Updated 4 p.m. PDT with more details and CFO and analyst comments.

While revenue for global technology services rose 8 percent and software rose 12 percent, hardware revenue fell 10 percent. Signed services contracts totaled $12.7 billion, down 4 percent, while short-term signings rose 13 percent to $6.1 billion.
In particular, IBM’s mainframe revenues [...]

(Credit:
HTC)

However, we did get one device announcement. The bad news is that it’s not for the U.S. market. On Tuesday, Vodafone said it will bring the HTC Magic to market this spring–the first
Google Android device for the carrier. The Magic will be a Vodafone exclusive in the United Kingdom, Spain, Germany, and France and [...]

"And then I thought I'd swing her around my midriff, but she ended up in the third row of the stalls."
One can only hope, too, that he doesn’t bring out the Segway as part of one of his routines. It would not be good for the image of techies if they are represented by a [...]

Engadget noticed that 4GB Nanos in the new color scheme were appearing on store shelves in the Netherlands, and The Register was able to confirm with an Apple representative that a “limited number” of the smaller iPod Nanos are being sold in various markets.
According to the reports, the 4GB model costs 120 euros, [...]

While we’re not aware of examples so far of shutdowns or failures of similar DRM systems protecting software and games, this sort of consumer harm is likely in the next few years. For example, were Electronic Arts to go bankrupt, the millions of customers who had purchased a copy of the game Spore would be [...]

It’s better to have more economic activity driven by the profit motive in a free market, because in all free transactions, both parties benefit. Nothing truly good ever happens when people act against their own interests (as banks did because of the CRA).
Wednesday, in a post titled “The Credit Crunch Explained,” Adams identified [...]

LONDON–A lot of hands in the audience went up at the Future of Web Apps conference when Facebook senior platform manager Dave Morin kicked off his talk at the conference with the question “How many people have built something on Facebook Platform before?”

The Run Around, an app created by Facebook to test its Facebook Connect project.

Though Facebook has a reputation for keeping its user data behind (virtual) closed doors, Morin said that’s the opposite of Faceb

Google didn’t respond to a request for comment Saturday.

(Credit:
Stephen Shankland/CNET News)

The patch fixes the highly publicized security problem with Android’s Web browser and makes a few other minor changes, according to a Google spokesman quoted in IT World on Friday.

The handset I’m testing gave me a message Saturday afternoon: “A system update is available,” and a choice to update now or later. When I clicked the b