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IBM results are in and up – is Big Blue Back?
IBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations. Read more…
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IBM takes a smart but substantial risk with Red Hat play
IBM can finally lay a claim to the cloud with its Red Hat acquisition, but it’s a financially risky play. The acquisition needs to go well because the $34 billion that IBM is paying in Read more…
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IBM buys Red Hat for $34b in diversification play
(Reuters) – IBM said on Sunday it had agreed to acquire US software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin Read more…
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AT&T is now in the enterprise blockchain services business
AT&T announced it has created a suite of blockchain solutions for its enterprise customers designed to work with technology from IBM and Microsoft. The telco says enterprises can use the solutions as they automate and Read more…
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IBM intros cloud service and toolkits to detect AI bias
IBM has introduced a new software service that it says gives businesses new transparency into AI by automatically detecting bias and explaining how AI makes decisions as those decisions are being made. The ‘Trust and Read more…
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IBM, CLS and nine banks test blockchain-based apps platform
NEW YORK (Reuters) – Foreign exchange settlement provider CLS, IBM and nine financial institutions, including Barclays and Citigroup, are testing a platform to access blockchain-based applications, the companies said on Monday. The platform, LedgerConnect, will Read more…
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IBM backs pegged digital coin to stabilize cryptocurrency sector
NEW YORK (Reuters) – IBM is backing a new cryptocurrency pegged to the US dollar, in a partnership with US-based financial services provider Stronghold that adds stability to a sector known for its volatility, the Read more…
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Mediaocean and IBM iX form blockchain consortium for digital ads
Advertising software provider Mediaocean and IBM iX announced the launch of a blockchain consortium for the digital media supply chain. Bringing together big-name advertisers, agencies and publishers, including Kellogg, Kimberly-Clark, Pfizer, Unilever and IBM Watson Read more…
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IBM backs effort to tap cloud, big data, AI and blockchain for disaster relief
IBM and partners have launched the Call for Code Global Initiative, an effort to spur start-up, academic and enterprise developers to tap cloud, big data, AI and blockchain technologies to help societies prevent, respond to Read more…
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IBM and jewelry firms set up blockchain to track gold and diamonds
NEW YORK (Reuters) – Gold and diamond companies including Berkshire Hathaway’s Richline Group joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Read more…