Buffett declines to clarify plan to eventually replace him

...worry about."Buffett also praised both IBM and ExxonMobil even though the computing...producer last year.Buffett said he likes IBM's prospects even though the company has...sales. He increased Berkshire's stake in IBM to nearly 77 million shares in the fourth...

Business news

IBM denies report of planned mass layoffsSAN FRANCISCO - IBM on Monday dismissed a report that said the technology giant...people.The company "flatly denies" the Forbes report, IBM spokesman Ian Colley said. IBM previously has announced...

IBM to pay $1.5B to shed its costly chip division

NEW YORK - IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.IBM Director of Research John E. Kelly III said...operations will allow it to grow faster, while IBM continues to invest in and expand its chip...

Did NSA plant spyware in computers around world?

...disk drive manufacturers whose products were compromised, including Seagate Technology, Western Digital Corp., Toshiba and IBM Corp. While some did not immediately respond to requests for comment, three companies said the report came as news to them...

RadioShack files for bankruptcy protection, to sell stores

...mix and match components and speakers in the listening room.In 1977, the chain started selling the TRS-80, known affectionately by its users as the "Trash 80," making the RadioShack as important in microcomputers as IBM or Apple.

Tech industry pushes for cybersecurity, tax breaks

...legislator since nearby Fort Gordon will be the home of the U.S. military's cyber command. Georgia is also the home of IBM Security Systems, started by a former Georgia Tech student."We've already identified that Georgia leads in cybersecurity...

Apple sold 74.5 million iPhones in holiday quarter, revenue and profit soar

...sales were "a bit better than we were expecting" and added that new apps for business users, produced in partnership with IBM, should help iPad sales in the future.Apple shares closed Tuesday at $109.14, down 3.5 percent, but rose over 5 percent...

IBM pulls stock market out of morning slump

NEW YORK - News that IBM will buy back more stock and raise its dividend...indexes out of a morning slump Tuesday.IBM and other technology stocks led the Standard...lowest level of the year, 1.65 percent.IBM said it will increase its quarterly dividend...

IBM is worst performing stock

IBM is the worst performing stock in the Dow Jones...the 30 stocks in the Dow are in the red, and IBM's 9 percent drop is more than three times...reports has helped fuel a selloff. Even though IBM said Wednesday that its third-quarter profit...

At IBM, Palmisano era already in full swing

...NEW YORK -- Lou Gerstner's revival of IBM Corp. from its near-death experience...low-cost competition and commoditization, IBM can create and win high-margin opportunities...affable but intense Palmisano, a career IBM employee, is expecting every part of the...