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[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:HELPING_HANDS_WILL_GET_THIS_SKIER%27S_CAR_OFF_THE_ICE_-_NARA_-_554290.tif”] Four-odd years after the financial crisis, things are still hard for small businesses. It’s hard to grow when few are willing to lend money. Rather than sitting back and waiting on the economy, IBM announced today that it’s going to lend out $4 billion to small and […]
Mobile Insights is a new daily newsletter from BI Intelligence delivered first thing every morning exclusively to BI Intelligence subscribers. Sign up for a free trial of BI Intelligence today.
Mobile Insights is a new daily newsletter from BI Intelligence delivered first thing every morning exclusively to BI Intelligence subscribers. Sign up for a free trial of BI Intelligence today.
[credit provider=”Flickr/IBM Research” url=”http://www.flickr.com/photos/ibm_research_zurich/8122775769/in/set-72157631852280328/”] IBM has put the chip industry on notice by inventing a new technology that would replace silicon with a new material, carbon nanotubes.IBM has found a new way to put what seems like an impossibly large number of transistors into an insanely small area, the width […]
TEL AVIV (Reuters) – IBM Corpis in advanced talks to buy Israel-based Red Bend Software, a provider of mobile phone software, for $200 million to $250 million, Israeli media reported on Thursday.Red Bend provides software for device management and mobile virtualization, technology that enables multiple operating systems to run simultaneously […]
[credit provider=”Wikipedia” url=”http://en.wikipedia.org/wiki/File:Ginni_Rometty_at_the_Fortune_MPW_Summit_in_2011.jpg”] IBM reported third-quarter earnings of $3.62 versus expectations of $3.61 per share on Tuesday.However, revenue came in lower than expected at $24.75 billion.
What are the unlikeliest, most industry-shaking decisions CEOs have ever made?That’s the focus of ‘The Greatest Business Decisions of All Time’, a new book from Verne Harnish and the editors of Fortune.
Read the full story on Bloomberg Businessweek >
[credit provider=”Wikimedia Commons”] One of the keynote interviews at Fortune’s Most Powerful Women Summit was with Virginia Rometty, IBM’s CEO and the woman at the top of that list. A CEO’s most important job is looking out for the long term and reinventing their company as the world changes.
Mobile Insights is the new daily newsletter from BI Intelligence that collects and delivers the top mobile strategy news. It is delivered first thing every morning exclusively to BI Intelligence subscribers. Sign up here for a free trial of BI Intelligence today.
[credit provider=”ibmphoto24″ url=”http://www.flickr.com/photos/ibm_media/6280801533/”] Today’s advice comes from Virgina Rometty, CEO of IBM via her interview with CNN Money:“Someone once told me growth and comfort do not co-exist and I think it’s a really good thing to remember.”
[credit provider=”Wikimedia Commons”] IBM’s Chief Executive Officer Ginni Rometty will succeed former CEO Sam Palmisano as chairman of the board, cementing her transition as leader of the century-old company.Rometty, 55, will take the new role on Oct. 1, the same day that Palmisano steps down from the board, Armonk, New […]
[credit provider=”Wikimedia Commons”] To the less technologically inclined, IBM’s new crop of mainframe computers introduced last week (pictured below) look like a large stylish refrigerator rather than a piece of tech wizardry.Yet the mainframe is one of the IT industry’s most enduring inventions. Without knowing it, most consumers have probably […]
[credit provider=”Yahoo Finance”] In case you haven’t been paying attention, IBM‘s stock has been on a tear of late, more than doubling off the 2009 low.
[credit provider=”AP Images” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=Research%20In%20Motion&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1324315409&pagez=60&cfasstyle=AND&rids=0da44e989a9d452a991d456b346f500f&dbm=PY2011&page=1&xslt=1&mediatype=Photo”] RIM may finally have a suitor to buy part of its business.Bloomberg reports hearing from two sources that IBM has “made an informal approach” to RIM about acquiring its enterprise services unit, though no talks are currently underway.
