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IBM CLOUD SLOWDOWN
US Stock Market: IBM shares slide after software weakness clouds Q1 resultsIBM shares fell in after-hours trading after its Q1 results signalled a slowdown in revenue growth, particularly in its software division. ...- Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmedOn Thursday, Indian markets opened on a high note, buoyed by positive reactions to corporate earnings and global political dynamics. The an...
- IBM's slowing cloud growth eclipses upbeat third-quarter resultsSlower growth in IBM's cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ab...
- Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...
- IBM falls 9% as enterprise-spending constraints choke consulting demandShares of International Business Machines fell more than 9% on Thursday, as its consulting business faces pressure from enterprises tighten...
- For IT, a $16 billion deal feast on the tableTech slowdown to intensify local, global firms’ race for contracts up for renewal in H1 this year.
- IBM executives foresee robust growth in Indian tech marketSpeaking at the flagship IBM Think conference in Mumbai, on Tuesday, Paul Burton, general manager, IBM Asia Pacific, and Sandip Patel, mana...
- When the trinity can, indeed, be Big TechParminder Singh tweeted that if Apple CEO Tim Cook is succeeded by a Shiv, a combo of the names of Microsoft-Apple-Google CEOs will reflect...
- Microsoft's dour outlook raises red flags for tech sectorMicrosoft, the second most valuable US company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending...
- IBM finds silver lining despite slowdown: ‘Telcos’ IT investments intact, auto companies may slow pace’As India’s economic growth slows, experts have been concerned that it would also affect the country’s IT market, which was projected to rea...
- The billionaire software mogul who doesn't want his company to grow upPlattner, 75, wants to shake up SAP once more and make it the employer of choice for the young and hungry.
- Buy Majesco, target Rs 715: HDFC SecuritiesMajesco is a smallcap company, operating in information technology sector.
- IBM India revenue touches $3.5 billion, but profit declinesIBM India, which is headed by company veteran Vanitha Narayanan, also forecast that it would continue to post healthy growth in the near te...
- Cloud platform raining cash on Amazon, Google and Microsoft as other tech firms struggleGoogle, Microsoft, and Amazon get added revenue as they become sellers of computing power to a growing number of other cos on hunt for low-...
- IBM posts 4 per cent drop in quarterly revenue, shares slumpIBM reported a 4 per cent drop in quarterly revenue as client activity slowed in September, sending its shares down sharply in pre-market t...
- Indian software market up 10% to $4.7 bn; Microsoft tops tallyBrazil grew at 7.8 per cent, while China registered a growth rate of 7 per cent. Russia grew at 8.9 per cent and South Africa at 6.3 per ce...
- Budget has had no practical impact on costing of software services: Sanjiv Patki, Allied DigitalIn an interview with ET, Sanjiv Patki, COO - Allied Digital talks about the impact of Budget 2012 on the software services sector.
- BPO firms eye next-gen growthGlobal deal pipelines are slowly warming up. But there are also worries on account of the European debt crisis.
- Different cloud computing standards a huge challengeThe lack of agreement on standards may put the best technology bet to cut costs at the disposal of Indian companies in these tough times - ...
- Satyam scam: Credibility of Brand India IT under cloudSatyam Computer Services chairman B Ramalinga Raju’s admission he had cooked the company’s books will affect the rest of the Indian corpora...
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