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Posts tagged “IBM”

Updated 11:04 a.m. yesterday

IBM adds brains for Watson, buying cognitive computing firm

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.

How AlchemyAPI works How AlchemyAPI works

Tags: IBM
Updated 8:02 a.m. yesterday

Premium Lock Report shows x86 deal paying big dividends for Lenovo

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.

 IBM touts its "X" server lineup  IBM touts its "X" server lineup

February 26

Rometty says IBM's new strategy is on track

IBM                     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.

Tags: IBM
Updated February 25

Rometty's vision for IBM: 'Our strategic imperatives'

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 ...

Virginia Rometty    Virginia Rometty

Tags: IBM
Updated February 25

IBM's work force drops by 50,000 in 2014 under reboot

IBM layoffs     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.

Updated February 25

Premium Lock IBM makes $1.5B profit on x86 server sale to Lenovo

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.

Lenovo's x86 server business operates globally Lenovo's x86 server business operates globally

February 24

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.

Updated February 20

LabCorp's $6.2B deal; IBM targets EMC; DeSoto cab now Flywheel; Yahoo leyes apps for $$$; Samsung vs. Apple Pay

Bulldog Bulletin 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.

February 18

IBM's Watson in dino toys; Windsor Circle hiring; AT&T-Alltel deal closes; Lenovo's 'flash' sale streak; BlackBerry sues Seacrist

Another "flash" sellout for Lenovo 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.

February 18

As Buffet ups IBM stake, Big Blue bets $1B on new storage services

Warren Buffett    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.

Tags: IBM
Updated February 13

View-Master coming back; IBM settles pollution suit; AT&T CEO warns on net netraulity; UBS says GSK now is a 'buy'

Bulldog Bulletin 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."

February 12

Beware, digital Valentine: That dating app may invite a hack

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.

February 11

IBM's new channel team; Zuckerberg court face-off; GSK buys vaccine maker; driverless cars in London; judge backs NSA

Bulldog 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.

Tags: IBM, Facebook, GSK
Updated February 10

IBM's Watson is brain for new 'empathetic robot' Pepper

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.

"Pepper" "Pepper"

Tags: IBM
February 10

'Watson goes to Japan:' IBM's thinking behind Pepper, Softbank deal

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.

Watson is learning Japanese to work in "Pepper" Watson is learning Japanese to work in "Pepper"

Tags: IBM
Updated February 9

Premium Lock System X integration complete, Lenovo sets sights on data center hardware crown

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.

Lenovo's x86 server business operates globally Lenovo's x86 server business operates globally

February 2

Premium Lock Union: CEO's $3.7M bonus, raise 'like rubbing salt in a wound'

Virginia Rometty    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.

Tags: IBM
January 30

Premium Lock Inside IBM earnings: Cloud model poses challenge for software revenue

IBM earnings  Analysis: End-customer purchasing shifts from licenses to subscriptions challenge IBM's ability to grow software revenue, according to Technology Business Research.

Updated January 28

Premium Lock 'Bloodbath:' IBM workers report job cuts are underway

IBM job cuts 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.

January 27

Premium Lock Union: IBMers report job cuts will begin on Wednesday

IBM job cuts 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.

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