The appointment of Krishna underlines how much trust IBM has in the emerging cloud technology. Rometty will remain executive chairman of IBM until her retirement at the end of the year. Rometty's praise of Krishna is largely warranted. Succeeding Samuel J. Palmisano as CEO, Rometty said at the time, "Sam taught us, above all, that we must never stop reinventing IBM ".
The strong earnings report defied investor concerns about Amazon pouring money into shortening Prime delivery times to a single day, and the momentum of its money-making cloud services businesses being slowed by being denied a major contract with the United States government.
This is in spite of the fact that Wuhan, capital of Hubei province, is the epicentre of a new virus outbreak that is believed to have originated in a market that sold wild animals. China was arranging special flights to help Wuhan residents return home from holidays overseas. There have been no deaths outside China, although 131 cases have been reported in 23 other countries and regions.
Four days later, on January 21, officials confirmed that a man in Washington State, who had recently returned from a trip to the Wuhan area, was infected with the novel coronavirus. The designation allows the forcible hospitalisation of those infected and gives immigration authorities the power to prevent people with the virus from entering the country.
Gross domestic product rose at a 2.1 percent annualised rate in the last 3 weeks of 2019, according to the initial quote from the Bureau of Economic Analysis, published on Thursday. Most alarmingly, businesses have been sharply reducing their investment as Trump's ongoing trade fights have heightened uncertainty for corporations.
The social media network company said it had 1.66 billion daily active users during the quarter, up 9% year over year. The name also separates the data collection processes and data sharing ones. CNN- Facebook is giving you a glimpse into how it tracks what you do when you're not on its site. Remember going on Facebook and stumbling upon an ad for a shoe brand you were searching for a day earlier? Colin Sebastian, of Baird Equity Research, said: "We remain encouraged by core ...