1. Home
  2. ibm

Tag: ibm

IBM to split into two companies by the end of 2021

IBM to split into two companies by the end of 2021

IBM announced this morning that the company would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services. During an investor call, CEO Arvind Krishna…

Read More
IBM will no longer offer, develop, or research facial recognition technology

IBM will no longer offer, develop, or research facial recognition technology

IBM will no longer offer general purpose facial recognition or analysis software, IBM CEO Arvind Krishna said in a letter to Congress today. The company will also no longer develop or research the technology, IBM tells The…

Read More
Bank of America, Daimler, and Apple partnering with IBM for confidential computing services 

Bank of America, Daimler, and Apple partnering with IBM for confidential computing services 

As the number of cloud security-related breaches continue to skyrocket and more high-profile organizations higher each year, more and more companies have turned to confidential computing services to keep their data safe while it’s being used. For two years,…

Read More
Stocks making the biggest moves after hours: IBM, JM Smucker, United Airlines and more

Stocks making the biggest moves after hours: IBM, JM Smucker, United Airlines and more

Check out the companies making headlines after the bell. IBM — The technology company’s stock fell 3% in extended trading after IBM reported first-quarter financial results. The company reported revenue of $17.57 billion while analysts polled by Refinitiv…

Read More