#ibm

1:56am, 2nd June, 2020

TietoEVRY, IBM drop arbitration cases, revamp co-operation deal

Nordic IT services house TietoEVRY said on Tuesday it had signed a new deal with IBM changing the scope and operating model of their co-operation and the companies dropping arbitration cases against each other.

Vatican joins IBM, Microsoft to call for facial recognition regulation

9:43am, 28th February, 2020

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Vatican joins IBM, Microsoft to call for facial recognition regulation

The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call for regulation of intrusive technologies such as facial recognition.

Pope to endorse principles on AI ethics with Microsoft, IBM

7:37am, 28th February, 2020

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Pope to endorse principles on AI ethics with Microsoft, IBM

Vatican officials on Friday planned to release principles promoting the ethical use of artificial intelligence (AI), with the backing of Microsoft Corp and International Business Machines Corp as the first two technology industry sponsors.

Yara, IBM to offer digital services to farmers

1:42am, 26th April, 2019

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Yara, IBM to offer digital services to farmers

Fertilizer maker Yara International and IBM plan to launch digital farming services later this year to help boost crop yields, eventually targeting 100 million hectares, or close to 7 percent of arable land worldwide, they said.

IBM quarterly revenue misses on weak mainframe computer business

7:23pm, 16th April, 2019

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IBM quarterly revenue misses on weak mainframe computer business

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.

Red Hat jumps, IBM shares dip on cloud mega-merger

8:14am, 29th October, 2018

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Red Hat jumps, IBM shares dip on cloud mega-merger

IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.

IBM misses revenue estimates as server, software sales slow

3:59pm, 16th October, 2018

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IBM misses revenue estimates as server, software sales slow

International Business Machines Corp missed Wall Street estimates for third-quarter revenue as software sales slow down and a boost from the launch of new server products begins to dry up, driving its shares down 4 percent on Tuesday.

CLS, IBM and banks test blockchain app store

3:37am, 30th July, 2018

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CLS, IBM and banks test blockchain app store

Foreign exchange settlement provider CLS, IBM and nine financial institutions, including Barclays Plc and Citigroup Inc , are testing a platform to access blockchain-based applications, the companies said on Monday.

At patent trial, Groupon casts IBM as shaking down other tech companies

6:55pm, 19th July, 2018

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At patent trial, Groupon casts IBM as shaking down other tech companies

A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

IBM gets boost from new businesses, tops estimates

6:33pm, 18th July, 2018

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IBM gets boost from new businesses, tops estimates

International Business Machines Corp on Wednesday reported second-quarter profit and revenue that topped analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.