Tag Archives: Europe

The Looming World Food Catastrophe

For several years, the World Bank has been announcing its plans to find solutions to solve the world food crisis, whereby vast swathes of the world’s population find it increasingly difficult to put food on the family table, while the banks bail each other out and fat cat bankers get fatter. The morality of the issue is staggeringly incomprehensible.

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IBM Reports 2010 Second-Quarter Results

ARMONK, N.Y. – 19 Jul 2010:

  • Diluted earnings per share of $2.61, up 13 percent;
  • 30 consecutive quarters of EPS growth, 12 of last 14 at double digits;
  • Full-year 2010 EPS expectations raised to at least $11.25;
  • Net income of $3.4 billion, up 9 percent;
  • Pre-tax income of $4.6 billion, up 7 percent;
  • Pre-tax margin of 19.3 percent, up 1 point;
  • Revenue of $23.7 billion, up 2 percent, as reported and adjusting for currency;
  • Growth markets revenue up 14 percent; first-half revenue as large as total Euro zone revenue;
  • BRIC countries revenue up 22 percent;
  • Business Analytics revenue up 14 percent;
  • Software revenue up 2 percent, 6 percent excluding divested PLM operations;
  • Systems and Technology revenue up 3 percent;
  • Services revenue up 2 percent;
  • Services backlog of $129 billion, up $1 billion, adjusting for currency.

IBM (NYSE: IBM) today announced second-quarter 2010 diluted earnings of $2.61 per share compared with diluted earnings of $2.32 per share in the second quarter of 2009, an increase of 13 percent.

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IBM Expands Cloud Computing Capabilities With New Cloud Competence Center in Ehningen, Germany

*New Facility Delivers Commercial Development and Test and Desktop Cloud for European Clients*  

EHNINGEN, Germany & ARMONK, N.Y.: IBM announced, on July 15, a new IBM Cloud Computing Competence Center in Ehningen, Germany, which will provide a broad range of cloud solutions and services to clients locally and internationally.  

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Imagine Cup Alums Start Hot Social Gaming Company

*After competing in the 2004 Imagine Cup, a team from France started what would turn into one of Europe’s most popular social gaming sites.*  

Redmond, Wash., June 28, 2010 Six years ago, Vincent Vergonjeanne and a few college friends represented France at the Imagine Cup, the world’s largest student technology competition. After several days of presentations, they captured the top prize in the software design competition.

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Violent Video Games May Increase Aggression in Some But Not Others, Says New Research

*Bad effects depend on certain personality traits; games can offer learning opportunities for others*

WASHINGTON – Playing violent video games can make some adolescents more hostile, particularly those who are less agreeable, less conscientious and easily angered. But for others, it may offer opportunities to learn new skills and improve social networking.

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