Technology Mashup

Cost-cutters boost IBM's results - IBM benefits from companies calling in its services division to help them cut costs.

[BBC UK Technology News]

Progress pushes for SOA evolution by acquiring Iona -

Progress Software made a strategic move to gain wider recognition in the infrastructure software market with its acquisition of integration specialist Iona.

[SOA News from Computer Weekly]

Report: IBM outpaces competitors in Application Development software market for seventh straight year - IBM today announced that analyst firm Gartner, Inc.* and market research firm Evans Data Corp. have ranked IBM as the leader in the application development software market. These rankings come just as IBM is projecting more than 12,000 people will attend its 2008 IBM Rational Software Development Conferences in 13 countries around the globe.

[IBM Newsroom]

Schlumberger buys IES - Schlumberger, the oilfield and information services company, has acquired Integrated Exploration Systems (IES), the Germany-based supplier of advanced petroleum systems modelling software and services for the exploration and production industry

[News from The Engineer]

Yahoo 'sabotaged' Microsoft deal - Billionaire investor Carl Icahn claims the Yahoo board deliberately "sabotaged" Microsoft's bid.

[BBC UK Technology News]

Qinetiq awarded £3.8m - Qinetiq has been awarded a £3.8m contract from Kongsberg following the Swedish defence giant’s success in winning a prime contract worth £18m from the Norwegian Defence Procurement Division.

[News from The Engineer]

EMC Extends Tender Offer to Acquire Iomega Corporation -

UK economic outlook 'worsening' - Economic prospects for the next 18 months have got worse, the British Chambers of Commerce warns. [BBC Business News]

A coup for Atos Origin picking up Scottish Water as a new customer in the utility sector. The technology solution will be based on offerings from Graham Technology http://www.grahamtechnology.com/

Bad economic news emerging from Sun. Bullish pundits in the US IT sector were (this week) indicating little impact of financial and economic slowdown in the sector. Let's hope this is an isolated blip, but I have serious doubts that we will come through untouched.

Sun Micro to cut up to 2,500 jobs - US computer firm Sun Microsystems reports an unexpected loss and says it will cut up to 2,500 jobs. [BBC UK Technology News]

Yahoo reports a jump in profits - Yahoo, fending off a takeover bid from Microsoft, says profits tripled in the first three months of 2008. [BBC UK Technology News]

IBM Reports 2008 First-Quarter Results - IBM today announced first- quarter 2008 diluted earnings of $1.65 per share from continuing operations compared with diluted earnings of $1.21 per share in the first quarter of 2007, an increase of 36 percent as reported. First- quarter income from continuing operations was $2.3 billion compared with $1.8 billion in the first quarter of 2007, an increase of 26 percent.

Stocks surge on Citi, Google - Stocks rallied Friday morning as investors welcomed upbeat earnings from Google and Caterpillar and breathed a sigh of relief that Citigroup's poor results at least included higher-than-expected revenue.

Watchtower has increased its holding in Telelogic to 98.7% - This Offer is not being made nor will any tender of shares be accepted from or on behalf of holders in any jurisdiction
in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance
with laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan

House prices 'see sharp decline' - House prices fell by 2.5% in March, the biggest monthly decline since September 1992, says the Halifax. [BBC Business News]