Microsoft launches hybrid cloud push

With a series of cloud announcements on Monday, Microsoft moved to put a stake in the ground with hybrid cloud computing and emerge from the shadow of cloud rivals Google and Amazon.

IBM’s Rometty defends rocky financial results

IBM CEO Ginni Rometty is moving quickly to quell concerns about the company’s sinking earnings and decision to pay more than a billion dollars to cast off its money-losing microelectronics business to GlobalFoundries.

IBM offloads semiconductor unit to GlobalFoundries

IBM will sell the semiconductor technologies unit that makes its Power processors to Abu Dhabi-owned GlobalFoundries, paying the chip manufacturer about US$1.3 billion to take two factories off its hands in a move to erase losses.

CNME hosts fifth ICT Achievement Awards

Middle Eastern IT leaders were last night acknowledged for playing their part in a year of great progress in regional technology development at CNME’s fifth annual ICT Achievement Awards.

HP set to split off PC, printer business

Reversing the corporate strategy CEO Meg Whitman set three years ago, Hewlett-Packard is set to announce that it will split off its PC and printer business into a separate, publicly traded company, according to the Wall Street Journal.

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