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IBM's Rometty Stakes Legacy on Risky $33-Billion Red Hat Deal

Gerrit De Vynck, Dina Bass, Bloomberg | Wednesday October 31, 2018

The $33-billion acquisition is designed to save the century-old company from irrelevancy in a business led by younger tech giants like Amazon.

From Streaming TV to Gmail, It's All About the Cloud

Agence France-Presse | Tuesday October 30, 2018

Whether you're watching your favourite show on Netflix or backing up all-important cat photos to Google Drive, the "cloud" has become an essential part of our digital lives.

IBM's $34-Billion Red Hat Deal Is a Risky Bid to Boost Cloud Business

Associated Press | Tuesday October 30, 2018

The path for revitalisation for IBM may be found in cloud technology, a driving force behind the blockbuster deal for Red Hat over the weekend.

IBM To Buy Red Hat For $34 Billion In Its Biggest-Ever Acquisition

Business | Indo-Asian News Service | Monday October 29, 2018

The acquisition, IBM's biggest so far, will provide open approach to cloud, featuring unprecedented security and portability across multiple clouds, a joint statement said late on Sunday.

IBM to Buy Red Hat for $34 Billion, Its Biggest Acquisition to Date

Reuters | Monday October 29, 2018

The acquisition underscores IBM Chief Executive Ginni Rometty's efforts to expand the company's subscription-based software offerings.

IBM Revenue Misses as Server, Software Sales Slow

Reuters | Wednesday October 17, 2018

Sales growth of z14 mainframe servers, introduced about a year ago, have slowed as customers await the launch of new machines before they upgrade.

IBM Challenges Pentagon's $10 Billion Cloud-Computing Effort Days Before Bids Are Due

Aaron Gregg, The Washington Post | Thursday October 11, 2018

IBM is challenging the Defense Department's decision to turn to a single provider for its $10 billion department-wide cloud-computing infrastructure, a company executive said Wednesday.

Groupon to Pay IBM $57 Million to Settle US Patent Dispute

Reuters | Wednesday October 3, 2018

IBM's lawsuit, filed in US court in Delaware in 2016, alleged Groupon used IBM's patented e-commerce technology without authorisation.

Microsoft, Google, Others Dial Up the Competition to Counter Dominant Amazon

Reuters | Thursday September 27, 2018

Amazon's rival are trying to wrest customers away from it with free or deeply discounted prices and easier migration of data.

IBM Looks To Partner With Government Bodies, Banks For Agri Solutions

India News | Press Trust of India | Tuesday September 25, 2018

Global tech major IBM is looking to partner with government bodies and financial institutions in the country to deepen reach of its artificial intelligence (AI) platform for the farm sector

IBM Is Being Sued For Age Discrimination After Firing Thousands

Business | Gerrit De Vynck, The Washington Post | Tuesday September 18, 2018

Shannon Liss-Riordan on Monday filed a class-action lawsuit in federal court in Manhattan on behalf of three former IBM employees who say the tech giant discriminated against them based on their age when it fired them.

IIT Bombay, IBM Team Up To Accelerate AI Research In India

Education | Edited by Shihabudeen Kunju S | Wednesday September 12, 2018

Indian Institute of Technology (IIT) Bombay and IBM today announced that the university will join the AI Horizons Network as part of a multi-year collaboration to advance Artificial Intelligence (AI) research.

Zomato Acquires Bengaluru Startup TongueStun to Tap Into the Corporate Cafeteria Sector

Tasneem Akolawala | Wednesday September 5, 2018

TongueStun has a large pool of clientele, including IBM, Accenture, Ernst & Young, Sony, Genpact, 3M, Mindtree and Deloitte.

Micron's $3-Billion Investment Could Turn Small US Town Into Key Supplier for Self-Driving Components

Aaron Gregg, The Washington Post | Saturday September 1, 2018

The expansion is expected to create 1,100 technician and engineering positions in the area by 2020, according to company estimates.

IBM Wins $83 Million in Groupon E-Commerce Patent Fight

Christopher Yasiejko, Bloomberg | Tuesday July 31, 2018

IBM sued Groupon for $167 million, accusing it of building its online coupon business on the back of the IBM e-commerce inventions without permission.