Dell’s third-quarter profit more than doubled from a year earlier as demand for its computers from larger companies and governments offset the effect of tepid consumer growth.
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Cisco Systems grew its fiscal first-quarter profit 8% from a year ago, beating analysts’ expectations, but lower margins have pushed its shares down more than 12% in extended trading.
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IBM says it will donate a total of $50 million in free technology and services to 100 U.S. cities that can best use it to boost their efficiency in healthcare, education, transportation and other areas.
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Bill Gates, founder of Microsoft Corp. (MSFT), sold 2 million shares in the company.
Gates sold the shares in the open market on Nov. 2 at an average price of $27.23, according to an SEC filing. The transaction left Gates with 618,973,551 shares in M…
International Business Machines on Monday said its new Federal Community Cloud will provide cloud-computing services to the U.S. government. IBM is already working with 15 federal departments and is now aiming for state and loc…