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IBM to buy Software AG's enterprise integration platforms for $2.3 billion

IBM to buy Software AG's enterprise integration platforms for $2.3 billion

Mon, Dec 18, 2023

Silver Lake simultaneously announced its delisting offer for Software AG at 32 euros ($34.96) per share, the expected next step following its takeover this year.

IBM, Meta launch AI alliance to build open, responsible AI

IBM, Meta launch AI alliance to build open, responsible AI

Tue, Dec 05, 2023

The AI Alliance is focused on fostering an open community and enabling developers and researchers to accelerate responsible innovation in AI while ensuring scientific rigour, trust, safety, security, diversity and economic competitiveness.

IBM inks 3 pacts with IT Ministry on semiconductor, AI, quantum computing

IBM inks 3 pacts with IT Ministry on semiconductor, AI, quantum computing

Wed, Oct 18, 2023

The move assumes significance as India is taking decisive steps to position itself in cutting-edge new technologies.

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No slowdown in tech spends in India; confident of data privacy law confusions getting clarified: IBM

No slowdown in tech spends in India; confident of data privacy law confusions getting clarified: IBM

Tue, Sep 12, 2023

It can be noted that a slew of domestic IT majors, which depend on technology spends in advance economies for their revenues, have reported headwinds because of factors like geopolitical tensions, commodity price hikes, inflationary pressures and interest rates hardening.

AI will help companies, economies grow faster: IBM CEO Arvind Krishna

AI will help companies, economies grow faster: IBM CEO Arvind Krishna

Fri, Aug 25, 2023

Speaking at the 'B20 Summit India 2023', which is G20's official dialogue forum with the global business community, Krishna said that AI can take on certain mundane tasks.

IBM misses second-quarter revenue estimates as tech spending cools

IBM misses second-quarter revenue estimates as tech spending cools

Thu, Jul 20, 2023

IBM has joined tech firms in boosting its artificial intelligence offerings, launching a platform, Watson, in May to help companies integrate generative AI into their products and services after chatbot ChatGPT's stellar success.

IBM to invest $100 mn to build a 100,000-qubit supercomputer by 2033

IBM to invest $100 mn to build a 100,000-qubit supercomputer by 2033

Mon, May 22, 2023

One is the new 133-qubit `IBM Heron` processor, a complete redesign of IBM`s previous generations of quantum processors, with a new two-qubit gate to allow higher performance.

IBM's Red Hat to lay off about 760 employees globally

IBM's Red Hat to lay off about 760 employees globally

Tue, Apr 25, 2023

According to The Herald Sun, Red Hat CEO Matt Hicks called the job cuts "a decision our leadership team was truly hoping we could avoid".

IBM Quantum Networks onboards first Indian startup BosonQ PSI

IBM Quantum Networks onboards first Indian startup BosonQ PSI

Thu, Mar 23, 2023

IBM opened access to its quantum computing resources to universities in India. Later in 2022, it onboarded IIT Madras -- the first Indian university as an IBM quantum network member.

IBM Layoffs 2023: American technology giant to cut 3,900 jobs

IBM Layoffs 2023: American technology giant to cut 3,900 jobs

Thu, Jan 26, 2023

IBM Layoffs 2023 News: International Business Machines (IBM) has joined the wave of companies conducting layoffs, news agency ANI reported quoting a Wall Street Journal report.

Power Breakfast: Slight Relief For US Markets In The Mid Of Extreme Volatility, All Eyes On IBM & Tesla Results Today

Power Breakfast: Slight Relief For US Markets In The Mid Of Extreme Volatility, All Eyes On IBM & Tesla Results Today

Wed, Oct 19, 2022

US markets closed with gains for the second consecutive day due to strong results. Dow Jones closed up 350 points, S&P 500 and Nasdaq closed up 1%. Shares of Goldman Sachs jumped 2%. Netflix got great results after the market was closed. Netflix jumped 14% in post market trading. Today the results of IBM and Tesla will be seen. Crude oil recovered after yesterday's fall. Brent reached at $90 and WTI crossed $83.

