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.
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.
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
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.
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.
By Nicola Leske
(Reuters) – Symantec Corp, the top maker of security software, said hackers had exposed a chunk of its source code, which is essentially the blueprint for its products, potentially giving rivals some insight into the company’s technology.
The developer of the popular Norton antivirus software said the hackers stole the code from a third party and that the company’s own network had not been breached, nor had any customer information been affected.
Jan 5 (Reuters) – AT&T Inc (T.N: Quote, Profile, Research) is on track to finish
its wireless network upgrade with faster mobile Web services by
the end of 2013, having exceeded its target for 2011, a top
By the end of last year the company had extended its new
high-speed service to markets of 74 million people, surpassing
its previous target of 70 million, John Stankey, AT&T’s head of
business solutions, said at a conference on Thursday.
Jan 3 (Reuters) – Investment bank JPMorgan upgraded
its recommendation for Cisco Systems (CSCO.O: Quote, Profile, Research) to “overweight”
and raised its price target for the network equipment maker on
expectations of a rebound in public sector spending and improved
margins in 2012.
Cisco stock was up 3.4 percent to $18.65 in midday trading
in New York on Tuesday.
WASHINGTON (Reuters) – The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.
A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.
(Reuters) – AT&T has dropped its controversial $39 billion bid for Deutsche Telekom’s U.S. wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.
AT&T will have to find another way to address its shortage of wireless airwaves while Deutsche Telekom has to go back to the drawing board on what to do with T-Mobile USA, the struggling U.S. business it had desperately wanted to shed.
Dec 19 (Reuters) – AT&T has dropped its
controversial $39 billion bid for Deutsche Telekom’s
U.S. wireless unit, bowing to fierce regulatory opposition and
leaving both companies scrambling for alternatives.
AT&T will have to find another way to address its shortage
of wireless airwaves while Deutsche Telekom has to go back to
the drawing board on what to do with T-Mobile USA, the
struggling U.S. business it had desperately wanted to shed.