IBM 1Q net down on software, mainframe deals delay (Update)

IBM Corp.'s first-quarter net income fell 1 percent due to delays in closing several of the technology company's large software and mainframe computer deals. The results fell short of Wall Street's expectations, sending IBM's ...

Interview: Israel's Olmert begins tech venture

(AP)—Former Israeli Prime Minister Ehud Olmert joined forces Thursday with a leading Kazakh industrialist and an Israeli entrepreneur to launch a new high-tech venture.

Eyeglasses read to the blind (w/ Video)

(Phys.org) —A unique pair of eyeglasses developed by an FIU student team could revolutionize the lives of the blind, enabling them to walk into a library or a store, pick up any book or a can of soup, and read it.

Michael Dell's days as CEO may be numbered

Could Michael Dell lose it all? With a bidding war now underway for Dell, efforts by its founder to regain control of the once-mighty computer maker could be backfiring.

Facebook to be part of Nasdaq 100 index

Facebook will become part of the Nasdaq 100 index of the largest non-financial companies listed on the electronic exchange, the market operator said Wednesday.

HP CEO's turnaround message flops on Wall Street (Update)

(AP)—Coming off the biggest quarterly loss in Hewlett-Packard's history, CEO Meg Whitman braced investors for even more trouble ahead as she methodically tries to fix a wide range of longstanding problems. Those challenges ...

China Mobile interim profit disappoints investors

Telecom giant China Mobile posted a worse-than-forecast rise in first-half net profit of 1.5 percent on Thursday, citing intensive competition and the spread of new mobile technologies.

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