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 had $5.2 billion from its previous repurchase authorization, and this new authorization has brought it to $12.2 billion.  This buyback authorization ...

A recent study by Rackspace- Generation Cloud reveals that the use of Cloud for the storage of digital assets and possessions is increasing more than ever.  This study was conducted by Rackspace in association with the centre for Creative and Social Technology (CAST) at Goldsmiths, University of London.  The study was conducted among 2,000 UK ...

Ever since the Yahoo become notorious for its service and financial issues, the longstanding web portal has yet again become the topic of acquisition talk.  The latest potential buyers include Google and Microsoft,who are apparently thinking seriously about participating in the bidding process for Yahoo. But an interesting thing here is that neither Google nor ...

Cisco, the world’s networking giant, has finally agreed to buy BNI Video in a $99M all-cash deal. This acquisition is one of the serial purchases that Cisco has made in the past few days, in order to bolster its Videoscape portfolio. BNI Video is a startup company and sells hosted control plane offering, which helps ...

BlueStacks, an app player maker for Windows, has recently closed a strategic investment deal by major industry players including AMD, Citrix Systems and other investors. This investment is received as a part of Series B round of funding, and has taken the total investment in the company to $14M. The amount will be used by ...

Dell’s first ever Storage Forum has kicked off today in Orlando, Florida with a ‘Fluid’ theme focusing on Dell’s Fluid Data architecture via Compellent. The Compllent brand was acquired by Dell in December 2010 and since then, it has taken a considerable interest in assimilating its technology into the Dell Storage fold. This forum is ...

While Apple’s much-awaited WWDC 2011 event is going to start soon, the technology giant  is facing an antitrust complaint in Germany by a music-streaming startup, which has filed a letter of complaint with the Bundeskartellamt, the country’s antitrust authority, claiming that Apple is abusing its market position by delaying the approval of the company’s iPad app. ...

Hewlett-Packard announced that it is going to acquire Printelligent, a Salt Lake City-based provider of managed print services. The company has signed an agreement with Printelligent to acquire all of its assets, infrastructure, software and workforce. Printelligent is a privately-held company and has been offering its services in the form of experts to oversee the ...

As Big Data and real-time insights are becoming significant for enterprises around the world, we can see a lot of developments going around in this domain. Recently, IBM unveiled new software and services to help clients more effectively gain competitive insight, optimize infrastructure and better manage resources to address Internet-scale data. The company has announced ...

Hewlett-Packard  is saying goodbye to three senior executives from the organization. These include Marius Haas, Tom Iannotti and Gary Budzinski, due to the reason that new chief executive officer Leo Apotheker has shifted the company’s strategy. Marius Haas, who was senior vice president and worldwide general manager of the HP Networking Division, has joined Kohlberg ...