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IBM announces layoffs amid tech slowdown, to cut global workforce by 3,900

In its forecast, IBM said free cash flow in fiscal 2023 is expected to be $10.5 billion while revenue will increase in the mid-single digits

Can help Indian govt replicate digital public goods in other EMs: IBM CEO

"A company like ours can help the Indian government in replicating its digital public goods in other emerging economies"

Samsung replaces IBM to gain top spot in 2022 US patent league table

Samsung has replaced the International Business Machines Corporation (IBM) from its top spot in the number of patents registered in the US in 2022, which has been on the top for almost 29 years

India poised to become AI innovation garage of the world: Sandip Patel

Over the past two years, AI has helped businesses ease the strain of workforce dislocation, supply chain challenges, IT incidents and customer service interruptions, etc

Infosys BPM opens AI, automation unit in Poland for global clients

Centre will offer solutions for lowering costs, productivity, and customer experience: Company

Moonlighting is a conflict of interest, says IBM to its employees

IBM has asked its employees to refrain from engaging in a second job or gig in any capacity and has declared it as against the company contract

Wall Street gains as upbeat corporate forecasts boost sentiment

IBM up as it sees higher full-year sales; Dow Inc jumps after beating Q3 estimates; Tesla expects to miss vehicle delivery target this year; AT&T raises annual profit forecast, Verizon gains

IBM Consulting opens its eleventh client innovation center in India

The company has around 4,000 clients including government and corporate entities in critical infrastructure areas such as financial services, telecommunications, and healthcare

Asha Ramanathan, new COO; Gayathri Parthasarthy, new FSS lead at PwC India

Asha is a qualified chartered accountant (CA), and Parthasarthy is a Financial Services industry veteran

IBM announces $20 billion investment in New York for high-tech projects

Arvind Krishna, CEO of International Business Machines announced a $20 billion investment in quantum computing, semiconductor manufacturing and other high-tech areas in its New York state facilities

Biden to mark $20-bn IBM investment with Democrats in tough races

President Joe Biden is ready to celebrate a new USD 20 billion investment by IBM in New York's Hudson River Valley with two House Democrats running in competitive races in next month's critical mid-term elections. Biden is taking part in a Thursday afternoon announcement at the IBM facility in Poughkeepsie, New York. He is expected to hold out the company's plans as part of what the White House says is a manufacturing boom spurred by this summer's passage of a USD 280 billion legislative package intended to boost the US semiconductor industry and scientific research. Democrats facing tough mid-terms races have largely avoided appearing with Biden in the leadup to November's elections. But Biden, whose approval ratings remain underwater, will be joined by two House incumbents in competitive New York races who are bucking the trend: Reps. Sean Patrick Maloney and Pat Ryan. When I heard @POTUS was looking to see the benefits of the CHIPS & Science Act first-hand, I told him that the

Kerala CM Pinarayi Vijayan inaugurates new software lab of IBM in Kochi

Kerala Chief minister Pinarayi Vijayan on Friday inaugurated the new software lab of IBM, a state-of-the-art global innovation centre, at Brigade World Trade Centre inside the Infopark here. The centre will focus on product engineering, design, and development of new products and solutions in the areas of data and AI and automation and collaborate with the technology eco-system in the region to co-create solutions for the global industry. Vijayan said the investment made by the IBM shows that Kerala's IT hub have the greenest IT spaces and a talent pool of IT professionals. "IBM's choice to establish its software lab at Infopark- Kochi is truly something to celebrate. This investment shows once more that Kerala's IT hubs have the greenest IT spaces, a talent pool of IT professionals, a Centre of Excellence in emerging technologies, and the economic momentum to continue to move the state forward as the country's next digital hub," Vijayan said. The chief minister also said his ...

AI has moved from experiment to adoption: IBM Research AI's Sriram Raghavan

Raghavan talks about how AI is evolving, its use by governments as well as bad elements, and the significance of IBM Labs India

Intentional about expanding beyond metro cities, says IBM India

'In India, we have had a multi-city approach where we wish to be closer to where our clients are. Software Labs, System Labs and Research Labs are all in different locations'

Moonlighting not ethical: IBM India's Patel joins IT industry debate

Wipro's leader Rishad Premji and Infosys have warned against practice before

IBM India joins IT industry's chorus on moonlighting; calls it unethical

Moonlighting, the practice of taking up secondary jobs after the regular work hours, has been highlighted by many tech companies of late

IIT Madras Indian academic institute to join IBM's Quantum Network

Engineering college will get access to the company's advanced quantum computing systems and expertise

Cost for data breaches averaged Rs 17.6 cr in 2022, highest ever: IBM study

Industrial companies paid most for cyberattacks as 'threat magnitude' grows

Kerala: IBM launches automation innovation centre to meet business demands

To be in line with the business demands in India, the International Business Machines (IBM) on Monday launched Automation Innovation Centre at Brigade World Trade Centre Info Park in Kerala's Kakkanad

IBM begins closing business, laying off staff in Russia: CEO Arvind Krishna

IBM has started an "orderly wind-down" of its business and laying off the workforce in Russia with its CEO Arvind Krishna saying the IT giant will continue to stand by its employees in the country.