[credit provider=”MWA” url=”http://www.mwatelescope.org/”] If you had a powerful enough telescope, you could look back through time, scientists say. So, with the help of IBM, that’s what they are doing, all the way back to the Big Bang.Scientists from the U.S., Australia, New Zealand and India are building something called the […]
[credit provider=”Sean Gallup/Getty Images”] UPDATE:Sales languished at technology giant International Business Machines during the second quarter, falling 3 per cent to $25.78 billion.
[credit provider=”AP”] Layoffs in the tech industry are 10 times higher so far this year than they were for the same period in 2011—and it’s all thanks to the hard cuts CEO Meg Whitman has put in place at Hewlett-Packard.The computer industry announced a total of 34,380 job cuts in […]
Before everyone gets his or her own pair of Google Goggles, IBM is bringing consumers an augmented reality mobile app that will help them with everyday shopping trips. Basically, shoppers will list their own preferences and shopping needs into the app (from allergies to favourite products) and then use their phones to […]
[credit provider=”AP”] Yesterday, employees in IBM’s North American Global Technology Services were told not to expect pay raises in 2012.An IBM employee said the news was, “Just another slap in the face.”
President Obama has long said he wants an IT revolution in healthcare, the idea being making medical records electronic will result in better patient care with lower costs. And already a whopping $19.5 billion in public moola has been allocated in the stimulus package towards that goal. Companies like Microsoft […]
[credit provider=”Flickr/andi.vs.zf” url=”http://www.flickr.com/photos/andivszf/4937321550/sizes/l/in/photostream/”] Since we first began reporting on how IBM was quietly reducing its workforce, we’ve heard lots of stories from current and ex-IBMers.But this one, from a wife of a long-time IBM employee, seems particularly insightful … and sad.
Internship used to be code for “slave labour.” But tech companies these days are tripping over themselves to hire the brightest young minds as interns and pay them well.
[credit provider=”Wikimedia Commons”] Here’s a juicy bit of employee gossip about IBM CEO Ginny Rometty: If the company doesn’t hit the much promised $20 earnings-per-share target in 2015, Rometty could be shown the door.That’s a long shot, of course. IBM is killing itself to make sure it meets that number.
[credit provider=”Flicker/Wessex Archaeology” url=”http://www.flickr.com/photos/wessexarchaeology/2292952027/sizes/l/in/photostream/”] IBM’s weird early retirement offer kind of sounded like a good deal—work less, make more per hour! But it wasn’t, IBM employees tell us.And eligible IBM employees are not falling for it, we’re told—in part because they believe the “work less” part won’t actually happen.
[credit provider=”IBM”] The folks at IBM are still trying to figure out what exactly to do with their amazing artificial intelligence computer Watson, and they’re looking to all kinds of sources for inspiration.One of those sources is academia.
[credit provider=”Apple” url=”http://www.youtube.com/watch?v=Y5Dt0YlN2nM”] Can the iPhone’s Siri be trusted with all that stuff you tell her? Your searches? Your jokes? Your e-mail and texts?Siri scares IBM so much that the company won’t let employees use Siri on their iPhones at all … at least not if they also want to […]
After an incredible increase in sales, Apple is once again the most valuable brand in the world.
We continue to hear daily from employees fed up with IBM.”What is happening at IBM is obscene,” someone in manufacturing told us.
[credit provider=”Flickr/Tony Alter” url=”http://www.flickr.com/photos/[email protected]
/3829063385/”] IBM has been awarded a patent for a game that will pay rewards to people who eat right.IBM researcher Michael Paolini is the inventor of the game and says he lost 18 pounds by playing it, reports the New York Times. Paolini says the idea is […]
[credit provider=”Flickr/andi.vs.zf” url=”http://www.flickr.com/photos/andivszf/4937321550/sizes/l/in/photostream/”] Getting a job at IBM used to be the epitome of making it in the tech world.But since we first published a story about how IBM is screwing salespeople out of their commissions, the letters from other salespeople who have recently quit keep pouring in.
