Here’s a video explaining the processor. I don’t quite see how this will help detect fraud in real time since fraud detection requires smart software. Current software has trouble detecting fraud and frequently produces false positives that create a hassle for consumers. I guess the proof will be in the pudding. The processor itself looks…

The Redmond, Wash.-based company reported financial fourth-quarter sales of $46.2 billion after the bell Tuesday, up around 21% from the year-prior period. It generated a $16.5 billion profit for the period ended June 30, an increase of 47% year-over-year, exceeding Wall Street expectations. Analysts expected $44.1 billion in sales at a profit of $14.6 billion.…

The top-line increase of 3.4%, IBM’s biggest gain in three years, comes as the company is undergoing extensive changes, including the planned spinoff of some of its legacy IT activities that remain a multibillion-dollar business. Revenue in the second quarter rose to $18.75 billion driven by its cloud, software and services businesses. The company reported…

Microsoft is making the claim that an Israeli group sold a tool that was capable of cracking into the Windows operating system. An Israeli group sold a tool to hack into Microsoft Windows, Microsoft and technology human rights group Citizen Lab said on Thursday, shedding light on the growing business of finding and selling tools…

I don’t know what to make of this news yet. Certainly disappointing for Microsoft. Pentagon officials on Tuesday canceled the JEDI cloud-computing project—which has been mired in litigation from Amazon.com Inc. and criticism from lawmakers—and said it would start anew with a revised cloud project. “The Department [of Defense] has determined that, due to evolving requirements, increased cloud…