International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, said it will start providing services in the cloud for consumer electronics makers, starting with Dutch giant Philips Electronics (NYSE: PHG).
Workday, the human-resource software company started by PeopleSoft founder David Duffield, filed for a $400 million initial public offering sometime later this year.
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer company, set a new 52-week low of $16.77 on Thursday, after posting a record third-quarter loss last week and reducing earnings estimates for the current quarter.
Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, announced its first tablet a year after withdrawing the TouchPad after it bombed with consumers.
Patent expert Alexander Poltorak, CEO and chairman of General Patent Corporation, advocates multi-tier patent system, specialized patent courts and arbitration forums as the key facilitators for the speedy resolution of increasing number of patent disputes and dubs patents as the new currency in Knowledge-Based Economy.
Printer specialist Lexmark International Inc. (NYSE: LXK) said it will fire 1,700 employees, mainly in the Philippines, as part of strategy to exit its aging inkjet printer business. The move came after the company reported lower income and revenue, industry experts forecast lower PC sales as well as competition from No. 1 printer maker Hewlett-Packard (NYSE: HPQ).
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, introduced its most powerful server for enterprises, the zEnterprise EC 12 mainframe, which it said cost as much as $1 billion to develop. The unit is intended for enterprises that can manage their own systems but also shift data processing to the cloud.
This month has been the busiest August on record for global corporate bond issuance as low-risk free yields on government bonds pushed investors to find better returns in corporate credit.
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it will pay about $1.6 billion to acquire Kenexa Corp. (NYSE: KNXA), for its human-resources software cloud technologies.
Now that 2012 is two-thirds over, it’s already time to label it, like the Asians do. Unlike 4709, it’s not the Year of the Dragon. It’s the Year of Anticipation.
Facebook Inc. (Nasdaq: FB)'s stock may be sinking, but it is forging ahead with an expansion to its campus in Menlo Park, Calif., designed by the renowned architect Frank Gehry.
Hewlett-Packard Co swung to an $8.9 billion quarterly loss as personal computer sales shrank again and it swallowed a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp.
Dell (Nasdaq: DELL), the No. 3 PC maker, reported second-quarter results that missed analyst?s estimates. Worse, the company said it expected third-quarter performance to fall below expectations.
International Business Machines Corp. (NYSE: IBM), the no. 2 computer maker that?s also one of the biggest chipmakers, said it plans to acquire private Texas Memory Systems to bolster its offerings in the flash-memory sector crucial for new servers and mobile products.
The Apple stock (AAPL) has emerged a market favorite ahead of the September 12 event, cited to be the probable launch date for next-generation iPhone, iPhone 5 and iPad Mini. Witnessing a huge rally for the last few days, the stock closed August 20 at an all-time high of $665.15 resulting in a market capitalization value of $665.15 billion.
Dell is scheduled to report second-quarter results Tuesday below last year?s. For the first time, the company founded by Chairman Michael S. Dell nearly 30 years ago in a dorm room will be ranked No. 3 in PC sales, having lost its No. 2 ranking last quarter to China?s Lenovo Group.
Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
The famously all-male Augusta National Golf Club has officially admitted its first female members -- former Secretary of State Condoleezza Rice and business executive Darla Moore.
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
Cisco Systems (Nasdaq: CSCO) reproted fourth-quarter results that exceeded analyst estimates.
Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK.B) dumped its shares of Intel Corporation (Nasdaq: INTC) last quarter and cut its stake in The Procter & Gamble Company (NYSE: PG) while boosting its exposure to oil refining and oil services.
Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.