International Business Machines Corp. reported its earnings for the quarter on Monday. The technology giant reported lower profits than expected in the initial quarter after it faced another plunge in revenues. The reason for the fall this time is attributed to the strong US dollar.
John Akers, the former Chairman of International Business Machines Corp. (IBM) died of a stroke on Friday at the age of 79. ld.
IBM or International Business Machines Corp. has cleared a review by U. S. national-security for the sales deal of its server business to Lenovo Group Ltd. of China. It can now permit the low-end server business transaction of $2.3 billion move ahead even when there is mounting tension between the two countries.
IBM has settled to obtain Aspera, which specialises large file transfer technology.
IBM is bolstering its big data and cloud computing capabilities by acquiring technology that makes it easier for customer to move large data files to the cloud with this move. Financial terms of the deal have not been disclosed yet.
Watson revealed that a new mode to treat cancer is the IBM supercomputer and is best known for its 2011 winning streak on the TV game show Jeopardy!
An inquiry headed by former Supreme Court judge Richard Chesterman, QC, is scrutinizing the contract given to IBM for Queensland Health payroll in 2007.
A former IBM employee, Terry Burns, said he never tried to express preference for IBM to win the contract though any unfair means.
Watson is about to start its cancer fight as IBM has decided to use the Watson supercomputer to work against the disease. It is the first such commercial program that has been designed to use "big data" and help patients with the disease.
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