Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide ...
Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and refocused it on customers during a period of crisis. Gerstner reshaped IBM's strategy and ...
IBM has agreed to acquire Confluent for $11 billion. Confluent specializes in data and event streaming, enabling applications and AI agents to communicate without hard dependencies. IBM expects the ...
There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...
IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...
Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...
IBM (NYSE: IBM) and the University of Dayton today announced an agreement for the joint research and development of next-generation semiconductor technologies and materials. The collaboration aims to ...
IBM has released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...
SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ...
AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...
Layoffs at International Business Machines Corp. (NYSE: IBM) will not help it lead in artificial intelligence. IBM has a history of letting opportunities to lead pass it by, and now it is no longer ...
IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...
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