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...

Residents recall terminal, riding buses to Augusta

...hour of peace beside the pool. They thought it was their treat, but it was ours.When I was young and working in Atlanta for IBM I often rode the bus to Augusta on Friday nights. My mother didn't want me on the highway alone at night. The 6 o'clock...

Unequal Pay: Must be a lot of good karma out there

...Only 5 percent of Fortune 500 companies are led by women. The 25 female CEOs are represented across most industries, including IBM Corp.'s Ginni Rometty, PepsiCo's Indra Nooyi and General Motors' Mary Barra. In 2009, Ursula Burns became the first...

Hewlett-Packard splits off PC, printers business

...success of its iPhone and iPad devices. Dell also sells commercial computer hardware and software. Even Lenovo is purchasing IBM's server business and taking over the Motorola smartphone division from Google Inc.PC sales aren't going away entirely...

Robert Rogers Sr.

...in 1953 with the rank of First Lieutenant. After a few years of banking experience in his home town of Orangeburg, he joined IBM Corporation as a Marketing Representative and held territories in Greenville, Atlanta, Columbia, and Augusta, where he retired...

Alibaba stock soars in jubilant trading debut

...We want to be bigger than Wal-Mart," Ma told CNBC. "We hope in 15 years, people say this is a company like Microsoft, IBM, Wal-Mart. They changed, shaped the world."The company's online ecosystem stands apart from most e-commerce rivals...

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...

IBM continues 2nd day of claims against Microsoft

...of testimony damaging to Microsoft, an IBM Corp. manager accused the software giant...dangling valuable discounts for Windows if IBM agreed not to distribute rival software...so-called Market Development Agreements if IBM promised not to include Internet software...

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