Computer industry
International Business Machines Corp. aims to lift earnings per share as revenue growth remains anemic, relying on share repurchases to compensate for weaker sales and earnings. The company's dividend will increase by 10 per cent, rising to 22 cents a share, and a $3.5 billion share buyback
Computer industry
Hewlett-Packard has been working on transforming itself into the world's top computer company for two years, and on Monday, the company unveiled the final major pieces of its strategy. As part of its plan, HP is expanding its product line to include desktop and portable PCs, a move
Computer industry
U.S. stocks surged to record highs on Monday as International Business Machines Corp. (IBM) provided a surprisingly upbeat profit outlook, suggesting that earnings for various companies might be better than expected. This optimism was reflected in the Dow Jones industrial average, which set a new record, and the Nasdaq
Computer industry
IBM announced its latest innovation in systems management with the launch of the highly-managed PC 300PL, the first IBM PC based on Intel's BX core chip set. This new technology boasts industry-leading capabilities in deployment, inventory, and security, helping customers lower the total cost of running their networks.
Computer industry
The Energy Department has chosen IBM to build a supercomputer capable of 10 trillion calculations per second, a leap forward in the ability to track the reliability of the US nuclear arsenal. The new system, to be delivered in two years, will significantly enhance the ability to monitor the stockpile
Computer industry
IBM, a leading technology company, and CommQuest Technologies, a privately held semiconductor company, have entered into a merger agreement that will accelerate the development of multifunction, low-cost, mobile "information appliances." The merger will combine IBM's expertise in semiconductor technology and manufacturing with CommQuest's recognized
Computer industry
Apple's board meeting ended with the resignation of chief financial officer Joseph Graziano, who had rejoiced in the company's independent status, but argued it was unprofitable. Graziano's departure, amidst discussions of Microsoft's interest in acquiring the company, has sparked speculation about Apple&
Computer industry
Intel, the manufacturer of the 80386 and compatible microprocessors, has been instrumental in shaping the Wintel PC industry. Despite its success, Intel's increasing market share and aggressive expansion into new areas have raised eyebrows among critics. With annual sales reaching $11.5 billion in 1994 and an operating
Microsoft Corp.
As the popularity of the Internet surges, it is no longer a novelty, but a reality that is transforming industries and lives worldwide. Just like the introduction of the PC in 1981, the Internet is bringing about a significant development in the computer industry, revolutionizing the way people communicate, access
Microsoft Corp.
I.B.M. and Microsoft are at odds over the participation of one of I.B.M.'s top software executives at an industry trade show. Leland R. Reiswig Jr. was scheduled to deliver the closing keynote speech at the Windows Solutions trade show in San Francisco on September
Software
The world's largest computer firms, including Intel, IBM, and Hewlett-Packard, are joining forces to counter the growing influence of Microsoft in the business software market. By endorsing a single standard for the next generation of Unix operating software, the group aims to protect their position in the lucrative
Software
A new era of virtual collaboration is on the horizon with the announcement of Virtual Reality Modeling Language+ (VRML+), a jointly proposed extension to the emerging Internet standard, Virtual Reality Modeling Language (VRML). Developed by IBM and Worlds Inc., VRML+ will enable users to interact with each other in multi-user
