How do you save $1 billion? That is the question facing IBM's PC division as it struggles to wring costs out of operations and squeeze more profits in. The answer sums up a major re-engineering of the ...

CHICAGO (AP) – William C. Lowe had a bold idea: IBM should develop a personal computer that could be mass marketed, expanding the company’s reach beyond businesses and into people’s homes. That was in ...

IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry. The company is negotiating with ...

Executives at vendors such as Acer, with its huge operations in China, and notebook PC competitor Toshiba said they prefer to hold comment until more details are available. Other IBM competitors see ...