IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.
International Business Machines (IBM) shares have lost more than 6% this week after Anthropic launched new plugins for Claude Cowork, signaling it’s now moving into the application layer. The downward ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...
For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...
Large consumer products company: "IBM WebSphere Cast Iron cloud not only met our needs for a standards-based, cost-effective and centrally managed messaging and application integration; it also ...
An IBM z16 server. The computers use artificial intelligence chip technology developed at NY Create’s Albany NanoTech complex on Fuller Road. Across the street at the University at Albany, IBM is ...
IBM urged customers to patch a critical authentication bypass vulnerability in its API Connect enterprise platform that could allow attackers to access apps remotely. API Connect is an application ...
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide ...
IBM disclosed details on its Nighthawk and Loon quantum processors. The company expects quantum advantage next year and fault-tolerance by 2029. IBM also demonstrated ...
The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...