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Posts Tagged ‘International Business Machines Corp’

(Reuters) – The U.S. Securities and Exchange Commission has completed its probe on how International Business Machines Corp reports revenue from its cloud computing business and does not intend to recommend any enforcement action, the company said. The company said last July that it was facing an investigation from the Division of Enforcement of the […]

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(Reuters) – The Chinese government is pushing domestic banks to remove high-end servers made by International Business Machines Corp and replace them with a local brand, the latest move by Beijing over U.S. spying claims, Bloomberg reported on Tuesday. The news comes a day after China accused the United States of unscrupulous cyber surveillance that […]

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By Paul Carsten BEIJING (Reuters) – Chinas Lenovo Group Ltd, the worlds fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. Lenovo is expanding into smartphones to offset a decline in its once-mainstay personal computers (PC) as consumers […]

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