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IBM wins $83 million from Groupon in internet patent fight

IBM wins $83 million from Groupon in internet patent fight

Sat, Jul 28, 2018

"IBM invests nearly $6 billion annually in research and development, producing innovations for society," IBM spokesman Douglas Shelton said in a statement. "We rely on our patents to protect our innovations. We are pleased by the jury`s verdict."

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IBM unveils next-gen servers designed for AI era

IBM unveils next-gen servers designed for AI era

Sat, Jun 09, 2018

Tech giant IBM has unveiled its next-generation servers incorporating its newly designed POWER9 processor for handling compute-intensive Artificial Intelligence (AI) workloads

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IBM announces new hiring in France as CEOs meet Macron

IBM announces new hiring in France as CEOs meet Macron

Wed, May 23, 2018

IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft.  

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Did you just buy a fake product? Check for counterfeit stuff soon; here is how

Did you just buy a fake product? Check for counterfeit stuff soon; here is how

Tue, Mar 20, 2018

The IBM scientists are working on an approach that uses plankton, which are natural, biological sensors of aquatic health. The technology would be helpful in situations like oil spills and runoff from land-based pollution sources, and to predict threats such as red tides, IBM said. The IBM researchers have already developed a post-quantum encryption method, which is submitted to the US government, called lattice cryptography. 

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I-T busts refund fraud, claims nexus between employees of top companies, CA

I-T busts refund fraud, claims nexus between employees of top companies, CA

Thu, Jan 25, 2018

The Income Tax Department today claimed to have busted a racket of extracting fraudulent tax refunds by employees of bellwether companies like IBM, Vodafone and Infosys in alleged connivance with a Chartered Accountant (CA) in Bengaluru, the IT capital of the country.

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Microsoft tops Thomson Reuters top 100 global tech leaders list

Microsoft tops Thomson Reuters top 100 global tech leaders list

Wed, Jan 17, 2018

Thomson Reuters Corp on Wednesday published its debut "Top 100 Global Technology Leaders" list with Microsoft Corp in the no. 1 spot, followed by chipmaker Intel Corp and network gear maker Cisco Systems Inc .

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Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Sun, May 28, 2017

Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.

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Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Sun, May 07, 2017

Berkshire Hathaway co-founder and CEO Warren Buffett while addressing the company's Annual General Meeting on Saturday healthcare, trade, stock buybacks, investment in Apple and IBM, among others.

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Warren Buffett assails Wells Fargo, defends 3G at wide-ranging meeting

Warren Buffett assails Wells Fargo, defends 3G at wide-ranging meeting

Sun, May 07, 2017

Berkshire Hathaway chairman Warren Buffett on Saturday during a meeting criticised Wells Fargo & Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal.

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Will US Prez Donald Trump's new executive order hamper costs, biz of Indian IT firms?

Will US Prez Donald Trump's new executive order hamper costs, biz of Indian IT firms?

Wed, Apr 19, 2017

 The US president Donald Trump ordered a review of the US visa programme for bringing high-skilled foreign workers into the country which is likely to have impact on businesses of Indian IT firms. 

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Lloyds looks to move 1,900 staff to IBM to cut costs

Lloyds looks to move 1,900 staff to IBM to cut costs

Mon, Mar 13, 2017

Chief Executive Officer Antonio Horta-Osório is looking to shed thousands of jobs to streamline the business, support dividend payments and boost the share price as the government prepares to sell down its remaining stake in the bank this year.

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CBI case a 'shock'; will hit Air India hard, says Lohani

CBI case a 'shock'; will hit Air India hard, says Lohani

Sat, Jan 14, 2017

Ashwani Lohani said, "Air India that has been a victim of gross indecision in recent years and only lately had started to come out of its slumber will also take a hit, I am absolutely certain, as an outcome of the unfortunate turn that this case has now taken."

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Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

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Former TCS chairman Kohli denies Mistry's IBM claims

Former TCS chairman Kohli denies Mistry's IBM claims

Wed, Nov 23, 2016

He said, "I was actively involved in the decision to bring IBM to India. A JV for hardware manufacturing and support in India, Tata IBM, was set up in 1991-92. This JV was undertaken to promote a computer hardware industry in India which was non-existent at that time."

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IBM Q3 revenue falls, but tops forecasts on cloud, analytics growth

IBM Q3 revenue falls, but tops forecasts on cloud, analytics growth

Tue, Oct 18, 2016

International Business Machines Corporation (IBM) posted better-than-expected third-quarter (Q3) revenue on Tuesday, helped by growth in the company's cloud and analytics businesses.

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Why artificial intelligence startups are most sought-after in last 4 years

Why artificial intelligence startups are most sought-after in last 4 years

Thu, Jun 30, 2016

There have been over 20 acquisitions of AI startups in 2016 itself. The most recent being Twitter's acquisition of visual-processing startup Magic Pony Technology.

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Warren Buffett buys stake in Apple

Warren Buffett buys stake in Apple

Mon, May 16, 2016

Berkshire is also backing a takeover bid for the core assets of struggling Internet company Yahoo.

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IBM reports worst quarterly revenue in 14 years as businesses fail to halt decline

IBM reports worst quarterly revenue in 14 years as businesses fail to halt decline

Tue, Apr 19, 2016

IBM's revenues fell 4.6% to approximately Rs 1.24 lakh crore as newer businesses including cloud and mobile computing failed to offset declines in its traditional business

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IBM reports worst revenue in 14 years, shares slide

IBM reports worst revenue in 14 years, shares slide

Tue, Apr 19, 2016

Excluding items, IBM earned $2.35 per share, beating the average analyst estimate of $2.09. 

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