TECHNOLOGY

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IBM raises outlook but shares retreat

IBM raised its full-year outlook and reported stronger-than-expected quarterly results as companies increased spending on software and IT consulting, but the news failed to excite investors who had already begun to price in a strong recovery.

IBM raises outlook modestly, results beat

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IBM nudged up its outlook for the full year and reported stronger-than-expected results as more companies bolstered spending on software and consulting on hopes of a sustained recovery for the technology sector.

IBM raises outlook modestly but shares retreat

IBTimes Logo
IBM raised its full-year outlook and reported stronger-than-expected quarterly results as companies increased spending on software and IT consulting, but the news failed to excite investors who had already begun to price in a strong recovery.
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Lenovo eyes rapid mobile Internet growth

Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
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LCD makers' outlook improves on strong TV demand

Top Asian LCD makers are set to report upbeat quarterly results and may forecast robust demand as buoyant TV sales and new product launches such as Apple's iPad reinforce a recovery in the sector.
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RIM says video is big challenge to networks

Research in Motion Ltd says it is far from certain that video will become the killer app that defines smartphones, but even so the BlackBerry maker says developing more efficient delivery is necessary to prevent video from choking airwaves.
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Countries to release anti-piracy text as deal nears

Countries negotiating a deal to curb trade in fake and pirated goods are close to reaching an agreement in talks that have raised concerns among digital rights advocates, U.S. trade officials said on Friday.
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Speedy scanner re-writes book on publishing technology

TOKYO (Reuters Life!) - Simply flipping through a book may not seem like the best to way to scan it, but a Japanese research group at Tokyo University has created new software that allows hundreds of pages to be scanned within minutes.
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AMD revenue beats Street but shares fall

Advanced Micro Devices Inc reported better-than-expected first-quarter revenue as PC and server spending rebounded, but investors cashed out of a rally triggered by stellar Intel Corp results.
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Microsoft says investigating China factory report

Microsoft Corp said on Thursday it was investigating charges that young workers at a factory in China making its mice, cameras and Xbox controllers suffer overlong working hours and harsh treatment.
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Shrek, the Web, transform Tribeca Film Festival

Known as a champion of independent filmmakers, the Tribeca Film Festival shifts into a new gear and embraces the future of film when it opens next week with a 3D Shrek movie and online streaming for Web audiences.
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Germans target nine suspects in HP bribery probe

German authorities say they have targeted nine suspects, including former staff of Hewlett-Packard Co , in a probe into whether the world's top PC maker paid bribes to win business in Russia.
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Toshiba U.S. PC sales surge, slates coming

Toshiba Corp's personal computer sales in the United States jumped 50 percent in the first quarter, and the company said it was preparing to roll out tablet-style computing devices later this year to compete with Apple Inc's iPad.
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PC sales surge in Q1, helped by business demand

Global personal computer shipments rose sharply in the first quarter, according to industry estimates released on Wednesday, as businesses finally began to spend again on technology equipment.
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Five Big mistakes your tax form will find

Linda Stern is a freelance writer. Any opinions in the column are hers. You can follow Linda Stern's financial notes on Twitter at http://www.twitter.com/lindastern
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Apple delays iPad's international launch

Apple Inc said it would delay for one month the international roll-out of its iPad tablet computer, due to heavy demand and swift sales after its launch in the United States.
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Intel, Apple boost Nasdaq

U.S. stocks extended gains on Wednesday, with the Nasdaq up more than 1 percent, on stronger-than-expected quarterly results from bellwethers, including chipmaker Intel Corp .
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Intel's knock-out Q2 props up tech sector hopes

Intel Corp's sales and margin forecasts trounced Wall Street expectations, reinforcing hopes for an acceleration in the tech sector's recovery and boosting the chip maker's stock 4 percent.
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Market gains modestly; Intel rises late

Stocks eked out a gain on Tuesday as investors looked ahead to earnings from big banks and tech bellwethers, even as disappointing revenue from Alcoa Inc acted as a headwind.
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Intel beats Street view, shares jump

Intel Corp reported a 44 percent surge in first-quarter revenue and delivered a current-quarter forecast ahead of Wall Street expectations, boosting the chipmaker's stock by 4 percent.

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