Encryption software vendor TecSec is suing a number of companies -- including IBM, Oracle, Cisco, SAP, and eBay -- for patent infringement. by Erik Sherman
By Grant McCoolNEW YORK (Reuters) - A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a New York court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades.Rajiv Goel, who was...
By Nicola LeskeFRANKFURT (Reuters) - The abrupt resignation of SAP AG's SAPG chief executive Leo Apotheker put pressure on the group's stock on Monday as the market sought direction on where the world's largest business-software company is headed.Its stock was indicated 0.6 percent lower in pre-market trade before the German...
NEW YORK (Reuters) - IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc.International Business Machines Corp said on Monday its new POWER7 system, including new microprocessors, storage and middleware,...
By Nicola LeskeFRANKFURT (Reuters) - SAP AG SAPG Chief Executive Leo Apotheker in a surprise move will step down with immediate effect amid customer dissatisfaction and what some analysts perceived as a lack of company strategy just seven months after taking over.The German company said late on Sunday it would...
As a rule, it's a good sign when a struggling company invests for the long term, emphasizing research and development over cost-cutting, and customers over Wall Street. SAP, the giant German software company that replaced its CEO in a management shakeup over the weekend, seems to be veering down that sensible path.
In SAP's case, however, a hard look at costs might be unavoidable. Expenses are way out of line compared to those of rivals such as Microsoft (MSFT) and Google (GOOG)
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Yesterday was a big day for big chips, with IBM introducing its Power7 design, Intel formally announcing its Tukwila version of its Itanium chip with Hewlett Packard, and lots of announcements at the International Solid State Circuits Conference. Not surprisingly, just about all the major chip vendors are showing designs...
New York, Feb 9th (TradersHuddle.com) - Shares of International Business Machines Corp. (NYSE:IBM) closed the trading
session at $121.88 below calculated support at $121.9 breaking the stock technically, raising concerns by investors, as the move might trigger more selling.
International Business Machines Corporation (NYSE:IBM) provides c. Read More --
SAP AG (SAP) announced that the SAP Supervisory Board has reached an agreement with CEO Leo Apotheker not to extend his contract as a member of the SAP Executive Board. Leo Apotheker has resigned as CEO and member of the SAP Executive Board effective immediately.
The company said that it would split the leadership between two [...]
Teradata Corporation (TDC) announced that it would release its 2009 fourth quarter results before the market opens on Feb 11, 2010.
During the third quarter earnings release, management had raised its outlook for fiscal 2009 due to continued focus on operational execution, which is driving growth. Accordingly, earnings per share were expected to be in the [...]
CVS Caremark (CVS) posted fourth quarter adjusted earnings of 79 cents, one cent better than Zacks estimates, on revenues of $25.8 billion, which missed Zacks estimates of $26.35 billion
Hasbro (HAS) posted fourth quarter earnings of $1.09, versus Zacks estimates of 81 cents a share on revenues of $1.38 billion up from projections of $1.33 billion
JP ...
SAP AG (SAP) announced that the SAP Supervisory Board has reached an agreement with CEO Leo Apotheker not to extend his contract as a member of the SAP Executive Board. Leo Apotheker has resigned as CEO and member of the SAP Executive Board effective immediately.
The company said that it would split the leadership between two ...
IBM on Monday launched its latest Power7 processor, which adds more cores and improved multithreading capabilities to boost the performance of servers requiring high up time.
IBM has opened a football field-size data center in North Carolina it says will rely heavily on outside air for cooling as it turns up the heat inside, gradually.
This new data center, about 60,000 square-feet in the Research Triangle Park N.C., incorporates IBM's latest approaches to energy. It includes thousands of sensors that dynamically monitor temperature, humidity, air flow, and circuits all of which is integrated into the building's management and IT systems. The data center will be supporting cloud platforms.
IBM announced Wednesday that it plans to buy MDM (master data management) vendor Initiate Systems. Terms of the deal, which is scheduled to close in the first quarter, were not disclosed.
Master data refers to classes of information such as products or suppliers that are common to a number of systems and applications within a company. MDM software is used to make sure master data entities are kept consistent and accurate.
Just a day before Oracle announces its intentions vis-à-vis its newly acquired Sun Microsystems technologies, IBM plans on Tuesday to expand efforts to help migrate Sun users to Big Blue.
Get daily news and insights for the advertising, automotive, energy, financial services, food, health care, media, pharmaceutical, retail, technology, and travel industries.
