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IBM Concludes Apptio Inc. Acquisition: Elevating Tech Management Solutions – $IBM $DIA $LTRN

Reportedly, International Business Machines Corporation has successfully finalized its acquisition of Apptio Inc. following the necessary regulatory approvals. This acquisition empowers clients to extract added value from the synergistic merger of Apptio and IBM. This completion unites Apptio's lea...

IBM Appoints Michael Miebach, Mastercard CEO, To Its Board Of Directors – $IBM $DIA $SPY $MA $LTRN

As per reports, the International Business Machines Corporation (IBM) board of directors has elected Michael Miebach to the board, effective October 30, 2023. Mr. Miebach currently serves as the chief executive officer of Mastercard Incorporated and holds a position on its board of directors. With a...

Teleperformance Unveils TP GenAI In $185M Partnership With Microsoft – $MSFT $SPY $DIA $LTRN

As per reports, France's Teleperformance has announced a partnership with Microsoft (MSFT) worth $185 million. This collaboration aims to launch TP GenAI, the company's proprietary generative AI solution, which utilizes algorithms like ChatGPT to generate new content, including audio, text, and simu...

IBM Launches WatsonX: The Next-Generation AI Platform For Enterprises – $IBM $DIA $SPY $BRQS

Reportedly, International Business Machines Corporation (IBM) has launched the latest iteration of its well-known artificial intelligence creation, Watson. WatsonX is a platform geared towards enterprises that leverage AI and data, and it follows the success of the original Watson, which...

IBM Exceeds Q1 Expectations & Signals Strong Demand For IT Services – $IBM $DIA $INVO

Reportedly, International Business Machines Corporation (IBM) exceeded the expectations of Wall Street for its first-quarter profit and indicated that the demand for IT services was better than anticipated. In the first quarter, the company's software and consulting businesses increased by 6% and 8....

IBM Considers Selling Weather Business To Focus On Cloud & Software Services – $IBM $DIA

Reportedly, International Business Machines Corporation (IBM) is contemplating the sale of its weather business as the company prioritizes software and cloud services. The division was obtained through the acquisition of the Weather Channel and Weather Underground's apps and websites in ...

IBM Spinoff Kyndryl Holdings Inc. Follows Industry Trend With Employee Layoffs – $IBM $DIA $INVO

As per reports, Kyndryl Holdings Inc., a technology company that spun off from International Business Machines Corporation (IBM) in November 2021, has laid off a significant number of employees in the midst of a tumultuous period for the industry. Kyndryl took over a considerable portion of IBM's le...

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