All IBM Articles
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...
Sep 07, 2023
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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...
Sep 15, 2023
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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...
Jun 26, 2023
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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...
May 21, 2023
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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....
May 05, 2023
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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 ...
May 20, 2023
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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...
Apr 04, 2023
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IBM Sues Former Top Exec For Joining Rival In Asia-Pacific Region- $IBM $ACN $MSFT $DIA
As per reports, IBM. Corp (IBM) is suing Patama Chantaruck its former top executive in its Thailand subsidiary, claiming Chantaruck should pay back nearly half a million dollars in bonus awards for accepting a job at Accenture, its rival company. In a lawsuit filed in federal court in New York, IBM ...
Feb 21, 2023
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IBM Announces Job Cuts As Cash Flow Miss Reported – $IBM $DIA $INVO
As per reports, IBM released their Q1 earnings missing its annual cash target. The company's 2022 cash flow was $9.3 billion, below its target of $10 billion, due to higher-than-expected working capital needs. IBM forecasts annual revenue growth in the mid-single digits on constant currency terms, ...
Jan 30, 2023
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IBM & Japan’s Rapidus Aiming to Manufacture The World’s Most Advanced Chips – $IBM $DIA $INVO
As per reports, International Business Machines Corporation (IBM) partnered with a newly formed chip maker, Rapidus, backed by the Japanese government aimed to manufacture the world's most advanced chips in Japan by the second half of the decade. Japan's industry and trade ministry has agreed to inv...
Dec 14, 2022
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IBM Acquires US-Based Digital Transformation Provider, Octo – $IBM $DIA $INVO
As per reports, IBM (IBM) announced the acquisition of U.S based Octo, an IT modernization and digital transformation services provider serving the U.S. federal government, including health, defense, and civilian agencies. The technology giant's acquisition of Octo is one of the major digital transf...
Dec 09, 2022
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IBM & Bosch Connect To Find Alternatives To Critical Minerals For EV’s – $IBM
As per reports, International Business Machines Corporation  (IBM) and Germany's Bosch have formed a partnership to use quantum computing and simulation technology to find alternatives to the rare earth and metals needed for electric vehicles. The minerals used in membranes in fuel cells for hydrog...
Nov 23, 2022
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IBM Pushes The Limits With Its Most Powerful Quantum Computer To Date – $IBM $DIA $INVO
Reportedly, International Business Machines Corporation (IBM) announced a 433-qubit, Osprey machine, the most powerful and impressive quantum computer, built with three times the number of qubits than its earlier Eagle machine. Quantum computers are much faster than the fastest supercomputers today....
Nov 29, 2022
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IBM’s Recent Beat Driven By Robust Cloud Strength – $IBM $DIA $ATOS $INVO
As per reports, International Business Machines Corporation (IBM) beat quarterly revenue estimates and expects to exceed full-year revenue growth targets as robust demand for its digital services offset the blow from a strong dollar. IBM's cloud revenue jumped 11% to $5.2 billion in the quarter and ...
Dec 08, 2022
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IBM Q2 Earnings Beat Estimates – $IBM $DIA
As per reports, International Business Machines Corporation's (IBM) second-quarter results exceeded expectations reporting adjusted earnings of $2.31 a share on revenue of $15.5 billion, beating analysts' estimates of $2.27 on revenue of $15.1 billion. Revenue jumped 9% from the year-ago quarter and...
Jul 25, 2022
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IBM’s Red Hat Names Matt Hicks As Its New CEO – $IBM $DIA
Reportedly, International Business Machines Corporations' (IBM) subsidiary software company, Red Hat has named Matt Hicks, head of products and technologies, as its new leader, solidifying a bet that hybrid-cloud offerings will boost the company’s growth. Hicks takes over as the software unit’s ...
