Tag IBM

(Bloomberg) -- Apple Inc. Chief Operating Officer Jeff Williams is retiring as the company’s longtime No. 2, marking a major changing of the guard at an already tumultuous time for the iPhone maker.Most Read from BloombergAre Tourists Ruining Europe? How Locals Are Pushing BackCan Americans Just Stop Building New Highways?Denver City Hall Takes a Page From NASAPhiladelphia Trash Piles Up as Garbage Workers’ Strike Drags OnWilliams will step down as COO this month before retiring from the company...

The big server launch set to combine faster chips with rapid ransomware defense...

QStrike(TM) 6.0 Orchestrates 6-8 Quantum Computers Simultaneously to Detect Vulnerabilities Traditional Tools Miss, Powered by 70-Billion Parameter AI Model Miami, Florida and Be'er Sheva, Israel--(Newsfile Corp. - July 8, 2025) - When a major technology company accidentally exposed 38TB of private data including passwords and keys through misconfigured storage in 2023, it highlighted a critical truth: even tech giants struggle with cryptographic security. Today, Qryptonic LLC announced QStrike™...

Uber (UBER) stock recently hit new record highs, rebounding 60% this year. Bank of America also raised its price target on the stock to $115, citing expectations for higher free cash flow. IBM (IBM) unveiled its first major Power chip update in five years with the new Power11 chip, saying the company aims to compete more directly in the artificial intelligence (AI) server race. Hershey (HSY) has named Wendy's (WEN) CEO Kirk Tanner as the company's next CEO as the candy maker navigates changing consumer tastes. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here...

Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store...

SAN FRANCISCO (Reuters) -International Business Machines on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations. IBM introduced its new Power11 chips on Tuesday, marking its first major update to its "Power" line of chips since 2020. These chips have traditionally vied against offerings from Intel and Advanced Micro Devices in data centers, particularly in specialized sectors such as financial services, manufacturing and healthcare...

Today, IBM (NYSE: IBM) revealed IBM Power11, the next generation of IBM® Power® servers. Redesigned with innovations across its processor, hardware architecture, and virtualization software stack, Power11 is designed to deliver the availability, resiliency, performance, and scalability enterprises demand, for seamless hybrid deployment on-premises or in IBM Cloud...

MINNEAPOLIS, July 07, 2025--Izzi Software, a leading provider of innovative enterprise software solutions, is pleased to announce the acquisition of Chicago-based CNX Corporation, a technology company specializing in accelerating app development for users of IBM Power Systems. This strategic move marks a significant milestone for Izzi as it expands its capabilities and offerings into the IBM Power ecosystem. The company launched in 2024 in the IBM Z sphere with the acquisition of Virginia-based...