Ibm Stories
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.
Apple Shares Drop 4 Percent After Earnings Miss
Apple shares opened down about 4.3 percent after the world’s most valuable company reported fourth-quarter results that narrowly missed analyst estimates.
Apple’s Report: Annual Revenue Tops $108 Billion
Apple reported full-year revenue of $108 billion, firmly establishing it as one of the world’s top technology companies. Fourth-quarter earnings of $6.2 billion exceeded analyst estimates, but revenue of $28.3 billion fell slightly shy of them.
Oracle Snaps Up Endeca, Bolsters Unstructured Data Line
Oracle announced plans to acquire privately held Endeca, a leader in business intelligence analysis to explore unstructured data.
Apple’s Earnings: Watch for First $100 Billion Year
While Apple’s fourth quarter results won’t be known until late Tuesday, one thing is nearly certain: for the first time annual revenue will exceed $100 billion, maybe by as much as $10 billion.
IBM shares fall as tech-spend worries loom
Shares of IBM fell 5 percent in pre-market trading on Tuesday after Big Blue's third-quarter beat failed to stem worries about a slowdown in tech spending.
BofA Merrill ups IBM price target on growth prospects
BofA Merrill Lynch raised its price target on shares of IBM following the company's third-quarter beat, and said it expected the blue chip to cut costs further, given the slowdown in IT spending.