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IBM CEO Ginni Rometty

Ginni Rometty says IBM will be Number One in a new trillion dollar cloud market

Fresh off her big earnings beat, Rometty has planted a flag and declared that IBM will be the winner in the next big thing in tech: hybrid computing.
IBM Chairwoman and CEO Virginia "Ginni" Rometty delivers a keynote speech at the Mobile World Congress in Barcelona February 26, 2014.

IBM spikes after posting its first annual revenue growth since 2011

IBM beat on both the top and bottom lines and posted its first annual revenue growth since 2011, sending shares up more than 7%.
IBM CEO Ginni Rometty.

IBM CEO Ginni Rometty said companies have to change the way they hire, or the skills gap will become a crisis

IBM CEO Ginni Rometty said the most pressing challenge of the "Fourth Industrial Revolution" is preparing non-college graduates to get good jobs.
IBM CEO Ginni Rometty

IBM unveils the world’s first quantum computer that businesses can actually use to solve previously impossible problems

At CES 2019, IBM announced the world's first quantum computing system that businesses can use. Before, quantum computers could be found only in research labs.
President Donald Trump

There’s a race for a $10 billion Pentagon cloud contract underway. Here’s how the government shutdown could affect it

Cloud giants like AWS and Azure are bidding for a $10 billion contract with the Pentagon. Here's how the government shutdown could affect it
Amazon Web Services CEO Andy Jassy

Someone is spreading an Amazon smear campaign as cloud giants compete for a $10 billion defense cloud contract

A dossier says that Amazon unfairly has an edge in the bid for a $10 billion Pentagon contract, but there's no evidence on who's behind the campaign.

Red Hat jumps, IBM shares dip on cloud mega-merger

In buying Red Hat, IBM will have assembled a cloud that includes physical servers, its own operating system and applications like human resources software.
Red Hat President and CEO Jim Whitehurst

Here’s who will get richer when IBM buys Red Hat for $34 billion

IBM announced on Sunday it would acquire the software company Red Hat for $190 per share, at a total around $34 billion. Here's how much money Red Hat's top shareholders and executives could make on the deal.
In a year that has already been hot for tech mergers and acquisitions, the IBM-Red Hat tie-up tops the chart.

Banks could reap as much as $115 million for orchestrating the IBM-Red Hat deal — the largest software acquisition in history

IBM's $34 billion acquisition of Red Hat is the largest software deal in history. The bankers who helped orchestrate the acquisition are set to make as much as $115 million in fees.