Ibm Stories
IBM to create a 20 petaflop supercomputer
IBM has announced a supercomputer with computing power of 2 million laptops, faster-and-speedier than its own supercomputer released just seven months ago.
Change Leadership
Kellogg School professors weigh in on the management lessons awaiting President Barack Obama
U.S. stocks open with gains, financials rebound
U.S. stocks climbed on Wednesday after tumbling steeply Tuesday on worries that governments would be forced to take over banks to avoid a financial meltdown.
IBM accused of anti-competitive tactics
T3 Technologies Inc will file an antitrust complaint with the European Commission on Tuesday accusing IBM of abusing its power in the mainframe computer industry.
IBM profit up 12 pct gain in 4Q, surpassing forecasts, shares up
International Business Machines Corp. reported Tuesday a gain of 12 percent on its fourth quarter surpassing forecasts and breaking the trend of dismal results in technology companies hit by the economic crisis.
IBM Lotus debuts with new partnerships
International Business Machines Corp., the world's third-biggest software maker, will release an online version of its Lotus programs, LotusLive, in an effort to attract new customers.
Rumor has it that IBM will cut its workforce by 16,000
With the situation in all the sectors worsening the New Year is proving to be no good for neither companies nor employees.
Techs Stocks Edge Higher as HP falls, Yahoo Rises
Technology stocks rose slightly on Tuesday on as Hewlett-Packard shares sank after announcing it would acquire EDS and a report that activist investor Car Icahn is mulling a proxy fight for making changes to the board of directors at Yahoo.
HP Services Sales with EDS Will More than Double
Hewlett-Packard's services sales will more than double from fiscal 2007 after its acquisition of EDS with combined yearly revenues of $38 billion, the company said on Monday.
Weak dollar helps some U.S. companies, hurts non-U.S.
The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts...
Tech Mixed after Early Slump
Technology related stocks rose Friday afternoon while tax-maker Intuit stumbled after reporting a drop in second quarter profit.
IBM and SAP to develop joint software
Services and software companies IBM (IBM.N: Quote, Profile, Research) and SAP (SAPG.DE: Quote, Profile, Research), longtime technology partners, will bring out their first joint software product in the fourth quarter of this year, the two companies said on Monday.
Sun Acquires Database MySQL for $1 Bln
Sun Microsystems Inc. announced plans on Wednesday to buy MySQL, an open-source database software company for a proposed $1 billion.
IBM's Strong 4Q Results Boost Tech Sector
International Business Machines Corp. (IBM) posted strong results for its fourth fiscal quarter on Monday, beating analysts expectations on good results from its international divisions and boosting the overall tech sector.
U.S. Stocks Jump on Strong IBM Results
U.S. stocks rallied on Monday after IBM Corp. reported better-than-estimated preliminary fourth quarter earnings, boosting technology shares and pushing the Dow Jones Industrial Average to a gain of more than 100 points. Shares of IBM, the world's biggest computer-services provider, rose the most in five years.
UBS Forecasts Lower PC Sales in 08: Tech Stocks Down
Technology stocks ended lower on Monday as many of the sector's major players tumbled giving the Nasdaq its seventh consecutive day fall, its longest losing streak since June 2006.
Lenovo unveils consumer PCs
China's Lenovo Group Ltd introduced its first consumer computers in the United States on Wednesday, expanding in a region it entered in 2005 with the purchase of IBM's PC business. The unveiling of three new notebook computers with advanced features is part of a broader expansion by Lenovo into the global consumer PC market. The company also plans to sell the new consumer computers in ...
IBM acquires Israel-based XIV for undisclosed sum
International Business Machines Corp. said on Wednesday it had acquired XIV, a privately held storage technology company based in Tel Aviv. Financial terms were not disclosed.
Toshiba to join IBM, others on chip development
Toshiba Corp said on Tuesday it would join a group led by International Business Machines Corp to develop system chips using 32-nanometre circuitry, as chip makers increasingly team up to cut development costs.
IBM says breakthrough speeds supercomputer on chip
IBM says it has made a breakthrough in converting electrical signals into light pulses that brings closer the day when supercomputing, which now requires huge machines, will be done on a single chip.
HP outpaces IBM in server war
Emerging markets and the need for more storage helped push server revenue higher in the third quarter, with market leader Hewlett Packard retaining the lead.
IBM in big push to build data centers for clients
IBM is staking out a major new source of business helping clients like banks or retailers manage data centers on a par with Internet players such as Google or Microsoft, a top official said on Wednesday.
Oracle Unveils new Application Server
Today, at Oracle’s OpenWorld conference, executives introduced Oracle’s latest 10g application server.
IBM to buy Cognos for $5 billion
IBM (NYSE:IBM) said on Monday it would buy Canada's Cognos Inc (Nasdaq:COGN) for $5 billion, snapping up the last major independent maker of business intelligence software.
Ads in Web videos seen missing mark
Ads before videos irritate consumers, raising the risk they'll ignore the promotion or leave the Web site.
Wall St. hit by tech, credit jitters
Stocks fell on Friday, hit by a drop in technology shares, including Microsoft Corp, on concern about the profit outlook, while news of more credit losses dragged on financial services companies.
IBM seen launching major data security initiative
International Business Machines Corp is launching a major initiative to drive sales in the data security market, including $1.5 billion in spending next year on marketing and product development, the Wall Street Journal reported Thursday in its online edition.
IBM and Taiwan's Mediatek launch chip R&D project
IBM and Taiwan's top chip design firm Mediatek Inc said on Monday they are jointly launching a research and development project to develop ultra-fast chipsets to tap into growth in the consumer market.
Sony to sell PS3 chip production lines to Toshiba
Sony Corp will sell its production facilities for making key microchips used in its PlayStation 3 game console to Toshiba Corp, pulling back from the heavy investment needed.
Intel results boost chip shares; IBM falls
Intel Corp shares rose 4.3 percent on Wednesday as its better-than-expected quarterly report helped boost other microchip shares, even as fellow technology heavyweight International Business Machines Corp posted lower hardware sales.