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One of Watson's collaborators, Eric Nyberg from Carnegie Mellon University, shares the robot's strengths, weaknesses and its future.

IBM and Jeopardy! have teamed up to conduct an exhibition between two former Jeopardy! champions and Watson, a super-computer with advanced artificial-intelligence.

Watson had an up-and-down first round on Jeopardy! against the game's greatest contestants.

Watson finished its first (of three) round of bout against legendary human players Ken Jennings and Brad Rutter. It is tied for first with $5,000 with Rutter while Jennings has $2,000.

A man-versus-machine showdown on popular U.S. quiz show Jeopardy! ended in a tie on the first day of a three-day challenge, when an IBM computer showed off its knowledge of the Beatles, as well as a few glitches.

HP gobbles up Massachusetts-based data analytics company Vertica for an undisclosed price.

IBM's Watson computing system will take on two former Jeopardy! champions in the first man-machine match on the popular TV quiz show this February.

The Watson project won't end with Jeopardy! next week as IBM will collaborate with several universities to expand it.

Fujitsu Ltd and Oracle Corp plan to jointly develop next-generation Unix servers and expand their decades-old partnership to include a new distribution agreement, the companies said on Wednesday, as they battle to keep up with market leader IBM.

Motorola, which had a memorable year in 2010 with profitable smartphone sales, has come out with a teaser ad for its upcoming Motorola Xoom tablet.

Three big tech companies, HP, Intel and IBM, put their money into funding start-ups as part of a White House campaign.

IBM wants to dislodge Microsoft's desktop-bound business software by touting an update of its Lotus programs designed to harness the mobility and collaboration possible with cloud computing.

Exxon, IBM, Alcoa lead strong day for U.S. stocks

Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rivals such as Hewlett-Packard and Dell.

Xerox Corp issued a first-quarter profit forecast that was at the low end of Wall Street estimates and announced the retirement of its longtime finance chief, sending its shares down 8 percent.

The company continues expanding its cloud computing services in Asia with plans to build a center in Langfang City.

U.S. stocks advanced on restructuring news, strong economic forecast

Hewlett-Packard Co has decided to stop selling its Neoview data warehousing platform, after it failed to attract enough customers, according to two sources familiar with the matter.

Technology and retail stocks continue to drive market

Stocks rose in early Monday trading, lifted by natural resource shares on bets on global growth and a buyback plan at Intel that focused investor attention on the largecap technology sector.

Hewlett-Packard is making big changes to its board of directors, naming five new members and losing four.

While Chinese President Hu Jintao is being entertained by U.S. President Barack Obama, and the U.S. House of Representatives votes to repeal the Obama administration’s healthcare reform law, both U.S. healthcare and Sino-American relations are the main components today of a less highly publicized event.

US stocks traded mixed in early trade on Wednesday, following mixed earnings from financial heavyweights Goldman Sachs and Wells Fargo and a government report showed that U.S. housing starts fell more than expected in December.

World stocks reached their highest levels in nearly 2-1/2 years on Wednesday with the MSCI world equity index reaching 1324, the highest since August 2008.

The companies which are expected to see active trade on Wednesday are Apple, Goldman Sachs, eBay, IBM, Cree, Wells Fargo, U.S. Bancorp and Xilinx.

Futures on major U.S. indices point to a flat opening on Wednesday ahead of quarterly earnings from top investment bank Goldman Sachs and key housing data due to be released before market opens.

Nearly one-fifth of potential car buyers are either likely or very likely to consider purchasing an electric vehicle (EV) when the time comes to replace their current ride, according to a study conducted by IBM's Institute for Business Value division.

Apple Inc smashed Wall Street's sales forecasts for the holiday quarter, the day after announcing its Chief Executive Steve Jobs would take leave for medical reasons.

Hong Kong stocks are set to rise on Wednesday following a higher close on Wall Street which was supported by commodity-related counters and strong earnings from technology bellwethers Apple (AAPL.O) and IBM (IBM.N).