IBM Financial News
20.07 / 02:33
COST
Software
Accenture
IBM
IBM misses second-quarter revenue estimates as tech spending cools
IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses cut tech spending. IT companies have warned of more pain as businesses striving to cut costs in the face of rising inflation snip tech budgets, hurting the industry that saw rapid growth during the COVID-19 pandemic when businesses rushed to adopt hybrid work. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years.
19.07 / 22:39
16.07 / 07:43
Provident
Waters
Software
COMPOSITE
ICE
IBM
Explainer
Mint explainer: AI's role in powering space missions like Chandrayaan-3
NEW DELHI : Indians were over the Moon with the launch of Chandrayaan-3 by the Indian Space Research Organisation (ISRO) on Friday. Since Chandrayaan-2 failed about four years ago, scientists are hopeful that this third lunar mission's lander Vikram and rover Pragyaan will descend softly and safely on the Moon on 23 August.
13.07 / 13:01
UPS
Action
Fighting
IBM
fall
US applications for jobless benefits fall again as labor market continues to defy the Fed actions
The number of Americans applying for jobless benefits fell again last week as the labor market continues defy the Federal Reserve’s attempt to cool it by raising interest rates
13.07 / 12:07
Progressive
SEC
IBM
hearing
House kicks off ‘ESG month’ with heated hearing
Republicans and Democrats took shots at each other in a heated hearing on ESG Wednesday, with both sides accusing the other of being anti-capitalist on the topic of investing.
12.07 / 12:37
Citi
Provident
Pool
Accenture
IBM
SAYA Group to invest Rs 100 cr to develop studio apartments in Greater Noida West
The SAYA Group, NCR’s leading real estate developer, has introduced ‘Biztop’ Business Suites, featuring fully-furnished studio apartments at its project SAYA South X, Greater Noida West’s prominent commercial destination. Built from 7th to 25th floor with sleek design with modern amenities, the development is set to be carried out with an investment of approximately Rs 100 crore.
10.07 / 10:39
Ethereum
Provident
Digital
Career
IBM
Wimbledon and Andy Murray Enter the NFT Space with Artwork by Refik Anadol
Famous British tennis player Andy Murray, tennis tournament giant Wimbledon, and digital artist Refik Anadol have joined hands to launch an official Wimbledon non-fungible token (NFT) on Ethereum (ETH).
07.07 / 17:07
UPS
ADP
IBM
NOT
More Americans apply for jobless benefits, but layoffs are not rising significantly
The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve’s attempt to cool the labor market by raising interest rates
22.06 / 11:13
business
Technology
Adoption
IBM
Commentary
Wimbledon 2023 to feature AI-generated highlights commentary
In an effort to enhance fan engagement, this year's Wimbledon tennis tournament will incorporate artificial intelligence (AI)-powered commentary and player analysis, enabling fans to connect with the championship on a more profound level.
16.05 / 19:47
defi
regulation
Microsoft
us government
IBM
Sam
hearing
ai safety
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus.
08.05 / 13:21
business
Adoption
Accenture
Insurance
World Economic Forum
IBM
AI is coming for your job: What industries will be affected?
Artificial Intelligence (AI) has been growing at an unprecedented rate in recent years and is being integrated into a range of industries. But its rapid growth has sparked concern over job losses, as many tasks previously performed by humans could soon be automated by AI.
05.05 / 21:19
business
Blockchain
coinbase
inflation
IBM
Bitcoin
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager about possible hyperinflation in the American economy.
02.05 / 05:23
business
Adoption
Report
Predictions
Job
IBM
7,800 jobs at IBM could be replaced by AI within years, suggests CEO
International Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office" roles that could be potentially automated by artificial intelligence (AI) instead.
20.04 / 18:07
20.04 / 13:15
19.04 / 21:45
19.03 / 16:41
Blockchain
COST
Provident
Lowe's
Digital
Platform
IBM
ATH
Stellar (XLM) Price Prediction 2025-2030: Can XLM cross its ATH?
Stellar Lumens (XLM) fell by 11% since the collapse of the Silicon Valley Bank (SVB). But it has since been resisting the bearish market trend.
12.03 / 16:53
Blockchain
COST
Provident
Lowe's
Digital
Platform
IBM
Stellar (XLM) Price Prediction 2025-2030: XLM’s downtrend will come to a halt only if…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
25.02 / 12:05
Blockchain
COST
Provident
Lowe's
Digital
Platform
IBM
Stellar (XLM) Price Prediction 2025-30: XLM on par for $0.010?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
18.02 / 15:19
Blockchain
COST
Provident
Lowe's
Digital
Platform
IBM
Stellar (XLM) Price Prediction 2025-30: XLM continues coursing sideways
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
04.02 / 03:19
Blockchain
Technology
Developers
Tech
IBM
Innovators
The IBM–Maersk blockchain effort was doomed to fail from the start
Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment, more and more “successful” companies add their underperforming blockchain project to the graveyard. One of the most recent blockchain failure victims was Moller-Maersk, which recently announced the termination of its highly publicized TradeLens offering — a global trade platform built on IBM blockchain technology.
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