Technology titans Google and IBM delivered surprisingly strong earnings results Tuesday, in a positive sign for the tech …
IBM
Are Holiday Sales Statistics Juiced? How Retail Sales Totals Can Vary By Billions
By one estimate, retail sales hit $59 billion over Black Friday weekend. Or was the sales total a mere $22 billion, as another index stated? Similarly, online sales on Cyber Monday may have reached $1.46 billion or $1.98 billion, depending on which set of statistics you prefer.
Intel, IBM Earnings Spook Wall Street, Stoke Tech Sector Fears
Lackluster earnings reports from Intel and IBM underscore global economic weakness and highlight sluggish demand for PCs and enterprise technology.
The Ten Most Influential Women in Technology
Marissa Mayer’s appointment as CEO of Yahoo! was an exciting development for her legion of fans — both male and female. It was also an undeniable cause for celebration among those who would like to see more women in positions of …
Memorial Day 2012: Big Holiday Weekend = Big Spending Weekend
A new study analyzing comments on social media reveals something interesting about Americans’ plans for the big Memorial Day holiday weekend: Most of us seem to be planning on opening our wallets, big time.
Companies, Flush with Cash, Share More With Shareholders. Finally.
Corporate America, flush with cash, is finally sharing a bit more with shareholders. It’s about time. U.S. corporations are on track yet again to report amazing returns for the first quarter. And they have tons of cash — about …
Inside Yesterday’s Stock Market Rally
The markets got back their mojo Tuesday, with the S&P 500 gaining 1.6%, the Nasdaq climbing 1.8%, and the Dow Jones Industrial Average jumping 1.5%. Apple, the stock that broke the market’s back in recent days, rocketed 5.1% …
Curious CapitalistEconomy
Why We Need to Tackle the Skills Gap
I was struck this morning by two Op-Ed pieces: first, Larry Summers prescription for how to nurture the recovery in the FT, and Steven Rattner’s parsing of some new data on American inequality which found – surprise! – the …
IBM’s Watson Computer Heads to Wall Street for Post-Jeopardy Gig
One year after IBM’s Watson defeated two of the greatest champions in Jeopardy history, the supercomputer is taking a “job” on Wall Street helping banking giant Citigroup analyze data. It would be easy to chalk up Watson’s new …
In Kodak Bankruptcy, Another Casualty of the Digital Revolution
Kodak’s decision to file for bankruptcy protection is a sad, though not unexpected, milestone for an American corporate icon that pioneered consumer photography and dominated the film market for decades, but ultimately failed to …
Surprise! Warren Buffett Owns Tech Stocks
A week after disclosing that he had dived headlong into stocks dependent on a strong economy, Warren Buffett reveals he also bought 5.5% of the technology giant IBM. Cyclical and tech stocks are not usually high on Buffett’s wish …
10 Companies That Radically Transformed Their Businesses
IBM turned 100 today, the rare company to thrive a century after it was founded. But in the 1980s and 1990s, many people had written the company off. So IBM pivoted. The company that was synonymous with computer hardware mostly …