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IBM led the worldwide server market in Q2 2011 with a 30.5% market share, topping HP which fell to the second position after its market share dropped to 29.8%, down 1.7 percentage points from Q1 2011.

Making computers behave like humans has taken another step forward. IBM on Thursday announced it has created a chip designed to imitate the human brain's ability to understand its surroundings, act on things that happen around it and make sense of complex data.

In its quarterly earning released on Monday, IBM reported revenues of $26.7 billion – up 12% from the same period last year. With IBM reporting its 4th consecutive quarter of double digit revenue growth, its shares have marched higher since its announcement. The stock is up nearly 50% in the last year surpassing Microsoft as the second largest technology company by market cap behind Apple. IBM’s primary competitors include HP, Dell and Oracle.

Stocks opened higher as encouraging quarterly results from blue-chip companies and a hint of housing optimism gave a boost to investor sentiment.

For IBM's 100th birthday, here's a look at some company highlights.

Oracle abandoned OpenOffice, but now it seems, thanks to IBM, that it may live on with another organisation.

International Business Machines surged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most important technology companies.

IBM supercomputer Watson won its second "Jeopardy!" game in Wednesday's edition of the TV show, completing a two-game sweep of its two human opponents.

It's the size of 10 refrigerators, and it swallows encyclopedias whole, but an IBM computer was lacking one thing it needed to battle the greatest champions from the "Jeopardy!" quiz show....

Yeah, all Watson does is answer questions – he probably isn’t one for small talk. But the cool thing here is that Watson does it by interpreting natural language. How many computers do you know that are bad enough dudes to do that? Probably less than one.