Ibm

  • IBM Simon: The world's first smartphone turns 20 5 days ago

    London: The first ever smartphone - a $900 clunky IBM Simon mobile phone - has turned 20 on Saturday. The phone with a battery life of one hour was developed by IBM and the American cellular company BelSelf and went on sale in 1994. At around 23 cm long and weighing half...
  • New postage-stamp size chip delivers supercomputer speed, functions like a human brain August 8, 2014

    Washington: Researchers Thursday unveiled a powerful new postage-stamp size chip delivering supercomputer performance using a process that mimics the human brain. The so-called "neurosynaptic" chip is a breakthrough that opens a wide new range of computing possibilities from self-driving cars to artificial intelligence systems that can installed on a smartphone, the...
  • Dell, BlackBerry downplay threat from Apple-IBM alliance July 26, 2014

    Toronto: IBM Corp's recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now. Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week,...
  • Apple teams up with former nemesis IBM to sell more iPhones and iPads July 16, 2014

    Cupertino: Apple is teaming up with former nemesis IBM in an attempt to sell more iPhones and iPads to corporate customers and government agencies. The partnership announced Tuesday calls for the two technology companies to work together on about 100 different mobile applications designed for a wide range of industries. The applications,...
  • IBM to provide smart city tech for Lodha's Palava project June 11, 2014

    Mumbai: Technology and consulting firm IBM has entered into an agreement with realty player Lodha Group to develop and manage smart city infrastructure in the real estate group's township project- Palava in Thane district. The project, spread across 4,000 acres and envisioned as a city, will incorporate IBM's smarter city technology...
  • Man returns home after four months of mysterious disappearance March 28, 2014

    Nearly four months after his mysterious disappearance, a senior official of Indian Bureau of Mines belonging to Karnataka on Friday returned home at Bhubaneswar, his family in Bellary said. Ibrahim Sharif, Assistant Controller of Mines at IBM, was reported missing on November 25 last year from Bhubaneswar with his whereabouts remaining mysterious,...
  • Vodafone blames government for $2 billion tax dispute talks collapse February 19, 2014

    Vodafone Group blamed the government on Wednesday for the collapse of talks aimed at settling a $2 billion tax dispute relating to its acquisition of Hutchison Whampoa's mobile business in the country. The finance ministry is preparing to seek the cabinet's approval to withdraw conciliation proceedings after Vodafone wanted a separate...
  • Tata India's most valuable brand; Apple on top globally February 18, 2014

    London: Diversified conglomerate Tata group was on Tuesday declared India's most valuable brand with a value of $21.1 billion, while US-based technology giant Apple has retained its top position globally with about $105 billion. According to a list released on Tuesday of world's 500 most valued brand, Brand Finance Global...
  • IBM to lay off 15,000 employees worldwide, to start from Bangalore February 15, 2014

    New Delhi: Technology giant IBM has started a restructuring process, which would see as many as 15,000 jobs being cut globally, including India, Brazil and the European region. "The estimate of jobs cut globally is 15,000," International Coordinator at the Alliance@IBM (official IBM employees union) Lee Conrad told PTI. Last month, the...
  • Twitter buys 900 IBM patents; companies enter into a cross-license agreement February 1, 2014

    New York: Twitter says it has bought 900 patents from IBM and that the companies have entered into a cross-license agreement. Financial terms weren't disclosed. Ben Lee, the short messaging service's legal director, says the deal provides Twitter with greater intellectual property protection and freedom to innovate. Twitter said in a November...
  • Lenovo buys part of IBM server business for $2.3 billion January 23, 2014

    Beijing: China's Lenovo Group is buying part of IBM's server business for $2.3 billion, adding to a product line-up dominated by personal computers and smartphones. Lenovo said Thursday it expects to offer jobs to 7,500 IBM employees in locations around the world as part of its acquisition of IBM's x86 server...
  • Fujitsu looking to buy IBM's server business: Report January 23, 2014

    Bangalore: Japan's Fujitsu Ltd is considering buying International Business Machines Corp's low-end server business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Fujitsu and IBM could not be reached for comment. Recent reports have identified Lenovo Group Ltd and Dell Inc as potential buyers of the x86...
  • Lenovo restarts talks to buy IBM server unit: Source January 21, 2014

    New York: China's Lenovo Group Ltd has resumed talks to buy International Business Machines Corp's (IBM) low-end server unit, a source familiar with the matter said - a purchase that would bolster its efforts to diversify beyond a shrinking PC market. The two companies failed to reach a deal last year...
  • IBM's Watson supercomputer gets its own $1 billion business January 10, 2014

