Leidos has won a potential six-year, $454.9 million task order for systems architecture and common shared services as part of the Air Force’s main program for implementing cloud computing services ...

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 ...

Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand ...

Dec 7 : IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to ...

Dec 7 (Reuters) - IBM (IBM) is in advanced talks to acquire data-infrastructure company Confluent (CFLT) for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting ...

IBM plans to lay off thousands of employees globally in Q4 2025 as it shifts focus to high-margin software and AI services. This strategic realignment, impacting a low single-digit percentage of its ...

The wave of job cuts in the global tech industry shows no sign of slowing down. After Amazon and Meta, tech giant IBM has announced that it will lay off around 2,700 employees — roughly 1% of its ...

The IBM company logo is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau NEW DELHI: The US-based IT and enterprise services company ...

International Business Machines IBM0.21%increase; green up pointing triangle is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in the ...