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  • November 23, 2014
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  1. News - World

    IBM faces lawsuit over NSA scandal

    Posted Dec 14th 2013, 02:27am by Reuters

    ... Reuters in New York IBM faces lawsuit over fallout from spy scandal IBM has been sued by a shareholder who accuses the computer giant of concealing how its ties to the NSA spying scandal reduced business in China and ultimately caused its market value to plunge more than US$12 billion. IBM lobbied Congress to pass a law letting it share personal data of customers in China ...

  2. Business - Companies - COMPANIES

    IBM third-quarter revenue down on China woes

    Posted Oct 17th 2013, 10:54am by Reuters

    ... Reuters in New York IBM third-quarter results disappoint, reflecting a decline in hardware sales in China and emerging markets IBM reported a 4 per cent drop in third-quarter revenue, worse than expected by Wall Street, amid a decline in hardware and emerging markets even as it beat earnings estimates. IBM shares fell 6 per cent in after-hours trade to US$175.56 on Wednesday. ...

  3. Business - Companies - EARNINGS

    IBM lifts target after buoyant quarter

    Posted Jul 18th 2013, 11:29am by Bloomberg, Reuters

    ... Agencies in New York IBM lifts target after buoyant quarter International Business Machines, the world's largest computer-services company, raised its annual forecast after second-quarter earnings topped analysts' estimates, lifted by cost cuts and share buy-backs. Excluding a US$1 billion restructuring expense, IBM on Wednesday said profit was US$3.91 a share ...

  4. Business - Companies - ANALYSIS

    Lenovo sees scale helping turn around former Motorola, IBM server businesses

    Posted Nov 07th 2014, 05:18am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mainland computer giant aims to improve the profitability of IBM's former server business and Motorola Mobility in four to six quarters Lenovo banks ... and IBM's former x86 server business- and transform them into profitable operations. "We hope that our commitment to turn around these businesses in four to six quarters will prove ...

  5. Comment - Insight & Opinion - THE VIEW

    Lenovo looking smart for buying out IBM’s PC business

    Posted Oct 27th 2014, 01:19pm by Cathy Holcombe

    ... Cathy Holcombe Mainland tech giant Lenovo reaps from taking over IBM's 'ice age' personal computer business One smart click Nearly a decade ago, Lenovo Group bought IBM Corp's personal computer business, and was thought a chump for doing so. The narrative went like this: IBM, the forward-thinking and savvier company, recognised that the desktop computer would ...

  6. Business - Companies - COMMENT

    IBM hollowed out by ‘financial engineering’

    Posted Oct 23rd 2014, 09:53am by Reuters

    ... James Saft Technology company's spending on financial engineering has left it a shadow of its former self IBM hollowed out due to rampant share buybacks IBM's woes are interesting not simply because they tell us about the economy, but because they reveal broader truths about how, and for whom, firms are run. IBM kicked its 2015 operating earnings goal off the back ...

  7. Business - Companies - TECHNOLOGY

    IBM launches cognitive tool for business clients

    Posted Sep 18th 2014, 05:57am by Reuters

    ... Reuters in Washington IBM launches cognitive tool for business clients IBM is rolling out a cognitive tool powered by its Watson supercomputer that uses companies' internal data to answer questions about performance and efficiency, and predict outcomes. IBM said the tool- the latest in a series of Watson products unveiled by IBM- will make more widely available data ...

  8. News - China

    IBM sacks staff on strike against severance following Lenovo deal

    Posted Mar 12th 2014, 04:58am by He Huifeng

    ... He Huifeng huifeng.he@scmp.com US company fires staff striking over terms offered following deal with Chinese PC giant IBM sacks Lenovo protest workers Nineteen workers at an IBM factory in Shenzhen have been fired after their week-long strike against severance payments, the Southern Metropolis Daily reported yesterday. About 1,000 workers at IBM Systems Technology Company (ISTC), ...

  9. News - World - TECHNOLOGY

    Microsoft patches Windows bug that could have been around for 20 years

    Posted Nov 13th 2014, 10:49pm by WASHPOST

    ... around for almost 20 years. The IBM researchers who found it said it has been around for nearly two decades, highlighting the difficulty of spotting and fixing bugs even in code that has gone through extensive review. "Significant vulnerabilities can go undetected for some time," wrote IBM X-Force research manager Robert Freeman in a blog post on the problem. "In ...

  10. Business - Companies

    Lenovo's IBM ties may pave way for enterprise storage acquisition

    Posted Feb 06th 2014, 01:50pm by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Lenovo's IBM ties may pave way for storage deal Lenovo could be looking at another big deal with International Business Machines, following its acquisition of IBM's low-end server division, analysts said. Under a US$2.3 billion agreement to buy IBM's x86 server business, Lenovo appears to be paving the way for a future acquisition ...




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