How Long Can IBM Keep Going Like This?

IBM reports quarterlies after the close of markets today. Bernstein Research’s Toni Sacconaghi says it should beat the Street, but expectations for its revenue growth should come down.
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IBM Sees Strong International Growth, Swipes at Oracle

IBM’s earnings highlights show a pronounced strength in markets outside the Americas. Big Blue also took a few shots at Oracle.
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Zynga Rolls Out New Virtual Currency in Addition to Facebook Credits

Zynga is announcing a new virtual currency today called “zCoins,” which will allow users to earn rewards across 10 of its most popular games on Facebook.

Fed Up With Facebook? Hi5 Tells Social Game Developers There's an Alternative.

The spotlight at the 2011 Game Developers Conference this week in San Francisco will be social networking, as Facebook has become an undeniable powerhouse in the industry–and a considerable force to reckon with. In advance, we caught up with Alex St. John of Hi5, who has come up with an alternative he calls the “anti-social networking platform.”

Mobile World Congress Notebook: Battle of the Behemoth Booths

Aiming to capture the flavor of Barcelona, Mobilized’s Ina Fried reports back on some of the more massive booths at Mobile World Congress, including a two-story booth devoted to Android and an entire hall of wares from Sweden’s Ericsson.

Worldwide IT Spending Growth Speeds Up, Gartner Says

Good news, right? Yes, but it’s complicated by the weakness of the U.S. dollar.

Citi: Worst May Be Over for Internet Stocks

More fuel for the “things may not be getting worse, and may even be getting a little bit better” meme that I’ve been detecting (or perhaps promulgating ) recently: Citigroup analyst Mark Mahaney notes that the Internet stocks he covers are up an average of 28 percent so far this year while the tech-heavy NASDAQ is only up seven percent and the broader S&P is down two percent. If this keeps up, we might have an M&A market again. Wouldn’t that be interesting?
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Ericsson: Thanks a Lot, Sony

Now we know why Ericsson declined to offer a specific business outlook for 2009 when it last reported earnings. This morning the company posted a 35 percent drop in first-quarter profit, its financials undermined by its Sony Ericsson joint venture and by customers postponing purchases because their local currency has collapsed.

Oracle: Another Estimate Cut Ahead of Earnings Dec. 18

More analysts are cutting estimates on Oracle ahead of its earnings report on Dec. 18. David Hilal of Friedman Billings Ramsey expects the company to perform at the low end of guidance. But while Oracle is expected to implement cost-cutting measures–with only 23 percent loss in stock price (compared to 41 percent for the Nasdaq Composite and 39 percent on the S&P 500)–at least it’s beating the market. For now, anyway.

There's Still Trouble Ahead for The Tech Sector

Yes, it sure is nice to see stock prices flashing green. But despite the market’s historic two-day move, there are still reasons to worry about what happens to technology shares over the next several quarters.

iPhone: Not So Big in Japan