IBM Spinoff Kyndryl Launches With Cloud Hopes
The IT services provider is looking to help clients shift to cloud platforms such as Microsoft Azure, Amazon Web Services, and Google Cloud.
James Kavanaugh Named IBM Finance Chief
The 22-year company veteran replaces Martin Schroeter, who becomes senior vice president of global markets.
IBM Shares Sink on Unexpected Revenue Drop
Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.
IBM’s Q4 Results Don’t Ease Investor Doubts
The stock falls 5% despite stronger-than-expected growth in cloud computing and other businesses IBM hopes will fuel a turnaround.