Yahoo intends to change its name to Altaba once the sale of its internet portal to Verizon is completed. CEO Marissa Mayer and co-founder David Filo also will leave the company then, Yahoo said in a regulatory filing on Monday.
IBM’s pledges to hire 25,000 professionals in the U.S. and invest US$1 billion in employee training and development over four years don’t represent new plans, the company confirmed late Tuesday.
IBM will hire 25,000 workers in the U.S. over the next four years, the company's CEO said Tuesday on the eve of a meeting between technology industry leaders and President-Elect Donald Trump.
Microsoft founder Bill Gates, Amazon.com CEO Jeff Bezos, and SoftBank CEO Masayoshi Son are investors in a new clean energy technology venture firm launched Monday.
Masayoshi Son, CEO of Japanese telecom firm SoftBank, plans to invest US$50 billion and create 50,000 jobs in the U.S. by pumping money into startups, he said after a meeting with President-elect Donald Trump.
Five years ago, then Hewlett-Packard CEO Leo Apotheker was derided for an abrupt plan to spin off the PC division from the mothership. It happened anyway in 2015, when the idea seemed more logical.
The internet of things is so complex that some enterprises would rather turn to one vendor to determine the business case for an IoT deployment, design the system, roll it out and operate it as a service. At least that’s what IBM believes.
A U.S. Federal Communications Commission plan to cap, and in some cases cut, prices charged for widely used business data lines is probably dead after Republicans in Congress pressured the agency to drop a scheduled vote.
Retailers, hotels and restaurants have all been victimized through the same Achilles' heel that cyber criminals continue to attack: the point-of-sale system, where customer's payment data is routinely processed.
Samsung's smartphone division struggled to breakeven between July and September as sales plunged due to the recall of its high-end Note 7.