[credit provider=”IBM”] 15 years ago today, IBM’s famous chess-playing computer, Deep Blue, beat world champion Garry Kasparov at his own game, making history and changing the way people thought about computers.Murray Campbell was a member of the original team behind the famous chess-playing computer and we had the opportunity to […]
[credit provider=”Apple / Screengrab”] Everyone remembers Apple’s “1984” Super Bowl commercial, which set the standard for marketing theatrics during the Big Game.Few, however, got to see the sequel to “1984,” which was titled “1944” and starred CEO Steve Jobs acting—if that’s the word—as President Franklin Delano Roosevelt.
[credit provider=”AP”] Older IBM employees got a surprise e-mail today: an early retirement offer which asks them to cut their hours by 40% and their pay by 30% if they announce a retirement date of Dec. 31, 2013 or earlier.If it sounds like a bad deal, consider that it’s better […]
[credit provider=”AP”] IBM has this grand plan to make shareholders happy by bringing earnings per share up to $20 by 2015.Sounds great, but it’s really screwing up the company, several IBM employees have told Business Insider.
[credit provider=”Disney (Hebrew version) by Daniela Geigner” url=”http://www.odedezer.com”] What would famous corporate logos look like if they were rendered entirely in Hebrew lettering?There’s a difference between typography and the actual letters used in a logo, and that difference was beautifully illustrated in a recent assignment set by the typographer Oded […]
[credit provider=”AP”] Getting a job with IBM used to be the pinnacle of an IT career. Not so much today.IBM is trying to strategically reduce headcount, and has laid off nearly 2,000 people in 2012.
[credit provider=”Sean Gallup/Getty Images”] UPDATE (4:08 p.m.):Global technology and consulting giant IBM reported better-than-expected results this afternoon, earning operating net income of $3.3 billion or $2.78 per share during the first three months of 2012.
[credit provider=”IBM”] IBM Chairman Sam Palmisano disrupted his industry, and like any good executive, he did it because he knows how to lead.One of the most difficult parts of leadership is taking a step back and listening.
[credit provider=”shyb” url=”http://www.flickr.com/photos/shyb/63685519/sizes/m/in/photostream/”] Earnings season heats up tomorrow, with four Dow components releasing quarterly results. Coca-Cola, IBM, Intel, and Johnson & Johnson are all set to announce how 2012 has started off, and all will offer compelling data on how the global economy is faring so far.Goldman Sachs, CSX and […]
IBM today bought Varicent, a small Toronto company that makes software to analyse how commissioned salespeople are performing.
[credit provider=”Flickr/Jemimus” url=”http://www.flickr.com/photos/jemimus/66531124/”] China has sold Iran millions of dollars worth of embargoed U.S. computer equipment, as reported by Steve Stecklow at Reuters.State-owned ZTE Corp (ZTE), China’s second-largest telecommunications equipment maker, agreed to a $10.5 million contract for “third-party” equipment with a part of Telecommunication Co. of Iran (TCI).
[credit provider=”IBM/UMD” url=”http://newsdesk.umd.edu/scitech/release.cfm?ArticleID=2475″] IBM is one-upping Cisco with new PureSystems servers introduced today.Actually, to call these things servers isn’t fair to them.
The new ethical quandary Augusta National finds itself in is adding some extra sizzle to the Masters.
[credit provider=”Flickr/andi.vs.zf” url=”http://www.flickr.com/photos/andivszf/4937321550/sizes/l/in/photostream/”] IBM has got a message for Oracle customers: we’ve made it so easy for you to move.IBM’s next big database, DB2 10, will be out out on April 30 and IBM has gone on the offensive to win Oracle’s customers.
