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Wells Fargo was among many topics discussed at Berkshire's annual meeting in Omaha

Buffett criticises Wells Fargo, defends 3G at meeting

Warren Buffett has criticised Wells Fargo for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal.

Business • 08 May 17

Warren Buffett owned about 81 million shares of IBM at the end of 2016 and sold about a third in Q1 and Q2 of 2017

Warren Buffett sells a third of his stake in IBM

Warren Buffett said he has sold about one-third of Berkshire Hathaway's big stake in IBM, reducing a bet by the famed investor that surprised many and which so far has yet to prove successful.

Business • 05 May 17

IBM's revenue has now fallen for 20 quarters in a row

IBM posts first revenue miss in five quarters

International Business Machines last night reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services business.

Business • 19 Apr 17

IBM was the lead contractor for the five-yearly August 9 household survey by the Australian Bureau of Statistics

IBM apologises for Australian e-census bungle

IBM has said it plans to compensate the Australian government for a "malicious" cyber-attack that shut down a national census.

Business • 25 Oct 16

Under CEO Ginni Rometty, IBM has shifted towards more profitable areas

IBM's Q3 revenue tops forecasts on cloud growth

International Business Machines last night posted better than expected third-quarter revenue, helped by growth in the company's cloud and analytics businesses.

Business • 18 Oct 16

IBM has dispelled any concerns about the impact from Britain's vote to leave the European Union

IBM revenue beats estimates as cloud pays off

International Business Machines' quarterly revenue beat analysts' expectations as the company's shift to high-growth areas such as cloud-based services begins to yield results.

Business • 19 Jul 16

Revenue in the company's newer businesses is failing to make up for declines in its traditional segments

IBM reports worst quarterly revenues in 14 years

International Business Machines reported its worst quarterly revenue in 14 years as results from newer businesses including cloud and mobile computing failed to offset declines in its traditional businesses.

Business • 19 Apr 16

IBM is now focusing on high-growth areas such as security software and data analytics

IBM forecasts weak earnings for 2016

International Business Machines forecast weak earnings for this year after reporting an 8.5% fall in fourth-quarter revenue as a strong dollar and tepid IT spending weigh on Big Blue's results.

Business • 20 Jan 16

IBM and Microsoft are vying to tap the fast-growing market for forecasting air quality in China

Tech giants spot opportunity in forecasting smog

Two of the world's largest technology firms, IBM and Microsoft, are vying to tap the nascent, fast-growing market for forecasting air quality in the world's top carbon emitters.

Business • 29 Dec 15

An IBM spokesman has said the company had a 'rigorous and disciplined process' for its reporting of revenue

IBM says SEC investigating company's books

The US Securities and Exchange Commission is investigating how IBM recognised revenue for certain deals in the US, Britain and Ireland, the company has said.

Business • 28 Oct 15

IBM has now posted a reduction in revenue for 14 quarters in a row

IBM's Q3 revenue falls more than expected

International Business Machines last night posted a bigger-than-expected drop in revenue and cut its full-year profit forecast.

Business • 20 Oct 15

The company currently employs 3,000 people in Ireland

IBM to create 110 jobs at its Irish labs

IBM is to create 110 jobs at its analytics and solutions lab in Ireland.

Business • 29 Sep 15

Orreco has developed bio-analytics that analyse blood and other performance data in an elite athlete’s body

Irish sports performance firm to partner with IBM

Irish sports performance company Orreco has been chosen by IBM to be its first global partner in developing a software application that can help professional athletes and sports teams to avoid injury and perform for longer.

Business • 24 Sep 15

The strong US dollar and IBM's decision to move away from its hardware business both affected its performance

IBM sales fall for thirteen consecutive quarters

IBM has reported a fall in sales for the thirteenth consecutive quarter.

Business • 21 Jul 15

IBM's quarterly earnings dip as sales fall again

Technology heavyweight IBM last night reported lower profits in the first quarter following another drop in revenues, this time partly due to the strong dollar.

Business • 21 Apr 15

IBM's total revenue fell nearly 12% to $24.11 billion in the fourth quarter ended December

IBM profit forecast and Q4 revenue below estimates

International Business Machines posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates.

Business • 21 Jan 15

Lufthansa close to selling its IT infrastructure division

Lufthansa close to deal for IT infrastructure unit

German airline Lufthansa said today it was close to selling its IT infrastructure division and completing an outsourcing deal with IBM.

Business • 22 Oct 14

Weak client spending and a slumping software sector has hit IBM's quarterly revenue

IBM drops 2015 operating earnings target

International Business Machines last night reported a marked slowdown in business in September and abandoned its 2015 operating earnings target.

Business • 21 Oct 14

IBM is to pay Globalfoundries $1.5bn to offload its loss-making semiconductor unit

IBM cuts forecasts after 4% fall in revenue

IBM has said it no longer expected to achieve its 2015 operating earnings target of at least $20 per share after weak client spending resulted in an unexpected fall in quarterly earnings and revenue.

Business • 20 Oct 14

Lenovo pursued IBM's x86 server division as the devices are capable of more complex computing

Lenovo to close IBM server deal this week

Lenovo Group will close its acquisition of IBM’s x86 server division on 1 October for $2.1bn, giving the Chinese tech firm the firepower to win business clients from US rivals.

Business • 29 Sep 14

IBM is expanding its technology campus in west Dublin

IBM to create 50 jobs with expansion in Dublin

IBM is to create 50 jobs with the expansion of its technology campus in west Dublin.

News • 12 Sep 14

IBM will sell Apple iPads featuring its industry-focused apps

IBM announces iPad partnership with Apple

IBM will partner exclusively with Apple to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the company has announced.

Business • 16 Jul 14

Chip technology is hitting limits in regard to improving speed, size, power-efficiency and other features, IBM says

IBM to spend $3 billion on computer chip overhaul

IBM announced plans to pump $3 billion into an overhaul of computer chip technology to better meet modern demands of "Big Data"

Business • 10 Jul 14

Google overtakes Apple as world's top brand

Google has overtaken rival Apple as the world's top brand in terms of value, global market research agency Millward Brown has said.

Business • 21 May 14

IBM has been trying to restructure its business as hardware sales fall

IBM reports lowest quarterly revenue in five years

IBM, the world's biggest technology services company, has reported its lowest quarterly revenue in five years, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China.

Business • 17 Apr 14