IBM

Asia, Europe track Wall St records, dollar under pressure

Hong Kong - AFP

Asian and European markets extended their latest rally on Thursday following across-the-board records on Wall Street where traders were buoyed by another day of strong earnings. Better-than-forecast results from New York titans IBM and American Express helped to fuel a buying spree and allowed investors to look past the crises engulfing Donald Trump and his stalled legislative agenda. All threeRead more

Blockchain seen as tool in food safety

New York - AFP

The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table. Working with IBM, retail giant Wal-Mart Stores is testing the technology system on mangos in the United States and pork in China. Blockchain, the underlying technology behind virtual currency bitcoin, isRead more

Saudi Telecommunications Ministry inks memo with IBM

Riyadh - Arab Today

The Ministry of Telecommunications and Information Technology on Wednesday signed a memorandum of understanding with IBM to promote cooperative programs at an advanced level. IBM will train and qualify more than 38,000 people over the next four years through 30 new educational institutions in various communication and information technology programs. By 2020, about 19,000 trainees are expected to acquire certificationRead more

Ministry of Transport and Communications Signs Two Agreements,

Doha - QNA

The Ministry of Transport and Communications signed here on Wednesday a Governmental Framework Agreement with IBM to take advantage of its software products in content and documents management "IBM FileNet documentation,"formerly known as "FileNet." The Ministry also signed an Intergovernmental Framework Agreement with SAB aimed at enhancing the technical efficiency as well the use of resource planning software, systems andRead more

Abu Dhabi CP receives IBM President

Abu dhabi - Arab Today

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday received Ginni Rometty, IBM President and CEO, at Al Shatti Palace. The duo discussed technological co-operation and areas of co-ordination between the UAE’s national companies and the American technology multinational in the backdrop of rapid progressRead more

Zubair to take oath as Sindh governor

Karachi - Arab Today

Mohammad Zubair, a financial wizard in Prime Minister Nawaz Sharif’s cabinet, is set to take oath as governor of Sindh province on Thursday. He replaces the late Saeeduz Zaman Siddiqui, who died last month after serving the office for a brief period. Zubair, son of a former Pakistani general, will be the 32nd governor of the province. President Mamnoon HussainRead more

Mobile use drives US holiday shopping gains

San Francisco - Arab Today

Americans are turning to their mobile devices for deals to kick off the holiday shopping season, with retail trends increasingly upended by ever-present smartphones. According to Adobe Digital Insights, the four-day Thanksgiving Day weekend that normally marks the start of the holiday season saw online sales of $36.5 billion, up seven percent from last year -- more than a thirdRead more

IBM’s quarterly revenue falls, but tops forecasts

New York - Arab Today

International Business Machines Corp. posted better-than-expected third-quarter revenue on Monday, helped by growth in the company’s cloud and analytics businesses. Under CEO Ginni Rometty, the technology services company has shifted toward more profitable areas, such as cloud services, artificial intelligence, analytics, and security while trimming its traditional hardware and services businesses. Revenue from those areas, which the company calls “strategicRead more

New malware steals $4m at US, Canada banks

Washington - MENA

Cyber security researchers at IBM Corp. said they have discovered a new type of malicious software that has been used to attack customers of 22 US banks and two in Canada, The Wall Street Journal reported Friday. The attacks have resulted in the theft of roughly $4 million dollars in the first few days of April, the researchers said. TheRead more