Big Blue getting bigger again
Top end of revenue forecast
IBM expects to hit the top end of its revenue growth forecast for 2022, the company said as it flagged a $300 million knock to revenue from the suspension of its business in Russia.
Big Blue misses estimates
Managed infrastructure suffers decline
IBM missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month.
IBM announces Power E1080 server
Based on Power10 processor
IBM unveiled the Power E1080, the first in a family of servers based on the company’s recently announced Power10 processor.
IBM's IP godfather status not paying as it did
Time to start issuing the horseheads
While Big Blue has been suing more companies over its inventions, its IP income has shrunk.
IBM rolls out seven nano chip
Power to the people
Big Blue said it introduced its Power 10 microprocessor, which it claims, delivers up to three times greater energy efficiency and workload capacity.
IBM cuts jobs
Not saying how many
IBM cut an unspecified number of jobs across the US, eliminating employees in at least five states.
IBM revenue misses targets
Let down by its global technology services unit
Big Blue disappointed the cocaine nose jobs of Wall Street with its quarterly revenue announcements.
IBM abandons T-Systems computing venture
Anti-trust issues
IBM has withdrawn an application for antitrust approval for a mainframe computing venture with T-Systems, the IT services arm of Deutsche Telekom, after the German cartel office took a closer look at the transaction.
Geeks rescue old IBM mainframe
IBM 360 Model 20 mainframe
Adam Bradley and engineer Chris Blackburn have rescued an IBM 360 Model 20 mainframe from an abandoned building "in the backstreets of Nuremberg, Germany".
IBM sees revenue drop
The cloud grows as people lose interest in mainframes again
IBM reported a bigger than expected drop in its first quarter revenue due to falling mainframe demand and a stronger dollar.