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Facebook shares hit record high as market likes earnings

Facebook shares hit record high as market likes earnings

Last Updated: Thursday, July 24, 2014, 19:57

Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world`s No. 1 social network trounce analysts` expectations for quarterly profit and revenue.

Apple, IBM to develop Apps for iPhones, iPads

Last Updated: Wednesday, July 16, 2014, 14:56

The agreement will also allow the New York-based software maker to sell iPhones and iPads with solutions targeting enterprise clients.

IBM signs up to help fight China`s war on smog

Last Updated: Monday, July 07, 2014, 09:08

IBM Corp has signed an agreement with the city of Beijing to use advanced weather forecasting and cloud computing technologies to help tackle the Chinese capital`s persistent smog.

Lenovo expects IBM, Mobility deals to be completed by year end

Last Updated: Wednesday, July 02, 2014, 09:09

Proposed purchases by China`s Lenovo Group Ltd of IBM Corp`s low-end server unit and Google Inc`s Motorola Mobility business should be completed by year-end, Lenovo Chief Executive Officer Yang Yuanqing said on Wednesday.

IBM, Lenovo server deal in limbo over security worries: Report

Last Updated: Thursday, June 26, 2014, 11:36

The long-expected acquisition in January came nearly a decade after Lenovo bought IBM`s money-losing ThinkPad business for $1.75 billion, which had also faced scrutiny.

IBM overtakes Trend Micro as No. 3 security software maker

Last Updated: Wednesday, June 11, 2014, 04:04

IBM overtook Japan`s Trend Micro Inc <4704.T> to become the world`s No. 3 provider of security software last year, after acquiring cybersecurity firm Trusteer, according to market share data released on Tuesday by Gartner.

IBM patents technique to detect fraud

Last Updated: Sunday, June 01, 2014, 19:24

IBM has reportedly patented a technique that analyses click patterns of users to detect fraud online.

HCL Technologies bags $500 million deal from Pepsi

Last Updated: Tuesday, May 20, 2014, 13:52

Country's fourth largest software services firm HCL Technologies has bagged a deal estimated to be around USD 500 from beverage giant PepsiCo.

IBM creates new class of recyclable polymers

Last Updated: Monday, May 19, 2014, 18:59

Researchers at IBM have created a new family of experimental polymers that could deliver cheaper, lighter, stronger and recyclable materials ideal for electronics, aerospace, airline and automotive industries.

IBM facing "rocky time", but poised for change: CEO

Last Updated: Monday, May 12, 2014, 10:52

IBM Corp is facing a "rocky time," Chief Executive Virginia Rometty told the New York Times, but said she and the company now have a clear vision on how to pursue another generation of growth.

Dow ends at record high; Apple drags on S&P 500, Nasdaq

Last Updated: Saturday, May 10, 2014, 09:51

The Dow ended at a record high on Friday, boosted by IBM, while a rebound in high-growth momentum names helped the broader market.

TCS, Infosys in fray for Airtel's $1-2 bn IT contract

Last Updated: Tuesday, May 06, 2014, 19:22

Domestic firms including TCS, Infosys and Wipro are vying for Bharti Airtel's IT services contract said to be worth USD 1-2 billion, which is likely to close soon.