links for 2006-11-15

• IBM Unveils $100 Million Innovation Agenda (InformationWeek)
  The company has opened its labs, its ‘crown jewels,’ to help create 10 new offerings that will support advanced consumer and business products and services.
  (tags: Innovation)
• CSC: We’ve Blown $80 Million At Sears And Want Our Money Back (InformationWeek)
  It has sunk $80 million into building and operating a computing backbone for Sears, but that Sears now wants out of the 10-year outsourcing agreement.
  (tags: Business Risks)
• IBM Calls China Bank Reports "Speculation" (InformationWeek)
  Media reports indicating IBM is pursuing a stake in a Chinese investment bank in partnership with Citigroup are rumor (!?)
  (tags: China Business)
• India’s TCS gets $100 mln deal from US firm (Reuters.com)
  Tata Consultancy Services has won a $100 million contract from Kimberly-Clark Corp.
  (tags: Contract-Wins India USA)
• China investment bubble? Maybe not (Venture Beat Contributors)
  Venture capital investments in Chinese companies are growing strongly.
  (tags: Venture-Capital Business Technology)