October 26, 2023 IBM has defied the odds by reporting impressive third-quarter results. The company's revenue and profit exceeded Wall Street expectations, sparking a 2% surge in its stock price following the announcement. Despite the challenges posed by more...
October 25, 2023 Microsoft is the latest tech giant to announce plans to sublease office space in San Francisco, a sign that cost-cutting is continuing in the sector. The company has listed up to 49,000 square feet of more...
October 25, 2023 Microsoft CEO Satya Nadella admitted that the company has made some serious mobile mistakes. In an interview with Business Insider, Nadella said that Microsoft's exit from the mobile phone business could have been handled better, more...
October 24, 2023 Next month will mark an independence day of sorts for IT infrastructure provider Kyndryl Inc. In 2021, what was then called IBM Global Technology Services was spun off and given until November 2023 to be more...
October 24, 2023 Amazon is giving managers the power to fire employees who refuse to comply with the company's three-times-a-week return-to-office policy. This is the strongest measure Amazon has taken yet to enforce its return-to-office mandate, which has more...
October 24, 2023 Satya Nadella, CEO of Microsoft received a compensation package totaling $48.5 million in 2023, marking the lowest figure he has received in the last three years. This comes months after Nadella told full-time salaried staff more...
October 23, 2023 Apple is reportedly planning a Mac-centered product launch around the end of this month, according to Bloomberg's Mark Gurman. In his latest Power On newsletter, Gurman says that the new 24-inch iMac is on its more...
October 23, 2023 IBM Consulting and Amazon Web Services (AWS) have expanded their partnership to bring new generative AI solutions to contact centers and supply chains. Generative AI is a type of artificial intelligence that can create new more...
October 20, 2023 Apple MacBook shipments are expected to decline by approximately 30% year-over-year in 2023 to about 17 million units, according to a report from TF International Securities analyst Ming-Chi Kuo. Kuo said demand for the new more...
October 20, 2023 Nokia is cutting up to 14,000 jobs amid a slowdown in the global economy and rising interest rates. The company reported a 20% drop in third-quarter sales and a 69% decline in profit. CEO Pekka more...