The most sexist club in America, Augusta National, has a quandary on its hands.
The Augusta National Golf Club is famous for two reasons: it hosts the Masters Tournament and — even now — it doesn’t allow women to be members.
[credit provider=”Wikimedia Commons”] Ginny Rometty is the CEO of IBM and one Fortune’s “50 most powerful women in business.” And she is about to become a very important face in the coverage for next week’s Master’s Tournament.Augusta National is a members only golf club that has never allowed a female […]
[credit provider=”AP”] Facebook has bought 750 patents from IBM to fight back against Yahoo’s patent infringement suit.Bloomberg reported the purchase a few minutes ago. A Facebook spokesperson confirmed that the company has bought patents from IBM, but offered no further details.
IBM’s new CEO Ginny Rometty has a growth plan she calls “Roadmap 2015.”
In his best-selling book The Big Short, Michael Lewis describes a trader named Danny. A Wall Street investment bank came to Danny offering to set up a fancy trade that looked too perfect, too easy. “I appreciate this,” Danny told the bank, “but I just want to know one thing: How […]
Former Yahoo engineer Andy Baio is “embarrassed” by the patents filed in his name.
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Samuel_J._Palmisano_(crop).jpg”] IBM released its annual report this weekend, and Sam Palmisano took the opportunity to get a little nostalgic.Palmisano stepped down as CEO last year, handing the reins to Virginia Rometty, but he’s still the chairman of the company.
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Ibm_px_xt_color.jpg”] The imminent arrival of Kodak at the bankruptcy court underlines a curious paradox about technology brands.They come about by, in some way, incarnating a bold invention.
IBM’s supercomputer “Watson,” who made an appearance as a contestant on Jeopardy last year beating the quiz show’s two most successful champions, just got a job on Wall Street
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Xerox_Alto_mit_Rechner.JPG”] I have to confess that I always chuckle when I hear people arguing about what has contributed most to business productivity in the last one hundred years.Obviously, many people claim it was the introduction of the personal computer – Yeah, OK, Apple Freaks, we know you […]
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Glass_exit_sign.jpg”] IBM has reportedly laid off just over 1,000 employees so far this week, and more could be coming, according to documents from a workforce group.IBM didn’t comment on the layoffs, but word leaked from [email protected]
/CWA Local 1701, which is IBM employees’ Communications Workers of America union.
[credit provider=”wikimedia commons” url=”http://en.wikipedia.org/wiki/File:STInBeauty.jpg”] IBM scientists have made a technical breakthrough that could usher in the next generation of computers, known as quantum computing. This is a computer where the transistors are so small, the computer is working with atoms and molecules.The computational problems that a quantum computer could solve […]
[credit provider=”Flickr/Laughing Squid” url=”http://www.flickr.com/photos/laughingsquid/256158734/sizes/z/in/photostream/”] Big data is literally changing what computers can do.You are already benefiting because big data brought you Google.
[credit provider=”AP”] Guess what? As utility companies rush to upgrade your energy meters and their power grids to be “smart” they may be stupidly inviting in hackers.So finds an internal audit by the Energy Department, which has spent about $3.5 billion in stimulus money to help fund smart grids. [PDF […]
[credit provider=”Associated Press”] There’s more to life than the soul-sucking 9 to 5. At some companies people are actually happy.CareerBliss identified the happiest companies in America based on thousands of employee reviews and ratings.
When new IBM CEO Virginia “Ginni” Rometty became CEO this year, she doubled her salary — but she’s still getting a pittance compared to other CEOs of major tech companies.
[credit provider=”AP” url=”http://www.apimages.com/Search.aspx?st=k&remem=x&kw=tom+brady+eli+manning&intv=None&shgroup=-10&sh=10″] IBM and USC scientists have been studying Super Bowl tweets and have declared a “digital upset” in which the Giants have won.They are analysing tweets to measure “sentiment” meaning how the Twitter-using public feels about each team. While this, naturally, doesn’t really predict how the teams will […]
[credit provider=”Library of Congress” url=”http://www.loc.gov/pictures/”] In this worrisome global macro backdrop, many are pointing to dividend paying stocks as a way to generate income while waiting for capital gains.Societe Generale is out with its report of the top 40 dividend payers across the globe.
