Fusion-io Shares Surge as Barron’s Sees Positive Outlook

Maria Deutscher | October 25th

Steve Wozniak's startup Fusion-io has stirred quite a fuss in the IT world with its flash-based storage acceleration technology, and the same can be said of the stock market.  The company had a very successful...»

Juniper, HTC Eye Asian Markets Despite Shrinking Profits

Maria Deutscher | October 25th

Kevin Johnson, the chief executive of networking solutions maker Juniper Networks, revealed that the firm is considering some acquisitions in Asia this year to beef up its mobile and cloud portfolio.

"Certainly if there are interesting

Sprint to Introduce LTE Advanced Network by 2013

Saroj Kar | October 25th

Following the major U.S. carriers after Verizon and AT&T, Sprint also turned to support from long-range WiMAX Evolution (LTE) technology, with goals over the couple of years. Sprint is expected to launch LTE-Advanced commercial services...»

IBM Names Virginia Rometty as CEO to Replace Sam Palmisano

Alex Williams | October 25th

The next era for IBM will be in the hands of Virginia Rometty, who was named CEO today to replace Sam Palmisano, who will step down effective January 1 but remain as chairman of the...»

Nutanix Closes $25 Million Round from Khosla Ventures

Maria Deutscher | October 25th

Nutanix closed off a $25 million funding round led by investment firm Khosla Ventures, with participation from existing backers Lightspeed Venture Partners and Blumberg Capital. The datacenter virtualization startup is one of the first to...»

Zynga Girds for Sudden Death with IPO Coming One Week Before Thanksgiving

Kyt Dotson | October 25th

Everyone’s favorite social media gaming giant, Zynga Inc., will be positioning themselves to become a publicly traded company a week before the Thanksgiving holiday on November 24th, 2011. Breaking news according to a Reuters article, citing two sources...»

Cloud/Mobile Strategy: Developing a Services Approach to IT Management – Part 2

Bert Latamore | October 25th

The growth of cloud and mobile computing and of cloud consumer services is changing user expectations about IT in multiple ways. Much has been written about how IT business consumers today expect internal IT to...»

“Freedom is My Most Prized Possession.” OpenBucks CEO Talks Money Democratization

Kristen Nicole | October 25th

We take a look at digital currency's potential in this week's Profile Snapshot, a series that invites thought leaders and executives to share some personal insight on industry trends. Marc Rochman, founder and CEO of...»

Coiner of the Term “Artificial Intelligence” John McCarthy Dies at Age 84

Klint Finley | October 25th

John McCarthy, a computer scientist and creator of the Lisp programming language, died Sunday at the age of 84, according to The Register. McCarthy was a pioneer in artificial intelligence and even coined the term. He created...»

IBM Raises $7 Billion for Share Buybacks, Leads in Big Data

Isha Suri | October 25th

IBM has recently added $7 billion in its share-buyback plan in order to boost per-share earnings and investor returns. The company will be using these funds for IBM's new stock repurchase program.  IBM already...»