Jul 25, 2022
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IBM Lays Off Employees In Russia – $IBM $DIA
Reportedly, International Business Machines Corporation (IBM) is laying off employees and winding down its business in Russia. After Russia's Ukraine invasion in February, IBM joined hundreds of other companies in suspending business in the country, while many others announced a complete exit from R...
Jun 26, 2022
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Mimi Poon Succeeds Charles Kiang As IBM’s New General Manager Hong Kong – $IBM $DIA
Reportedly, International Business Machines Corporation (IBM) Director, Software Group, Hong Kong Mimi Poon is now set to lead as General Manager, IBM Hong Kong effective immediately. In her new role, Mimi will oversee IBM's business operations and strategic development in Hong Kong and Macau. Mi...
May 13, 2022
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IBM Approves Quarterly Dividend Increase For 27th Consecutive Year – $IBM $DIA
Reportedly, the board of (IBM) announced an increase in the regular quarterly cash dividend to $1.65 per common share, marking it the 27th year in a row that the company has increased its quarterly cash dividend. The dividend is payable on June 10, 2022, to stockholders as of May 10, 2022. This is t...
Apr 28, 2022
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IBM Releases Q1 Earnings Finding Growth In The Cloud – $IBM $DIA
International Business Machines Corporation (IBM) released first-quarter earnings, reporting a revenue increase of 8% to $14.20 billion in the first quarter, beating estimates of $13.85 billion. Adjusted profit of $1.40 per share also topped expectations of $1.38. IBM expects to hit the top end of i...
Apr 21, 2022
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IBM Working With Canadian Province Of Quebec To Boost Deployment Of Quantum Computing
Reportedly, International Business Machines Corporation (IBM) is partnering with the Canadian province of Quebec to boost quantum computing, which could help advance areas like battery development. Anthony Annunziata, IBM's director of accelerated discovery informed that IBM is deploying the quantum...
Feb 09, 2022
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IBM Acquires Boston-Based Sentaca – A Leading Telco Consulting Services & Solutions Provider
As per reports, International Business Machines Corporation (IBM) has acquired Sentaca, a leading telco consulting services and solutions provider headquartered in Boston, Massachusetts. The acquisition will accelerate IBM’s hybrid cloud consulting business, adding critical skills to help communic...
Feb 08, 2022
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IBM Reports Double Digit Q4 Growth In Cloud & Consulting Businesses
Reportedly, International Business Machines Corporation (IBM) beat Wall Street estimates for revenue in the fourth quarter, as the technology giant focussed on the cloud after exiting the slow-growing managed infrastructure business. Excluding items, IBM earned $3.35 per share, beating estimates of ...
Jan 26, 2022
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IBM Announces Successful Implementation Of Vehicle Management System For Mitsubishi Motors Philippines Corporation
Reportedly, International Business Machines Corporation (IBM) has successfully implemented a Vehicle Management System on SAP S/4HANA at Mitsubishi Motors Philippines Corporation (MMPC) preceded by the migration out of the AS/400 platform and as a part of the automobile manufacturer's digital transf...
Jan 19, 2022
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IBM Strengthens Environmental Commitment With Acquisition Of Australian Analytics Firm Envizi – $IBM $DIA
As per reports, International Business Machines Corporation (IBM) has acquired an Australian analytics provider, Envizi Pty Ltd, that specializes in the automation of the collection of emissions data. The acquisition will expand IBM's investments in artificial intelligence to help companies make the...
Jan 12, 2022
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IBM Strengthens Cloud Offering With Acquisition Of Cloud Based Aussie Co. SXiQ
Reportedly, International Business Machines Corporation (IBM) announced the acquisition of SXiQ, an Australian digital transformation services company specializing in cloud applications, cloud platforms, and cloud cybersecurity. Businesses are now rapidly turning to multiple cloud providers and plat...
Dec 04, 2021
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IBM & Amazon Collaborate To Offer OpenShift To Oil Industry
As per reports, International Business Machines Corporation (IBM) and Amazon (AMZN) have come together to offer a set of tools that oil companies can use to manage diverse types of data. IBM’s technology called OpenShift will allow oil companies to use the oil-industry cloud data tools in their pr...
