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Lenovo Group Ltd.

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  • IBM struggles to reinvent itself in an age of cloud

    WASHINGTON (Reuters) - When IBM Corp CEO Ginni Rometty was asked recently for her tips on how to transform companies, she spoke of "relentless reinvention" and not protecting the past.
  • IBM earnings miss forecast; firm to pay $1.5 billion to shed chip unit

    IBM earnings miss forecast; firm to pay $1.5 billion to shed chip unit
    IBM Corp. disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chip-making division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Is it too late for...

    BlackBerry shares up after unconfirmed report on possible Lenovo bid

    BlackBerry shares up after unconfirmed report on possible Lenovo bid
    BlackBerry shares rose more than 3 percent on Monday after a news website said Chinese computer maker Lenovo Group might offer to buy the Canadian technology company. Benzinga.com, citing an unnamed source familiar with the matter, said an offer worth...

    IBM to pay Globalfoundries $1.5 billion to take chip unit

    IBM to pay Globalfoundries $1.5 billion to take chip unit
    IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the...

    Chipmaker AMD replaces CEO amid loss of market share

    Chipmaker AMD replaces CEO amid loss of market share
    (Reuters) - Advanced Micro Devices AMD.N said Chief Operating Officer Lisa Su would immediately replace Rory Read as chief executive officer as the chipmaker expands beyond its core personal computer market, sending its shares down 6 percent in extended...