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IBM Pays $17 Million To Settle DEI Allegations In DOJ's First False Claims Act Win
Saturday, April 11, 2026 - 2:24am | 802Read More...International Business Machines Corp. (NYSE:IBM) agreed to pay $17.07 million to settle federal allegations of illegal diversity, equity and inclusion (DEI) hiring practices on Friday, marking the Justice Department's first False Claims Act resolution under its Civil Rights Fraud Initiative. IBM...
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AMD's Lisa Su Pays Tribute To Former IBM CEO Lou Gerstner: An 'Amazingly Curious' Leader Who Shaped Her Early Career
Monday, December 29, 2025 - 3:03am | 626Read More...Chipmaker Advanced Micro Devices Inc.’s (NASDAQ:AMD) CEO, Lisa Su, reflected on the influence of former IBM (NYSE:IBM) CEO Lou Gerstner on her early career, after the former tech executive died on Saturday, aged 83. An ‘Amazingly Curious’ Leader On Sunday, in a post on X, Su...
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Anthropic CEO Dario Amodei 'Very Concerned' About 'YOLO' AI Spending Trend, Warns It Could Lead To 'Bad Things'
Thursday, December 4, 2025 - 7:40am | 807Read More...Anthropic CEO Dario Amodei has raised concerns about the excessive spending in the AI industry, warning that it could lead to dire consequences. Amodei Questions ‘Economic Value’ Of AI Spending Amodei, speaking at the New York Times’ DealBook Summit on Wednesday,...
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The $8 Trillion AI Mirage: IBM Says The Math Just Doesn't Work
Tuesday, December 2, 2025 - 4:59pm | 820Read More...Everyone on Wall Street is busy celebrating the AI supercycle — until you try the math. This week, IBM (NYSE:IBM) CEO Arvind Krishna dropped a number so large it could stop the AI party cold. Track IBM stock here. At today's costs, he told Decoder, it takes roughly $80 billion to build and fully...
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Everyone Talked About Nvidia, Apple And Tesla, But This One Tech Stock Has Left Them All Behind In 2025
Friday, July 4, 2025 - 7:44am | 1138Read More...As Nvidia Corp. (NASDAQ:NVDA) turned the most valuable publicly traded company on Thursday, inching closer to a $4 trillion market capitalization, this multinational technology company, nicknamed ‘Big Blue,’ has outperformed the Magnificent 7 and the Jensen Huang-led tech giant in 2025...
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IBM Plays Down Trump Tariff Concerns: DOGE Could Affect Consulting Business, But Its 'US Federal Business Is Less Than 5%,' Says CEO
Thursday, April 24, 2025 - 4:04am | 705Read More...International Business Machines Corporation (NYSE:IBM) has forecasted a “minimal” tariff impact on its business while acknowledging not being “immune” to the Department of Government Efficiency-related initiatives during its first quarter earnings call. What Happened: IBM...
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Meta, IBM, Palo Alto Networks: Why Stephanie Link Is Doubling Down On These Tariff-Proof Tech Titans
Wednesday, April 9, 2025 - 11:39am | 485Read More...As tariffs and trade war chatter send shivers down tech's spine, Stephanie Link of Hightower Advisors sees opportunity – especially in software and services names with recurring revenue and minimal exposure to global shocks. "This actually signals a decent time to buy if you're a long-term...
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IBM CEO Arvind Krishna Says DeepSeek An Indicator Of What's To Come, Predicts AI Models Will Use Just 1% Of Today's Energy In 5 Years
Thursday, March 13, 2025 - 5:10am | 639Read More...IBM (NYSE:IBM) CEO Arvind Krishna believes the future of artificial intelligence lies in smaller, faster, and vastly more energy-efficient models — and he says DeepSeek is a glimpse of what's ahead. What Happened: Speaking at SXSW 2025, Krishna praised DeepSeek, a Chinese-developed AI model that...
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IBM Stock Soars 8% In Premarket After Beating Q4 Estimates, Unveiling AI Strategy
Thursday, January 30, 2025 - 7:08am | 623Read More...IBM shares surged over 8% in premarket on Thursday following the release of its Q4 earnings, which surpassed analysts' expectations. International Business Machines Corp. (NYSE:IBM) saw its shares surge over 8% in premarket trading Thursday following the release of its fourth-quarter earnings,...
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IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
Thursday, January 30, 2025 - 2:44am | 876Read More...International Business Machines Corp. (NYSE:IBM) delivered better-than-expected fourth-quarter results, exceeding analysts’ expectations, and unveiled its big bets on artificial intelligence strategies and offerings. What Happened: IBM has integrated AI in all of its business segments, from...
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IBM Stock Rallies After Strong Q4 Report: Software Revenue Up 10%
Wednesday, January 29, 2025 - 5:52pm | 330Read More...IBM (NYSE:IBM) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report. The Details: IBM reported quarterly earnings of $3.92 per share, which beat the analyst consensus estimate of $3.75. Quarterly revenue came in at $17.55...
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Nvidia CEO Jensen Huang Once Spoke About The Importance Of Every Country Needing A Sovereign AI — But What Exactly Is This?
Tuesday, October 8, 2024 - 12:53am | 614Read More...Several prominent figures in the tech industry, including Nvidia Corporation CEO Jensen Huang, are actively discussing the concept of “sovereign AI.” This highlights its importance for national interests and security. What Happened: In an interview with Business Insider, JJ Kardwell,...
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IBM CEO Arvind Krishna Teams Up With Nvidia 'To Accelerate Clients' AI Journeys' Amid $1B In Bookings
Wednesday, April 24, 2024 - 10:33pm | 713Read More...IBM (NYSE:IBM) CEO Arvind Krishna has forecasted a significant shift in the use of AI by enterprises, noting that the technology will drive tangible business results. This comes as the company’s AI bookings surpass the $1 billion mark. What Happened: Krishna, during the Q1 2024 Earnings Call...
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IBM Asks Remote Managers To Either Relocate Close To Office Or Leave Company
Tuesday, January 30, 2024 - 3:46am | 712Read More...IBM (NYSE:IBM) has recently issued a strict directive to all of its remote managers. The company has mandated that they must either relocate to be close to an office or leave the company. What Happened: The tech giant is now requiring all U.S. managers to report to an office or client...
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IBM Chief Arvind Krishna Says Nothing Illegal About Hiring Practices After Musk's Alarm Over Leaked Video: 'I Have Thick Skin'
Thursday, December 14, 2023 - 7:38am | 721Read More...International Business Machines Corp. (NYSE:IBM) CEO Arvind Krishna, recently embroiled in controversy over a leaked internal video discussing coercive action for discriminatory hiring practices, responded to social media chatter about it. What Happened: Journalist James O'Keefe...
















