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IBM claims to have top spot in the cloud, Amazon isn’t so sure

IBM came out with guns blazing at Amazon on Friday. The morning after Amazon announced its 4th quarter earnings IBM claimed that it is on top of the cloud, not Amazon Web Services.

An IBM representative gave this statement about how Amazon’s full-year “other” revenue, which includes AWS, was $3.9 billion comparable to IBM’s $4.4 billion.

Yahoo Acknowledges Yahoo Mail Hack

Have your friends recently texted you about spam originating from your Yahoo Mail account? If so, that may be because you (and many of your friends) were hacked.

Yahoo acknowledged Thursday that attackers now own an undisclosed number of usernames and passwords to Yahoo Mail accounts.

Microsoft Update: Huge change on the way, Gates may have to step down, Nadella in as CEO

Microsoft is considering having Bill Gates step down as Chairman of the board of directors and naming Satya Nadella as Microsoft's new CEO, according to a Bloomberg news report.

It seems to be a major time of change at Microsoft, shareholders haven't been happy recently - having pretty much forced Steve Ballmer into his exit as CEO - and have now focused their sites on Gates.

Intel to Reduce Workforce by 5 Percent this Year as Sales Slow

Intel announced that it is expecting a decline in its workforce this year due to their 4th quarter earnings report. The world’s largest chip manufacturer said Thursday that it saw signs that the PC market was stabilizing, they announced that 4th quarter profit was up 6 percent year over year, to $2.6 billion, while revenue increased 3 percent to $13.8 billion.