IBM

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IBM Trying to Buy Sun Micro
 IBM Trying to Buy Sun Micro 
Mar 18, 2009 7:09 AM CDT

IBM Trying to Buy Sun Micro

(Newser) - IBM is in talks to buy Sun Microsystems, sources tell the Wall Street Journal, in a deal that could be completed as early as this week. IBM would likely dole out at least $6.5 billion for Sun, a premium of more than 100% on yesterday’s closing price. Sun...

Tech Stocks Fall; Dow Down 80
 Tech Stocks Fall; Dow Down 80 
MARKETS
Mar 9, 2009 3:19 PM CDT

Tech Stocks Fall; Dow Down 80

Google remains below $300

(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79....

Dow Off 251; Lowest Close Since '97
 Dow Off 251; 
 Lowest Close Since '97 
MARKETS
Feb 23, 2009 3:09 PM CST

Dow Off 251; Lowest Close Since '97

Financials do better on reports of that nationalization will be gentle

(Newser) - Stocks fell today as concerns about waning global demand sank shares of giants like IBM, Hewlett-Packard, General Electric, and Alcoa, the Wall Street Journal reports. Citigroup bucked the trend on reports that a government takeover wouldn’t wipe out shareholders, and rose 11%. The Dow fell 250.89 to 7,...

Financials Kick Dow Up 279
 Financials Kick Dow Up 279 
MARKETS
Jan 21, 2009 3:22 PM CST

Financials Kick Dow Up 279

Stocks rebound after dismal Inauguration Day

(Newser) - A rebound in the financial sector today and qualified confidence in President Obama’s stimulus plan drove stocks to recover some of yesterday’s large losses, MarketWatch reports. The Dow gained 279.01 to close at 8,228.10. The Nasdaq added 66.21, closing at 1,507.07, and...

IBM Gives Stock Market Hope
 IBM Gives Stock Market Hope  
MARKET Open
Jan 21, 2009 8:47 AM CST

IBM Gives Stock Market Hope

At least in tech

(Newser) - Stocks bounced back at the open this morning, as tech sector hope outpaced financial sector gloom. The Dow climbed 126 points, while the Nasdaq and S&P jumped 2% and 1.7% respectively. IBM was the star of the show, after posting a 12% surge in fourth-quarter profits and an...

What Slump? Big Blue Sees Growth

IBM had a good Q4 and says its business services and software sales are solid

(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins...

Why This Recession Won't Be Another Dot-Com Bust

Despite layoffs, companies are better prepared

(Newser) - The tech industry is going through tough times, including widespread layoffs, but it's not going to be another dot-com bust, predicts the Economist, laying out the differences between 2001 and 2009. In 2000, technology companies grew nearly 16%, only to contract by 6% a year later. “The IT industry...

Humble Mouse Turns 40
 Humble Mouse 
 Turns 40 
Dec 9, 2008 2:39 PM CST

Humble Mouse Turns 40

A look at milestones in the life of that crucial computer accessory

(Newser) - It’s been 40 years since the computer mouse made its public debut, and though innovations have been legion, the basic concept is still the same. Macworld takes a look back at some key moments in the device’s evolution.
  • 1963: The first recognizable mouse prototype is built. It only
...

Stocks Rise at Open as Jobless Claims Fall
Stocks Rise at Open as Jobless Claims Fall
MARKETS
Oct 9, 2008 9:12 AM CDT

Stocks Rise at Open as Jobless Claims Fall

But volatility ensures we'll need to update this in no time

(Newser) - Stocks saw a strong open this morning, with the Dow rising 135 points after a positive quarterly report from IBM and a rally in European stocks, the Wall Street Journal reports. But investors were also mulling a worse-than-expected jobs report. Though new jobless claims fell by 20,000 last week,...

IBM Forecast Rallies Asian, European Markets

Big Blue's outlook erases some gloom

(Newser) - After five straight trading days of losses, investors may have regained a touch of confidence as markets in Asia and Europe bounced back from their beatings today, reports Bloomberg. The rebound, fueled in part by IBM’s reaffirmation of its profit forecast, comes after the worst five-day selloff since 1987....

PC to Mac: Who's Square Now?
 PC to Mac: Who's Square Now? 
ANALYSIS
Oct 1, 2008 4:29 AM CDT

PC to Mac: Who's Square Now?

