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IBM

L&T Semiconductor Tech collaborates with IBM

L&T Semiconductor Tech collaborates with IBM

Tue, Sep 10, 2024

The alliance anticipates work on innovation, functionality, and performance to enable reliable, secure and scalable computing for a range of applications.

Gujarat government signs MoUs with IBM, Microsoft for enhancing AI capabilities

Gujarat government signs MoUs with IBM, Microsoft for enhancing AI capabilities

Sat, Jun 29, 2024

The MoUs were signed in the presence of Chief Minister Bhupendra Patel, a government release said. IBM and the Department of Science and Technology, Government of Gujarat, entered into an MoU to establish and promote an “AI Cluster”.

McDonald's is ending its test run of AI-powered drive-thrus with IBM

McDonald's is ending its test run of AI-powered drive-thrus with IBM

Wed, Jun 19, 2024

McDonald's confirmed Monday that it decided to end a global partnership with IBM, which has been testing this artificial intelligence technology at select McDonald's drive-thrus since 2021.

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Lloyds looks to move 1,900 staff to IBM to cut costs

Lloyds looks to move 1,900 staff to IBM to cut costs

Mon, Mar 13, 2017

Chief Executive Officer Antonio Horta-Osório is looking to shed thousands of jobs to streamline the business, support dividend payments and boost the share price as the government prepares to sell down its remaining stake in the bank this year.

CBI case a 'shock'; will hit Air India hard, says Lohani

CBI case a 'shock'; will hit Air India hard, says Lohani

Sat, Jan 14, 2017

Ashwani Lohani said, "Air India that has been a victim of gross indecision in recent years and only lately had started to come out of its slumber will also take a hit, I am absolutely certain, as an outcome of the unfortunate turn that this case has now taken."

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

Former TCS chairman Kohli denies Mistry's IBM claims

Former TCS chairman Kohli denies Mistry's IBM claims

Wed, Nov 23, 2016

He said, "I was actively involved in the decision to bring IBM to India. A JV for hardware manufacturing and support in India, Tata IBM, was set up in 1991-92. This JV was undertaken to promote a computer hardware industry in India which was non-existent at that time."

IBM Q3 revenue falls, but tops forecasts on cloud, analytics growth

IBM Q3 revenue falls, but tops forecasts on cloud, analytics growth

Tue, Oct 18, 2016

International Business Machines Corporation (IBM) posted better-than-expected third-quarter (Q3) revenue on Tuesday, helped by growth in the company's cloud and analytics businesses.

Why artificial intelligence startups are most sought-after in last 4 years

Why artificial intelligence startups are most sought-after in last 4 years

Thu, Jun 30, 2016

There have been over 20 acquisitions of AI startups in 2016 itself. The most recent being Twitter's acquisition of visual-processing startup Magic Pony Technology.

Warren Buffett buys stake in Apple

Warren Buffett buys stake in Apple

Mon, May 16, 2016

Berkshire is also backing a takeover bid for the core assets of struggling Internet company Yahoo.

IBM reports worst quarterly revenue in 14 years as businesses fail to halt decline

IBM reports worst quarterly revenue in 14 years as businesses fail to halt decline

Tue, Apr 19, 2016

IBM's revenues fell 4.6% to approximately Rs 1.24 lakh crore as newer businesses including cloud and mobile computing failed to offset declines in its traditional business

IBM reports worst revenue in 14 years, shares slide

IBM reports worst revenue in 14 years, shares slide

Tue, Apr 19, 2016

Excluding items, IBM earned $2.35 per share, beating the average analyst estimate of $2.09.

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