.
While HP, Oracle spar over CEOs IBM wins 400 of their clients
While Oracle and HP's altercation over CEOs continued, nearly 400 of their clients switched to IBM servers and storage systems.
US heats up supercomputer battle with China; building two 20-petaflop systems
After being dethroned by China as the world's fastest supercomputer maker, US has upped the ante and is creating two 20-petaflop supercomputers to reclaim the top position for the most powerful supercomputer.
Oracle, Apple team up for OpenJDK for Mac OS X
Oracle and Apple have announced the OpenJDK project for Mac OS X, a move that will make Apple's Java technology available to open source developers.
IBM Gives $50 Million To 100 Municipalities
Company will look to help cities become smarter through technological innovation.
US stocks decline; Cisco shares plunge 16 pct
U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
IBM introduces security initiative for cloud computing
IBM Corp has introduced a new security initiative to make cloud computing safer.
Amidst high unemployment in U.S., guest worker programs under fire
In the current economic malaise of high pervasive unemployment and growing uneasiness over immigration, the H-1B visa program (among others) has come under tremendous criticism.
Mobile, cloud computing to dominate software apps, IT deliveries in next 5 yrs, says survey
Mobile and cloud computing technology will dominate enterprises as these two emerge as the most in-demand platforms for software application development and IT delivery over the next five years, an IBM survey report said.
U.S. prosecutors ask 6 months prison for ex-IBM exec
U.S. prosecutors on Monday recommended a six-month prison term for Robert Moffat, a former IBM executive who pleaded guilty in the Galleon hedge fund insider trading probe.
Dell to buy storage company 3PAR for $1.15 billion
Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its offering of data center products to compete with rivals like IBM.
Supercomputer to be used in Australia to battle glaucoma
The arrival of Victoria's supercomputer at the University of Melbourne marks a significant time for hundreds of thousands of Australian with glaucoma as they get to access a much more accurate data about their worsening sight.
Cisco CEO Chambers stokes fears of downturn 2.0
Cisco Systems Inc CEO John Chambers' comments on the economy sent jitters through financial markets on Thursday, stoking fears that a recovery in technology spending could be waning.
IBM, Oracle end lawsuit over poaching executives
IBM Corp and Oracle Corp have agreed to end a cross-country legal battle over a 31-year IBM veteran that Oracle chief Larry Ellison hired away from his arch-rival in June.
IBM and Aetna tie up to offer clinical support service
IBM and Aetna Inc on Thursday jointly launched a service aimed at helping hospitals improve patient care by making better use of electronic medical records and other digital data.
HP agrees to settle government kickback probe
Hewlett-Packard Co said on Monday it has agreed to settle a U.S. Justice Department probe into an alleged kickback scheme related to government technology contracts.