Nov 16, 2021
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IBM’s Managed Infrastructure Services Business Kyndryl Began Trading On NYSE Under The Symbol “KD”
Reportedly, International Business Machines Corporation (IBM) announced the complete separation of Kyndryl, its managed infrastructure services business starting November 4, 2021. Kyndryl to begin "regular way" trading on the New York Stock Exchange under the symbol "KD." "The separation of Kyndryl...
Nov 09, 2021
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IBM Announces Cash Dividend Of $1.64 Payable December 10, 2021
As per reports, the board of International Business Machines Corporation (IBM) approved a regular quarterly cash dividend of $1.64 per common share to stockholders as of November 10, 2021. The dividend is payable on December 10, 2021. The dividend is the first dividend that will be paid by IBM after...
Oct 27, 2021
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IBM’s Q3 Earnings Disappoint
Reportedly, International Business Machines Corporation's (IBM) third-quarter earnings release reported lower revenue than estimates. Adjusted earnings per share of $2.52 per share versus $2.50 per share expected. Revenue of $17.62 billion was reported versus $17.77 billion estimated. Net income dec...
Oct 25, 2021
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IBM To Acquire Leading Adobe Workfront Consultancy Unit From Rego Consulting Corporation
As per reports, International Business Machines Corporation (IBM) is acquiring Adobe Workfront consulting unit and assets from Rego Consulting Corporation to expand its hybrid cloud and AI strategy. The company has been investing aggressively to strengthen its hybrid cloud and AI strategy and capa...
Oct 21, 2021
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IBM Shareholders To Receive One Share of Kyndryl Services Stock For Every Five Shares of IBM Stock
Reportedly, the board of International Business Machines Corporation (IBM) has approved the previously announced separation of Kyndryl, the company’s managed infrastructure services business. The IBM board of directors declared a pro-rata distribution to IBM stockholders of 80.1 percent of the out...
Oct 13, 2021
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IBM & Raytheon Technologies Announce Collaboration Offering Enhanced Solutions In Aerospace, Defense & Intelligence Solutions
As per reports, International Business Machines Corporation (IBM) and Raytheon Technologies (RTX) have entered a strategic collaboration agreement to jointly develop advanced artificial intelligence, cryptographic and quantum solutions for the aerospace, defense, and intelligence industries includin...
Oct 12, 2021
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IBM & Mercedes Launch Service In The “Mercedes Me” App Designed To Help Find Stolen Vehicles
As per reports, IBM (IBM) and Mercedes have announced the successful development of "Urban Guard - Stolen Vehicle Help," a recently launched service in the Mercedes me app, designed to find and recover stolen vehicles. The collaboration extends the prior partnership of IBM and Daimler, Mercedes' p...
Sep 03, 2021
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IBM’s 21st Century Apprenticeship Program Now Recognised By The American Council On Education
Reportedly, International Business Machines Corporation (IBM) 21st-century apprenticeship program has officially been recognized by the American Council on Education (ACE) allowing IBM apprentices to translate their 12 months of on-the-job training for up to 45 college credits, or around three semes...
Aug 22, 2021
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IBM To Open U.S. Offices From September 7 – Restricted To Only ‘Fully Vaccinated’ Employees
Reportedly, International Business Machines Corporation (IBM) will allow only fully vaccinated U.S. employees to return to offices, due to the rapid spread of the Delta variant of COVID-19. The offices are to open from Sept. 7. The increase in COVID-19 cases in the United States due to the highly c...
Aug 19, 2021
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IBM Schedules Quarterly Cash Dividend Payable September 10
As per reports, the board of International Business Machines Corporation (IBM) announced a regular quarterly cash dividend of $1.64 per common share, to stockholders of record August 10, 2021, payable September 10, 2021. Dow 30 component International Business Machines Corporation (IBM) p...
