IBM
Israel signs cloud services deal with Amazon and Google
Israel’s government has said it had signed a deal with Amazon Web Services (AWS) and Google for a more than $1 billion project to provide cloud services for the country’...
IBM to acquire software provider Turbonomic for over $1.5 billion
IBM has said it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of clou...
IBM returns to sales growth after a year of declines on cloud strength
IBM returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by its bets in the high-margin cloud computing business.
Palantir signals slower annual revenue growth, shares drop
Peter Thiel-backed data analytics business Palantir Technologies has signalled revenue growth would slow this year, casting a shadow on its better-than-expected quarterly results, ...
IBM revenue disappoints as software sales mark rare decline
IBM Corp missed Wall Street estimates for quarterly revenue, hurt by a infrequent earnings decline in its software unit as customers shied away from longer-term prices as a result ...
IBM to break up 109-year old company to focus on cloud growth
IBM is splitting itself into two public companies, capping a years-long campaign by the world’s very first huge computing firm to diversify away from its heritage businesses ...
US to spend $625 million in five quantum research hubs
The US Department of Energy has said that it will provide $625 million over the next five years for five recently formed quantum information research hubs as it tries to keep ahead...
IBM exits facial recognition business, calls for police reform
IBM disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new CEO Ar...
Snapchat and Facebook join chorus of companies condemning George Floyd death and racism
Facebook and Snap have become the latest US companies condemning racial inequality in the US as violent protests flared up across major cities over the death of George Floyd, an un...
White House panel: Build new tech infrastructure for future jobs
A White House advisory panel will call for the government and private industry to work together to build new technological infrastructure to support future jobs and provide the und...
Tech firms sweeten deals for US banks cutting costs in crisis
Top technology services businesses are offering payment deferrals, discounts of up to 20% and other sweeteners to some US banks to keep their business as COVID-19 forces Wall Stree...
IBM taps former Bank of America Chief Technology Officer to oversee its cloud business
IBM has named former Bank of America Corp CTO Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty.Â
Vatican joins IBM, Microsoft to call for regulation regarding facial recognition
VATICAN CITY (Reuters) – The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call fo...