Tag: IBM

December 18, 2023 BY Nick Ranga

IBM to acquire two data platforms from Software AG for $2.3bn

The transaction is contingent on customary closing conditions and regulatory approvals, with completion expected in Q2 2024. This strategic move aligns with IBM's ongoing efforts to enhance its technological capabilities and expand its footprint in the enterprise software domain. Rob Thomas, Senior Vice President, Software and Chief Commercial Officer, IBM, noted: Together with IBM's Watsonx.ai and…

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forex and crypto market analysis
July 15, 2020 BY Valentina Kirilova

Daily Market News: Vaccine hopes spur markets on

Ocado UK sales grow 27% on back of pandemic The FTSE 100 was close to flat yesterday, while the FTSE 250 sank back 1.2% with its year-to-date loss now well past 20% again. In earnings news, online grocer Ocado reported earnings for the six months ended May 31. The firm delivered a pretax loss of…

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May 22, 2020 BY Steffy Bogdanova

IBM announces unknown number of job cuts

Last month IBM withdrew its financial forecast as software sales were affected negatively by the coronavirus pandemic. CFO James Kavanaugh talked about making structural changes in the company to improve the competitiveness of the company. Earlier in May, CEO Arvind Krishna stated that IBM would cut even 5% of the dividend. Krishna said: I believe…

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ibm
August 05, 2019 BY Mariela Naydenova

IBM and Chainyard launch a new blockchain supply chain platform

Chainyard and IBM have partnered to create a new blockchain system for supply chain management with the purpose of improving onboarding, supplier validation, and life cycle information management. The information comes from a official news report by IBM. The name of the blockchain network is Trust Your Supplier. The entire system is primarily focused on helping…

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Exclusive: Bittrex and Bitsdaq launch new crypto exchange, interview with CEO and Chairman Ricky Ng
June 03, 2019 BY Mariela Naydenova

Decentralized crypto exchanges are popular, but they may not be the future

The early visions of cryptocurrencies and blockchain technology attracted a supportive throng of libertarians and religious zealots, who envisioned a perfect world of peer-to-peer exchanges of value over totally private and decentralized crypto exchanges, or “DEX’s”, the term preferred in the digital world. Such exchanges would allow for an infrastructure free from government control and…

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March 20, 2019 BY Mariela Naydenova

IBM and Stellar - new partnership going all the way

IBM (NYSE:IBM) is going full force into blockchain and the new type of banking - one supported by cryptocurrencies. The tech giant is now onboarding six banks to issue stablecoins backed by fiat currency, all delivered through World Wire, which is an IBM payment platform that is built on the Stellar blockchain technology. These six…

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