Ibm Stories
Cisco Systems: First-Quarter Results Beat Expectations
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Tech IPOs: Will Groupon Tempt Facebook, Others Now?
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Cisco Systems: Nervous Investors Await Profit News
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
HP Weighing Sale of WebOS Unit
Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
Cisco Systems: Could Profit Pickup Show Doldrums Over?
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
The Bank of Technology: Top 10 Leaders have $300 Billion in Cash, Investments
Forget about the quarterly earnings. Just look at what’s in their treasuries. An IBTimes compilation of 10 of the top technology leaders determined they are sitting on a record $301.3 billion in cash and investments.
IBM Bolsters Security Portfolio with Threat Analysis
IBM, the world’s No. 2 computer services company, has created a security services division to enable enterprises to combat cyber-threats, hackers and penetrations.
Lexmark CEO: Software a Boon but ‘Headwinds’ Trim Revenue Growth
Lexmark International CEO Paul Rooke predicted the printer giant will keep boosting profits because of software advantages but warned “economic headwinds” may trim fourth-quarter revenue.
SAfrica's Altech in talks for $60m Kenya firm -source
South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.
Who are the Top 10 Women in U.S. Technology?
Nobody would ask who the top five men are in U.S. technology because their ranks fill the executive suites at Intel, Apple, Texas Instruments, Google, Microsoft, Nvidia, Motorola Mobility. But finding the women is harder because there are fewer, especially at the CEO level, where they can really influence the company and the industry.
More Companies Shed Light on Political Spending
More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.
Euro Crisis: U.S. Tech Vendors Mostly Dodged Bullets
Now that most U.S. technology companies have reported quarterly results, the upshot is that they largely dodged any bullets from the European economic crisis.
IBM Promotes Its First Woman CEO
IBM has announced that, for the first time in its history, it will have a woman, Virginia Ginni Rometty, run the company.
Rometty Becomes IBM's First Woman CEO: Top 10 Women CEOs Who Impacted the Tech Industry
Rometty could be the next Meg Whitman if she's lucky or the next Carol Bartz if she's not.
Infosys Seeks Acquisitions Worth up to $700M
Infosys Ltd, India's No.2 software services exporter, is looking for acquisitions worth up to $700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday.
Social Media: IBM Report Investigates Triangular Relationship Between You, Businesses and Tech Giants
An IBM report reveals the triangular relationship between consumers, businesses and social media networks.
IBM High-Power Analyzer Helps Carrier Detect Glitches
IBM’s Netezza unit introduced a high-powered analytics accelerator intended to help wireless carriers solve crucial network management glitches.
Fujitsu profit sags, pegs hopes on H2 IT spending
Fujitsu Ltd <6702.T> said its quarterly operating profit fell 35 percent, dragged down by losses in its devices business, sluggish IT spending in Japan and a strong yen, but it stuck to its full-year profit forecast on hopes for a pickup in IT spending in the October-March period.
Virginia Rometty to take over as CEO of IBM on January 1
IBM has announced that Virginia Rometty will take over on January 1 as President and CEO from Sam Palmisano.
IBM Taps Rometty to Succeed Palmisano as CEO
IBM global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in January, becoming one of the most powerful women in business and technology today.
Instant view: IBM CEO Palmisano will hand reins to sales chief
IBM CEO Sam Palmisano will hand over the reins to global sales chief Virginia Rometty from 2012, ending a near-decade-long reign during which he helped transform Big Blue from a PC hardware company into a global services behemoth.
IBM names Rometty to succeed Palmisano as CEO
IBM CEO Sam Palmisano will hand over the reins to global sales chief Virginia Rometty from 2012, ending a reign of nearly a decade during which he helped transform Big Blue from a PC hardware company into a global services behemoth.
IBM’s Palmisano Retires; Rometty to be First Woman CEO
IBM said it elected Virginia Rometty as president and CEO, succeeding Samuel Palmisano, 60, who will retire after 10 years in the post. Rometty will become the first woman in 101 years to lead IBM.
Apple’s Cash Pile: Making You Pay More for ‘Insanity’
Apple now may have more cash and securities available than any other company, at least $81.5 billion at the end of its fourth quarter ended Sept. 24.
Apple TV the Final Frontier for Steve Jobs?
Several Steve Jobs profiles suggest that he was interested in conquering TV. We investigate the possibility.
Is Israel's romance with Nasdaq over?
Israeli technology companies, once the darlings of New York's Nasdaq, have turned their backs on the exchange and are looking for suitors to acquire them.
Xerox Profit Beats Street, Shares Rise
Xerox Corp's. profit and revenue rose in third-quarter as it signed more long-term deals to provide business services to companies.
Global Risk Assets Hit in U.S. Session: 3 Reasons Why
Global risk assets were weighed down during Wednesday's U.S. session on a barrage of negative headlines.
Apple Earnings Miss Wipes Out $22 Billion; Leaves it No. 2
Apple shares lost 5.6 percent of their value Wednesday after narrowly missing analyst estimates for fourth quarter earnings.
U.S. Stocks in Negative Territory, Tech Shares Plunge [CHART]
U.S. stocks are down Wednesday on disappointing earnings from the tech sector.


