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IBM stock is down in after hours trading.
The cloud software titan won't disclose who it's for, but analysts say it's probably payment for a newly acquired startup called Attic Labs.
BI Prime: Apple could be bringing $250 billion back to the US.
C3 IoT, an almost failed startup founded by a colorful billionaire who was trampled by an elephant, has raised another $100 million
C3 IoT isn't just a second act for billionaire Tom Siebel, it's a come-back story for a man who was literally trampled and a company that almost died.
Apple has not openly solicited bids or tax breaks for its new campus, but history suggests it will reap many such financial perks.
BI PRIME: Apple's plans to repatriate billions of dollars in overseas cash is likely to reverberate in interesting ways, say those who know the company.
BI PRIME: The new tax law has freed Apple up to transfer its overseas cash stash to the US. Good portions will go to taxes and likely stock buybacks.
New technologies could kill one-third of US jobs so CEOs, not politicians, need to take responsibility, says billionaire Marc Benioff
New technologies will improve health, education, transportation for those who have access. The rest could be in trouble, warns Salesforce CEO Marc Benioff.
Nintendo’s about to unveil something new for Switch that’s aimed at kids, and no one knows what it is
What is Nintendo's big announcement for the Switch? We'll see!
Companies will spend $3.7 trillion on IT in 2018, led by trendy new tech like blockchain, IoT and AI
BI PRIME: Businesses are gearing up for a healthy 2018 and will increase their spending on IT projects to support planned growth.