[credit provider=”Apple”] Big data. Just those words alone are enough to send a collective shudder up AND down the spine of CMOs the world over.For proof, look no further than the IBM survey conducted last year in which more than 1,700 CMOs from around the world were asked to identify […]
[credit provider=”Business Insider”] There’s a team of research scientists at IBM that loves social media, especially Twitter.”Let’s view Twitter as the having the pulse of everything we care about as a society,” says Rick Lawrence, who leads IBM’s Machine Learning Group at IBM Research at Yorktown Heights NY.
[credit provider=”Business Insider”] A team of IBM researchers spends their days sifting through Twitter. They use live streams of tweets to develop machines that are smarter than the typical computer, an area of study known as “machine learning.” Using these tweets, they’ve developed technology that allows a machine to understand that […]
This is our list of the best technology companies of all time.
[credit provider=”Flickr/Jeremy Brooks” url=”http://www.flickr.com/photos/jeremybrooks/2265352667/in/photostream/”] IBM ran into an interesting problem last quarter. It had a product so popular, that it literally ran out of stock. But that won’t stop it from releasing the umpteenth new version of it tomorrow.The product goes by the tongue-twisting name of the Netezza Customer Intelligence […]
[credit provider=”IBM”] When Sam Palmisano retired as CEO of IBM on Dec. 31, it marked the end of one of the most remarkable tenures in corporate history. Over his decade as IBM’s leader, he made a number of moves, each instructive, but their power came from their cumulative effect in […]
Brands spend millions every year to design and tweak logos. Almost every big brand uses a custom font, unlike many small businesses, who usually settle for the regular, easily available ones.
[credit provider=”IBM”] IBM just missed the mark on its fourth quarter revenue but grew profits.The company reported $5.5 billion in net income, up 4 per cent.
Damien Katz is a creator of one of the most important technologies of the recent Web boom. But when he focused on making it a commercial product, he ran into a lot of flak.
[credit provider=”AP” url=”http://www.apimages.com/secured_user/Download.aspx?st=dl&id=8be0cd8251004ec6b52f5fc7033b19cb&isgb=false”] A long list of tech giants want to make it easier to steal one another’s cloud computing customers. They are creating a technology standard that lets enterprises easily move their applications from one cloud to another.The group includes 3M, CA Technologies, Cisco, Citrix, EMC, IBM, Red Hat, SAP, […]
Earnings season kicks off in earnest this week when a handful of Dow and S&P 500 components report quarterly results.
[credit provider=”IBM. Used by permisson”] Mike Loria is a guy that startups dream of meeting. He acquires companies for IBM.IBM said it would spend $20 billion on acquisitions by 2015 and it’s been on a buying frenzy. The company has announced or closed seven acquisitions in about three months.
[credit provider=”Flickr/thegreenpages” url=”http://www.flickr.com/photos/thegreenpages/5101567440/in/photostream/”] IBM researchers are working on a battery that would let a car travel 500 miles on a single charge.Most people that buy hybrids have no problem going 100 miles on a single charge, the current limit of today’s battery lithium-ion technology.
I was thirteen years old when I first saw it on TV.
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[credit provider=”AP”] Google just picked up a bunch of patents from IBM to help it fight a multibillion dollar lawsuit from Oracle.At the end of 2011, the US Patent Office recorded that Google bought more than 200 patents from IBM, as first noticed by blog SEO By The Sea. It’s […]
All eyes are on IBM’s new CEO Virginia “Ginny” Rometty as she takes the helm this week. She’s wasting no time in setting up her management team.
