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  • HP Planning Networking, Software, Storage Business Investments

    Jan 14 (Reuters) – Hewlett-Packard Co (NYSE:HPQ) is formulating what it calls a "bold" plan for its future under new chief executive Leo Apotheker, but dismissed a report that it would reshuffle its top executives. The world’s No. 1 U.S. computer maker, which has been roiled since the surprise exit of former CEO Mark Hurd…

  • IBM Supercomputer Beats Humans in Jeopardy Match

    Watson, IBM’s latest DeepQA supercomputer, defeated its two human challengers during a demonstration round of Jeopardy on Jan. 13. The supercomputer will face former Jeopardy champions Ken Jennings and Brad Rutter in a two-game, men-versus-machine tournament to be aired in February. However, the Jeopardy match-up was not the "culmination" of four years of work by…

  • Cloud, Analytics Will Drive Midmarket Growth

    The midmarket is investing in IT again, and it’s focusing on IT infrastructure improvements, collaboration, business analytics and business performance management, according to a survey from IBM. Fifty percent of companies surveyed plan to increase their IT budgets in the next 18 months. IT investments, however, had to align with business goals and drive growth,…

  • Intel Quells Tablet Fears with Strong Outlook

    SAN FRANCISCO, Jan 13 (Reuters) – Intel Corp (NASDAQ:INTC) posted better-than expected revenue and margins for the fourth quarter and gave a rosy outlook for early 2011, defying worries about the chipmaker’s minor role in the booming smartphone and tablet computer market. Shares in the world’s largest chipmaker, whose net profit surged 48 percent year…

  • Dell Consolidates Business Units, Shuffles Top Executives

    Dell is shuffling executives near the top, announcing that Steve Schuckenbrock will head up Dell Services as president, succeeding Peter Altabef who is leaving the company after the integration of Perot Systems into Dell. Further, Dell will consolidate its Public and Large Enterprise business units into a single organization, led by Paul Bell who will…

  • IBM, Samsung to Partner on Smartphone Chips

    Jan 12 (Reuters) – IBM (NYSE:IBM) and Samsung Electronics Co (KS:005930) will jointly develop new semiconductor technology to be used in smartphones and other new gadgets, the companies said on Wednesday. International Business Machines Corp and Samsung plan to research new chip materials and improvements in process technology, to develop smaller and more energy efficient…

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