Silicon Valley had been the core leaders of the technology community throughout the world. In their meeting with Trump, someone prepared 4 advice on why they should join Trump in his platforms on technology. See the list here.
Monday was not a great day for IBM as they reported the sharp decline of the company’s profits and sales in the third quarter. The slump, which was viewed by the analysts as a sign of weakness, has sparked queries on the developments of the company’s evolution to new businesses.
Lenovo Group Ltd (0992.HK), the world's biggest PC maker by sales, said on Thursday its annual net profit rose one percent to $829 million, slightly below analyst expectations, as it completed two major acquisitions during that year.
Billionaire investor Warren Buffett defended some of his core holdings in a televised interview on Monday, but reiterated that equities in general would look expensive in an environment with normal interest rates.
Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic "moats," businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces.
PSA Peugeot Citroën, Europe's second largest carmaker, and computer services supplier IBM, said on Wednesday they agreed to a partnership deal for connected car services that go beyond current navigation and infotainment offerings.
International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.
International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.
IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.