IBM reports rise in Q4 profit, but plans to cut 3,900 jobs
IBM reported net income of $2.9 billion in the fourth quarter of 2022 and year-on-year increases in revenue across all three of its business segments.
IBM reported net income of $2.9 billion in the fourth quarter of 2022 and year-on-year increases in revenue across all three of its business segments.
A securities fraud lawsuit filed against IBM accuses the tech giant of deceiving investors by shifting mainframe revenue to make its cloud and AI-based Watson products appear to be in high demand.
IBM has revealed its new Partner Plus program which continues to place partners at the centre of its strategy to help capture a slice of the US$1 trillion hybrid cloud and AI market.
IBM is acquiring digital transformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners.
After four years, Maersk is shuttering its blockchain experiment aimed at creating an efficient and inexpensive method for tracking global shipments.
A demonstrated attack in IBM’s cloud infrastructure allowed them access to the internal server used to build database images for customer deployments.
IBM and Maersk are closing TradeLens after the blockchain-based supply chain service failed to attract enough users to be commercially viable.
IBM alleges that software partner Micro Focus copied its proprietary file format and broke a contract with the company, in a suit filed in the Southern District of New York.
IBM Australia has poached TikTok's Elisa Kelsall as its new general manager for ecosystem and alliances.
IBM's most powerful quantum computer yet, Osprey, is a 433-qubit machine, and the vendor is enlisting partners to identify use cases for businesses.
The suite, which includes the new IBM Analytics Content Hub, is designed to let enterprises access analytics and planning tools from multiple vendors.
IBM's third quarter financial report reveals a strong showing for mainframes as well as hybrid infrastructure, as total quarterly revenue hits $14 billion.
Excess privilege granted to cloud identities is a key component in 99 per cent of all security tests performed by IBM’s X-Force Red penetration testing team.
IBM adds NIST’s new public-key encryption and digital signatures algorithms to defend against attacks by future quantum computers.
Despite posting a revenue increase, the ongoing war in Ukraine and the strengthening of the dollar have caused IBM to revisit its 2022 outlook.
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