Big Blue Issuing Thousands of Pink Slips Amid Restructuring
Computer giant IBM reportedly has begun the process of laying off employees in the U.S. as part of a worldwide restructuring plan estimated to cost about $1 billion.
Cloud computing
Amazon Inks $600 Million Deal with CIA for Cloud Computing
Amazon has reportedly won a $600 million dollar, 10-year contract to supply cloud computing services to the CIA. The online retailer will help the spy agency build a private cloud infrastructure to keep up with emerging technologies.
Wall Street Watch Friday: Autodesk Crashes
Are architects, engineers and animators in trouble? It's worth asking because Autodesk -- the longtime provider of 3D design, engineering, and architecture software -- posted disappointing quarterly results on Thursday afternoon.
Adobe Can't Photoshop Away Its Own Fading Prospects
Adobe is No. 1 when it comes to arming publishers with the tools to stand out in cyberspace. Adobe Flash, Adobe Acrobat and Adobe Reader are everywhere. But there are big clouds on the horizon for the software company -- and one is the Cloud itself.
Bill Gates' $160 Billion Nightmare: The Cloud That's Raining on Microsoft's Parade
What terrifies a man as smart and successful as Bill Gates? What's the real reason for his early retirement? These two words.
iCloud Should Add to the Halo Effect for Apple Devices
On Monday, Apple unveiled iCloud, which will allow users to store digital files on remote servers, and access them through smartphones, PCs or tablets. This should give a boost to iTunes, but that accounts for only about 2% of Apple's value. The real gain will be in how iCloud adds to the appeal of Apple's more lucrative devices.
Steve Jobs, iCloud Still Won't Boost Apple's Stock
Steve Jobs received a standing ovation at Apple's annual Worldwide Developers Conference Monday as the company unveiled its iCloud hosted computing service. But despite Jobs' anticipated participation, investors should not expect a huge upswing in the company's stock, one expert says.
IBM Surges Ahead of Microsoft in Market Value
Microsoft used to be the most valuable tech company in the U.S. based on market capitalization. Apple took that crown away last year. Now, IBM has dropped the Redmond, Wash., giant into third place. So what's IBM doing right, and what's Microsoft doing wrong?
The Year in Tech: Top 10 Highlights of 2010
A broad array of technology news helped define 2010, from the launch of Apple's iPad to the arrival of the app to a supernova of Internet stock gains. Here's a look back at those major stories -- and a glimpse of some highlights you can expect next year.
Motorola Buys Zecter to Drive Motoblur Growth
Motorola snapped up virtual media storage maker Zecter, moving to bolster its Motoblur service and drive growth ahead of its split next month into Motorola Mobility and Motorola Solutions.
Investors Boo Dell's Bid for Compellent
Under the agreement, Dell will pay Compellent investors $27.75 a share in cash. Problem is those investors had bid up the stock to above $34 in anticipation of a much a better offer. If they ultimately reject Dell's deal, it'll be another black eye for the computing giant.
Cloud Computing Is Growing Up, and VCs Are Feeding It
On-demand-software giant Salesforce.com just acquired a cloud software startup called Heroku for $212 million in cash. That's par for the course these days as cloud computing goes from buzzword to reality. And venture capitalists are flocking to put money into the next Heroku.
Salesforce.com Takes a Shot at Oracle with New Database.com
As it looks for ways to grow, Salesforce.com is targeting another big market: databases. Its new offering, Database.com, looks to be a direct threat to Oracle. Maybe its time for Oracle to finally get serious about cloud computing.
Standing Cloud Aims to Put the Cloud in Easy Reach
Cloud computing is the new hot trend, but anyone business that has tried to move itself into the cloud has generally been in for a shock. Yes, the cloud may be cheaper than owning servers, but it has its own painful issues. Enter startup Standing Cloud, which wants to make the jump to the cloud into a cake walk.
Apple's Mystery iTunes News: A Yawn for Investors?
The consumer technology giant brags that its iTunes announcement later today will be unforgettable. But the news likely won't be too memorable for investors, even if it turns out to be a Beatles deal, predicts one analyst.
Dell Moves Deeper into Cloud Computing with Boomi Acquisition
After Hewlett-Packard outbid Dell for cloud-computing company 3Par in September, Dell has moved on to a new -- and this time, seemingly painless -- acquisition target: Boomi. The company has developed software to more easily move data from the cloud to customers' computers.
IBM to Put U.S. Government on the Cloud
International Business Machines on Monday said its new Federal Community Cloud will provide cloud-computing services to the U.S. government. IBM is already working with 15 federal departments and is now aiming for state and local governments as well.
Microsoft After Ray Ozzie May Be a Little Less Magical
The chief software architect was the perfect visionary foil to strategy-obsessed CEO Ballmer. His entrepreneurial mind pushed the stodgy software giant to innovate in cloud computing and more. That's a role Microsoft will sorely miss.
Cloud Computing Stocks Take a Breather
Cloud computing stocks got hammered Wednesday when hosting services provider Equinix lowered its guidance. While the dips may be stomach churning, look at them as opportunities to invest in a field that is likely to grow for the long haul.
Sharp Will Offer Two Tablet Devices in Japan by Year-End
Sharp Corp. will sell two tablet-type computer devices in Japan by the end of the year as the company looks to expand usage of its Galapagos cloud-based media service.
Is Oracle the Leader in Cloud Computing?
Although Oracle CEO Larry Ellison was a skeptic only a year ago, he has been talking up cloud computing at the company's annual conference this week.
Big Tech's Buying Binge: Who Will Be Acquired Next?
IBM, Oracle, Hewlett Packard and Intel have been on a buying spree of late, and it's virtually guaranteed that they'll be purchasing more companies over the next several months. But which companies will they target next? Here are eight strong possibilities you might want to buy into.
Why HP and Dell Are Crazy About 3Par
The bidding war for 3Par, which specializes in utility storage, now values the company at three times what it was worth before the offers started coming. What is it about 3Par that's so promising? It's all about the "cloud."
High on Fujitsu's Shopping List: Cloud Computing
Fujitsu wants to shop til it drops, aiming to snap up companies that can ramp up its growth. Cloud computing ranks high on its list, and the company is also eyeing middleware companies.
NASA, Rackspace Join Forces in Cloud Computing Deal
Clouds float free, but customers using cloud computing services are often nailed down by proprietary software. Not for long: This week, No. 2 cloud services provider Rackspace Hosting said it will join forces with NASA to make their software open-source in an initiative called OpenStack.
Do Intel's Record Earnings Signal a New Tech Boom?
Intel's record earnings suggest that companies are starting to loosen up a bit on tech spending as they finally start replacing their four- and five-year-old PCs. This replacement cycle should bid up the stocks of companies in the IT sector. But how long will this wave of higher spending last?
Belatedly, Microsoft Seeks a Place in The Cloud
In a bid to head off the threat of cloud-based computing, Microsoft rolled out key pieces of its Azure platform today at a developer's conference taking place in Washington, DC.