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IBM Corp News

25 Mar 2016

Accenture raises revenue forecast after strong second quarter

Shares of the company, whose competitors include IBM Corp and India's Infosys Ltd and Tata Consultancy Services, were up 2.1 percent in premarket trading.

20 Oct 2014

IBM to pay Globalfoundries to take chip unit

IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday.

29 Sep 2014

Lenovo $2.1 bn IBM x86 server deal to close Wednesday

The closing purchase price is lower than the $2.3 billion valuation announced in January.

International Business Machines

08 Aug 2014

IBM unveils ''brain-like'' chip that can interpret complex data

Unlike most chips, which operate on pre written paths, IBM`s version processes data in realtime and is capable of dealing with ambiguity, the company said. It runs on the energy equivalent of a hearing aid.

24 Jul 2014

Facebook shares hit record high as market likes earnings

Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world`s No. 1 social network trounce analysts` expectations for quarterly profit and revenue.

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