Recent Articles
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IBM Service Deals Slower, But Mainframe Sales Up
NEW YORK, Oct 18 (Reuters) – IBM won fewer technology services deals than expected in the third quarter, sending its shares 3.7 percent lower, although it announced stronger profits and raised its full-year outlook A decline in services and outsourcing contracts signed in the quarter, a key indicator of future revenue growth, prompted some investors…
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Microsoft’s Ray Ozzie to Retire as Software Chief
SEATTLE, Oct 18 (Reuters) – The Microsoft Corp (NASDAQ:MSFT) executive who took over the role of chief software architect from Bill Gates is to step down, following a tenure in which the Windows-maker lost ground to Google and Apple. Chief Executive Steve Ballmer said Ray Ozzie would not be replaced, raising questions about the leadership…
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HP Hires Nokia Meego Executive to Head Up WebOS
(Reuters) – Hewlett-Packard has hired Ari Jaaksi, a software executive from Nokia, as a Senior Vice President of its new mobile operating system webOS, a spokeswoman for HP said on Friday. Earlier this month Nokia said Jaaksi, the head of Finnish handset makers key Meego software platform, had decided to leave the company. Nokia, once…
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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…