Monday, August 26, 2024

Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal:
Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China  —  Jobs to be added in India, employees are told  —  IBM is shutting down its China research and development department …



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...