Tag IBM

Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Costco Wholesale Corporation (COST) and International Business Machines Corporation (IBM), as well as a micro-cap stock Smith-Midland Corporation (SMID)...

International Business Machines Corporation reaches a positive resolution with GlobalFoundries settling all legal disputes and paving the foundation for future collaboration...

GlobalFoundries (GFS) and IBM (IBM) 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 explore new opportunities for collaboration in areas of mutual interest. The details of the settlement are confidential and both parties have expressed...

The companies did not disclose the financial terms of the settlement while both parties expressed satisfaction with the resolution...

A state-owned artificial intelligence (AI) company has appointed a former IBM China executive as its chief technology officer (CTO), in the latest example of a Chinese firm scooping up talent, as multinationals scale back operations in the country. Beijing Electronic Digital and Intelligence (BEDI), a state-owned firm providing computing power and cloud computing infrastructure for AI applications, said in a statement on Thursday that it appointed Xie Dong, a veteran in technology management at...

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...