CES 2022: Mercedes, BMW, IBM, Panasonic to skip in-person events as Omicron Covid-19 variant continue to surge

CES 2022: Mercedes, BMW, IBM, Panasonic to skip in-person events as Omicron Covid-19 variant continue to surge

Fri, Dec 31, 2021

BMW, IBM, Panasonic, and Mercedes have joined the growing list of tech companies who have decided not to attend the `CES 2022` in-person in Las Vegas, as cases of the Omicron Covid-19 variant have continued to surge.

An Indian firm to deploy at least 10 Cloud platforms by 2023: IBM

An Indian firm to deploy at least 10 Cloud platforms by 2023: IBM

Thu, Sep 03, 2020

"Hybrid Cloud enables improved business performance and greater ROI (return on investment). This is proven in the instance of leading businesses that have successfully achieved demonstrable competitive advantage through robust hybrid cloud management and governance platforms," said Viswanath Ramaswamy, Vice President, IBM Cloud and Cognitive Software and Services, IBM India/South Asia.

IBM India helping COVID-hit clients with financial stimulus package

IBM India helping COVID-hit clients with financial stimulus package

Sat, Jun 06, 2020

IBM India is on the path to help its partners and customers in the country with a well chalked-out financial stimulus package, a top country executive said on Saturday.

Indian-American scientist Rajiv Joshi bags inventor of the year award in New York

Indian-American scientist Rajiv Joshi bags inventor of the year award in New York

Tue, May 26, 2020

Many of these structures exist in processors, supercomputers, laptops, smartphones, handheld and variable gadgets and many other electronic items. His innovations have advanced day-to-day life, global communication, health sciences and medical fields impacting the world.

IBM lays off 'thousands' of employees as Covid-19 hits business

IBM lays off 'thousands' of employees as Covid-19 hits business

Sun, May 24, 2020

Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employees in tough Covid-19 times.

IBM, NASSCOM Foundation to train 2,500 students in new-age technologies

IBM, NASSCOM Foundation to train 2,500 students in new-age technologies

Fri, Sep 06, 2019

The "New-collar Employability Skills Programme" will engage students through an on-campus approach in a 204 hour-long blended training model at colleages in Karnataka, Haryana and the NCR.

IBM seals deal to buy Red Hat for $34 billion deal to boost cloud business

IBM seals deal to buy Red Hat for $34 billion deal to boost cloud business

Wed, Jul 10, 2019

IBM Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc, as it looks to ramp up its cloud computing business.

Vodafone Idea, IBM sign $800m IT deal for engagement in telecom, cloud and AI segments

Vodafone Idea, IBM sign $800m IT deal for engagement in telecom, cloud and AI segments

Fri, May 03, 2019

The collaboration will provide Vodafone Idea with a hybrid cloud-based digital platform to enable more intimate engagement with its subscribers.

IBM quarterly revenue misses on weak mainframe computer business

IBM quarterly revenue misses on weak mainframe computer business

Wed, Apr 17, 2019

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.

How IBM plans to secure India against cyber criminals

How IBM plans to secure India against cyber criminals

Mon, Apr 15, 2019

As chorus in India grows to safeguard key defence installations and organisations from nation-state cyber criminals, IBM with its enterprise-grade security solutions is ready to partner the government on cyber-proofing sensitive data on Cloud.

Skill gaps impeding Indians' prospects in tech jobs: IBM chief Ginni Rometty

Skill gaps impeding Indians' prospects in tech jobs: IBM chief Ginni Rometty

Wed, Mar 13, 2019

In remarks that come amid similar concerns voiced by other tech leaders domestically, Rometty, the chairman, president and chief executive of IBM, said this is a global problem and not just limited to Indian shores.

IBM to train over 1 million female students in India in 3 years

IBM to train over 1 million female students in India in 3 years

Mon, Mar 11, 2019

IT company IBM Monday said it will collaborate with with Central and state governments to upskill around one million female students in science technology, engineering and maths fields over a period of three years.

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