IBM returns to growth after six years, but dour forecast hits shares

International Business Machines Corp’s revenue rose for the first time in 23 quarters, beating analysts’ estimates, but the company warned that a higher tax rate this year would eat into its profit. IBM’s shares, which have rallied 10 percent so far this year on hopes of a strong turnaround in the company’s fortunes, fell more


Apple, Microsoft, Google ask Trump to retain Obama-era rule on H-1B visa

US technology trade groups representing Apple, Microsoft, Facebook and Google have urged the Trump administration to retain an Obama-era rule that allows some spouses of H-1B visa holders, including Indians, to also work legally in America. Groups including the Information Technology Industry Council, the US Chamber of Commerce and BSA-The Software Alliance wrote to Citizenship


Original content to drive growth for OTT: Report

With the increasing demand for variety, original content is expected to be the key growth driver for the 30-player over-the-top (OTT) industry in the coming years, who have earmarked around Rs 3,300 crore for the same, says a report. OTT players are heavily investing in creating and distributing original programming in Hindi and regional languages.