We see IBM as 'dead money,' UBS analyst says

IBM Sign

IBM, which missed revenue estimates in its third-quarter earnings report , faces ongoing weakness in its business from emerging markets, UBS analyst Steve Milunovich said Thursday.

IBM shares skid after revenue miss

IBM Sign

IBM, the world's largest technology-services company, reported third-quarter earnings that beat Wall Street estimates but it missed revenue expectations.

IBM furloughs US employees to cut costs

Pile Of Coins

International Business Machines Corp (IBM) has said it’s requiring the majority of U.S. employees in its hardware unit to take a week off with reduced pay, cutting costs as demand slows for products such as servers.

IBM Ex-CEO's Perks: $1m for Office, Cars

Empty Desk

Samuel Palmisano retired in December as the chairman of IBM, but that's not stopping the company from paying more than $1 million to set him up with a new office and company cars.

N Joseph Woodland Obituary


Almost every product you buy now carries a barcode, and its familiar black-and-white lines are used in more than 5bn transactions each day. Its co-inventor, N Joseph Woodland, who patented the idea 60 years ago, has died aged 91.