Microsoft's $300M ad campaign fights 'snooty' Apple

(Newser) - Apple's ads have long painted Microsoft users as square, but the PC has effectively stood up to the cool kids in the company's $300 million campaign, writes Farhad Manhoo in Slate. "Even if they are a little saccharine, the core message of Microsoft's ads—that Apple is snooty—should...

Tech Firms Buoyed by Demand Abroad
Tech Firms Buoyed
by Demand Abroad
Jul 18, 2008 8:53 AM CDT

Tech Firms Buoyed by Demand Abroad

International demand keeps tech afloat even as economy sinks

(Newser) - The tech sector keeps rolling even as the overall economy continues to flail, the Wall Street Journal reports. Four of tech’s giants, Microsoft, Google, IBM and Nokia, posted quarterly results yesterday, riding high on developed nations’ need for cost-saving technologies and emerging economies’ demand for infrastructure upgrades as the...

10 Computers That Changed Everything

Before the iMac, there were mega machines

(Newser) - Convenience is a given when it comes to today's PCs, but the machine you're reading this on has come a long way. Major transformations date as far back as the early 19th century. Live Science gives the back-story on 10 revolutionary computers.
  1. The Difference Engine, 1822: Designed by Charles Babbage
...

HP Exec Busted for Passing IBM Secrets

Exec shared rival's confidential info with new HP bosses

(Newser) - A former Hewlett-Packard vice president faces federal charges for sharing trade secrets from IBM, the Wall Street Journal reports. The exec requested confidential pricing information while he was working for IBM. Two months later, he got a job at HP and emailed the info to an HP executive, according to...

Quest on for Chocolate Genome
 Quest on for Chocolate Genome 
Jun 26, 2008 6:44 AM CDT

Quest on for Chocolate Genome

Mars aims to unlock genetic code to develop hardier cacao trees

(Newser) - Candy giant Mars is investing $10 million in a 5-year research project to unlock the secrets of chocolate's genetic code—the cocoa genome—as the first stage in developing cacao trees that can produce more, survive droughts, and combat disease. Mars intends to make the results public to stop key...

Intel Moves into Clean Tech With Solar Cell Spinoff

SpectraWatt joins IBM, HP entries, part of a larger trend in IT industry

(Newser) - Intel made a move into clean technology yesterday, creating a spinoff that will manufacture solar cells and pumping $50 million into it. SpectraWatt’s focus will be on improving solar-cell efficiency and cutting costs per watt, its CEO told CNet. IT companies are increasingly getting into the solar industry. Both...

Tech Firms to Fix Monster They Created

Email, IMs keep employees available and distracted

(Newser) - Google, Microsoft, Intel, and IBM are partnering are on a new initiative to help workers distracted by emails and instant messages improve their productivity, the New York Times reports. The Information Overload Research Group, a nonprofit launching next month, will devise cultural and technological solutions to reduce the digital deluge...

PlayStation Chip Lifts Military Computer to Record Speeds

Los Alamos, IBM team pass petaflop level

(Newser) - IBM and Los Alamos Laboratory scientists used an amalgam of computer chips, including some designed for use in the PlayStation 3, to blow through one of the computing world’s most pursued milestones—processing more than one thousand trillion calculations per second, reports the New York Times. The petaflop benchmark...

HP, Looking for Edge, Close to Buying EDS for $12-13B

Computing giant seeks to expand services division, gain advantage over IBM

(Newser) - Hewlett-Packard is near a deal to buy Electronic Data Systems for $12-13 billion, the Wall Street Journal reports, an acquisition that would make it more competitive in the services sector with rival IBM. Confirmation was expected soon (HP admitted “advanced discussions” were underway), even as the tech consulting and...

Subnotebooks Don't Quite Measure Up
Subnotebooks Don't Quite Measure Up
PRODUCT REVIEW
May 8, 2008 3:02 PM CDT

Subnotebooks Don't Quite Measure Up

Lenovo, Asus debut lightweights that are close, but not there

(Newser) - Hamstrung by poor battery life, and burdened with an overly weighty Vista operating system that makes starting up a drag, a pair of new subnotebook computers offer a glimpse of what could be—but isn’t quite, writes Wall Street Journal tech guru Walt Mossberg. Lenovo’s IdeaPad—a junior...

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