IBM, others seek Open ‘Cloud,’ Microsoft opts out

IBM led dozens of tech companies in calling on Monday for open standards to promote “cloud” computing, a fledgling technology the industry hopes will drive growth over the coming decade. But rival Microsoft Corp dismissed the effort, accusing International Business Machines Corp of seeking to exert control of the field, while cloud-computing pioneers Amazon.com Inc [...]

IBM to cut 5,000 jobs in the United States

IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources said.
The job cuts will account for over 4 per cent of IBM’s US workforce, which totaled around 115,000 at the end of 2008. The sources, who were not authorised to speak publicly on the [...]

Infosys-Telstra deal may cause job losses

Bangalore-based software giant Infosys will pick up most of IBM Global Services’ multi-million dollar applications support contract with Australian software giant Telstra, after the latter’s deal with the former was scrapped following telco reducing its outsourcing partners from four to two.
According to The Australian, the decision to shift from IBM to Infosys could result in [...]