From CRN: While IBM (NYSE:IBM) beat Wall Street's earnings forecast for its fiscal fourth quarter on Tuesday, the vendor missed revenue expectations due to weak sales of servers, storage and other hardware.

For the quarter ended Dec. 31, IBM reported a profit of $6.2 billion, or $5.73 per share...

From PC World: Valve wasn't joking when it warned that the initial beta version of its living room-friendly SteamOS operating system was for experts only. The initial build was… rough, to say the least—only Nvidia graphics cards were supported, crucial dual-booting and partioning features weren't...

From DailyTech: Toshiba announced today that it had completed its acquisition of OCZ. OCZ filed for bankruptcy late last year and Toshiba stepped up to make the purchase. Toshiba now owns all the assets of OCZ Technology Group and has made it a wholly owned subsidiary.

Toshiba says that OCZ will...

From X-bit Labs: Intel Corp. said last week that it was on track to start volume production of its next-generation microprocessors based on the “Broadwell” micro-architecture using 14nm process technology this quarter. The world’s largest chipmaker will start to roll-out new processors in the third...

From EETimes: Intel plans to cut back its global workforce of 107,000 employees by approximately 5% this year as the world's leading semiconductor manufacturing company shifts its priorities.

The announcement comes one day after Intel announced its fourth quarter earnings in a conference call that...

From PC World: Intel is carving out a lot more room for storage in its "Next Unit of Computing" bare-bones PCs.

These units, or NUCs for short, are meant to be lightweight computers for the living room or desktop, and they include mounting brackets for hiding behind a television. A motherboard, CPU...

From DailyTech: Intel has announced that it has finally found a buyer for its Intel Media assets. Intel Media is the arm of the chipmaker that ran the OnCue Cloud TV platform. The terms of the deal are unannounced, but sources previously tipped that Intel was seeking $500 million for the assets....

From X-bit Labs: Toshiba Corp. and OCZ Technology Group on Friday announced that the United States Bankruptcy Court for the District of Delaware had approved the agreement under which Toshiba will take over substantially all of OCZ assets. OCZ Technology Group will continue to search for a buyer of...

From EETimes: Intel reported 3% increase in revenue and 6% increase in profit, year over year, in its earnings call on Thursday. The company’s Q4 results were mixed, however, attributing the results to the PC business stabilizing while tablet and datacenter business grew modestly. Intel also offered...

From TechHive: Verizon's Edge program now allows users to get a new phone every 30 days, though it's still just as expensive to do so.

Under the Edge program, subscribers get a new phone for no money down, with the full (unsubsidized) price spread out over 24 monthly installments. Edge users can...