Ibm Stories
Two Madoff programmers arrested for role in fraud
Two computer programmers provided technical support to falsify documents and trading records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said.
Japan's freeze on supercomputers marks end of era
Japan may freeze spending on supercomputers, dealing a blow to a crippled sector and threatening brain drain in a country that prides itself on technological prowess.
HP to buy 3Com for $3.1 billion
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
Why is Oracle fighting so hard for Sun's MySQL?
Oracle Corp has allowed regulatory approval of its $7 billion acquisition of Sun Microsystems Inc to drag on for months due to controversy over a database that most users get for free.
Celestica seeks healthcare acquisitions: CEO
Contract electronics maker Celestica Inc is examining 14 companies in the healthcare industry as possible acquisition targets, its chief executive said on Tuesday.
Former HP Chief Fiorina running for Senate
Former Hewlett-Packard Co chief and Silicon Valley star Carly Fiorina said on Wednesday that she would run as a Republican candidate for the U.S. Senate from California, taking on liberal Democrat Barbara Boxer.
MySQL founder: rival Oracle not Microsoft
The main rival to Sun's MySQL database has always been Oracle not Microsoft, the creator of MySQL said, as Europe nears an antitrust decision on Oracle's proposed $7 billion purchase of Sun.
IBM replaces exec charged in insider trading case
IBM has replaced senior executive Robert Moffat as the head of its hardware division, saying he left the company two weeks after he was arrested in a high-profile insider trading scandal.
IBM board approves $5 billion stock repurchase
IBM said its board approved an additional $5.0 billion in share repurchases, bringing the company's total stock buyback program to $9.2 billion in a reflection of its strong cash flow.
Galleon insider trading web extends back to 1990s
An informant in the Galleon Group insider trading scandal had a history of sending tips to the firm, according to a court document that surfaced on Friday.
Microsoft results top expectations, shares jump
Microsoft Corp's results smashed Wall Street expectations on Friday, sending its shares up 7 percent, as the PC market improved and sales of its Windows software and Halo video game were stronger than expected.
Microsoft quarterly results top expectations
Microsoft Corp's quarterly profit and revenue beat Wall Street expectations, sending shares of the world's largest software maker sharply higher on Friday.
EU says Oracle fails to dispel concerns on Sun deal
The European Union told Oracle Corp on Wednesday that it has failed to produce hard evidence to placate concerns that its purchase of Sun Microsystems Inc would hurt competition.
Lam Research posts Q1 profit, sees strong Q2 revenue
Chip gear maker Lam Research Corp posted a surprise profit as it cut costs and benefited from strong shipments, and forecast second-quarter revenue above analysts' expectations, sending its shares up 4 percent.
IBM veteran exec put on leave after insider arrest
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
Google goes global with Apps
Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.
IBM veteran exec on leave after insider arrest
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
Daily Outlook - Oct 19
Bernanke's Imbalances; $5 billion Derivatives Takeover Deal; Google's App Boast
Risks to global equity rally
Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.
Apple's on a roll, but iPhone sales pivotal
Apple Inc is once again expected to top Wall Street's estimates when it unveils quarterly earnings today, but it may have to beat by a lot to drive an already lofty share price higher.
Google goes global with Apps, has 2 million customers
Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.
U.S. charges billionaire Rajaratnam with record insider trading
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.
U.S. charges billionaire Rajaratnam with insider trading
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.
Stock futures signal gains; eyes on GE, BofA
U.S. stock index futures pointed to a higher open on Wall Street on Friday, as investors awaited key earnings reports from conglomerate General Electric and Bank of America .
Asia shares give up early gains, yen slides
Asian shares gave up early gains on Friday, with interest rate speculation pressuring assets in South Korea and China, while a bounce in the British pound continued to depress the yen and oil hit a one-year high above $78.
Google, IBM round out strong tech results week
Google Inc and IBM rounded out a strong week of technology results, outstripping already high expectations and providing further evidence that a recovery is brewing.
IBM raises full-year outlook, posts higher profit
IBM raised its full-year outlook and reported higher-than-expected quarterly profit on Thursday as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending.
Tech Earnings Round Up - Oct 14
Google Inc. reported a 27 percent increase in third-quarter profit, surpassing analysts' estimates, following a boost in online ads and e-commerce.
IBM raises outlook, reports higher profit
IBM on Thursday raised its full-year outlook and reported higher-than-expected quarterly profit as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending.
Stock index futures edge higher; results eyed
U.S. stock index futures pointed to a slight increase in equities on Thursday after the Dow Jones Industrial average index pierced the 10,000 level in the previous session.