The latest news from IBM (NYSE: IBM).

• IBM ties HP for worldwide server lead, research firm IDC says. eWeek has the details.

Big Blue surged into the tie with HP due to a 24.5 percent jump in quarterly revenue with System Z mainframe business jumping a whopping 61 percent, IDC reported.

Dell was third. Oracle and Fujitsu tied for fourth.

Read more details here.

• Winn-Dixie picks IBM for new point-of-sale gear at 484 stores. has the details.

Read more details here.

• IBM develops a better flood prediction system, InformationWeek reports.

Read more details here.

Get the latest news alerts: Follow LTW at Twitter.