IBM to acquire SPSS for $1.2B

ARMONK, N.Y. — IBM Corp. said Tuesday it agreed to acquire SPSS Inc., a Chicago-based company that makes software to help businesses spot future trends as well as shifts in consumer patterns and behavior, for $1.2 billion.

Full article (207 words) »

CA 2Q profit nearly flat, but outlook lifts shares

ISLANDIA, N.Y. — Business management software company CA Inc. said Thursday its fiscal first-quarter profit was nearly flat as revenue edged lower. But the company forecast fiscal 2010 sales at the high end of its prior outlook, sending shares up nearly 5 percent in after-hours trading.

Full article (215 words) »

Despite downturn, AMD supplier starts $4.2B plant

MALTA, N.Y. — Work on a $4.2 billion chip plant supplying Advanced Micro Devices Inc. starts Friday in a woodsy patch of upstate New York — across the Atlantic from AMD's sister factories and in the middle of a recession.

Full article (775 words) »

Yahoo to build data center near Buffalo

BUFFALO, N.Y. — Internet giant Yahoo Inc. plans to open a data center in western New York.

Full article (112 words) »

Standard Microsystems post 1Q loss, lower sales

HAUPPAUGE, N.Y. — Chip maker Standard Microsystems Corp. on Thursday posted a first-quarter loss, reversing a year-ago profit, hurt by lower sales and a settlement charge.

Full article (198 words) »

Student charged with keeping teachers from grading

CLIFTON PARK, N.Y. — A high school computer whiz didn't get a high grade for a recent feat: designing software to shut teachers out of the grading system. A New York State Police spokeswoman says 16-year-old Matthew Beighey has been charged with unauthorized use of a computer and third-degree identity theft. He was ordered to return to court Wednesday.

Full article (101 words) »

Strange things happen in this world. And when politicians try to intervene technology, scary situations arise. Very simply let me give you the shock. New York Governor David Paterson has proposed a tax on Internet downloads. So what does that mean? It means whatever you download from the internet may be taxable and in general it will apply to any file, image, movie etc. Just think of this day when your dad will enquire with the rolling Income tax bill in his hand and ask you why did you download these things?

Full article (236 words) »