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When Ginni Rometty indicated that she was stepping down as IBM CEO at the end of January, the company announced that Arvind Krishna would be taking over, while Red Hat CEO Jim Whitehurst would become president. To fill his role, Red Hat announced today that long-time executive Paul Cormier has been named president and CEO. Cormier would seem to be a logical choice to run Red Hat, having been with the company since 2001.
Arvind, known by his first name, headed the Big Blue's fast-growing cloud business before his elevation as chief executive officer in late-January. As chief technology officer of Bank of America, Boville was responsible for building and running the second largest U.S. bank's cloud services. IBM said in November it had created a financial services-specific cloud technology in collaboration with Bank of America.
Nick Vyas, executive director of the Center for Global Supply Chain Management at the University of Southern California, said the effects of COVID-19 on the world's supply chain are far-reaching. “I would call this a once-in-a-century disruption that we’re facing,” he said. “What makes it even more unique is that the disruptions aren’t happening all at the same time. It’s moving from country to country, continent to continent.”
HP CEO Enrique Lores tells Yahoo Finance demand for PCs and printers have been strong as people work from home during the coronavirus pandemic.
The Zacks Analyst Blog Highlights: American Express, McDonald's, Walt Disney, UnitedHealth Group and International Business Machines
There are already a number of resources available for mapping the spread of confirmed COVID-19 cases both in the U.S. and globally, but IBM and its subsidiary The Weather Company have launched new tools that bring COVID-19 mapping and analysis to more people via their Weather Channel mobile app and weather.com. Existing tools are useful, but come from fairly specialized sources including the World Health Organization (WHO) and Johns Hopkins University. This new initiative combines data fro these same sources, including global confirmed reported COVID-19 cases, as well as reported data from sources at both the state and county level.
The Dow posted its best day since 1933 after lawmakers said that they were close to a deal on coronavirus rescue package. We have, thus, highlighted such components of the benchmark index that were up 10% or more.
Here we discuss how tech giants including Microsoft (MSFT) and others are leaving no stone unturned to address COVID-19 crisis in innovative ways, backed by AI, ML and cloud computing capabilities.
During today's White House coronavirus task force press conference, President Trump announced the launch of a new public/private consortium to "unleash the power of American supercomputing resources." The members of this consortium are the White House, the Department of Energy and IBM . Other companies, including Google, Amazon and Microsoft, as well as a number of academic institutions, are also "contributing lots of different things," the president said.