The mainframe business is thriving. Here's an incredible fact IBM CFO Jim Kavanaugh disclosed during the earnings call: IBM's mainframe business recorded its best fourth quarter revenue in more than ...

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...

IBM has announced their Poughkeepsie IBM Quantum Data Center will house the world's first large-scale, fault-tolerant quantum computer in 2029, dubbed IBM Starling. By 2033, the Poughkeepsie facility ...

IBM CEO Arvind Krishna says the company used AI to replace hundreds of human resources employees. Its AskHR agent now automates 94% of routine HR tasks, including pay statements. IBM employed 270,300 ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

IBM's fastest mainframe computer to date has a Telum II CPU with on-chip AI coprocessor There is also an AI accelerator that it hopes will make it an attractive option The IBM z17 brings Big Blue in ...

IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. An IBM spokesperson confirmed to TechCrunch that the U.S.

IBM’s Finance & Operations teams given an ultimatum Workers told they must move closer or accept a redundancy package Expensive workers will be replaced with new recruits and AI IBM has enforced a ...

IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related. But look for GenAI layoffs in ...

IBM on Tuesday announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten, and GitLab monitor and optimize their Kubernetes clusters with a ...

Nisha Gopalan is the Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong. She ...