IBM surpassed consensus on the top and bottom lines, with 9% revenue growth. The company reiterated full-year guidance. The hardware, software and infrastructure provider bought data streaming ...

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IBM entered into a $17 million settlement agreement on Friday with the U.S. Department of Justice over allegations that it engaged in “illegal DEI practices” by taking into account “race, color, ...

IBM has agreed to pay $17 million to the Department of Justice to settle claims its diversity, equity and inclusion programs were discriminatory and unlawful. It’s the first resolution reached under ...

IBM has agreed to settle the US Department of Justice's accusations that the company violated civil rights laws with its DEI practices. According to a press release from the DOJ, IBM will pay more ...

International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...

Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...

IBM has been a powerhouse in the business equipment industry for decades. It has a long track record of success, even in difficult times. So, when the news broke that Anthropic may be able to disrupt ...