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Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses

CIO

A lawsuit has been filed against 13 current and former IBM executives, including CEO and Chairman Arvind Krishna and former CEO Ginni Rometty, accusing the company of securities fraud — bundling mainframe sales together with those of poorly performing products in order to make them appear more profitable than they actually were.

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Microsoft and Cognizant team up to boost enterprise Copilot adoption

CIO

Microsoft is opening another route for extending the reach of its Copilot offerings in the enterprise through an expanded partnership with global professional services company Cognizant. The multinational IT services giant aims to leverage the tools internally to streamline workflows, improve efficiency, and enhance customer experiences.

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What is Brand Protection?

mention

Brand protection encompasses a spectrum of strategies and actions to safeguard a company’s intellectual property, reputation , and consumer trust. From trademarks and copyrights to online presence management and counterfeit prevention, businesses must proactively defend their identity.

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Consulting, software boost IBM revenue as it turns to AI

CIO

The strong dollar had a negative effect on sales — in term of constant currency, taking out the effect of currency fluctuations, IBM revenue rose by 4%. year on year; within the Hybrid Infrastructure business, z Systems revenue was up 7%. 4%, to $14.3 This trend was further reflected in IBM’s infrastructure segment, which was down 3.7%

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IT leaders grapple with shadow AI

CIO

Result: dramatic productivity gains and potentially game-changing business advantage. That could lead to compromised intellectual property and regulatory penalties. Insurers understand risk As a global insurer with a presence in many countries, TMG’s international units have been experimenting with generative AI. “We

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The Complete Due Diligence Checklist for 2024

Alpha Sense BI

Global deal activity for Q1 2024 rose approximately 30% from the same period a year ago. There are signs of recovery for mergers and acquisitions (M&A) activity heading into H2 2024. Under the pressure of high interest rates and macroeconomic volatility, M&A activity fell to its lowest level in ten years in 2023.

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Keeping customers at the center of everything

CIO

VMware’s partners today serve as both innovation collaborators and connectors to a wider range of customers, including small- and medium-sized businesses. Partners will be able to grow their businesses as the combined company accelerates execution and smart portfolio growth. Broadcom”) and VMware, Inc.