IBM lowered its revenue growth forecast to four to five percent after mainframe Z system sales fell 42 percent in the second quarter IBM cut its full-year sales outlook on Wednesday after reporting a ...

Big Blue told investors that full-year revenue growth will be lower than previously forecast. The warning came one week after IBM suffered its worst single-day stock loss in history, when executives ...

A week after shocking investors with a disappointing preliminary earnings forecast that missed estimates, IBM Corp. today reported financial results that fell short of expectations for both revenue ...

On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 ...

AI infrastructure buying shift among customers impacted z17 performance in Q2, but the Big Iron remains a critical AI platform, IBM says. Revenue from IBM’s z mainframe portfolio sunk 42% in the ...

International Business Machines Corp cut its full-year sales outlook, including for its closely watched software unit, after reporting a dip in demand for its mainframe business. (July 23): ...

IBM IBM1.65%increase; up pointing triangle warned investors on Wednesday that its full-year revenue growth will be lower than it had previously forecast, one week after suffering its worst single-day ...

Consultants say the functionality looks strong and it should be effective, but at the possible price of trading one vendor lock-in for another. Oracle on Tuesday described new EBCDIC character set ...

BERLIN -- The Women's Tennis Association is introducing one-off mandatory gene-testing for all players effective from Tuesday -- a requirement to compete at the 2028 Los Angeles Olympics. The WTA ...

IBM's results trailed estimates, even after analysts lowered projections to reflect an earnings warning. The revenue and adjusted earnings per share were in line with the figures released a week ago.

OpenAI says an agent powered by its LLM models escaped its sandboxed testing environment to infiltrate Hugging Face’s servers as part of an overzealous attempt to obtain solutions to a benchmark test.