Ibm Stories
IBM's Strong 4Q Results Boost Tech Sector
International Business Machines Corp. (IBM) posted strong results for its fourth fiscal quarter on Monday, beating analysts expectations on good results from its international divisions and boosting the overall tech sector.
U.S. Stocks Jump on Strong IBM Results
U.S. stocks rallied on Monday after IBM Corp. reported better-than-estimated preliminary fourth quarter earnings, boosting technology shares and pushing the Dow Jones Industrial Average to a gain of more than 100 points. Shares of IBM, the world's biggest computer-services provider, rose the most in five years.
UBS Forecasts Lower PC Sales in 08: Tech Stocks Down
Technology stocks ended lower on Monday as many of the sector's major players tumbled giving the Nasdaq its seventh consecutive day fall, its longest losing streak since June 2006.
Lenovo unveils consumer PCs
China's Lenovo Group Ltd introduced its first consumer computers in the United States on Wednesday, expanding in a region it entered in 2005 with the purchase of IBM's PC business. The unveiling of three new notebook computers with advanced features is part of a broader expansion by Lenovo into the global consumer PC market. The company also plans to sell the new consumer computers in ...
IBM acquires Israel-based XIV for undisclosed sum
International Business Machines Corp. said on Wednesday it had acquired XIV, a privately held storage technology company based in Tel Aviv. Financial terms were not disclosed.
Toshiba to join IBM, others on chip development
Toshiba Corp said on Tuesday it would join a group led by International Business Machines Corp to develop system chips using 32-nanometre circuitry, as chip makers increasingly team up to cut development costs.
IBM says breakthrough speeds supercomputer on chip
IBM says it has made a breakthrough in converting electrical signals into light pulses that brings closer the day when supercomputing, which now requires huge machines, will be done on a single chip.
HP outpaces IBM in server war
Emerging markets and the need for more storage helped push server revenue higher in the third quarter, with market leader Hewlett Packard retaining the lead.
IBM in big push to build data centers for clients
IBM is staking out a major new source of business helping clients like banks or retailers manage data centers on a par with Internet players such as Google or Microsoft, a top official said on Wednesday.
Oracle Unveils new Application Server
Today, at Oracle’s OpenWorld conference, executives introduced Oracle’s latest 10g application server.
IBM to buy Cognos for $5 billion
IBM (NYSE:IBM) said on Monday it would buy Canada's Cognos Inc (Nasdaq:COGN) for $5 billion, snapping up the last major independent maker of business intelligence software.
Ads in Web videos seen missing mark
Ads before videos irritate consumers, raising the risk they'll ignore the promotion or leave the Web site.
Wall St. hit by tech, credit jitters
Stocks fell on Friday, hit by a drop in technology shares, including Microsoft Corp, on concern about the profit outlook, while news of more credit losses dragged on financial services companies.
IBM seen launching major data security initiative
International Business Machines Corp is launching a major initiative to drive sales in the data security market, including $1.5 billion in spending next year on marketing and product development, the Wall Street Journal reported Thursday in its online edition.
IBM and Taiwan's Mediatek launch chip R&D project
IBM and Taiwan's top chip design firm Mediatek Inc said on Monday they are jointly launching a research and development project to develop ultra-fast chipsets to tap into growth in the consumer market.
Sony to sell PS3 chip production lines to Toshiba
Sony Corp will sell its production facilities for making key microchips used in its PlayStation 3 game console to Toshiba Corp, pulling back from the heavy investment needed.
Intel results boost chip shares; IBM falls
Intel Corp shares rose 4.3 percent on Wednesday as its better-than-expected quarterly report helped boost other microchip shares, even as fellow technology heavyweight International Business Machines Corp posted lower hardware sales.
Companies altering virtual world strategies
When Cisco Systems decided to enter the Second Life virtual world, things didn't turn out exactly as the network equipment supplier expected.
Google upgrades business e-mail
Google Inc is moving to attract big business users to its Google Apps service just a year after entering the software market, as the company said on Tuesday it is offering stepped up e-mail management services at no additional cost to paying users.
IBM inks contract for UK county joint venture
IBM said on Monday that it will set up a joint venture company that will run services for two counties in South West England, handling areas from computer systems to human resources, procurement and finance.
Adobe to acquire word processor maker Buzzword
Adobe Systems Inc plans to acquire Virtual Ubiquity, makers of Buzzword, an innovative word processor, in a surprise move that competes with Microsoft Corp and Google Inc.
US multinationals call on Congress to reject protectionism against China
Over 100 American multinational companies and a number of trade organizations petitioned Congress to reject protectionist legislation against China in Thursday.
Hitachi mulls comeback for struggling hard-disk unit
Japan's Hitachi Ltd is mulling options for its ailing hard disk drive business including bringing in a strategic investor to turn the business around, sources close to the matter said.
Business Objects is looking for a buyer: report
Business Objects, a French-American business intelligence software maker, is looking for a buyer and has appointed Goldman Sachs to find an investor, Le Figaro newspaper said.
Lenovo says overseas consumer set to drive growth
Lenovo Group Ltd., the world's third-largest PC maker, said on Thursday its nascent overseas consumer market will grow eventually to match the dominate position it enjoys in its home market.
Two IBM discoveries add promise for nano-computing
Imagine cramming 30,000 full-length movies into a gadget the size of an iPod.
Acer to buy Gateway, foils Lenovo
Taiwan's Acer will buy Gateway for $710 million, creating the world's No. 3 PC maker and doubling its U.S. presence while dealing a blow to arch-foe Lenovo's efforts to grow in Europe.
IBM sees future in Second Life, Web worlds
Once upon a time, people went to libraries to find books instead of surfing the Internet. Computer giant IBM now wants you to walk into three-dimensional Web worlds to browse virtual libraries.
Cisco, Microsoft says competing products to mesh
The top executives of Cisco Systems Inc. and Microsoft Corp. said on Monday that they would ensure their products work together, seeking to prevent customers from putting off buying decisions.
IBM to distribute Sun's Solaris server software
IBM has agreed to sell Sun Microsystems's Solaris Operating System software to IBM's customers in a deal that pits the competing computer hardware makers against shared rival Hewlett-Packard.


