IBM has announced it will buy Red Hat, the world’s biggest Linux company, for $34-billion. That’s more than a quarter of IBM’s market capitalisation, and comes as the legacy computer giant tries to play catch-up in cloud computing.
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IBM shares dropped the most in four years on Wednesday after the company missed analysts’ quarterly revenue estimates, ending a short-lived streak of sales gains and casting doubt on its strategy.
IBM is pressing deeper into its strategy of making cloud services more compatible with competitors, rather than trying to force customers into its own walled garden.
A new global study by IBM Security has found that the average cost to a company’s bottom line of a data breach in South Africa has risen to R36.5-million. The study found that hidden costs in data breaches
Government will consider introducing computer coding in South Africa’s education system, communications deputy minister Pinky Kekana said on Wednesday. “The time has come for us to introduce basic coding in our
Janeffer Wacheke’s fresh vegetable stall in Nairobi uses technology that’s helping crack a problem Kenyan banks have so far failed to solve – measuring the creditworthiness of traders in the country’s R265-billion
Berkshire Hathaway bought an additional 75m shares of Apple in the first quarter, while dumping its remaining stake in IBM, chairman Warren Buffett said in a CNBC interview. The Apple purchase, which would have
IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US
As the US and China threaten to impose tariffs on goods from aluminium to wine, the two nations are waging a separate economic battle that could determine who owns the next wave of computing. Chinese universities and US
At Microsoft’s Dutch research facility at the Delft University of Technology, several large cylindrical metal tubes hang from the ceiling. Each tube – a dilution refrigerator used to cool circuits down to temperatures colder than