Posts tagged “Brazil”

Updated April 1, 2009

No joke – IBM sought patent for offshoring method

IBM wanted to patent its offshoring strategy As Big Blue ships thousands of jobs overseas, it sought to protect the "global resource sourcing strategy." Now, IBM says the patent application was "filed in error" and will be withdrawn.

Updated March 25, 2009

Lenovo reorganizes management, product units

Fran O'Sullivan World's No. 4 PC-maker forms business units focused on mature and emerging markets rather than regions. Plus, two product groups are created. One is to be led by longtime IBM veteran Fran O'Sullivan.

March 20, 2009

IBM cut U.S. workforce by 6,000 while adding 18,000 overseas in 2008

IBM reduced U.S. work force by 6,000 in 2008 Annual report documents sharper cuts in U.S. headcount than had been tracked by Alliance@IBM union. Big Blue has reduced U.S. work force by 12,000 over past two years.

Updated March 16, 2009

As IBM weathers the storm, will U.S. employees be left out in the cold?

 Opinion: In the midst of the economic crisis, IBM achieved record revenue, record pre-tax earnings, record earnings per share and record free cash flow. Yet 5,000 U.S., Canada Big Blue workers recently lost their jobs.

Updated March 12, 2009

N.C. Biofuels Center awards $2.8M through 18 grants

 State-funded center backs variety of feedstock production-related efforts with half its budget.

Updated March 9, 2009

If 'Mad Money' Cramer is right, Chinese stimulus plan could boost Lenovo

Will Chinese buy more Lenovo laptops? Beijing government's plan has Lenovo preparing to open hundreds of stores in China. But chairman also is hopeful of making acquisitions.

Updated February 25, 2009

Wall Street bloodletting, Lenovo style – China Daily gets the inside scoop

The Forbidden City in Beijing At a 'tea party' in Beijing, Lenovo Chairman Liu Chuanzhi set the stage for the ouster of William Amelio as CEO and other changes.

Updated February 23, 2009

The 'State of Things' at Lenovo – Not well, especially for North Carolina

What next for Lenovo Amidst continuing changes and departures at world's No. 4 PC-maker, other challenges and opportunities are on the horizon.

Updated February 18, 2009

Lenovo reportedly makes another bid for Brazilian PC-maker

Lenovo making new bid for Positivo? New offer is said to top $1 billion. Meanwhile, Lenovo replaces former IBM exec in top marketing job. Deepak Advani decides to return to IBM.

Updated January 26, 2009

Nicotine activates more than brain’s pleasure pathways, Duke researchers say

Duke University School of Medicine Duke University Medical System researchers have discovered there are differing taste pathways for nicotine, which could provide a new approach for future smoking-cessation products.

Updated January 8, 2009

Lenovo top management shares in 'resource deployment' pain

Lenovo CEO William Amelio Slashing of top managers' compensation and ouster of two top execs shows pain of "resource deployment plan" hits executive suite, too.

Updated January 7, 2009

Lenovo plans 'price sensitive' announcement, suspends trading

Lenovo's HQ The world's No. 4 PC maker is expected to disclose a restructuring along with some layoffs. Lenovo asked that share trades be "temporarily suspended."

Updated December 31, 2008

Lenovo is mulling shakeup in Pacific operations, Chinese media reports

More changes at Lenovo? 'The economic conditions are so tough that (the company) is set to take some measures to counter the winter,' Lenovo exec says.