Office equipment industry
Hitachi Ltd. has developed a mainframe computer with the world's highest data-processing capability, boasting a processing speed of 280 million instructions per second (MIPS). This remarkable achievement surpasses its rivals, International Business Machines Corp. (IBM) and Fujitsu Ltd., which can only handle a maximum speed of 1,050
Office equipment
IBM has created a groundbreaking hybrid semiconductor chip that combines processing power and memory capabilities, paving the way for smaller, more powerful electronic devices. The new chip, known as the SA-27E, is the result of four years of development and boasts a staggering 24 million circuits. With the ability to
Telecommunications industry
AT&T Corp. has agreed to purchase IBM Corp.'s global communications network for $5 billion in cash, marking a significant move to enhance its international reach and position in the modern phone industry. The deal, which marks a major gap in AT&T's operation,
Telecommunications industry
AT&T and IBM have announced a series of strategic agreements that involve the acquisition of IBM's Global Network business by AT&T for $5 billion in cash, as well as the signing of outsourcing contracts between the two companies. The acquisition is seen as a
Telephone services
AT&T has acquired IBM's Global Network in a deal that will see the two companies outsource chunks of their operations to each other, resulting in thousands of employees moving between the two companies. The partnership will allow AT&T to strengthen its global reach and
Telephone services
AT&T Corp.'s $5 billion acquisition of IBM's global data network marks a significant step in the company's bid to strengthen its global presence. The deal, which also includes a $4 billion outsourcing contract over 10 years, brings IBM employees into AT&
Software
The BioAPI Consortium, an industry initiative formed by major technology companies, has announced the delivery of a statement of scope and a high-level application architecture outline for a biometric API specification. This milestone marks an important step towards developing an industry standard for biometric technologies, which are crucial for secure
Software
IBM and StorageTek have announced plans to significantly improve the performance and functionality of the IBM RAMAC Virtual Array (RVA), a high-end storage system, in 1999. The enhancements will provide significant benefits to customers, including improved OLTP response time, increased storage capacity, and the ability to meet the demands of
Computer industry
The rise of internet commerce was supposed to eliminate middlemen and enable businesses to sell directly to their customers. However, the examples of successful internet businesses, such as Yahoo! and Amazon.com, reveal a paradox. As the internet enables price comparison and price wars, it may not deliver the promised
Computer industry
MGM Grand Hotel/Casino, the City of Entertainment in Las Vegas, has formed a partnership with IBM, InfoGenesis, and Symbol Technologies to implement a unique customer service-driven wireless point-of-sale (POS) application in retail areas where standard networking poses cabling difficulties. The company has already been using the InfoGenesis Retail POS
Software
Tivoli Systems Inc. has announced that 14 new products from various vendors have achieved certification under guidelines established by the Tivoli Partner Association. This milestone marks a significant step towards providing customers with seamless solutions that can be quickly integrated into a Tivoli environment, resulting in improved management and a
Software
IBM and Sun Microsystems have made JavaOS for Business software available for immediate use, providing a cost-effective means for companies to centrally manage business applications using Java technologies in network computing environments. This new product enables companies to store and manage applications on a centralized server, making it easier to
