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IRGC threatens to 'annihilate' regional offices of 18 US tech giants over alleged espionageIran's Islamic Revolution Guards Corps has issued a stern warning to eighteen major American companies. The IRGC alleges these firms aided ...- IBM to buy HashiCorp in $6.4 billion deal to expand in cloudIBM's $6.4B acquisition of HashiCorp bolsters its AI presence through cloud expansion, despite Q1 revenue missing estimates. The deal, fund...
- IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IB...
- IBM sues former employee for return of Rs 3.7 crore bonus after she joins rival AccentureThe executive joined IBM in 2018, resigned last year and joined Accenture as Thailand managing director a month later, in April 2022, accor...
- IBM expects to exceed annual revenue target on resilient cloud momentumIBM, whose cloud revenue rose 11% to $5.2 billion in the quarter, now expects the company's annual sales to increase more than its previous...
- IBM revenue disappoints as software sales mark rare declineThe 109-year-old firm is preparing to split itself into two public companies and the namesake firm will focus on the so-called hybrid cloud...
- Sony to buy back PS3 chip plant from ToshibaSony Corp. is buying back a chip factory from Toshiba Corp. that produces the core processor for the PlayStation 3 game console.
- IBM boosts dividend 18 pct, extends share buybackIBM Corp. is increasing its dividend payout by 18 percent and buying back more of its stock, offering more signals of confidence in the tec...
- IBM cuts hundreds of jobs, sliver of 400K workersIBM Corp. has cut hundreds of jobs across a number of divisions. The cuts Monday represent a sliver of the technology company's nearly 400,...
- IBM's profit rises 9%, revenue growth resumesIBM Corp said on Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for th...
- IBM to spend $5 bn more on stock buybackIBM Corp has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the recession chokin...
- India to lead second wave of IT adoption: IBMIndia may lead the second wave of IT (information technology) adoption as companies here kept up investments despite the recession and seem...
- IBM raises guidance, profit blows past forecastsIBM Corp. blew away second-quarter profit projections and jacked up its full-year earnings forecast Thursday, a rare sign of confidence fro...
- IBM, Sun talks collapse: SourceIBM Corp withdrew its offer to buy Sun Microsystems Inc. for about $7 billion this weekend, clouding the prospects for a deal that would ha...
- IBM quietly cuts thousands of jobsWith the recession forcing tech companies to announce thousands of layoffs, IBM Corp is joining the fray but not advertising it.
- IBM quietly cuts thousands of jobsIBM's recent cuts put the number at more than 4,000 jobs lost since IBM's fourth-quarter earnings announcement last week.
- IBM to cut more than 2,800 jobs: UnionUS computer and software giant IBM Corp is planning to cut more than 2,800 jobs, a labor union representing the firm's employees said Monda...
- IBM forecasts strong '08 earnings tied to global growthStellar performance overseas have prompted IBM Corp to upgrade its outlook for 2008 despite economic uncertainty at home.
- IBM, AstraZeneca in $1.4 bn dealIBM Corp said on Monday it has won a $1.4 billion (euro1 billion) outsourcing contract from AstraZeneca PLC.
- IBM CEO meets Maran for discussionUS-based technology giant IBM Corp's CEO and Chairman Samuel J Palmisano on Tuesday called on Communications and IT Minister Dayanidhi Mara...
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