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IBM mounted an impressive comeback under Krishna, but it's still growing at a much slower clip than Microsoft. From 2023 to 2026, analysts expect Big Blue's revenue and EPS to grow at a CAGR of 4% ...
Research has been part of IBM since its founding, and its organized efforts trace their roots back to 1945, when the Watson Scientific Computing Laboratory was founded at Columbia University in New York City, converting a renovated fraternity house on Manhattan's West Side into IBM's first laboratory. Now, IBM Research constitutes the largest ...
International Business Machines Corp (NYSE:IBM) is laying off 1,000 employees as it shutters a fundamental research division in China. The company is shuttering two business lines specializing in ...
Since the start of the year, IBM shares have climbed more than 25%, outpacing the Nasdaq 100's 20% jump. Seana Smith is an anchor at Yahoo Finance. Follow Smith on Twitter @SeanaNSmith .
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
By Blake Brittain (Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer ...
Last week, DeepSeek challenged conventional wisdom in AI. Until now, many assumed that training cutting-edge models required over $1 billion and thousands of the latest chips.
International Business Machines Corporation (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.