IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...

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Shares of Confluent rose after International Business Machines agreed to acquire the data-infrastructure company for about $11 billion. Confluent was up 29% at $29.73 on Monday. Shares are up 6.3% ...

IBM and Cisco announced an intention to collaborate on the groundwork for networked distributed quantum computing, to be realized as soon as the early 2030s. By combining IBM's leadership in building ...

IBM (IBM) and Cisco (CSCO) are collaborating to design a connected network of large-scale, fault-tolerant quantum computers, targeted by early 2030s. The companies said that within five years, the two ...

SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...

The partnership combines IBM's expertise in practical quantum computers with Cisco's innovations in quantum networking. The companies aim to scale large, fault-tolerant quantum systems beyond IBM's ...

Former IBM employees filed a complaint accusing the company of breaching its fiduciary duties under the Employee Retirement Income Security Act for not replacing underperforming target-date funds.

IBM allegedly jeopardized the retirement security of more than 132,000 former workers by offloading billions of dollars in two pension risk transfers. A former IBM employee has filed a complaint ...