This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
Asking staff to volunteer for layoffs is a way for IBM to reduce staff as part of its restructuring move, particularly in improving client demands.
Berkshire Hathaway made a significant investment in the energy firm Kinder Morgan during the final three-month period of 2015. This investment activity highlights Berkshire's increasing bet on the oil sector.
IBM has announced Thursday purchasing live video streaming platform, UStream. Details of the acquiring deal haven’t been disclosed, but the price believed to peg a price not more than $150 million in cash. IBM has furnished a press release in its website, which ends leaving probability for changing its narrated goals on forming cloud video unit.
IoT To Connect 34 Billion Devices By 2020, Cyber Security To Cost $6 Trillion During The Same Period
Internet of Things (IoT) has appeared as an exciting new technological chapter. Inclusion of more devices to the network poses huge risks of cyber attacking. Raising awareness among the device users has become a prime concern while combating with cyber threats. Despite all precautionary efforts, war against cyber hackers will cost around $6 trillion by the next five years.
Tesla Motors Inc CEO Elon Musk and other prominent tech company executives raised $1 billion through an initiative called Open A.I. to fund an artificial intelligence research company.
With the advance of online shopping stealing the market, the retailers who own shops are finding it difficult to maintain their sales. But with a launch of new retailers app, Macy's app, the customers will be enabled to do more convenient shopping.
Warren Buffet's Berkshire Hathaway more than doubled its profit in the third quarter mainly due to a $4.4 billion gain from the merger between H.J. Heinz Co and Kraft Group Inc.
Lenovo recently announced its strategic partnership with Nutanix, an enterprise virtualization company. Their partnership will develop a hyperconverged applicances for agile and scalable cloud computing. It will be a great benefit for Lenovo who just purchased IBM Intel server division last year.
More and more United States giant tech companies are partnering with Chinese firms that are connected with the Asian country's military, leading to fears that it may improve Chinese military technological capabilities and could even harm US national security.
IBM has just released news that the IT company is currently under investigation by the Securities and Exchange Commission on its accounting procedures in the US, Ireland, and Britain.
International Business Machines Corp (IBM) has announced more than projected fall in revenues as the stronger US currency put pressure on demand from China and other emerging economies. As a result, IBM has lowered its profit forecast for the full year. The revenues were down 13.9 percent to $19.28billion for the quarter ending September as against the forecast of $19.62bn. The latest drop in revenues marks the continuous fall for 14 quarters in a row.
It's no longer unusual if you see working mothers in the office, streets, or restaurants. With the high cost of living, children's education, and bills to pay, couples should help each other to make both ends meet.
IBM is bringing its supercomputer, Watson, to Silicon Valley. The tech giant will open in San Francisco, California an innovation center for Watson, known for defeating human rivals on the TV quiz show, Jeopardy, in 2011.
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