RIM CEO eyes “significant” plans for BlackBerry
NEW YORK (Reuters) – Research in Motion’s Thorsten Heins plans to waste no time in his new job. The BlackBerry maker’s chief executive said he will present the board with his plan for company’s future in just a matter of weeks.
The German-born executive, who took over from two longstanding co-CEOs on Saturday, said his plans for RIM would be “significant” though he did not divulge details in an interview with Reuters.
Juniper, Riverbed woes may be good news for Cisco
Jan 27 (Reuters) – Network equipment maker Cisco
(CSCO.O: Quote, Profile, Research) may have reason to rejoice despite bleak outlooks from
smaller rivals Juniper Networks (JNPR.N: Quote, Profile, Research) and Riverbed Technology
(RVBD.O: Quote, Profile, Research) amid signs that it is winning back market share from
its peers.
Cisco’s chief executive John Chambers promised his
shareholders in September that Cisco would go after Juniper and
it looks like he is delivering on that promise.
New BlackBerry CEO dashes hopes for quick turnaround
FRANKFURT/NEW YORK (Reuters) – Research in Motion Ltd’s (RIM.TO: Quote, Profile, Research) could have chosen a fiery, inspirational new CEO but they chose a stoic engineer instead, dashing investor hopes for a quick turnaround for the struggling BlackBerry maker.
The softspoken and bespectacled Thorsten Heins, who had worked at Germany’s Siemens AG (SIEGn.DE: Quote, Profile, Research) for more than 20 years before RIM, failed to inspire Wall Street on Monday as he pledged to continue on the same path as his predecessors.
Xerox sees 2012 EPS growth after solid 4th quarter
By Nicola Leske
(Reuters) – Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) aims to increase earnings this year by potentially more than 9 percent after it reported fourth-quarter results in line with estimates on the back of solid growth in its services business.
Once popularly known for its office copiers and printers, Xerox now only makes 45 percent of its revenue from those kinds of products, and that area is growing more slowly than Xerox’s services business.
Profile: New RIM CEO dashes hopes for quick turnaround
FRANKFURT/NEW YORK (Reuters) – Research in Motion Ltd’s could have chosen a fiery, inspirational new CEO but they chose a stoic engineer instead, dashing investor hopes for a quick turnaround for the struggling BlackBerry maker.
The softspoken and bespectacled Thorsten Heins, who had worked at Germany’s Siemens AG for more than 20 years before RIM, failed to inspire Wall Street on Monday as he pledged to continue on the same path as his predecessors.
IBM’s plain vanilla flavor leaves investors satisfied
NEW YORK (Reuters) – While IBM’s rivals have suffered through earnings misses, massive executive upheaval or seismic strategic shifts, Big Blue has been the technology world’s most consistently performing company since narrowly avoiding bankruptcy 19 years ago.
Sure, IBM (IBM.N: Quote, Profile, Research) lacks an obvious wow factor. Indeed, the company is to the technology world what vanilla is to ice cream: plain. But in the business world, plain is simply another word for dependable, and IBM has grown into one of the few companies analysts and investors can count on to deliver on its promises each quarter.
Analysis: IBM’s plain vanilla flavor leaves investors satisfied
NEW YORK (Reuters) – While IBM’s rivals have suffered through earnings misses, massive executive upheaval or seismic strategic shifts, Big Blue has been the technology world’s most consistently performing company since narrowly avoiding bankruptcy 19 years ago.
Sure, IBM lacks an obvious wow factor. Indeed, the company is to the technology world what vanilla is to ice cream: plain. But in the business world, plain is simply another word for dependable, and IBM has grown into one of the few companies analysts and investors can count on to deliver on its promises each quarter.
Quantum Leap sees gold in mining social media data
NEW YORK (Reuters) – He has helped the military predict where bombs will go off and worked with law enforcement to fight crime, but now Quantum Leap Innovations CEO Joseph Budner Elad wants to use his technology to help consumers
On February 29 the Newark, Delaware, based company will release Quantum Leap Buzz, a tool that uses pattern based analytics for social media, starting with Twitter, to mine data from the huge amounts of information created on these sites every day.
IBM seen posting Q4 growth, headwinds expected in 2012
Jan 17 (Reuters) – IBM Corp (IBM.N: Quote, Profile, Research) is expected to
report solid fourth quarter results on Jan. 19 under new chief
executive Virginia Rometty as investors look for news about the
potential impact of the Eurozone crisis and currency headwinds
in 2012.
For IBM, a bellwether stock due to its global reach and wide
range of corporate and federal customers, analysts on average
expect operating earnings per share of $4.62, a more than 10
percent increase from the quarter a year earlier.
IBM scientists create smallest magnetic memory bit with 12 atoms
In IBM’s Almaden Research Center in San Jose, California Andreas Heinrich gets to explore. His quest: Demonstrate that very few atoms are needed to store information. Why would anyone care? Because size matters.
Today, to store a single bit — the most basic piece of information a computer understands – a disk drive needs one million atoms. Heinrich and his team have successfully shown that data can be stored in as few as 12 magnetic atoms. That’s 12 versus 1 million and it means a hundred times more information can be stored in the same space.