    New York: One of the most famous "Jeopardy!" champs of all time is moving to Manhattan. No, it's not Ken Jennings. IBM announced Thursday that it's investing more than $1 billion to give its Watson cloud computing system its own business division and a new home in New York City. The Armonk, New...
  • India asks IBM to pay $866 million in outstanding tax: Reports November 3, 2013

    Mumbai: Indian tax authorities have asked IBM's Indian unit to pay 53.57 billion rupees ($866.20 million) in outstanding income tax on fiscal 2009 revenue, media reported on Saturday. In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice, but declined to comment on the amount...
  • IBM asked to pay Rs 5357 crore outstanding income tax: Reports November 3, 2013

    Mumbai: Indian tax authorities have asked IBM's local unit to pay Rs 5357 crore in outstanding income tax on fiscal 2009 revenue, media reported on Saturday. In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice, but declined to comment on the amount of tax...
  • India lures chip makers, says IBM and STMicro interested September 15, 2013

    New Delhi: Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion, a minister said after the government approved concessions to lure chipmakers. India, which wants local production of chips to cut long-term import bills, has renewed a drive to attract...
  • IBM buys fraud protection software maker Trusteer August 16, 2013

    New York: IBM is buying fraud protection software maker Trusteer, amid the growing threat of cyberattacks. The Armonk, New York, technology services company announced the acquisition Thursday, but didn't disclose how much it paid for Trusteer. In connection with the deal, IBM said it's forming a new software lab in Israel...
  • IBM buying cloud computing company SoftLayer June 5, 2013

    Armonk: IBM is buying cloud computing company SoftLayer Technologies Inc. to expand its online software business. Financial terms were not disclosed Tuesday. SoftLayer is a privately held company based in Dallas with 13 data centers in the US, Asia and Europe. Software stored and accessed on the Internet is increasingly popular with...
  • Yahoo Chairman Fred Amoroso resigns April 26, 2013

    Yahoo Inc Chairman Fred Amoroso is resigning effective immediately, the struggling Internet company announced on Thursday. Amoroso will be replaced in the chairman role by director Maynard Webb Jr on an interim basis until the company's annual shareholder meeting on June 25. Amoroso, a former IBM Corp executive, will remain on...
  • End of the line for Roadrunner supercomputer March 31, 2013

    Albuquerque: It's the end of the line for Roadrunner, a first-of-its-kind collection of processors that once reigned as the world's fastest supercomputer. The $121 million supercomputer, housed at one of the nation's premier nuclear weapons research laboratories in northern New Mexico, will be decommissioned Sunday. The reason? The world of supercomputing...
  • IBM launches enhanced mobile services offering February 21, 2013

    New York: International Business Machines unveiled its expanded mobile strategy on Thursday in an effort to gain an advantage over rivals amid a proliferation of devices such as smartphones and tablets. The technology services company will offer customers a portfolio of products for security, device management as well as analytics and...
  • IBM employee commits suicide, jumps from her office building January 5, 2013

    Pune: A 30-year-old woman employee working with an IT company in Pune on Friday committed suicide by jumping off the seventh floor of the office building, police said. The woman reported for duty as usual and thereafter went to the top floor and took the extreme step. The deceased was working...
  • Vanitha Narayanan is new MD of IBM India January 3, 2013

    New Delhi: IBM on Thursday said it had appointed Vanitha Narayanan as the Managing Director of its India operations with immediate effect. She takes over from Shanker Annaswamy who will continue to remain in IBM as the Senior Adviser to the corporation on India Enterprise, the company said in a...
  • IBM introduces new powerful mainframe computers August 29, 2012

    New York: IBM introduced a new line of mainframe computers the company calls its most powerful and technologically advanced ever. IBM said its zEnterprise EC12 mainframe server is designed to help clients securely and quickly sift through massive amounts of data, meeting the demands of retail and other clients in the...
  • IBM had considered buying RIM's enterprise division August 10, 2012

    Toronto: International Business Machines Corp has considered buying Research In Motion's enterprise division, Bloomberg reported On Friday, citing two unnamed sources. IBM made an informal approach for the enterprise business that operates the servers used for supporting BlackBerry email and messaging services, one of the sources said, according to Bloomberg. The...
  • Analysis: Tech Inc's invincible aura fades July 11, 2012

    New York: Hopes are evaporating that leading technology companies will offer a safe harbour this year from the economic storms swirling across Europe, Asia and the United States. Investors should brace for some of the biggest names in US software and hardware - from Microsoft Corp and IBM to Intel Corp...
  • Nooyi among Fortune 500's 18 female powerbrokers May 9, 2012

    New York: The India-born chief executive of Pepsico Indra Nooyi is one of the 18 women who are at present at the helm of America's biggest 500 corporations, according US business magazine Fortune. Nooyi is ranked fourth by Fortune in the list of Fortune 500's "female powerbrokers". "Nooyi has overseen a shift...