East Coast Tech Correspondent
Nicola's Feed
Jan 23, 2012

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.

Jan 21, 2012

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.

Jan 18, 2012

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.

Jan 17, 2012

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.

Jan 12, 2012
via MediaFile

IBM scientists create smallest magnetic memory bit with 12 atoms

Photo

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.

Jan 6, 2012

Symantec: parts of antivirus source code exposed

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, 2012

AT&T says will complete wireless network upgrade by end 2013

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
executive said.

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, 2012

JP Morgan upgrades Cisco to overweight;shares rise

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.

Dec 25, 2011

Web gambling gets boost from Obama administration

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.

Dec 21, 2011

AT&T gives up on $39 billion bid for T-Mobile USA

By Nicola Leske and Sinead Carew

(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.