IBM Sales Slump for Fifth Straight Quarter
“The company’s cloud business hasn’t been able to make up for declining sales in its services, hardware, and financing businesses."
Red Hat Fires CFO Over Workplace Standards
Eric Shander, who had been with the software firm since 2015, helped guide it through its acquisition by IBM.
IBM, Chainyard Launch Blockchain Network for Suppliers
The new network increases efficiency and reduces fraud and error risk.
IBM Posts First Annual Revenue Gain in 7 Years
The 2018 revenue growth reflected "growing demand for our services and leadership solutions in hybrid cloud, AI, analytics, and security."
IBM Sells Software Products to HCL for $1.8B
The deal includes the Lotus Notes, Domino, and Portal products that were at one time major contributors to IBM's enterprise business.
Converging Technologies Will Lead to ‘Continuous Auditing’
Technological advancement also promises huge strides for many industries but perhaps a dire fate for others, a futurist tells accountants and auditors.
IBM ‘Still Has a Revenue Growth Problem’
The computing giant recorded a 2% fall in revenue for the third quarter but boosted gross margins.
‘Strategic Imperatives’ Drive IBM’s Q2 Growth
"We've done the work to reposition our company. We are seeing our investments ... now paying off," CFO James Kavanaugh says.
IBM Beats Q1 Estimates But Stock Dives 5.7%
“In a nutshell, patience is wearing thin on the Street around the IBM turnaround story, which continues to be elusive,” one analyst says.
IBM Adds Watson Assistant to AI Portfolio
The new service "is clearly IBM's move to beat its more consumer-bent competitors to a smart assistant for commercial partners."