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  • PC Sales Slow in Third Quarter

    (Reuters) – Worldwide sales of personal computers grew more slowly than expected in the third-quarter, according to industry data released on Wednesday, hampered by weak consumer spending in the United States. PC shipments rose 11 percent to 89.7 million units in the July-September period, according to industry tracker IDC. That was below its forecast of…

  • Apple, Verizon iPad Deal: Carrier to Sell Apple’s Tablet

    (Reuters) – Verizon Wireless will join rival carrier AT&T Inc in selling Apple Inc’s iPad later this month as it moves closer to disrupting the exclusive relationship between the device maker and AT&T. Apple’s surprise announcement on Thursday comes weeks ahead of the holiday shopping season, with the company positioning the iPad touchscreen tablet as…

  • Intel Quarter, Forecast Signals Upbeat Tone

    (Reuters) – Intel Corp forecast upbeat fourth-quarter sales and margins as resilient demand from emerging markets and corporations offset weak consumer spending, raising hopes that the technology sector could end 2010 on a strong note. Shares of Intel and rival Advanced Micro Devices Inc, which have warned about weak consumer demand for computers, climbed 1…

  • IBM CloudBurst Cloud Service Platform Expands

    Technology giant IBM announced it is expanding its CloudBurst cloud service platform by delivering the appliance on Power-based hardware as well as currently installed IBM and non-IBM systems. The CloudBurst appliance is designed to automatically integrate hardware, storage, networking, virtualization and service management software for a private cloud environment. Core to the new offering is…

  • Lockheed Martin Sells Enterprise Integration Group to Private Equity Firm

    NEW YORK/WASHINGTON (Reuters) – Lockheed Martin Corp (NYSE:LMT) has agreed to sell its Enterprise Integration Group unit to private equity firm Veritas Capital for $815 million. Lockheed’s decision to sell EIG, which advises government agencies on military platforms, was prompted by a tightening of Pentagon rules aimed at removing potential organizational conflicts of interest caused…

  • Multiple Apple iPad Killer Tablet Computers Loom

    Multiple Apple iPad Killer Tablet Computers Loom Dell StreakWhile the Dell Streak still only runs Android 1.6, it will support over-the-air updates for Android 2.2 later this year. Its 5-inch display has been called too small by some. It offers a 5.0M rear-facing autofocus camera plus VGA front-facing camera and supports a variety of video…

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