Cray

U.S. markets followed European equities and sold off after Portugal's second largest bank Banco Espirito Santo missed a debt payment, renewing concerns over the health of the Portuguese and European economy. Despite a comeback from hefty losses, major indices still finished the day in...

IBM's (NYSE: IBM) Watson supercomputer will soon have competition. Hewlett-Packard (NYSE: HPQ) said Monday it plans to launch two new supercomputers under the name Apollo – one of them a direct attempt to take on Watson. The announcement came just ahead of Hewlett-Packard...