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IBM will be leading a joint research initiative of 15 European partners to develop smart cloud storage architecture, which is likely to improve the global delivery of rich data and storage services across boundaries of countries and vendors.

While Oracle and HP's altercation over CEOs continued, nearly 400 of their clients switched to IBM servers and storage systems.

After being dethroned by China as the world's fastest supercomputer maker, US has upped the ante and is creating two 20-petaflop supercomputers to reclaim the top position for the most powerful supercomputer.

Oracle and Apple have announced the OpenJDK project for Mac OS X, a move that will make Apple's Java technology available to open source developers.

Company will look to help cities become smarter through technological innovation.

U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.

IBM Corp has introduced a new security initiative to make cloud computing safer.

In the current economic malaise of high pervasive unemployment and growing uneasiness over immigration, the H-1B visa program (among others) has come under tremendous criticism.

Mobile and cloud computing technology will dominate enterprises as these two emerge as the most in-demand platforms for software application development and IT delivery over the next five years, an IBM survey report said.

U.S. prosecutors on Monday recommended a six-month prison term for Robert Moffat, a former IBM executive who pleaded guilty in the Galleon hedge fund insider trading probe.

Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its offering of data center products to compete with rivals like IBM.

The arrival of Victoria's supercomputer at the University of Melbourne marks a significant time for hundreds of thousands of Australian with glaucoma as they get to access a much more accurate data about their worsening sight.

Cisco Systems Inc CEO John Chambers' comments on the economy sent jitters through financial markets on Thursday, stoking fears that a recovery in technology spending could be waning.

IBM Corp and Oracle Corp have agreed to end a cross-country legal battle over a 31-year IBM veteran that Oracle chief Larry Ellison hired away from his arch-rival in June.

IBM and Aetna Inc on Thursday jointly launched a service aimed at helping hospitals improve patient care by making better use of electronic medical records and other digital data.

Hewlett-Packard Co said on Monday it has agreed to settle a U.S. Justice Department probe into an alleged kickback scheme related to government technology contracts.

European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market.

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European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market.

Signs point to strong results for Microsoft Corp as companies get around to buying computers after a two-year drought, but its stock may find it tough to gain altitude amid worries about where growth will come from in coming years.

IBM on Thursday unveiled a new mainframe computer called zEnterprise, which it said was the most powerful mainframe ever and is more cost-efficient than previous-generation products.

Oil held steady near $77.50 on Wednesday, as rising stock markets and a forming Atlantic storm countered mixed U.S. inventories and disappointing housing data. U.S. crude for September, the front month-contract after Tuesday's expiry of August, shed 10 cents to $77.48 a barrel at 12:06 a.m. ET. ICE Brent fell 14 cents to $76.08.

The Australian Dollar has opened higher after the Reserve Bank of Australia (RBA) said the next rate movement was all but dependent on official inflation data due next week.

Shares in Nokia jumped on Tuesday on news that the world's top cellphone maker has sent out headhunters to find a replacement for Chief Executive Olli-Pekka Kallasvuo.

Stock index futures were lower on Tuesday after technology bellwethers International Business Machines and Texas Instruments posted quarterly revenues that fell shy of expectations.

Stock index futures were lower on Tuesday after technology bellwethers International Business Machines and Texas Instruments posted quarterly revenues that fell shy of expectations.

Futures for the S&P 500, Dow Jones and Nasdaq were down 0.2 to 0.3 percent at 900 GMT (5 a.m. EDT), pointing to a lower open on Wall Street on Tuesday.

Gold regained strength on Tuesday as jewelry makers resurfaced after the price dropped to its weakest in nearly two months, while investors looked to movements in other markets for further cues. A drop in Japanese shares also spurred buying from speculators, who are keeping an eye on U.S. corporate earnings and Federal Reserve Chairman Ben Bernanke's comments on the economy on Wednesday. Silver and palladium firmed, but platinum tracked equities lower.

Texas Instruments said weaker-than-expected orders from one mobile phone customer, identified as Nokia by some analysts, caused second-quarter revenue to miss Wall Street forecasts.