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."

IBM sues Priceline over patents

Last Updated: Wednesday, February 11, 2015, 07:14

IBM is suing Priceline over a set of patents that the century-old technology firm says have been vital to the relative newcomer`s success.

IBM unveils powerful servers in India

Last Updated: Monday, January 19, 2015, 22:40

Global IT major IBM Monday unveiled its most powerful mainframe servers here to meet the growing requirements of India`s mobile economy.

Lenovo to buy IBM`s low-end server business for $2.3 bn

Last Updated: Thursday, January 23, 2014, 15:44

Chinese computer giant Lenovo will buy IBM`s low-end server business for USD 2.3 billion, it said Thursday, giving it a platform to compete in that sector with US giants Dell and Hewlett-Packard.

IBM misses revenue targets for fourth straight quarter

Last Updated: Wednesday, January 22, 2014, 09:35

IBM missed revenue expectations for the fourth straight quarter as it grappled with weakening demand for servers and storage in emerging markets such as China.

Will aggressively defend against tax demand: IBM

Last Updated: Wednesday, December 4, 2013, 19:09

US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore.

IBM says will `aggressively` contest India tax demand

Last Updated: Wednesday, November 6, 2013, 19:37

The local unit of US technology services giant IBM said Wednesday it will "aggressively defend itself" through legal means against an Indian tax demand for a reported USD 865 million.

IBM settles with US Justice Department over job listings

Last Updated: Monday, September 30, 2013, 11:56

IBM has agreed to pay USD 44,400 in civil penalties to settle allegations that certain of its online job postings preferred foreign workers with temporary work visas over US citizens, the US Department of Justice said.