Louis Gerstner, CEO Credited With Turning Around IBM, Dies at 83
Louis Gerstner, who took over International Business Machines Corp. when it was on its deathbed and resuscitated it as a technology industry leader, died Saturday. He was 83.
Louis Gerstner, who took over International Business Machines Corp. when it was on its deathbed and resuscitated it as a technology industry leader, died Saturday. He was 83.
Iran said it sent three satellites into orbit from Russia on Sunday, a move that may intensify tensions over Tehran’s broader actions.
Axian Group's founder Hassanein Hiridjee says telecommunications is the backbone of artificial intelligence in Africa and the continent will need much stronger infrastructure to unlock its full potential. Hiridjee speaks in an interview with Bloomberg's Jennifer Zabasajja. (Source: Bloomberg)
China plans to tighten rules around the use of human-like artificial intelligence by requiring providers to ensure their services are ethical, secure and transparent.
Access to fast, affordable internet is still out of reach for millions of South Africans, especially in townships. For nearly a quarter of the country's residents, digital infrastructure has changed little since the end of Apartheid. Startup Fibertime is seeking to bring high-speed connectivity to communities that have been left behind. (Source: Bloomberg)
The future of the popular influencer group FaZe Clan is in flux once again after several members announced their departures this week following failed contract talks with new management.
Warner Bros. Discovery shares slid early Friday in premarket trading after a report from the New York Post said that Paramount Skydance could walk away from its $30-per-share cash bid and instead litigate against the company’s board for how it handled the process. But with Larry Ellison personally backing the Paramount bid, the pressure is still on. Bloomberg's Chris Palmeri reports. (Source: Bloomberg)