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IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...- IBM's historic stock crash: What triggered the 25% plunge?IBM shares suffered a record 25% plunge after weak earnings guidance, as AI infrastructure spending, delayed software purchases, mainframe ...
- Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...
- IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
- IBM CEO makes play for AI market and more US investmentIBM also announced in April that over the next five years, it would invest $150 billion in the United States, where it has manufactured mai...
- Cloud not for all workloads: Ensono MD Raj BaggaEnsono's India Managing Director, Raj Bagga, stated that cloud technology is not suitable for all workloads, highlighting the importance of...
- IBM misses second-quarter revenue estimates as tech spending coolsIT companies have warned of more pain as businesses striving to cut costs in the face of rising inflation snip tech budgets, hurting the in...
- Big tech faces problem as mainframes outlast workforceTeaching mainframe skills is out of vogue at many universities with advent of newer approaches to solving biggest computing challenges.
- No merit in EU claims, Microsoft involved: IBMIBM said on Monday it would cooperate with the European Commission in its antitrust probe into the company but said there was no merit to t...
- EU probes IBM over 'abuse' of market powerEuropean competition enforcers announced on Monday they were probing computer giant IBM on two separate cases relating to antitrust infring...
- IBM accused of mainframe monopolyThe report, sponsored by Open-Mainframe, says IBM has a 50% share of the high-end computer market in India, while HP has 33% and Sun Micros...
- IBM, Microsoft point fingers at each otherIBM has accused Microsoft of sponsoring an India report released last week that criticises IBM India’s trade practices. IT Buzz: Hiring & B...
- 'Dominance of global IT cos in high-end mkt hurting Indian growth'The dominance of foreign technology giants like IBM in the Indian high-end 'mainframe' server market is detrimental to the growth of the co...
- IBM buys Platform Solutions, ending dueling lawsuitsIBM announced on Wednesday that it has bought Platform Solutions Inc, acquiring its California rival's technology and ending lawsuits which...
- Mainframe computers shed their unwieldy tag, get back in fashionThe onslaught of personal computers and Web servers had given mainframes the image of clunky, old-fashioned computing giants.
- Satyam Computer acquires z9 IBM mainframe serverSatyam Computer Services has procured a z9 IBM mainframe server that has the capability to run traditional operating system as well as the ...
- IBM to make computers to power games, sitesInternational Business Machines (IBM) plans to create computers powerful enough to run Web sites and online games while millions of people ...
- ITAT breather for Kotak Primus in mainframe caseKotak Mahindra Primus, a car financing company in India, is spared from having to pay withholding tax in India on the maintenance charges i...
- Mainframes still the best bet for IBMCheap little servers handle so much of the internet’s dirty work that giant computers known as mainframes, that debuted 50 years ago and of...
- IBM launches new biz class mainframeIBM on Tuesday launched a new business class mainframe in India, seeking to expand its footprint into the rapidly-growing mid-market enterp...
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