Recent Articles
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Twitter CEO: Google, Facebook Acquisition Talks ‘Just a Rumor’
Twitter CEO Dick Costolo dismissed as rumors reports that Google and Facebook have offered to purchase the microblog service, the latest in an acquisition story with a long tail. The Wall Street Journal rekindled the rumor when it said Google and Facebook help low-level talks with Twitter about buying the company for $8 billion to…
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IBM’s Watson Makes Jeopardy! Debut Against Human Champs
While it initially looked like a rout, the humans clawed their way back during the first round of Jeopardy! and forced IBM’s supercomputer to tie for the lead. The first segment of the long-anticipated two-game Jeopardy tournament between former Jeopardy! champions, Ken Jennings and Brad Rutter, and Watson aired on Feb. 14. Watson and Rutter…
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Government VAR ManTech Acquires TranTech
ManTech International, a solution provider that works with national security programs, has acquired government IT, cyber-security and networking solution provider TranTech. The terms of the deal were not disclosed, but ManTech said it would provide further information on its Feb. 23 fourth-quarter earnings conference call. With the acquisition, ManTech gets TranTech’s position on the Defense…
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PC Maker Dell Forecasts Fiscal Year Revenue Increase
SAN FRANCISCO, Feb 15 (Reuters) – Dell Inc’s (NASDAQ:DELL) quarterly earnings and margins blew past Wall Street expectations as component costs slid and corporations replaced aging technology, propelling its shares 6 percent higher. Its forecast for a 5 to 9 percent rise in current fiscal-year revenue also modestly surpassed Street targets. Dell executives expressed full…
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Tech CFOs Sound Off On 2011
Tech CFOs Sound Off On 2011 77 percent of CFOs at top U.S. tech companies expect revenue to increase in 2011. No Title These financial leaders forecast an increase of 10.4 percent over 2010–a big improvement over the slim 1.6 percent increase in 2010 over 2009. No Title 78 percent of tech CFOs believe that…
