The fact that IBM's $29.5bn in sales in the fourth quarter (up 1.6 per cent) was about $200m shy of Wall Street's expectations was not as big a deal to the company's top brass as the fact that net income of $5.5bn was up 4.4 per cent and higher than the Street anticipated. Why? Simple. As it has proved in the past decade as it divested itself of various businesses, Big Blue doesn't give a rat's patootie about revenue growth. The company's financial wizards are only focused on two things: growing share in the market segments and geographies it plays within and growing profits.
Google’s share price fell sharply after the company released results that underperformed market expectations, with after-hours trading seeing the stock price fall by nearly ten per cent.
Microsoft has released its quarterly results, and reports that Windows revenues are down 6 per cent when compared with the previous quarter.
ReviewReview I’ve reviewed various models in Iomega’s ScreenPlay range in the past and, to be honest, haven’t been wildly impressed by any of them. Weaknesses such as the inability to list album tracks in the correct order suggested that Iomega’s designers hadn’t exactly thought things through properly.
An advertising icon that explains to internet users about online behavioural advertising (OBA) should be displayed alongside almost every ad regardless of whether they themselves are targeted ads, an industry body has said.
NASA has switched off a heater on a part of the Voyager 1 probe, plunging the temperature of its one functioning instrument to below minus 110° Fahrenheit (minus 79°C) – well below the minimum temps of minus 31° Fahrenheit (minus 35° C) at which it was designed to operate.
An NHS Trust is having to pay GPs to use its new cost-cutting Telehealth project - which sticks sensors in patients' homes to monitor their life signs.
Six European Nexenta disties are setting up EraStor to sell pre-built Nexenta/Super Micro storage servers, and there is a Coraid Ethernet storage array connection.
A decision to kill leap seconds and permanently change how time is measured has been deferred until 2015 by the International Telecommunication Union.
UpdatedUpdated Avnet Technology Solutions has admitted that server hard disks stolen during a break-in at one of its offices contained confidential data on staff, reseller customers and vendors.
Boffins looking for the perfect alliance between science and technology have married quantum computing to the future of IT - the cloud.
Nike continued to put the swish into fitness trackers this week, unveiling its latest wristband to aid the conscious calorie consumer.
Sony has spruced-up its MP3 player collection with another refresh of its Walkman music clips.
Concerns about using Linux on servers to crunch huge data workloads are evaporating, according a survey.
US researchers have concluded that there's little evidence to support the existence of the legendary Gräfenberg Spot - a bundle of nerves located in the front wall of the vagina which can supposedly cause the earth to move.
QuotwQuotw This was the week in which Google tiptoed into the weird end of the news when it patented tracking your fridge - yes, your fridge. The designs describe registering the change of ownership of an appliance as well as storing info about its usage in a communications card.
Education technology provider RM has cut loose its loss-making access control and cashless catering system wing of its AMI business, known as Easytrace.
Apple is set to open a shrunken version of its Apple Store in the toffs' shopping establishment, Harrods.
Twitter has bought news-hungry Canadian startup Summify for an undisclosed sum. The upstart biz, which developed a mobile app that automatically rifles through articles being shared across social networks and gathers them together, will up sticks to Twitter's San Francisco office.
ReviewReview Samsung's NX200 compact system camera (CSC) is not a mere upgrade of its predecessor but a game-changer for the company’s place in the mirrorless cameras market. Not only does the NX200 look completely different to the NX100 but Samsung has also upped its game and provided this newcomer with head-turning specs designed to attract enthusiasts and semi-pro users.
A programmer faces imminent execution in Iran after the country's supreme court upheld his conviction for "developing and promoting pornographic websites".
BT suffered what it described as a "major business broadband problem" today, which kicked off at about 07.25 GMT.
Fossil-boffins probing into the remains of a soft-bodied tulip animal that lived in the Rockies 500 million years ago have just published a paper revealing the secrets of the weird creature.
Nokia's ever-expanding friendship with Microsoft means that come 2015, the Windows Phone platform will overtake Apple's iOS as the world's second most-favoured operating system after Android.
Mozilla is promoting a browser-based alternative to usernames and passwords for website logins.
AnalysisAnalysis Mountain View is still struggling to explain exactly how many of the people who have at least signed in once to its social network are actually sticking around and sharing posts with other users.
Budding authors attracted to Apple's latest content-creating tool should tread with care lest the small print locks them in tighter than they'd imagined.
Like the idea of a car that has the all-round clear viewing of a convertible but doesn't let the rain in? Philips and chemicals giant BASF are working on the basis for just such a notion, using OLED technology.
Emails between Apple, Adobe, Intel and others are making them look bad as the US Justice Department mounts a case against them for setting up "anti-poaching" deals in which they allegedly agreed not to hire each other's people away.
The government has secured the future of the science and tech quango NESTA, which was previously uncertain. Like the Design Council, NESTA will be reconstituted as a charity, the Department for Business said today.
The US Supreme Court has rejected a case that argued that works whose copyright terms have once expired should remain in the public domain, even if the term of copyright is subsequently extended to cover them again.
Ingram Micro chief exec Greg Spierkel is today standing down after nearly six years in charge.
Microsoft today confessed there are graphical issues surrounding the latest version of its Xbox 360 UI, Dashboard, but insisted an update to fix the problem is already in the works.
A German court in Mannheim has ruled against one of the patents in a suit brought by Samsung against Apple, one of the many battlegrounds in the tech titans' patent wars.
SSD maker, Flash and DRAM fab operator Micron is buying Virtensys, a startup selling PCIe-sharing appliances
Intel's president and CEO Paul Otellini said in a conference call with Wall Street analysts after the market closed yesterday that the "Sandy Bridge-EP" Xeon E5 processors and their related "Romley" server platforms, are now in volume shipment and due to be launched during the first quarter, as was widely speculated.
Iranian government-backed broadcaster Press TV has finally got its fondest wish and lost its UK broadcast licence, but its martyrdom is self-inflicted rather than the result of any government conspiracy.
Pour yourself another one, quickly, as scientists have proven that alcohol can double life-span.
Political leaders have cancelled plans to vote on the SOPA and PIPA legislation currently before Congress, saying more time is needed to examine the issue.
Management changes at Intel make it more clear who might end up running the company – after the current execs decide to retire many years hence – and who is going to be leading the fight against ARM processors at the bottom of the Intel line and RISC processors at the top.
Intel CEO Paul Otellini sees his company moving into all levels of the tablet and handset markets, from Android and Windows 8 fondleslabs to smartphones, feature phones, and what he dubbed "value phones".
Microsoft has thrown its political weight behind a new law in its home state of Washington that would set up equal marriage rights for LGBT couples, an effort joined by local employers RealNetworks and Nike.