Posts tagged “IBM”
IBM discloses that it has acquired AlchemyAPI, a provider of cognitive computing technology and services, in a move it says bolsters capabilities of its "Watson" supercomputer initiatives.
Lenovo's server sales - bolster immensely by the acquisition of IBM's x86 server business - top $1.1 billion in the fourth quarter. a jump of 743 percent. Hardware shipments surge 250 percent. Both are far higher than over industry data, which also shows a big gain for Cisco.
In a media briefing ahead of an investor conference in New York on Thursday, Virginia Rometty said the company plans that the new tech markets should make up 40 percent of IBM's business, or $40 billion, in the next 4 years. That's up from 13 percent five years ago and 27 percent by the end of this year.
IBM spells out in great detail the vision of Chair and CEO Ginny Rometty as she reshapes Big Blue in her image. In an SEC filing, IBM stresses three points as "strategic imperatives" to the turnaround: Data (transforming industries and professions); cloud: (reinventing IT); and engagement (re-imagining work). In IBM's own words, the plan ...
IBM's reboot as a company to focus more on cloud computing and software under top executive Ginni Rometty led to a massive reduction of its global work force in 2014. According to a filing with the SEC, Big Blue says it reduced headcount by more than 12 percent to under 380,000 from 431,000. The cuts came primarily through the sale of business groups such as the x86 server unit based in Raleigh to Lenovo. IBM says more change is coming in a "remix" of skills and resources.
IBM reports it is making a $1.5 billion profit in the $2.1 billion sale of its x86 server business to Lenovo. The disclosure came in IBM's annual report filed with the SEC on Tuesday.
Bronto's upbeat update; IBM targets hybrid cloud; Quintiles' new exec; YouTube for Kids half-baked?; Comcast earnings
In today's Bulldog wrapup of technology and life science news: Bronto's CEO offers a 2014 review via YouTube; IBM targets hybrid cloud; Quintiles adds a new exec; VentureBeat writer criticizes new YouTube for Kids; and Comcast income rises.
LabCorp's $6.2B deal; IBM targets EMC; DeSoto cab now Flywheel; Yahoo leyes apps for $$$; Samsung vs. Apple Pay
In today's Bulldog wrapup of technology and life science news: LabCorp's $6.2 billion deal for Covance closes; IBM's new flash storage targets EMC; DeSoto cab now Flywheel; Yahoo looks to mobile apps for cash; and Samsung targets Apple Pay with LoopPay deal.
IBM's Watson in dino toys; Windsor Circle hiring; AT&T-Alltel deal closes; Lenovo's 'flash' sale streak; BlackBerry sues Seacrist
In today's Bulldog wrapup: IBM's "Watson" to speak in dinosaur toys; Durham-based startup Windsor Circle is hiring and looking for interns; AT&T-Alltel deal in N.C. closes; another "flash" sale sellout for Lenovo; and BlackBerry sues Ryan Seacrist again.
IBM has seen revenue drop for 11 straight quarters as Chair and CEO Ginny Rometty seeks to reboot the tech giant. A new $1 billion investment in software defined storage called Spectrum is part of that effort. And billionaire Warren Buffett is betting that Rometty's moves will pay off.
View-Master coming back; IBM settles pollution suit; AT&T CEO warns on net netraulity; UBS says GSK now is a 'buy'
In today's Bulldog wrapup of technology and life science news: Google, Mattel are bringing back the View-Master; IBM settles a pollution suit in New York; AT&T's CEO warns against Internet regulation; and UBS reverses its rating on GSK stock to "buy."
It's not bad enough that you risk being hacked when you shop or go to the doctor. Now you have to worry about dating apps. So says IBM. In a study released just in time for Valentine's Day, IBM says more than 60 percent of dating mobile apps are vulnerable to cyber attack.
IBM's new channel team; Zuckerberg court face-off; GSK buys vaccine maker; driverless cars in London; judge backs NSA
In today's Bulldog wrapup of technology and life science news: IBM unveils a new channel team in a bid to boost sales; Mark Zuckerberg is in a court fight with a real estate developer; GSK buys a vaccine maker; driverless vehicle trials start in London; and a judge backs NSA surveillance.
Japanese mobile carrier Softbank said Tuesday it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month.
On Tuesday, Softbank and IBM announced a deal that takes IBM's "Watson" technology to Japan and will be incorporated in the forthcoming "Pepper" robot. Why is IBM working with Softbank to teach Watson to speak and think in Japanese? Here's the IBM story.
Armed with the fully integrated portfolio and resources of IBM's former x86 server business, Lenovo is boldly forging ahead into a hardware market defined and differentiated increasingly by software and services, says Senior Analyst Christian Perry of Technology Business Research.
Capping a week in which IBM began laying off thousands of workers, Big Blue on Friday disclosed that chair and CEO Ginny Rometty is getting a $3.7 million bonus and a 6.7% raise. The union seeking to represent IBM workers reacts with anger, calls for workers to unionize.
A "resource action," or layoffs, that a worker described as a "bloodbath" is underway at IBM under the name "Project Chrome," workers are telling the Alliance@IBM Union. One of the first posts Wednesday came from RTP. IBM confirmed cuts are being made.
Workers at IBM are telling the Alliance@IBM union that layoffs as part of what Big Blue calls a "resource action" are set to begin Wednesday. IBM confirmed Monday plans to cut thousands of jobs, having set aside some $600 million to cover the cost of a restructuring.
- SAS cracks Best Companies to Work for List again but falls 2 spots
- McDonald's chicken gets new standard: No human antibiotics
- WHO to begin large-scale testing of Ebola vaccine in Guinea
- Size matters: Phones as big as they can get for easy use
- Airlines are at it again, changing frequent-flier programs