IBM Corp.’s business continued to shrink in its fiscal second quarter, although its profit grew at a faster clip than analysts expected and the company reaffirmed its full-year earnings guidance. The news initially buoyed investors, but sentiment turned negative after the company’s earning call with analysts, sending shares down more than 1% after hours. Profit […]
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Before software is going to eat the world, as Marc Andreessen famously declared, video is going to eat the Internet. A report from Cisco Systems Inc., released in February, showed that IP video traffic would comprise 82% of the Internet by 2022. The bottom line is that streaming of live events and a tidal wave […]
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