Hardware hampers IBM's Q4 revenue

Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income.

IBM to grow global cloud footprint

IBM plans to invest more than $1.2 billion to grow its global cloud footprint significantly and has additional centres planned for the Middle East region by 2015.

IBM lays plans to be a cloud storage broker

IBM is developing software that will allow organisations to use multiple cloud storage services interchangeably, reducing dependence on any single cloud vendor and ensuring that data remains available even during service outages.

IBM to pay $44,000 fine over online job listings

IBM will pay a US$44,000 fine to settle a case alleging it violated anti-discrimination law by placing online job listings seeking software developers with specific visas, the US Department of Justice said Friday.

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