Ibm Stories
Infosys Q4 profit rises, but slower outlook hits shares
Infosys Ltd , India's No.2 software services exporter, posted a 27.4 percent rise in quarterly profit on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.
IBM Sets ‘Smart Charge’ Deal With Honda, PG&E
International Business Machines Corp. said it would partner with the U.S. unit of Honda Motor Co. and PG&E Corp. to use the cloud for optimium charging of electric cars.
Micron Shares Gain After $1B Notes Offering
Shares of Micron Technology (NYSE: MU), the only U.S. independent maker of memory chips, rose 5 percent after it announced plans to sell convertible senior notes valued at $1 billion.
IBM Unveils Latest Expert Integrated Systems PureSystems
IBM, on 11 April, launched PureSystems - the first offering in a new category called Expert Integrated Systems.
Rometty Managed Masters Snub With Class, Unlike Augusta National
Two women college presidents, joined by a former colleague, denounced Augusta National Golf Club for snubbing IBM CEO Virginia Rometty at the Masters Golf Tournament. She handled the whole affair with dignity.
IBM Sets ‘PureSystems’ Model For Cloud Services
International Business Machines Corp. (NYSE: IBM), the No. 2 computer services provider, announced a new campaign called “PureSystems” to sell computers and software for cloud computing.
IBM targets rivals with info tech maintenance product
IBM is taking aim at competitors such as Hewlett Packard Co and Oracle Corp with PureSystems, a new product line that helps companies reduce time and money spent on increasingly complex information technology maintenance.
Xbox 720 Rumor: Will A 16-Core CPU Power Next-Gen Microsoft Kinect?
The successor to the Xbox 360 -- dubbed the Xbox 720 by gaming journalists -- is reported to contain a 16-core CPU that could power the next generation of Microsoft Kinect game consoles.
Splunk, ‘Big Data’ Analyzer, Prices IPO At Top Of Range
Splunk Inc., a developer of software that helps companies analyze data, plans to sell 13.5 million shares for $8 to $10 in its initial public offering.
Bubba Watson Wins Masters In A Sudden-Death Playoff
Two weeks ago, Bubba Watson had neither major golf championship titles nor children. Today, he has one of each. Watson's playoff victory over Louis Oosthuizen on Sunday was the 15th in Masters Tournament history -- and the ninth since the tourney adopted the sudden-death format in 1976.
Technology Focus: 5 Things To Note Before Earnings Flood Starts
Technology investors are about to endure the quarterly torrent of earnings reports, starting Thursday with Google (Nasdaq: GOOG) and escalating next week with other top names.
SAP Named Worldwide Market Share Leader For Business Intelligence In 2011: Gartner
German software giant SAP has been named the overall market share leader in the worldwide business intelligence (BI) market, which spans BI platforms, corporate performance management (CPM) suites, analytic applications and performance management.
BRICS Investment: U.S. Giants Sending Investment Dollars Abroad
So far this week, U.S. industrial giants have announced nearly $3 billion will be invested in new operations and research in Brazil, China and India three cornerstone members of the BRICS countries.
Masters Golf: IBM Won't Comment On CEO's Possible Ban
Historically, the CEO of a corporate sponsor of the tournament, which began Thursday in Georgia, congratulates the Masters winner. But Augusta National has been a men-only club since its 1933 founding.
IBM Strikes $1B Deal With Brazil Mogul Batista
The U.S. titan will provide technology services to Eike Batista's EBX Group and acquire a 20 percent stake in EBX subsidiary SIX Automacao.
RIM In Play: 5 Prospective Bidders For BlackBerry
Now that Canadian telecommunications powerhouse Research in Motion (Nasdaq: RIMM) has a new boss and a new outlook, the BlackBerry developer is in play. Here are some prospective buyers.
Cisco Sets Investments Topping $1 Billion for Brazil, India To Boost BRICS Footprint
Cisco Systems (Nasdaq: CSCO), the top provider of Internet gear, announced plans to invest more than $1 billion in new initiatives in Brazil and India.
Xbox 720 Vs. PlayStation 4: Who Stands Where, So Far
Both the Xbox 720 and PlayStation 4 are rumored gaming consoles that are making rounds on the internet with several blogs and websites dedicated to them and their rumored specifications.
IBM’s ‘Cosmic Contract’ To Yield Dividends In ‘Big Data’ Computer Design
IBM (NYSE: IBM) and the Netherlands Institute for Radio Astronomy announced a five-year deal for computer support for the world’s most sensitive telescope.
RIM Shares Jump 7% On Takeover, Recovery Plays
Friday's surge may have been a reaction to RIM's new CEO, Thorsten Heins, who said he's conducting a strategic review of the company, indicating a sale of some or all of its assets is possible.
RIM’s Biggest Shareholder Critic: Company Gone 'In A Year’
Victor Alboini, whose Toronto-based fund firm began buying RIM shares last August and pulled in other investors such as Leon Cooperman's Omega Advisers, is doubtful the BlackBerry maker can survive much longer.
Memo To Thorsten: Here's How You Can Rebuild RIM
Now that new RIM CEO Thorstein Heins has shown he's taking aggressive action, here are some more ways to turn RIM around.
RIM Reboot: New CEO Reports Loss; Ousts Co-Founder Balsillie
Research In Motion Ltd. (Nasdaq: RIMM), the BlackBerry developer, reported a net loss of $125 million, or 24 cents a share, for the fourth quarter,
as revenue plunged 25 percent to only $4.19 billion.
Startup Basho Challenging Oracle In Database, Cloud Markets
Basho, a four-year-old startup, is challenging giants like Oracle (Nasdaq: ORCL) and EMC (NYSE: EMC) in the database market as well as new products for the Cloud, or Internet-based computing.
RIM 4Q Earnings Preview: Can BlackBerry Maker Reboot Success?
Investors wonder if Research In Motion Ltd., which reports quarterly results Thursday, can rebound from recently anemic performance due to falling sales of its BlackBerry device. RIM's turnaround is being led by Thorsten Heins, who took over as CEO in January.
Strange Doings: Yahoo Sues, Facebook Arms: Why?
Facebook (NYSE: FB), the No. 1 social network that wants to complete its initial public offering, is spending more on lawyers these days.
Yahoo Shares Mixed As Proxy Battle Looms
Shares of Yahoo were mixed Monday as it appeared a proxy fight looms for its board of directors.
New iPad 3: Without Tim Cook, the Apple Tablet Would Have Cost $5,000 Instead of $500
When it became clear that Steve Jobs was very ill, everybody was wondering who will take the lead, and whether the successor would ever fill Jobs' huge shoes. Steve Jobs was, after all, an incredible visionary, a creative genius, and many believed that Apple would dramatically fail without him.
Technology Focus: Don’t Forget The Chips
Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.
Apple's devoted shareholders get rich, and hang on
When Anton Marinovich turned 18, his grandmother gave him $1,000 with strict instructions to invest in the stock market. He chose Apple Inc