Aug 02, 2021
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Spain’s Amadeus Collaborates With IBM To Integrate Digital Health Pass Into Its Traveler ID Platform
Reportedly, Spain's Amadeus is integrating International Business Machines Corporation (IBM) digital health pass into its Traveler ID platform to simplify the verification of passengers' health credentials during the boarding process. Traveler ID platform was launched earlier this year for airlines ...
Jul 26, 2021
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IBM Releases Q2 Earnings Confirm Analysts’ Beat & Fastest Revenue Growth In 3 Years
International Business Machines Corporation (IBM) reported Q2 earnings & beat analysts' expectations. The company reported adjusted earnings of $2.33 per share vs. $2.29 per share expected. Revenue grew 3% year over year in the quarter and stood at $18.75 billion, vs. $18.29 billion expected. â...
Jul 20, 2021
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IBM’s President Jim Whitehurst To Resign From His Position
Reportedly, International Business Machines Corporation's President, Jim Whitehurst, who played a major role in the $34 billion acquisition of Red Hat two years ago, will step down from his position. Whitehurst was named President in January 2020. Whitehurst will continue to work as senior adviser t...
Jul 06, 2021
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IBM Enters Hybrid Cloud Deal With Telecommunication Giants Verizon & Spain’s Telefonica
Reportedly, International Business Machines Corporation (IBM) has entered hybrid cloud deals with global telecommunication giants Verizon and Spain’s Telefonica as the company aims to build out 5G and edge networks. The deal expands on existing partnerships IBM has with the two telecom operators. ...
Jul 05, 2021
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IBM Completes Acquisition Of Application Resource Management Provider, Turbonomic. Inc.
Reportedly, International Business Machines Corporation (IBM) announced the closing of its acquisition of Turbonomic, Inc., an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. The recent closure complements IBM's recent acquisition...
Jun 24, 2021
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IBM’s U.S Employees Are Heading Back To Offices In Fall (September)
Reportedly, U.S employees of International Business Machines Corp. (IBM) will be returning to company offices the week of Sept. 7. In a memo, Chief Human Resources Officer Nickle LaMoreaux cited “improving U.S. clinical conditions and broad access to Covid-19 vaccines” for the company’s decisi...
Jun 15, 2021
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IBM To Deliver Global Hybrid Cloud Transformation For Pitney Bowes
Reportedly, International Business Machines Corporation (IBM) has entered an agreement with Pitney Bowes, under which IBM will deliver IT automation, machine learning, and managed infrastructure services designed to assist Pitney Bowes to enhance and include hybrid cloud computing to support its glo...
May 25, 2021
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IBM Acquires Salesforce Partner Waeg
As per reports, International Business Machines Corporation (IBM) is buying Waeg, a consulting partner for Salesforce (CRM) extending its range of services and supporting its hybrid cloud and artificial intelligence strategy. Waeg, based in Brussels serves clients across Europe, complements IBM's ac...
May 18, 2021
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IBM’s ‘Hybrid Work Plans’ For Returning To Work Post Pandemic
In a recent interaction with Yahoo Finance Presents, International Business Machines Corporation (IBM) CEO, Arvind Krishna discussed how the company expects at least 80% of the company’s 350,000 employees to opt for a hybrid model of work post-COVID -19 vaccination rollout. A hybrid model is such ...
May 19, 2021
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IBM Introduces World’s First 2-Nanometer Chip Technology
Reportedly, International Business Machines Corporation (IBM) has unveiled the world's first 2-nanometer chipmaking technology that could be 45% faster and up to 75% more power-efficient than the mainstream 7-nanometer chips used in many of today's laptops and phones. The technology is expected to ...
