The Hartford has signed a $500 million, six-year cloud deal with IBM as the tech giant doubles down its efforts to tap into enterprise cloud dollars.
Intel beat Wall Street's earnings estimate in its first-quarter results on Tuesday, lifted by growth in its data center business and signs of improvement in the PC market. Analysts are also focusing attention on the company's gross margins.
Intel beat Wall Street's earnings estimate in its first-quarter results after market close on Tuesday, although the chipmaker's revenue came in just below analysts' forecast.
Facebook is planning a move into financial services, according to a published media report, a move which would bring the tech giant into the world of electronic money.
The PC market is hardly booming, although migration from Microsoft's Windows XP and healthy commercial spending delivered better-than-expected first-quarter performance, according to tech research firm IDC.
Hot on the heels of IBM's promise not to exit hardware, executive Steve Mills highlights the capabilities of the company's mainframe technology.
IBM is celebrating the 50th anniversary of its mainframe technology but also has an eye on the future, targeting cloud and mobile as key growth areas for its System z offerings.
IBM's mainframe technology celebrates its 50th birthday this year, with the tech giant marking the milestone by bolstering the hardware's mobile and cloud credentials.
Shares of Questcor surge before market open on Monday after it announces a $5.6 billion deal to be acquired by Mallinckrodt.
GrubHub burst out of the blocks on its first day as a public company, with shares trading well above the company's offering price of $26 a share.