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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

In search of a quick fix for the debt problem, the company has spent much of the past two years preparing to spin off its legacy infrastructure management activities as a separate business, Tech Foundations, much as IBM spun out Kyndryl. In 2023, the company made a net loss of €3.4 Another project to raise €1.8 billion in 2022.

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Software and consulting boost IBM results to start the year

CIO Business Intelligence

IBM posted strong revenue numbers to start the year, as CEO Arvind Krishna continues to focus the company on hybrid cloud and AI. This was the first quarter IBM reported results since it spun out its managed infrastructure services business under the new name of Kyndryl. Net income from continuing operations jumped 64% to $662 million.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. Like IBM, Atos has a supercomputing business, operates its own data centers, and offers software, consulting, and IT services — albeit on a smaller scale.

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IBM sets new climate goal for 2030

The Verge

Inside IBM Research Headquarters. IBM plans to get rid of its planet-heating carbon dioxide emissions from its operations by 2030, the company announced today. IBM is pledging to do “all it can across its operations” to stop polluting. Amazon committed to reaching net zero emissions by 2040.

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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. billion; its net loss increased slightly to €600 million, from €503 million a year earlier. It also had the healthier operating margin, 5.3%

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IBM: Financial services industry bombarded by malware, security threats

Network World

Financial institutions were forced to defend against a 29 percent increase in the number of attacks from 2015, IBM stated. More on Network World: IBM: Tax-related spam up 6,000% since Dec.; Darkweb tactics net billions + To read this article in full or to leave a comment, please click here

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IBM: Tax-related spam up 6,000% since Dec.; Darkweb tactics net billions

Network World

The notion that spam has been increasing lately has been obvious recently and for more evidence of that nasty trends you need look no further than this fact: From Dec 2016 to Feb 2017, IBM X-Force researchers saw a 6,000% increase in tax-related spam emails.

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