IBM

Lenovo grabs IBM x86 server business in $2.3bn deal

Lenovo grabs IBM x86 server business in $2.3bn deal

Lenovo has inked a deal to buy IBM's x86 server business, taking Big Blue's Intel-based hardware division off its hands for $2.3bn. The two companies will also kick off a strategic relationship that will see Lenovo act as a reseller for certain IBM products, including enterprise storage systems and various software packages; IBM will still keep its fingers in the server pie, however, developing Windows and Linux software for x86 models.

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Pension fund sues IBM for torpedoing China sales with NSA spy program

Pension fund sues IBM for torpedoing China sales with NSA spy program

A pension fund has sued IBM for $12.9 billion in revenue losses caused by the recent revelation of its partnership with the US Congress and the NSA to spy on Chinese customers. Many of China's companies pulled out of business arrangements with IBM after it became known that IBM was using its technology to collect customer information for the NSA. The suit cites IBM's open lobbying effort to persuade Congress to pass the bill allowing the spying program known as Prism.

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NVIDIA Tesla K40 accelerator is world’s fastest for supercomputers

NVIDIA Tesla K40 accelerator is world’s fastest for supercomputers

NVIDIA has outed its most powerful GPU-based processing accelerator to-date, the Tesla K40, and it's headed to supercomputers in 2014. Mustering up to 40x the performance of the last-gen K20X, the K40 delivers 1.43 teraflops of processing power from its 2,880 CUDA cores and 12GB of GDDR5 memory. There'll be plenty of opportunity for it to show what it can do, too; NVIDIA has inked a collaboration with IBM that will see the two company's silicon sharing supercomputer space from next year.

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Apple grabs top spot on list of the world’s most valuable brands

Apple grabs top spot on list of the world’s most valuable brands

Apple has been one of the most valuable companies in the world for a long time. The list of the most valuable brands in all the world has been published again by Forbes and Apple is at the top of that list for the third time. Despite Apple remaining at the top, the list has shuffled compared to the last time we talked about it in September. In September, Apple held the top spot, Google was in second place, Coca-Cola was in third, IBM was fourth, and Microsoft was in the fifth-place spot.

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IBM dual factor NFC-based authentication system unveiled

IBM dual factor NFC-based authentication system unveiled

Dual form factor authentication has been used for a long time to add an additional layer of security both online and in the real world. Dual factor authentication requires a user to offer some sort of physical token along with something they know such as a password to access systems secured using the technique. Technology giant IBM has announced a new dual factor authentication system that is NFC-based and intended to help users keep online accounts and services secure.

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IBM layoffs reach at least 1,300 in the US

IBM layoffs reach at least 1,300 in the US

It seems no job is safe in this economy, as it's being reported that IBM has begun its first round of layoffs in the US, starting with what is said to be at least 1,300 employees spread out amongst various departments at the company. The layoffs are said to be a part of a major restructuring plan for IBM that will cost around $1 billion.

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