Ibm Stories
IBM in talks to buy Sun Microsystems: report
IBM is in talks to buy Sun Microsystems Inc for at least $6.5 billion, The Wall Street Journal reported, in a deal that could bolster their computer server products against rivals such as Hewlett-Packard Co.
Oracle and NEC take virtualization crown
Oracle’s said on Monday that its virtualization software racked up the world’s fastest performance on an industry standard benchmark.
Cisco to sell servers aimed at data centers
Cisco Systems Inc will start to sell computer servers targeted at data centers, a move that pits the company against partners such as Hewlett-Packard Co and IBM.
IBM develops 3D patient record software
Physicians at Thy-Mors hospital in Denmark and IBM have developed patient record software that uses a three-dimensional computer model of the human anatomy to visualize a patient's medical information.
Report: IBM CEO estimated earnings at $21 Mln in 2008
IBM Corp.'s chairman and chief executive, Sam Palmisano, received a compensation package that is calculated to be worth nearly $21 million in 2008, slightly higher than the year before, according to reports.
IBM Outranks all Technology Companies
In ranking of the 100 best corporate citizens by CRO Magazine, IBM ranked No. 3 overall outranking all other information technology companies on the list.
IBM's new Software allows Face to face Meeting
IBM created a software allowing people to meet in a virtual world face to face. The new software called Sametime 3d allows people to meet, exchange instant messages, chat verbally and share presentations and ideas in private, prefabricated, reusable meeting spaces located in a variety of virtual worlds.
IBM keeps 2009 outlook and sees services growth
IBM affirmed its full-year profit outlook on Thursday and forecast growth in its services business in the first quarter, in sharp contrast to many technology companies that have scaled back expectations.
IBM keeps 09 outlook
Top technology services company IBM affirmed its full-year earnings outlook and said results in January signaled growth in services contract signings in the first quarter, lifting the shares nearly 3 percent.
Contract signings for its business services have grown so far this year, IBM said in the filing with the U.S. Securities and Exchange Commission.
Recognizing that it is stil...
IBM keeps 2009 outlook
Top technology services company IBM affirmed its full-year earnings outlook and said results in January signaled growth in services contract signings in the first quarter, lifting the shares nearly 3 percent.
Stocks fall as Obama fails to deliver details
Stocks fell on Wednesday as President Barack Obama's first address to Congress shed little new light on how he plans to stabilize the economy and shore up banks, and gloomy home sales data fed the negative sentiment.
Obama said in his speech on Tuesday night the United States would emerge stronger from the ongoing crisis, but investors found little in what he said to spur buying after the market...
Wall Street slides to 12-year low
Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system.
The S&P 500 and the Dow both posted their lowest closes since the spring of 1997 as reports the government may convert its stake in Citigroup into a big common stock holding fell short of what many see as necessary to fix big banks.
It is generally...
Wall St slides to 12-year low as confidence sinks
Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system.
The S&P 500 and the Dow both posted their lowest closes since the spring of 1997 as reports the government may convert its stake in Citigroup into a big common stock holding fell short of what many see as necessary to fix big banks.
It is generally...
Dow tumbles to 11-year low on fear about banks
The Dow Jones industrial average fell to an 11-year low on Monday as investors dumped shares on uncertainty about the latest potential U.S. government action to shore up beleaguered banks.
Making matters worse, worries about a fall-off in business and consumer spending on technology hurt the biggest names in the tech sector. IBM and Hewlett-Packard were the top drags o...
IBM unveils cloud computing strategy
IBM unveiled Tuesday its cloud computing technology, which stores information and runs applications in shared computing facilities to users over the Internet, and announced the new head of the cloud computing division.
IBM's Tivoli Storage Manager improves data management
International Business Machines Corp. (IBM) announced software designed for reducing cost.
IBM's Tivoli Storage Manager improves data management feature
International Business Machines Corp. (IBM) announced software designed for reducing cost.
IBM to create a 20 petaflop supercomputer
IBM has announced a supercomputer with computing power of 2 million laptops, faster-and-speedier than its own supercomputer released just seven months ago.
Change Leadership
Kellogg School professors weigh in on the management lessons awaiting President Barack Obama
U.S. stocks open with gains, financials rebound
U.S. stocks climbed on Wednesday after tumbling steeply Tuesday on worries that governments would be forced to take over banks to avoid a financial meltdown.
IBM accused of anti-competitive tactics
T3 Technologies Inc will file an antitrust complaint with the European Commission on Tuesday accusing IBM of abusing its power in the mainframe computer industry.
IBM profit up 12 pct gain in 4Q, surpassing forecasts, shares up
International Business Machines Corp. reported Tuesday a gain of 12 percent on its fourth quarter surpassing forecasts and breaking the trend of dismal results in technology companies hit by the economic crisis.
IBM Lotus debuts with new partnerships
International Business Machines Corp., the world's third-biggest software maker, will release an online version of its Lotus programs, LotusLive, in an effort to attract new customers.
Rumor has it that IBM will cut its workforce by 16,000
With the situation in all the sectors worsening the New Year is proving to be no good for neither companies nor employees.
Techs Stocks Edge Higher as HP falls, Yahoo Rises
Technology stocks rose slightly on Tuesday on as Hewlett-Packard shares sank after announcing it would acquire EDS and a report that activist investor Car Icahn is mulling a proxy fight for making changes to the board of directors at Yahoo.
HP Services Sales with EDS Will More than Double
Hewlett-Packard's services sales will more than double from fiscal 2007 after its acquisition of EDS with combined yearly revenues of $38 billion, the company said on Monday.
Weak dollar helps some U.S. companies, hurts non-U.S.
The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts...
Tech Mixed after Early Slump
Technology related stocks rose Friday afternoon while tax-maker Intuit stumbled after reporting a drop in second quarter profit.
IBM and SAP to develop joint software
Services and software companies IBM (IBM.N: Quote, Profile, Research) and SAP (SAPG.DE: Quote, Profile, Research), longtime technology partners, will bring out their first joint software product in the fourth quarter of this year, the two companies said on Monday.
Sun Acquires Database MySQL for $1 Bln
Sun Microsystems Inc. announced plans on Wednesday to buy MySQL, an open-source database software company for a proposed $1 billion.


