Arik Hesseldahl in News on January 2 at 9:33 am PT
Palmisano will be remembered as the man who sold IBM’s PC division to China’s Lenovo. Seven years later, it seems to have been a good trade for both parties.
Arik Hesseldahl in News on December 30, 2011 at 1:10 pm PT
After running HP for 11 months, former CEO Léo Apotheker got several million dollars in severance benefits. Exactly how much is hard to determine. For that, HP has won a unique and dubious award.
Arik Hesseldahl in News on October 25, 2011 at 1:29 pm PT
Big Blue has a new boss who will take over on New Year’s Day.
News Byte
Arik Hesseldahl in News on October 4, 2011 at 4:45 am PT
IBM bought 15 companies last year, yet has only bought three this year. Could it be on the verge of a new wave of dealmaking? A senior Big Blue exec signals that it just might.
John Paczkowski in News on March 14, 2011 at 11:59 am PT
IBM won’t be making scoffing noises from the back of the room at Hewlett-Packard’s big strategy meeting in San Francisco today, but that isn’t stopping the company’s execs from blowing a few raspberries in the media.
Arik Hesseldahl in Enterprise on February 15, 2011 at 5:16 pm PT
Spoiler warning! When we last left our human heroes, one of them had drawn even while another was far behind the supercomputer Watson in a match of the uniquely human game of “Jeopardy.” The computer was winning raves for holding its own against the game’s best human players. That would soon change with a surprising twist at the very end.
John Paczkowski in News on August 6, 2010 at 4:21 pm PT
Now that Mark Hurd has resigned as CEO of Hewlett-Packard, to whom will the company look to replace him? If HP’s directors are smart, they’ll give Apple’s Tim Cook a call, but realistically who are they likely to consider?
John Paczkowski in News on July 19, 2010 at 1:25 pm PT
Has IBM benefited from the overall uptick in corporate spending? Obviously. Posting second-quarter results after the market’s close Monday, the company reported earnings per share of $2.61, besting estimates, though revenue fell a bit short of forecasts.
John Paczkowski in News on March 3, 2010 at 4:41 am PT
So much for IBM’s lifetime employment concept. In 2009, the company sacked as many as 10,000 employees. Now comes word of thousands more losing their jobs in what the company likes to refer to as “resource actions.”
John Paczkowski in News on January 19, 2010 at 1:25 pm PT
Investors hoping IBM’s latest financials would keep the tech rally alive seem to have gotten their wish. Reporting fourth-quarter earnings after the close of trading Tuesday, Big Blue posted a profit of $4.8 billion, or $3.59 a share, on $27.23 billion in revenue.
