Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide ...
IBM has agreed to acquire Confluent for $11 billion. Confluent specializes in data and event streaming, enabling applications and AI agents to communicate without hard dependencies. IBM expects the ...
IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...
This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...
SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...
International Business Machines unveiled its plan to build “the world’s first large-scale, fault-tolerant quantum computer” in June, and on Wednesday, the company shared more on how it plans to reach ...
IBM stated earlier this week that it will conduct layoffs in the current quarter. The cuts will impact “a low single-digit percentage” of IBM’s 270,000-person global workforce. IBM is making cuts as ...
IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...
IBM has historically been at the frontier of computing, and it intends to do so in the age of AI. After making some of the world's most powerful supercomputers, the company is now working with ...
IBM, previously the target of multiple lawsuits alleging that its DEI programs discriminated against White workers, now faces allegations that it unlawfully fired employees in order to comply with an ...
Project will enhance rolling stock and facilities management and maintenance for the Auckland Metro operator (MaximoLive 2025) – Cohesive, part of Bentley Systems, Incorporated, has been selected by ...
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