In July 2017, IBM executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future.
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Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period, holding the stock back while shares of rivals including Microsoft, Google and Apple all rallied. That abruptly changed on Thursday.
IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.
Intel gave bullish quarterly and full-year revenue forecasts, driven by a surge in demand for chips that power large cloud computing centres. The shares jumped as much as 7.8% in late trading.
United Nations human rights experts have called for an investigation into allegations that the Saudi Arabian crown prince was involved in the hacking of Amazon.com CEO Jeff Bezos’s phone.
The mobile phone of Amazon.com CEO Jeff Bezos was hacked after receiving a WhatsApp message from the account of Saudi Arabia’s crown prince, it has been claimed.
Amazon.com founder Jeff Bezos is likely to be greeted by an unprecedented show of opposition during his short India visit this week, after thousands of small retailers pledged to protest its pricing practices.
Takeaway.com has won a months-long bidding war for Just Eat, ending a contentious battle with the Naspers spin-off Prosus and creating Europe’s largest food delivery operation.
A new video streaming service designed only for mobile phones will launch later this year, with shorter programmes and full-screen framing whichever way a user holds their phone.
The Golden Globes lived up to their reputation as Hollywood’s most unpredictable awards show. World War 1 epic 1917 beat four other pictures including three contenders from Netflix.