Saturday, March 4, 2023

US adds China's Inspur, one of the world's largest server makers that has joint ventures with IBM and Cisco, to an Entity List, limiting its access to US tech (Yuan Gao/Bloomberg)

Yuan Gao / Bloomberg:
US adds China's Inspur, one of the world's largest server makers that has joint ventures with IBM and Cisco, to an Entity List, limiting its access to US tech  —  The Biden administration's blacklisting of China's Inspur Group Co. targets a company that US tech giants like Cisco Systems Inc. …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...