IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...
The software segment is IBM's biggest source of revenue and profits. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and ...
IBM stock price today: Shares of International Business Machines Co dipped more than 6% in after-hours trading on Wednesday as investors reacted to modest growth in the company’s software division ...
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 ...
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 revenue and adjusted earnings per share were higher than expected. The company is slightly more positive on full-year free cash flow. IBM said it's seeing more business tied to generative ...
IBM on Tuesday told employees in a roughly seven-minute meeting that it's cutting jobs in its marketing and communications division. IBM Chief Communications Officer Jonathan Adashek led the meeting, ...
IBM's thousands of Austin employees will be moving to a new campus location in The Domain. The tech giant said it has signed a lease for about 320,000-square feet in a 500,000-square-foot development ...
IBM Chief Executive Officer Arvind Krishna has revealed plans to pause hiring for about 7,800 positions that could be replaced by artificial intelligence systems over time, according to a Bloomberg ...