• Sat. Oct 24th, 2020

Dimancherouge

Technology

cloud

  • Home
  • IBM Bets Big on $1T Hybrid Cloud Market With Business Spin-off

IBM Bets Big on $1T Hybrid Cloud Market With Business Spin-off

There have been major developments this year amid the coronavirus crisis in the technology sector, from NVIDIA acquiring ARM Holdings, Oracle and Walmart’s stake in TikTok, and Microsoft’s Bethesda acquisition…

IBM Spinning Off Infrastructure Managed Services Group To Focus On Cloud Is A Good Move

FILE – In this March 18, 2019, file photo, the logo for IBM appears above a trading post on the … [+] floor of the New York Stock Exchange. IBM…

IBM Offloads Legacy Business to Focus on $1 Trillion Cloud Industry

Embattled tech relic IBM (NYSE:IBM) has made many attempts to right its flagging business over the years, thus far to no avail. However, in spring 2020, CEO Arvind Krishna —…

COVID’s Impact On Cloud Software Stocks

asian businesswoman uses virtual visual screen to work in office getty This is an update to the article “Playing Defense with Cloud Software Stocks” published on May 27th, 2020 Rebound…

Lawsuit alleges Apple blocks cloud gaming apps to stifle Apple Arcade competition

A new class action lawsuit alleges that Apple enjoys monopoly power in the iOS mobile gaming marketplace, and exhibits anticompetitive behavior to keep it that way. The complaint, lodged in…

IBM to Spin Off Legacy IT Business, Pegging Future on Cloud

(Bloomberg) — International Business Machines Corp. is spinning off a slower-growth business that manages corporate computer systems so it can focus on the boom in demand for cloud services and…

IBM to break up 109-year old company to focus on cloud growth

By Munsif Vengattil (Reuters) – International Business Machines Corp <IBM.N> is splitting itself into two public companies, capping a years-long effort by the world’s first big computing firm to diversify…

IBM spins off a quarter of the company to focus on the cloud

IBM is spinning off a significant part of its business to focus on new opportunities in hybrid cloud growth, the company announced on Thursday. © Brian Ach/Getty Images for Wired…

IBM, Seeing Its Future in the Cloud, Breaks Off I.T. Unit

IBM, throughout its 109-year history, hasn’t often led technology trends. But it has adapted and eventually prospered time and again. It is trying to go the adaptation route once again.…

IBM To Focus On Open Hybrid Cloud Platform; To Spin-Off Managed Infrastructure Services Unit

(RTTNews) – IBM (IBM) announced the company will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company. Going forward, IBM will focus…