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Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and refocused it on customers during a period of crisis. Gerstner reshaped IBM's strategy and ...

IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

International Business Machines remains a legacy tech leader, excelling in mainframes, AI platforms, hybrid cloud, and consulting services. IBM is expanding into quantum computing, partnering with AMD ...

IBM disclosed details on its Nighthawk and Loon quantum processors. The company expects quantum advantage next year and fault-tolerance by 2029. IBM also demonstrated ...

At the center of IBM’s announcement is the IBM Quantum Nighthawk, a next-generation 120-qubit processor featuring 218 tunable couplers—20% more than its predecessor, the IBM Quantum Heron. The ...

This morning IBM reported two new breakthroughs in the race to advance quantum computing. The announcement signifies the urgency for business leaders to begin preparing for a quantum boom. While ...

SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...