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IBM Corp. put a top executive on leave Monday after he was charged in an insider trading scandal for allegedly leaking secrets about IBM's earnings and financial dealings with corporate partners. The company said Robert Moffat, a senior vice president and cost-cutting maven who was considered a possible candidate to succeed CEO Sam Palmisano, no longer serves as an officer of the company.

"My co-worker, Tim, explained that our company, a major software vendor, is seeing its mainframe workforce rapidly approaching the age of retirement. Tim said IBM and most other firms whose businesses depend on mainframes are also dealing with this industry-wide problem. "Since the 1980’s, PC’s and UNIX machines were supposed to have taken over the computing world, relegating mainframes to the scrap heap alongside rotary-dial telephones, suitcase-size boom boxes, and Plymouth Reliants. Indeed, most mainframes from that era have been consigned to the scrap heap – only to be replaced by bigger and faster mainframes. "Today the number of mainframes...

IBM is taking on Google in the cloud-computing based hosted business email service with LotusLive iNotes, which will be offered beginning Monday. Software as a service is a popular option for companies that want to rent, instead of buy, software and Google has been a big player in that area.

WHITE PLAINS, N.Y. — A former IBM employee who was fired for visiting an adult chat room while at work is appealing a court decision against him. The worker, 60-year-old James Pacenza (Puh-SEHN'-zuh), claims combat stress from Vietnam made him a sex-and-Internet addict who should have been treated, not dismissed.

The average American citizen has a very hard time believing that a world organization - in this case the WHO – could be so evil as to plan a “pandemic” of some kind in order to further some diabolical agenda. It is no surprise that an official document indicating that the pandemic has been planned YEARS ago would turn up from within the dark sewers of IBM. IBM is no stranger to getting involve in the blackest of evils.

I'm going to leave this as link-only.

IBM said it was looking to DNA "origami" for a powerful new generation of ultra-tiny microchips. The US computer giant collaborated with California Institute of Technology researchers to develop a way to design microchips that mimic how chains of DNA molecules fold, allowing for processors far smaller and denser than any seen today. "This is a way to assemble an electronics device of the future," said Bill Hinsberg, manager of the lithography group at IBM's Almaden Research Center in California, on Monday. "It offers a potential way to construct nano-scale devices. The industry has always gone in the direction of...

International Business Machines Corp is looking to the building blocks of our bodies -- DNA -- to be the structure of next-generation microchips. As chipmakers compete to develop ever-smaller chips at cheaper prices, designers are struggling to cut costs. Artificial DNA nanostructures, or "DNA origami" may provide a cheap framework on which to build tiny microchips, according to a paper published on Sunday in the journal Nature Nanotechnology. Microchips are used in computers, cell phones and other electronic devices. "This is the first demonstration of using biological molecules to help with processing in the semiconductor industry," IBM research manager Spike...

LAST week's audacious $US7.4 billion ($10.2 billion) play by Oracle to acquire Sun Microsystems has drawn comparisons with General Motors' moves in the 1950s to consolidate the US car industry. Oracle has touted the bid as a game changer that will help establish it as the first company to sell software and hardware products end-to-end. Rivals are sceptical of the rhetoric and believe the real motive is to kill off Sun's competing software products, which they say has been a theme of Oracle's buying spree, which has reportedly cost $US34.5 billion since 2005. If approved, Oracle will acquire Sun's global...

Over the past 13 years, Sun Microsystems' Java language has become one of the computer industry's best known brands—and underappreciated assets. The tension wasn't lost on Sun's new owner, Oracle, which on Apr. 20 said it will purchase Silicon Valley pioneer Sun for $7.4 billion in cash. If Oracle has its way, Java will emerge not only as a strong revenue source but also a key component of plans to keep customers loyal for years to come. During a conference call with analysts Apr. 20, Oracle CEO Larry Ellison called Java "the single most important software asset we have ever...

NEW YORK (Reuters) - IBM (NYSE: IBM - news) plans to take advantage of the U.S. economic stimulus package signed earlier on Tuesday by offering Internet services over power lines to more rural consumers. IBM said its venture with International Broadband Electric Communications (IBEC), a company that provides broadband over power line (BPL) services, had begun to sign up Internet customers in rural parts of Alabama, Indiana, Michigan and Virginia and that it hoped to access more government funds. The economic stimulus law signed by President Barack Obama included $2.5 billion for the Agricultural Department to expand broadband service in...