May 11, 2021
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IBM Reports Increase In Quarterly Cash Dividend
As per reports, the board of International Business Machines Corporation (IBM) will increase the regular quarterly cash dividend to $1.64 per common share, payable to all shareholders as of May 10, 2021. The dividend is to be paid on June 10, 2021. Arvind Krishna, IBM chairman, and the chief exec...
Apr 29, 2021
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IBM Reports Encouraging Q1 Revenue Growth & Beat!
International Business Machines Corporation (IBM) reports Q1 revenue growth after four quarters of declining figures. The technology giant reported an adjusted EPS of $1.77 per share versus $1.63 per share as expected by analysts. Revenue of $17.73 billion was recorded, a little ahead of market esti...
Apr 23, 2021
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IBM Is Naming Its Independent Managed Infrastructure Services Business “Kyndryl”
Reportedly, International Business Machines Corp (IBM) managed infrastructure services business will be called "Kyndryl" and will be headquartered in New York after a planned spinoff later this year. "Kyndryl evokes the spirit of true partnership and growth," stated Martin Schroeter, Chief Execut...
Apr 14, 2021
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Moderna & IBM Work Together To Support Smarter Real-Time COVID-19 Vaccine Adoption & Management
Reportedly, Vaccine maker Moderna Inc. (MRNA) and International Business Machines Corporation (IBM) join hands to work together on technologies including artificial intelligence, blockchain, and hybrid cloud to track COVID-19 vaccine administration. The aim is to identify ways technology can be used...
Mar 08, 2021
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Delta Airlines Enters Multi-Year Cloud Related Agreement With IBM
Reportedly, International Business Machines Corporation (IBM) and Delta Air Lines have entered a multi-year agreement under which IBM will assist Delta towards the public cloud, in order to increase its flexibility, innovation capabilities targeting digital transformation, and speed to market. IBM ...
Feb 23, 2021
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Astronauts At The International Space Station Proceed With Testing Boeing’s Virus-fighting Surface Coating
As per reports, astronauts at the International Space Station (ISS) are conducting series of experiments with an antimicrobial surface coating designed by the joint research project including Boeing (BA) and the University of Queensland to fight the spread of viruses and bacteria, including the Eart...
Feb 18, 2021
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bp Collaborates With IBM Quantum Network Encouraging Use Of Quantum Computing In Energy
As per reports, bp has joined the IBM Quantum Network (IBM) to enhance the use of quantum computing in the energy industry. As an industry partner, bp will have access to IBM's quantum expertise, software, and cloud-based access to the largest universal quantum system available with a premium 65-qub...
Feb 18, 2021
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North America’s Leading Online Grocery Platform, Instacart Acquires 250 Patents From IBM
Reportedly, Instacart, the leading online grocery platform in North America, has acquired over 250 patents from International Business Machines Corporation (IBM). Both IBM and Instacart have entered into a mutual patent cross-license. The deal allows Instacart to strengthen its own patent portfolio,...
Feb 14, 2021
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IBM Reports Declining Q4 Revenue, Shares Slide After The Release
International Business Machines Corporation (IBM) reported declining Q4 2020 revenue falling short of analyst’s estimates. The company reported earnings of $2.07 per share, versus $1.79 per share as expected by analysts. Revenue of $20.37 billion was reported versus $20.67 billion estimated by an...
Jan 24, 2021
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IBM To Acquire Taos – A Top Cloud Professional Service Provider
As per reports, International Business Machines Corporation (IBM) to enter an agreement to acquire one of the largest multi-cloud consulting and managed services firms in North America, Taos. The deal progresses IBM's cloud migration and transformation capabilities, deepening the company’s commi...
Jan 25, 2021
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Banco Santander Signs ~$700M 5-Yr Global Tech Deal With IBM
As per reports, International Business Machines Corporation (IBM) has entered a five-year global technology agreement with Banco Santander valued at approximately $700M to accelerate Santander Group's growth and deepen its business transformation. The agreement is expected to enable Santander Group...
Jan 04, 2021
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