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IBM tugs Dow lower; S&P 500 up after rough week

A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on


Berkshire Hathaway Buys Wells Fargo, DaVita HealthCare, Mondelez, Sells Kraft Foods, Johnson & Johnson

This the latest portfolio update for Berkshire Hathaway. Warren Buffett continued to add to his favorite companies such as Wells Fargo and IBM, while his new managers Ted Weschler and Todd Combs bought into three new positions and added to existing positions.


The World's 20 Most Powerful Women In Business

World's Most Powerful Women in Business

It's been a groundbreaking year for women in business. IBM appointed its first female CEO in Ginni Rometty. Sheryl Sandberg led Facebook through a much-anticipated IPO. Irene Rosenfeld split Kraft into two public companies, and Marissa Mayer jumped from a top Google exec to the CEO seat at Yahoo. See the those named the top businesswomen on the Forbes 2012 list of The World's 100 Most Powerful Women.


Bits Blog: I.B.M. Reports Nanotube Chip Breakthrough


Scientists at I.B.M. are reporting progress in a chip making technology that is likely to ensure the shrinking of the basic digital switch at the heart of modern microchips for more than another decade.


IBM Tackles Big Bang Mysteries

A telescope so massive that it spans a continent won't be any better than a pair of binoculars unless you can find a way to carry and sift through its data.


Facebook Buys IBM Patents

Facebook has purchased hundreds of IBM patents in a bid to bolster its intellectual-property standing as it squares off against Yahoo in a high-profile infringement lawsuit.


Mobile Sales Hit It Out of the Park on Black Friday

When IBM projected that 15% of Black Friday online sales this year would transact via mobile, a lot of analysts and bloggers, not to mention unprepared retailers, scoffed. To many, it seemed too huge of a jump — after all, as recently as 2009 less than 1% of online sales came from mobile.


Buffett builds $10 billion stake in IBM

Berkshire Hathaway accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.


IBM taps Rometty to succeed Palmisano as CEO

IBM taps Rometty to succeed Palmisano as CEO

IBM global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in January, becoming one of the most powerful women in business and technology today.

Senh: With Meg Whitman taking over HP and Virginia Rometty at IBM, women are in charge of the two biggest technology companies in the world.


Dr. Watson: How IBM’s supercomputer could improve health care

Dr. Watson: How IBM’s supercomputer could improve health care

Watson, the IBM supercomputer that defeated the world’s best “Jeopardy!” playersthis year, has found a job in medicine. It won’t be consulting with patients, but a version of the game-show champion could appear in examination rooms, offering assistance to flesh-and-blood physicians. But how soon might you see Dr.


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