IBM revenue falls for 13th straight quarter; shares dip
International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.
Jul 21, 2015, 03:34 AM IST
IBM unveils 'breakthrough' computer chip
IBM Thursday unveiled a powerful new chip which the company says could boost computing power of "everything from smartphones to spacecraft."
Jul 10, 2015, 00:22 AM IST
Oracle expands cloud services to take on Amazon, Microsoft
Oracle on Tuesday expanded its cloud service offerings with an emphasis on PaaS (platform-as-a-service)as it launched 24 new technologies aimed at leap-frogging over rival brands like Amazon, Microsoft and IBM.
Jun 23, 2015, 17:46 PM IST
Deutsche Bank partners with Microsoft, HCL, IBM in tech lab launch
"These labs will act as a bridge between start-ups and different parts of the bank, enabling it to apply innovative technology to enhance service to clients and internal processes," said Henry Ritchotte, Chief Operating Officer and Chief Digital Officer at the bank in a statement.
Jun 03, 2015, 15:33 PM IST
IBM to set up data centre in India
The US-based firm has made a USD 1.2 billion investment in cloud centres across major markets globally.
May 22, 2015, 17:01 PM IST
Buffett's Berkshire adds to favourites IBM, Wells Fargo
Berkshire also boosted its share stake in U.S. Bancorp , another large holding, while other portfolio managers adjusted their stakes in several companies.
May 16, 2015, 03:40 AM IST
IBM, Facebook in new marketing partnership
In other words, the customers will now be able to buy Facebook ads with combined data from Facebook and IBM`s Marketing Cloud.
May 07, 2015, 13:26 PM IST
Capgemini to buy IGATE Corp in $4-billion cash deal
French IT services company Capgemini will buy IGATE Corp -- a US-based company with a large presence in India -- for USD 4 billion in cash to create an entity with a combined revenue of USD 14 billion to take on rivals like IBM.
Apr 27, 2015, 11:49 AM IST
Wall Street mixed as earnings offset merger news
US stocks ticked lower on Tuesday, with the Dow industrials weighed by companies reporting earnings while the Nasdaq gained on the back of a proposed merger in the biotech sector.
Apr 22, 2015, 01:26 AM IST
IBM sales fall for 12th quarter, currency weighs
International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives.
Apr 21, 2015, 03:31 AM IST
IBM to invest $3 bn on 'Internet of Things'
Technology giant IBM today said it will invest USD 3 billion (about Rs 18,770 crore) over the next four years to establish a new Internet of Things (IoT) unit to help its enterprise customers make better business decisions.
Mar 31, 2015, 17:29 PM IST
IBM says to invest $3 bn in 'Internet of Things' unit
IBM said a unit of the Weather Co will move its weather data services onto IBM`s cloud, so that customers can use the data in tandem with IBM`s analytics tools.
Mar 31, 2015, 14:50 PM IST
IBM targets $40 billion in cloud, other growth areas by 2018
International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
Feb 26, 2015, 21:52 PM IST
Lufthansa CEO says no plans to sell IT arm
German carrier Lufthansa has said it has no plans to sell its IT arm Lufthansa Systems, though it has outsourced some part of the job to the tech giant IBM last year.
Feb 11, 2015, 20:03 PM IST
IBM sues Priceline over patents
IBM is suing Priceline over a set of patents that the century-old technology firm says have been vital to the relative newcomer`s success.
Feb 11, 2015, 07:14 AM IST
Softbank to add learning technology to empathetic robot
Japanese mobile carrier Softbank said on Tuesday it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month.
Feb 10, 2015, 22:27 PM IST
IBM brings back bonuses for top execs even as profits slide
International Business Machines Corp brought back annual performance bonuses for its chief executive and her top lieutenants for 2014 despite falling profits and a tumbling stock price, a regulatory filing showed on Friday.
Jan 31, 2015, 08:59 AM IST
CBDT asks officials not to pursue Vodafone-type tax cases
The Tax Department on Thursday asked its field officers not to pursue transfer pricing cases similar to Vodafone's, a move being seen as a major relief to multinationals fighting such cases involving tax demands of thousands of crores of rupee.
Jan 29, 2015, 19:53 PM IST
IBM unveils powerful servers in India
Global IT major IBM Monday unveiled its most powerful mainframe servers here to meet the growing requirements of India`s mobile economy.
Jan 19, 2015, 22:40 PM IST
IBM says cloud business enjoying "breakthrough year"
IBM aims to expand the number of data centres it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a "breakthrough year" in 2014 for its cloud computing business.
Dec 18, 2014, 12:24 PM IST
