analytics

IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share -- a 9.75% premium over Friday's close -- brings a long-time partner into IBM's information management software portfolio.

Twitter announced on Tuesday that it does not plan to run advertisements on its website this year. This comes after a recent modification to the micro-blogging site's terms of service, which makes room for ads. Co-founder Biz Stone announced that the company has sufficient funding for the time...