LG, IBM decide to go separate ways
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LG IBM PC Co., a joint venture between LG Electronics Inc. and IBM Korea, will split into separate entities as of January 2005, the parent companies announced yesterday.
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JP Morgan Chase is cancelling a $5bn IT outsourcing deal with IBM and bringing the service back in-house. IBM will hand over the running of the investment bank&#39;s data centres, help desks, distributed computing, data and voice networks from January 2005.
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Following Sony&#39;s surprising exit from the US PDA handheld market earlier this summer, three other companies have announced their intentions to withdraw from the US handheld market.
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Following days of rumors, IBM late Tuesday made it official: the company said it was spinning off its personal computer business with the Lenovo Group, China&#39;s biggest maker of personal computers.
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An early end to International Business Machines Corp.&#39;s contract with JP Morgan Chase &amp; Co. reveals how mega information-technology outsourcing deals are falling out of favor, with both IT services companies and their customers.
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Sprint Nextel has decided to consolidate its two headquarters, eliminating a relic of the merger of Sprint and Nextel Communications in 2005.
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Company is considering a gradual exit from processor sales.
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The mobile developer disbands the unit that developed the short-range wireless technology used in some cell phones and notebook PCs.
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Between them, the three carriers have cut back the value of their long distance networks by $18.4 billion (AT&amp;T&#39;s writedown was $11.
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This week, IBM said it is selling off most of its PC division to Lenovo, China&#39;s No. 1 PC maker. The news is likely to rattle IBM customers - but it may end up benefiting them long term.
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Walt Disney Co said on Thursday it  would stop operating its U.S.-based mobile phone service at the  end of the year to reassess how it competes in a tough market  for high-end cell phone services.
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This week, IBM said it is selling off most of its PC division to Lenovo, China's No. 1 PC maker. The news is likely to rattle IBM customers - but it may end up benefiting them long term. USA TODAY reporter Michelle Kessler answers some questions many IBM customers are asking:
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Kyocera plans to dissolve its joint venture with a Chinese parts maker, withdraw from China's handset market.
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BusinessWeek Online - The announcement sent ripples of anxiety through the tech world. On Sept. 15, J.P. Morgan Chase &amp; Co.  said that it was terminating a seven-year, &#36;5 billion technology-outsourcing deal with IBM. For many, it's an article of faith that corporations will gradually hand off ever more of their technology operations to big service providers such as IBM, Accenture , and Electronic Data Systems . Yet here was the nation's second-largest bank taking its tech back because it was strategically too important to be left to an outsider. ...
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By Clint Swett, The Sacramento Bee, Calif.  Sep. 15--Calling off a merger it had announced last March, Sacramento  software maker Unify Corp. said Thursday it will remain independent and  instead buy a piece of its erstwhile merger partner.
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Adios Ideal... Bell Micro is doing away with its current three brands to embrace a unified future.â¦
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The biggest U.S. mobile operators, AT&T Wireless and Verizon Wireless, will close down their analog networks on Monday.