Tag IBM

IBM appears primed for further price appreciation despite apparent roadblocks and investors are likely to profit if they bet on this high-flying stock now...

(Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer giant was alleged to have misused the chipmaker's trade secrets. GlobalFoundries bought IBM's semiconductor plants in 2015. GlobalFoundries, which is majority owned by Abu Dhabi's sovereign wealth fund Mubadala, separately sued Armonk, New York-based IBM in New York federal court in 2023 for allegedly misappropriating its chipmaking trade secrets and sharing them with Intel and Japanese consortium Rapidus during partnerships with the two companies...

IBM and GlobalFoundries settle IP litigation, paving the way for potential semiconductor collaboration...

Settlement paves the way for potential future collaborationMALTA, N.Y. and ARMONK, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and IBM (NYSE: IBM) today announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to exp...

With the close of trading for 2024 occurring on Tuesday, it is time to look at the performance of those Dogs of the Dow. Read more here...

American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity...

The United Kingdom’s Competition and Markets Authority announced it is investigating the anticipated acquisition by IBM (IBM) of HashiCorp (HCP). “The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market...

The CMA is assessing whether the merger could “result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services”...