Red Hat

IBM Beats Q2 Estimates, Sees Cloud Growth
Technology

IBM Beats Q2 Estimates, Sees Cloud Growth

“Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption."
By Matthew Heller | July 21, 2020
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IBM Sales Slump for Fifth Straight Quarter
The Cloud

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."
By Matthew Heller | October 17, 2019
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Red Hat Fires CFO Over Workplace Standards
People

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.
By Matthew Heller | October 11, 2019
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IBM Sells Software Products to HCL for $1.8B
The Cloud

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.
By Matthew Heller | December 10, 2018
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Red Hat Shares Dive on Disappointing Guidance
Financial Performance

Red Hat Shares Dive on Disappointing Guidance

After five strong quarters where the enterprise software firm beat and raised estimates, "it came back to earth a bit," one analyst says.
By Matthew Heller | June 25, 2018
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Major Reform Needed to Boost Investment in U.S.
Tax

Major Reform Needed to Boost Investment in U.S.

Significantly lowering the corporate tax rate is among four recommendations by Red Hat CFO Frank Calderoni.
By Frank Calderoni | November 17, 2015
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‘Venom’ Bug Found in Virtual Machine Software
The Cloud

‘Venom’ Bug Found in Virtual Machine Software

Cloud computing companies have been working to patch the bug, which could be used by hackers to take control of cloud netwworks.
By Matthew Heller | May 14, 2015
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In His Fourth Industry, Red Hat CFO Enjoys the View
Technology

In His Fourth Industry, Red Hat CFO Enjoys the View

Charlie Peters, a finance chief since age 31 in 1985, is on a wild growth ride with the open-source software company. The biggest problem: managing the growth.
By David McCann | October 12, 2012
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