IBM Change Course

IBM Change Course

IBM on Thursday unveiled a corporate reorganization to allow it to focus on cloud computing, spinning off its division for managed infrastructure. The move will create two separate, publicly traded firms by the end of 2021, according to the US computing giant. “IBM is laser-focused on the $1 trillion hybrid cloud opportunity,” said IBM chief […]

IBM and Bank of Thailand Issue Blockchain Platform

IBM and Bank of Thailand Issue Blockchain Platform

$IBM #THAILAND IBM (NYSE: IBM) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the highly secured IBM Cloud, the platform allows investors to benefit from speedy bond issuance, […]

Investors Bailing Out of the Tech Sector

Investors Bailing Out of the Tech Sector

#tech #ETFs #investors #virus #aid #traders #risk #leverage $QQQ $TQQQ $XLI $XLK Investors are ditching QQQ, the largest tech ETF at the fassstest pace in 20 yrs. The $122-B Invesco QQQ Trust Series 1 (NYSEArca:QQQ) ETF suffered its biggest daily outflow since October 2000, losing almost $3.5-B Friday. The tech-heavy fund, which tracks the NAS […]