Recent Articles
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Windows Start to Seven
Windows Start to Seven No Title Under pressure to compete against Apple’s Mac GUI, Microsoft developed and released Windows 1.0. It wasn’t a true operating system, but rather a navigation extension to MS-DOS. Version 2.0 was slightly more palatable to users, which caused Apple to sue for patent infringement. The market didn’t accept the…
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IBM Executive on Leave After Insider Trading Arrest
NEW YORK (Reuters) – IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme. Moffat, senior vice president and head of International Business Machines Corp.’s systems and technology group, is being charged with passing on insider information to a hedge fund. He had…
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Microsoft Calls for Trade Rules Governing Software Services
By Doug Palmer WASHINGTON (Reuters) – Countries need to forge new trade rules governing the movement of electronic data across borders as the world becomes increasingly connected, a Microsoft official said on Wednesday. As more and more software services are provided over the Internet, "people will be calling on computers located around the world," said…
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IBM Quarter Shows Higher Net Income, but No Technology Spending Rebound
IBM (NYSE: IBM) posted third quarter net income of $3.2 billion on total revenues of $23.6 billion. Revenues climbed by 1 percent sequentially and increased 7 percent from the same period a year ago, while net income climbed by 14 percent. CFO Mark Loughridge told analysts during a conference call following the earnings announcement that…
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Laptop Sales Boost AMD Quarter Results
By Ian Sherr and Clare Baldwin SAN FRANCISCO (Reuters) – Strong notebook processor sales helped Advanced Micro Devices Inc (NYSE: AMD) post a narrower than expected loss and turn its core chipmaking business profitable, but the results failed to excite investors, who sold off its shares. The stock of the chip maker — which has…
