|Lowell McAdam, left, Verizon President and COO, and Tim Cook, COO of Apple, announce that Verizon Wireless will carry Apple's iPhone.|
AMD ( AMD) hit the headlines late on Monday with the unexpected resignation of CEO Dirk Meyer. The company, which is playing catch-up to chipmaker Intel ( INTC), said Meyer had resigned by "mutual agreement" with the board. Current AMD CFO Thomas Seifert was named interim CEO while the firm searches for Meyer's successor. Shares of AMD closed down 0.73% at $8.20 on Friday.
The dust had barely settled on the Verizon iPhone announcement when, just two days later, Apple released a new version of its operating system to developers. The platform, iOS 4.3, has several new features including the ability to turn the iPhone into a mobile hotspot, new camera effects and multitouch gestures for the iPad.
IBM's ( IBM) Watson computer, comprising 15 terabytes of RAM, 2,880 processor cores and 10 racks of IBM Power 750 servers running Linux, won a practice round of Jeopardy! Thursday, a precursor game to two episodes that will air Feb. 14 - 16, when Watson will compete against two Jeopardy! champions. For IBM, Watson's debut is a huge moment, showcasing a breakthrough computing system that can provide specific answers to complex questions -- illustrated well by Jeopardy-style phrasing -- that require the understanding of puns, plays on words and phrases that come with many different contexts. IBM said that businesses will soon be able to use Watson's technology to make better, more efficient use of data, potentially transforming how computers help people accomplish certain tasks in call centers, financial services and health care. Shares of IBM closed up 0.79% at $150 on Friday.
Tech's Week Ahead Tech giants Apple and IBM report quarterly results Tuesday after the bell; TheStreet will be live-blogging both earnings conference calls. Google ( GOOG) follows with its earnings post after the market closes Thursday. Storage giant EMC ( EMC) will also be busy next week, making a major product launch on Tuesday, which is rumored to be a midrange device combining SAN and NAS technology. EMC ended the week up 2.34% at $24.54 on Friday. --Written by James Rogers in New York. >To follow the writer on Twitter, go to http://twitter.com/jamesjrogers. >To submit a news tip, send an email to: firstname.lastname@example.org.