Por: Fox Business Business January 27, 2023
Check out what's clicking on FoxBusiness.com Tech giants IBM and SAP joined the ranks of large companies laying off significant numbers of workers, as both announced that they will be laying off thousands of employees. SAP announced the cuts on Thursday. The German-based said they were eliminating about 3,000 jobs, which amounts to about 2.5% of their workers.This was a difficult decision, and we are deeply aware of the personal impact of... + full article
Fox Business USA Business January 27, 2023
Former Council of Economic Advisers Chairman Kevin Hassett reacts to some Big Tech giants slashing jobs, telling 'Cavuto: Coast to Coast' that data indicates the economy is heading toward a recession. SAP will slash its headcount by roughly 2.5%, the Germany-based... + más
SAP to cut 3,000 roles, explore sale of Qualtrics stake | CNBC
Qualtrics Stock Soars as SAP Seeks to Exit Majority Stake | MarketWatch
MarketWatch USA Business January 26, 2023
Along with reporting earnings, SAP said Tuesday it has retained Morgan Stanley as a financial advisor on the potential sale of the position. SAP acquired Qualtrics for $8 billion in cash in 2019; the current market cap is $6.6 billion. Qualtrics shares surged 29% on Thursday to... + más
SAP reducing headcount by up to 3,000 | Fox Business
CNBC USA Tech January 26, 2023
In this articleIBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023.Stefan Wermuth Bloomberg Getty Images reported quarterly revenue on Wednesday that topped analysts' estimates, driven by higher-than-expected... + más
IBM launches its most powerful quantum computer with 433 qubits | Fox Business
Biden tours New York IBM site after company announces $20B investment | Fox Business
In this articlewatch nowVIDEO3:1003:10The business environment is not getting easier in the short-term, says SAP CFOGerman enterprise software firm said Thursday that it will be cutting up to 3,000 jobs, or about 2.5% of its workforce, becoming the latest tech giant to announce... + más
CNBC USA Tech December 27, 2022
In this articleIBM CEO Arvind Krishna speaks at an IBM facility in Poughkeepsie, New York, on Oct. 6, 2022. IBM announced $20 billion in investments during President Biden's visit that will go toward research and development and the manufacturing of semiconductors,... + más
Fox Business USA Tech November 10, 2022
Check out what's clicking on FoxBusiness.com on Wednesday said it launched its most powerful quantum computer to date called the Osprey, a 433-qubit machine that has three times the number of qubits than its Eagle machine announced last year. The number of qubits, or... + más
IBM pushes qubit count over 400 with new processor | Ars Technica
From quantum computing to augmented reality, here's how 10 top Wall Street firms are looking to use cutting-edge tech | Business Insider
Fox Business USA Business October 06, 2022
Biden delivers remarks on job creation at New York IBM site. President Biden landed on Thursday in New York to highlight IBM's plan to invest $20 billion across the state's Hudson Valley region over the next 10 years. Biden toured the corporation's Poughkeepsie,... + más
Biden set to visit IBM Poughkeepsie plant to highlight $20B expansion plan | New York Daily News
Biden: IBM investment will help in tech competition with China | Portland Press Herald
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