I.B.M. withdrew its $7 billion bid for Sun Microsystems on Sunday, one day after Sun’s board balked at a reduced offer, according to three people close to the talks. The deal’s collapse after weeks of negotiations raises questions about Sun’s next step, since the I.B.M. offer was far above the value of the Silicon Valley company’s shares when news of the I.B.M. offer first surfaced last month. Sun, an innovative pioneer in computer workstations, servers and Internet-era software, has struggled in recent years and spent months trying to secure a suitor. With I.B.M. and others shying away from a deal,...

IBM and Sun broke off acquisition talks: report15 mins ago(Reuters) – International Business Machines Corp (IBM.N) and Sun Microsystems Inc (JAVA.O) broke off talks aimed at a $7 billion acquisition, the Wall Street Journal reported on Sunday.Talks between IBM and Sun were on the brink of collapse, threatening to undermine a potential $7 billion acquisition, according to the newspaper. 

ARMONK, N.Y., Apr 3, 2009 (UPI via COMTEX) -- U.S. technical giant IBM is close to an agreement to acquire rival Sun Microsystems for close to $7 billion, sources said. The estimated figure, $9.50 a share, is about a 100-percent premium on Sun's market value, The New York Times reported Friday.

SAN FRANCISCO (MarketWatch) -- International Business Machines Corp. is lowering its bid for Sun Microsystems Inc. to a range of $9 to $10 a share,

The world's largest IT services company is attempting to boost its creative cost-cutting techniques with a patent application -- number 20090083107 at the U.S. Patent & Trademark Office -- for a "method and system for strategic global resource sourcing." (Yes, "resource sourcing.") In short, IBM wants to patent its math for deciding where to offshore staff. A patented methodology for deciding where to send jobs overseas to cut costs would be a valuable tool that IBM could sell to its corporate clients. But IBM has plenty of opportunity to eat its own dog food: The company continues to slash its...

IBM Set to Cut More U.S. Jobs By WILLIAM M. BULKELEY International Business Machines Corp. is expected to inform a large number of U.S. employees in its global-business services unit that their jobs are being eliminated, with the work of many of them being transferred to IBM employees in India, according to people familiar with the situation. The planned cuts show that even companies that are successfully navigating the global recession are continuing to slash costs--some of them by taking advantage of cheaper Asian labor. IBM reported $4.42 billion in fourth-quarter earnings, a 12% gain. It has forecast profit growth...

Reports of deep job cuts at International Business Machines (IBM) come at a potentially delicate time for the company—just as it is hoping to secure money from the federal stimulus package. The company will lay off as many as 5,000 U.S. workers in its Global Business Services unit, transferring some of the work they performed to India. IBM spokesman Mike Fay declined to confirm or to comment on any job-cut plans, which were reported on Mar. 25 by The Wall Street Journal (NWS) and Bloomberg News. The cuts will affect mainly information technology and consulting work in such areas as...

For Sun Microsystems Inc., a reported $6.5 billion acquisition offer from IBM Corp. — is being called a "Yahoo moment." The company may be worth more than Armonk, N.Y.-based IBM (NYSE: IBM) is offering, but it also may be more money than Santa Clara, Calif.-based Sun (NASDAQ: JAVA) will be worth if IBM walks away from the table. News of the offer came as competition for data center hardware is heating up and "Big Blue’s" offer is seen as an attempt to respond to San Jose, Calif.-based Cisco Systems Inc.’s (NASDAQ: CSCO) announced plans that it would enter the next...

IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources with knowledge of the matter told Reuters on Wednesday. The job cuts will account for over 4 percent of IBM's U.S. workforce, which totaled around 115,000 at the end of 2008. The sources, who were not authorized to speak publicly on the issue, said the cuts will mostly be in IBM's global services business, which includes outsourcing and consulting services. An International Business Machines Corp spokesman declined to comment. The company, which had a total workforce of 398,455 as...