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Tag Archives: IBM

IBM, Morgan Stanley, Honeywell, Netflix and more

Look at the companies that made headlines before the bell: Morgan Stanley – Morgan Stanley made a profit of $ 1.27 per share in the third quarter, beating estimates by 16 cents a share. Sales also exceeded analyst forecasts. Chairman and CEO James Gorman said the quarter was strong despite a typical summer slowdown and volatile markets. Honeywell – Honeywell …

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IBM share slips off after sales Street View misses

International Business Machines Inc. shares retreated to extended session on Wednesday after the technology giant reported lower sales than expected by Wall Street. However, the company announced that it will see sustained sales growth in 2020 after more than a year of decline. IBM IBM, -0.62% shares fell 5.1% after hours after a decline of 0.6% to $ 142.11 in …

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IBM reportedly fired up to 100,000 people because it wanted to be "cool" and "trendy" like Amazon or Google

IBM CEO Ginni Rometty. (Getty) IBM has reportedly sacked up to 100,000 people in recent years for wanting to be "cool" and "trendy," like Amazon and Google, Bloomberg reported Wednesday. IBM was hit by several age groups Discrimination lawsuits filed by former employees. Following the allegation, the company said IBM was "re-invented to provide greater value to our customers." IBM …

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Apollo 11: How IBM Computer Whizzes Rescued the Mission

But as the Apollo 11 mission approached the moment of truth and began its descent to the lunar surface, a crisis erupted. "An acoustic alarm was triggered in the spaceship," recalls Ahr. "It was very messy, it started in your ears." Ahr heard the sirens on his headset for the first time. Soon, alarms and flashing lights went out at …

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IBM Revenue Lags as a cloud pivot remains a challenge

IBM -0.32% International Business Machines Corp. Revenues declined for the fourth quarter in a row as the company struggled to shift its business to the modern computer age, even though Big Blue's profit grew faster than Wall Street predicted. Revenues decreased 4.2% year-on-year to $ 19.16 billion. Earnings increased 3.9% to $ 2.5 billion as the company worked to reduce …

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IBM patented a smartwatch that turns into a phone and a tablet

The patent shows a rectangular shaped smartwatch that has a thicker housing than usual under the display. This is because the case contains a compartment with seven additional panels. Users could expand the display on the clock from one field to two fields, four fields, or eight fields. Each panel measures 3 inches by 2 inches; When the device is …

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ANZ, CBA, Westpac, Scentre and IBM form a bank guarantee bankchain

Three of the largest Australian banks, ANZ, Commonwealth Bank of Australia (CBA) and Westpac, have teamed with Westfield shopping center operator Scentre and IBM to set up a blockchain-based platform for bank guarantees and how companies are getting and maintaining bank guarantees. " Bank guarantees, which are often required under a retail rental agreement, are usually issued manually on paper. …

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Report: IBM plans to fire more than 1,000 employees

If recent reports are correct, IBM has a slight cleanup. According to CNBC, the technology giant dismisses about half a percent of its staff. Based on the last proxy statement, which employs more than 340,000 people, the cuts would affect around 1,700 employees. WRAL TechWire contacted IBM this morning to seek confirmation. 19659004] Meanwhile, a company spokesman was quoted as …

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IBM layoffs affect more than 1,000 employees

Ginni Rometty, President and CEO of IBM, speaks at the @ Work event on April 2, 2019 in New York City. Cindy Ord | CNBC IBM confirmed on Thursday that a small percentage of its employees will be dismissed and confirmed reports that had appeared the previous day on TheLayoff, an online message board. A person familiar with the matter …

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