Ibm Stories
EU warms to Oracle-Sun deal
EU regulators signaled they could clear Oracle Corp's $7 billion takeover of Sun Microsystems Inc, after the U.S. software company promised measures to ease competition concerns.
Ex-IBM exec denies SEC charges on Galleon
A former senior IBM Corp executive denied being involved in a sprawling hedge fund insider trading case and asked a court on Wednesday to dismiss civil charges by the U.S. Securities and Exchange Commission.
Getting Into The Christmas Spirit German Style, Part Two – Nuremberg, Germany
In part one of Getting Into The Christmas Spirit German Style, I spoke of how Saxony helped get me into the Christmas spirit. In this article, I got further into the Christmas spirit by taking in some of the
Q3 server revenue falls 15.5 pct, IBM remains No. 1-Gartner
Worldwide server revenue tumbled 15.5 percent in the third quarter to $10.7 billion, industry tracker Gartner said on Monday, with four of the top five vendors posting double-digit declines from a year ago.
IBM to buy start-up Guardium for $225 million: report
IBM , the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million, Israeli financial newspaper TheMarker reported.
HP triples stock buyback plan, profit up 14 percent
Hewlett-Packard Co tripled the size of its share repurchase program to $12 billion as China sales and better profit margins on its services boosted quarterly earnings.
Lazard names Kenneth Jacobs as CEO
Lazard Ltd on Tuesday named insider Kenneth Jacobs as CEO and chairman, succeeding legendary Wall Street dealmaker Bruce Wasserstein, who died last month.
IBM's new service jumps on cloud computing bandwagon
IBM launched a new cloud computing service on Monday, aiming to take on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc.
HP-3Com deal raises stakes in tech M&A battle
Major technology companies seem to be launching multibillion-dollar acquisitions every other week, and those who don't join the race may be at risk of getting run over.
U.S. arrests and charges two Madoff programmers
Two computer programmers designed codes to falsify thousands of fake trade blotters and phantom records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said.
HP still seen looking for deals after 3Com
Hewlett-Packard Co's $3.1 billion play for 3Com Corp will help the technology giant expand its product portfolio amid rapid industry consolidation -- and few think HP is done shopping.
Two Madoff programmers arrested for role in fraud
Two computer programmers provided technical support to falsify documents and trading records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said.
Japan's freeze on supercomputers marks end of era
Japan may freeze spending on supercomputers, dealing a blow to a crippled sector and threatening brain drain in a country that prides itself on technological prowess.
HP to buy 3Com for $3.1 billion
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
Why is Oracle fighting so hard for Sun's MySQL?
Oracle Corp has allowed regulatory approval of its $7 billion acquisition of Sun Microsystems Inc to drag on for months due to controversy over a database that most users get for free.
Celestica seeks healthcare acquisitions: CEO
Contract electronics maker Celestica Inc is examining 14 companies in the healthcare industry as possible acquisition targets, its chief executive said on Tuesday.
Former HP Chief Fiorina running for Senate
Former Hewlett-Packard Co chief and Silicon Valley star Carly Fiorina said on Wednesday that she would run as a Republican candidate for the U.S. Senate from California, taking on liberal Democrat Barbara Boxer.
MySQL founder: rival Oracle not Microsoft
The main rival to Sun's MySQL database has always been Oracle not Microsoft, the creator of MySQL said, as Europe nears an antitrust decision on Oracle's proposed $7 billion purchase of Sun.
IBM replaces exec charged in insider trading case
IBM has replaced senior executive Robert Moffat as the head of its hardware division, saying he left the company two weeks after he was arrested in a high-profile insider trading scandal.
IBM board approves $5 billion stock repurchase
IBM said its board approved an additional $5.0 billion in share repurchases, bringing the company's total stock buyback program to $9.2 billion in a reflection of its strong cash flow.
Galleon insider trading web extends back to 1990s
An informant in the Galleon Group insider trading scandal had a history of sending tips to the firm, according to a court document that surfaced on Friday.
Microsoft results top expectations, shares jump
Microsoft Corp's results smashed Wall Street expectations on Friday, sending its shares up 7 percent, as the PC market improved and sales of its Windows software and Halo video game were stronger than expected.
Microsoft quarterly results top expectations
Microsoft Corp's quarterly profit and revenue beat Wall Street expectations, sending shares of the world's largest software maker sharply higher on Friday.
EU says Oracle fails to dispel concerns on Sun deal
The European Union told Oracle Corp on Wednesday that it has failed to produce hard evidence to placate concerns that its purchase of Sun Microsystems Inc would hurt competition.
Lam Research posts Q1 profit, sees strong Q2 revenue
Chip gear maker Lam Research Corp posted a surprise profit as it cut costs and benefited from strong shipments, and forecast second-quarter revenue above analysts' expectations, sending its shares up 4 percent.
IBM veteran exec put on leave after insider arrest
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
Google goes global with Apps
Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.
IBM veteran exec on leave after insider arrest
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
Daily Outlook - Oct 19
Bernanke's Imbalances; $5 billion Derivatives Takeover Deal; Google's App Boast
Risks to global equity rally
Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.