Latest International Business Machines Corp News

Meta Platforms, O'Reilly Automotive fall; Chipotle, TransUnion rise, Thursday, 4/25/2024

Apr. 25, 2024 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Meta Platforms Inc., down $52.12 to $441.38. Facebook's parent company gave investors a disappointing revenue forecast. International Business Machines Corp., down...

IBM: Q1 Earnings Snapshot

Apr. 24, 2024 16:36 PM EDT

ARMONK, N.Y. (AP) — ARMONK, N.Y. (AP) — International Business Machines Corp. (IBM) on Wednesday reported first-quarter earnings of $1.61 billion. The Armonk, New York-based company said it had profit of $1.72 per share. Earnings, adjusted for one-time gains and costs, came to...

Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI

Apr. 24, 2024 07:27 AM EDT

ROME (AP) — Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit the common good. Cisco Systems chief executive Chuck Robbins signed the document,...

Elon Musk's X has a new safety leader, nine months after predecessor left the social media platform

Apr. 03, 2024 11:56 AM EDT

NEW YORK (AP) — Elon Musk's X, the platform formerly known as Twitter, has named a new head of safety nine months after the last executive to hold the position departed from the social media company. X said that company veteran Kylie McRoberts will oversee the global safety team....

White House wades into debate on 'open' versus 'closed' artificial intelligence systems

Feb. 21, 2024 11:14 AM EST

The Biden administration is wading into a contentious debate about whether the most powerful artificial intelligence systems should be “open-source” or closed. The White House said Wednesday it is seeking public comment on the risks and benefits of having an AI system's key...

Quick-moving winter storm brings snow to Northeast, disrupting travel and schools

Feb. 13, 2024 19:05 PM EST

HARTFORD, Conn. (AP) — A quick-moving winter storm battered cities in the Northeast with snowfall, sending huge waves crashing into the New England coastline and forcing New York City schools into glitch-filled remote learning reminiscent of the early days of the pandemic. Airlines...