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Louis Gerstner, who took over International Business Machines (IBM) when it was on its deathbed and resuscitated it as a technology industry leader, died on Saturday (Dec 27). He was 83.…
IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this…
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec 8) it will buy data infrastructure company…
IBM and Cisco Systems on Thursday (Nov 20) said they plan to link quantum computers over long distances, with the goal of demonstrating the concept is workable by the end of 2030. The move…
The chip remains in its early stages, and it is not yet known when outsiders can test it International Business Machines (IBM) announced on Wednesday (Nov 12) that it has built a new…
IBM will cut roles this quarter, the company said on Tuesday (Nov 4), potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as Wall…
Wall Street opened flat on Thursday (Oct 23) as lacklustre earnings from Tesla and IBM dampened investor mood, while brewing trade tensions between the US and China threatened to deepen…
International Business Machines (IBM) reported disappointing revenue in its closely watched Red Hat unit, sparking concerns among investors who see the software business as among the keys…
SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its closely watched software segment disappointing…
IBM: International Business Machines . . . or “Incredible Breakthroughs in Medicine”? IBM may need to tweak its moniker in light of recent news, because its latest work in quantum…
Closed, it looks pretty much like any other laptop manufactured in 1995. To be sure, it’s more compact than most—making it, in the parlance of the day, a subnotebook. But it’s still…
International Business Machines (IBM) on Tuesday (Jul 8) announced a new line of data centre chips and servers that it says will be more power-efficient than rivals and will simplify the…
IBM plans to invest $150 billion in tech manufacturing, research, and development in the United States over the next five years. The technology giant announced this commitment in a news…
The hardware savings also stem from AWS’s careful implementation of an operation known as a C-NOT gate, which is performed during error correction. Amazon’s researchers showed that the…
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention. Companies such as…
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business. Long-term sales will increase…
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand. Sales increased 1 per cent to US$15 billion, slightly…
