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NEWS ABOUT: IBM

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... More »

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... More »

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
... More »

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... More »

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... More »

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... More »

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... More »

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... More »

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... More »

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... More »

IBM Raises Dividend 25%

Firm paying out $2.5B, expecting $12B in stock buybacks

(Newser) - IBM raised its quarterly dividend for the thirteenth consecutive year today after posting strong Q1 earnings two weeks ago, the Wall Street Journal reports. The firm expects to pay $2.5 billion to shareholders this year after raising its dividend 25%, from 40 to 50 cents. IBM also expects to... More »

Stocks Flat After Day in Red

Mixed data leads to seesaw after Wednesday's rally

(Newser) - The Dow ticked up 1.22 points to close at 12,620.49 today, after a flood of mixed earning reports mostly kept stocks down during the session. One analyst was impressed the market didn’t dip, saying it “seems to be holding up relatively well, especially after yesterday’... More »

IBM First Quarter Profits Jump 26%

US revenue up 6% despite slowdown

(Newser) - Bellwether IBM posted a 26% spike in profits for the first quarter, proving that some tech companies are escaping the fallout from the economic downturn. The gains include a 6% increase in American revenue to $9.9 billion and are attributed to corporate customers buying products and services designed to... More »

IBM Creates a Cooler Supercomputer

Chilled water reduces energy needs for a more powerful machine

(Newser) - IBM has found a way to squeeze five times the performance out of a supercomputer at just 40% of the power. The newest version of the Power 575 draws chilled water into the computer and runs it through copper plates above processors to cool them, before expelling the heated water,... More »

Feds Lift Ban on IBM Contracts

IBM withdraws protest of lost EPA contract

(Newser) - The government Thursday lifted a week-old ban that prevented IBM from competing for new federal contracts. In exchange, IBM agreed to withdraw its protest of an $84 million contract with the EPA it lost last year, and to refund any attorney fees and costs the Government Accountability Office paid to... More »

IBM Banned from Gov't Contracts

Big Blue probed over alleged insider info that led to fat EPA deals

(Newser) - A US Attorney in Virginia has temporarily barred IBM from pursuing new government contracts while it investigates three 2006 IBM contracts with the EPA, MarketWatch reports. "The basic issue is whether certain information concerning a contract should have been provided to IBM employees by an EPA employee," said... More »

Oracle Stock Dives 8% on Flagging Q3 Revenue

Despite a 30% jump in profits, investors worry the software maker is vulnerable

(Newser) - Oracle missed its third-quarter revenue projections yesterday and investor reaction was swift and dramatic: shares of the software maker dropped 8% in after-hours trading, reports the Wall Street Journal. This despite the fact that Oracle’s profits rose 30% to $1.34 billion, 26 cents per share, from $1.03... More »

Sun Banks on Lasers to Make Next Speed Leap

Using light, not wires, to connect chips could make computers 1,000 times faster

(Newser) - Sun Microsystems is moving toward connecting computer chips using lasers instead of wires, a move that could make computers 1,000 times faster. The company snagged a $44 million Pentagon contract to continue work that could also mean smaller, more energy-efficient machines. It won’t be easy, though: A Sun... More »

World's Biggest Tech Show Goes Green

Top IT companies will display environmental friendliness at CeBIT

(Newser) - Greener tech solutions are a focus of this year’s CeBIT technology trade fair, which opens tomorrow in Germany. Tech companies from around the world will showcase products like servers that use less electricity alongside their hot new gadgets, AP reports. The emphasis on green ideas sets the tone for... More »

Stocks Surge on IBM Buyback

Techs bolster confidence on 3rd straight day of gains

(Newser) - A $15 million buyback by IBM plus today's good retail news and higher commodity prices set off a third straight day of stock market gains. IBM sparked a tech rally, including big gains by Intel and Microsoft, the Wall Street Journal reports. The Dow gained 114.7 to close at... More »

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