IBM revenue misses on weakness in legacy infrastructure unit
IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down in extended trading.
IBM's Jim Whitehurst out as president
IBM announced Friday that Jim Whitehurst is no longer president of the company after 14 months at the helm, but will stay on as a senior advisor to the executive leadership team.
With Cloud and AI, IBM broadens 5G deals with Verizon and Telefonica
IBM will offer telecom operators Verizon and Telefonica new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.