Globalfoundries
IBM Admits Need to Reinvent Self as Tech Giant Reports 10th Consecutive Quarter of Weak Sales
| Vittorio Hernandez | | Oct 21, 2014 03:01 AM EDT |
IBM Chief Executive Virginia Rometty admitted during the release of the tech giant's quarterly report on Monday that she was disappointed with the results of the company's performance for the months of July through September.
IBM Looking To Sell Chip-Making Unit For $1.5 Billion
| David Curry | | Oct 20, 2014 09:48 AM EDT |
IBM has been cutting their hardware, PC and server based business for the past few years, and will continue to move out of manufacturing with $1.5 billion payout to Globalfoundries to take it off their hands.
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