[credit provider=”IBM”] IBM acquired cloud software testing company Green Hat today. This marks the first acquisition for the company’s new CEO, Ginni Romett, and the third in the last month.IBM has vowed to spend $20 billion by 2015 shopping for new companies, and with the worldwide economy still slow, it […]
We’ve heard about the odds and ends contained in Stanford University’s Apple archive — here’s a weird one.
[credit provider=”AP”] Oracle missed Wall Street’s earnings and revenue expectations yesterday, but that didn’t stop CEO Larry Ellison from taking potshots at competitors.As ZDnet reports, Ellison talked trash about IBM’s hardware products:
[credit provider=”AP”] The S&P 500 is trying to break into positive territory for the year, but it remains, with the NASDAQ, down some 2%.Year-to-date, more than half of the index’s sub-indices are negative; some off as much as 87% (you can look to Kodak for those declines).
[credit provider=”IBM”] Each year, IBM takes a look at trends in technology and makes predictions on what we can expect to see materialise over the next five years.It’s called the “5 in 5,” and this year’s predictions are out.
[credit provider=”By Ghostboy on flickr” url=”http://www.flickr.com/photos/ghostboy/71619318/sizes/o/in/photostream/”] Every year around this time, IBM has brings out its crystal ball to make five predictions about the world in five years.Here are the company’s predictions for 2016, with our snap judgments of how likely they are to come true.
[credit provider=”Surat Lozowick” url=”http://www.flickr.com/photos/suratlozowick/4448156031/sizes/m/in/photostream/”] IBM says “smarter” supply chains is a $20 billion opportunity.It’s willing to buy itself a piece of that action. So today it acquired Emptoris, a company with 725 employees based in Burlington, MA.
[credit provider=”Apple”] IBM is buying DemandTec, a marketing analytics company, for $440 million.It’s the third big cloud acquisition in the past two months. SAP just acquired SuccessFactors for $3.4 billion and Oracle made a $1.5 billion bid for RightNow.
Despite the jobless epidemic, U.S. companies are tripping over themselves to fill high paying job openings with workers from overseas. Companies, lead by Microsoft and IBM, have already maxed out their allotment of 65,000 H-1B visas.
IBM is on the warpath to spend $20 billion by 2015.
[credit provider=”Michael Nagle / Getty”] As part of its ongoing legal battle with Samsung, Apple offered to licence a key part of iOS called “scrollback,” the Verge has learned.Scrollback is the design feature where users see the background of an app when they scroll past its edge. It’s also used […]
[credit provider=”Flickr – Barabeke” url=”http://www.flickr.com/photos/barabeke/2833427507/”] recognising the need to adapt to the needs of consumers is the most valuable asset for a company looking to survive, according to an article by Brian Solis of The Washington Post.Here’s the thrust of the article:
[credit provider=”AP”] The four big software vendors — Microsoft, Oracle, IBM, and SAP — have hidden motives that customers need to understand, otherwise they might be pushed into buying products and services that don’t fit their needs.That’s the takeaway from a recent Gartner talk in Australia, reported by IT News.
[credit provider=”AP Images”] When the term lost decade surfaces, investors’ minds are immediately brought to Japan, slow and stagnant growth and the inability to increase wealth.But in a new report written by 15 Citibank analysts, there is an evolving idea that sticking to a few key principles can leave institutional […]
[credit provider=”Google”] Universum asked 6,700 people with one to eight years of professional experience where they’d most like to work. The Wall Street Journal has the results.Three tech companies were listed first, followed by a bunch of government agencies and Disney.
New York Times columnist James Stewart argues that one big reason IBM’s new CEO Virginia Rometty made it to the top is that she has a talented, supportive wife–in the form of her stay-at-home husband, Mark.
If it wasn’t for Robert Moffat getting messed up in a $20 million insider trading case, Virginia Rometty may not have been named IBM’s newest CEO.
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