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IBM reached a settlement with the federal government on Friday, agreeing to pay roughly $17 million to resolve allegations of illegal diversity, equity and inclusion (DEI) practices. Acting Attorney ...

International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...

After IBM stock's recent freefall due to a threat from Anthropic's Claude that could disrupt IBM's mainframe programming language moat, investors may well wonder what to expect from an IBM stock ...

The company says it has cracked the code for error correction and is building a modular machine in New York state. IBM announced detailed plans today to build an ...

IBM CEO Arvind Krishna says the company used AI to replace hundreds of human resources employees. Its AskHR agent now automates 94% of routine HR tasks, including pay statements. IBM employed 270,300 ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly ...

IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related. But look for GenAI layoffs in ...

IBM's revenue and adjusted earnings per share were higher than expected. The company is slightly more positive on full-year free cash flow. IBM said it's seeing more business tied to generative ...