IBM launches Linux-only mainframe system LinuxONE

Last Updated: Monday, August 17, 2015, 23:55

International Business Machines Corp said on Monday it launched Linux-only mainframe servers called LinuxONE.

IBM to buy Merge Healthcare in $1 billion deal

Last Updated: Friday, August 7, 2015, 08:22

IBM Corp said it would buy medical image company Merge Healthcare Inc in a $1 billion deal and combine it with its newly formed health analytics unit, which is powered by its famous Watson supercomputer.

IBM to buy Merge Healthcare in $1 billion deal

Last Updated: Thursday, August 6, 2015, 22:16

International Business Machines Corp said it would buy Merge Healthcare Inc, which provides medical images and clinical systems, in a $1 billion deal and combine it with its Watson Health analytics unit.

IBM, United Tech drag Dow; Apple results weigh on futures

Last Updated: Wednesday, July 22, 2015, 06:25

U.S. stocks closed lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.

IBM revenue falls for 13th straight quarter, shares dip

Last Updated: Tuesday, July 21, 2015, 09:16

Shares of the world`s largest technology services company fell about 5 percent in after-market trading on Monday.

IBM revenue falls for 13th straight quarter; shares dip

Last Updated: Tuesday, July 21, 2015, 03:34

International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.

IBM unveils 'breakthrough' computer chip

Last Updated: Friday, July 10, 2015, 00:22

IBM Thursday unveiled a powerful new chip which the company says could boost computing power of "everything from smartphones to spacecraft."

Oracle expands cloud services to take on Amazon, Microsoft

Last Updated: Tuesday, June 23, 2015, 17:46

Oracle on Tuesday expanded its cloud service offerings with an emphasis on PaaS (platform-as-a-service)as it launched 24 new technologies aimed at leap-frogging over rival brands like Amazon, Microsoft and IBM.

Deutsche Bank partners with Microsoft, HCL, IBM in tech lab launch

Last Updated: Wednesday, June 3, 2015, 15:33

"These labs will act as a bridge between start-ups and different parts of the bank, enabling it to apply innovative technology to enhance service to clients and internal processes," said Henry Ritchotte, Chief Operating Officer and Chief Digital Officer at the bank in a statement.

IBM to set up data centre in India

Last Updated: Friday, May 22, 2015, 17:01

The US-based firm has made a USD 1.2 billion investment in cloud centres across major markets globally.

Buffett's Berkshire adds to favourites IBM, Wells Fargo

Last Updated: Saturday, May 16, 2015, 03:40

Berkshire also boosted its share stake in U.S. Bancorp , another large holding, while other portfolio managers adjusted their stakes in several companies.