On the same day that IBM posted one of its worst quarters in eight years — at least according to this analyst — word leaked that it might be trying to sell its x86 server business to China's Lenovo Group.
The news first broke yesterday by Kevin McLaughlin at CRN and today CRN's Joseph Kovar vaguely confirmed that Lenovo was in "preliminary talks," with somebody, though Lenovo wouldn't say it was IBM...
In case you haven't been paying attention, IBM's stock has been on a tear of late, more than doubling off the 2009 low.
That may not sound particularly impressive--the market as a whole has doubled off the 2009 low--but IBM's stock didn't collapse the way the rest of the market did during the financial crisis. Also, the stocks of some of IBM's big competitors have fared far worse over this period.
An electric car that can go from Boston to Detroit on a single charge could hit showroom floors sometime in the next decade, if all continues to go smoothly for IBM.
Yes, IBM. The company, best known these days for its trivia-champ computer Watson, is making a risky bet on the development of lithium-air battery technology in a bid to accelerate adoption of electric vehicles.
Facebook has just bought some troll repellant in the form of 750 patents for networking, software, and other technologies from IBM according to Bloomberg. If Yahoo relies any of those technologies, Facebook could use the patents to counteract Yahoo’s patent infringement lawsuit against it.
The purchase means Facebook may be in less danger for now, but it doesn’t stop Yahoo from trolling other companies with its vague social networking and advertising patents.
A year ago, IBM's Watson supercomputer bludgeoned human supernerds Ken Jennings and Brad Rutter in Jeopardy. Since then, Watson's been putting its natural language interpretation skills to work for health care organizations, but now it's coming for the money: As of yesterday, Watson works for Citigroup, one of the biggest financial corporations in the world.
If you imagine the first smartphone–like its predecessor the regular cellular phone–to be a monstrous and monochromatic block of plastic, you’d be correct. In 1992 IBM showcased the IBM Simon at the 1992 COMDEX (Computer Dealers’ Exhibition); in doing so they introduced the world to the first smartphone and it was just the kind of enormous brick one would expect from the first phone/computer mashup.
IBM ran into an interesting problem last quarter. It had a product so popular, that it literally ran out of stock. But that won't stop it from releasing the umpteenth new version of it tomorrow.
IBM has recently set plans to refine and develop battery technology that would allow electric cars to measure ranges of up to 500 miles on a single charge.
It’s no secret that there are many criticisms levied towards electric vehicles (EVs). While some contain more validity than others, one of the more relevant issues concerning EVs centers on range anxiety and the ability of an electric car to get you to your final destination. According to an article in NewScientist, IBM is looking to address and solve the limited range issue by pioneering new battery technology that may allow for extended ranges of up to 500 miles – pushing EVs into a range where they would be able to compete with most gas-powered cars.
Mike Loria is a guy that startups dream of meeting. He acquires companies for IBM.
IBM said it would spend $20 billion on acquisitions by 2015 and it's been on a buying frenzy. The company has announced or closed seven acquisitions in about three months.
Mike Loria is a guy that startups dream of meeting. He acquires companies for IBM.
IBM said it would spend $20 billion on acquisitions by 2015 and it's been on a buying frenzy. The company has announced or closed seven acquisitions in about three months.
Data storage has long been a function of Moore's Law. But researchers at IBM say it's time to throw that equation out the window and start from the atomic level rather than waiting for the limits of physics to be halted at the same place.
IBM says "smarter" supply chains is a $20 billion opportunity.
It's willing to buy itself a piece of that action. So today it acquired Emptoris, a company with 725 employees based in Burlington, MA.
IBM is buying DemandTec, a marketing analytics company, for $440 million.
It's the third big cloud acquisition in the past two months.
SAP just acquired SuccessFactors for $3.4 billion and Oracle made a $1.5 billion bid for RightNow.
IBM is paying $13.20 per share, a 57 percent premium on its current price of $8.43 before market open.
The four big software vendors -- Microsoft, Oracle, IBM, and SAP -- have hidden motives that customers need to understand, otherwise they might be pushed into buying products and services that don't fit their needs.
Superstar investor Warren Buffett has purchased a 5.5-per cent stake in International Business Machines Corp. Momentarily setting aside his traditional distaste for technology stocks.
Warren Buffett, the legendary investor and head of Berkshire Hathaway, just said on CNBC that he has spent $10.7 billion to buy about 64 million shares — about 5.5 percent — of equity in computing giant IBM.
The company tomorrow will detail a pilot project that couples solar power with water-cooled servers that run on high-voltage direct current. The method results in about a 10 percent energy savings by reducing the losses that normally happen in converting from alternating power from the grid to the direct current servers run on, according to Kota Murali, the chief scientist of nanotechnology at IBM India who developed the pilot as a side project.
International Business Machines Corp. (IBM) passed Microsoft Corp. (MSFT) to become the world’s second-most valuable technology company, a reflection of industry changes including the shift away from the personal computer.
IBM’s market value rose to $214 billion yesterday, while Microsoft’s fell to $213.2 billion. It’s the first time IBM has exceeded its software rival based on closing prices since 1996, according to Bloomberg data. IBM became the fourth-largest company by market value, based on yesterday’s closing price, and, in technology, trails only Apple Inc. (AAPL), the world’s most valuable company.
Google adds another 1,023 patents to its Android defense strategy.
In its continuing efforts to shore up Android’s legal defenses against Apple and other companies, Google has purchased 1,023 more patents from IBM.
