IBM is not only currently led by the company's first female CEO, but some of the hottest industry sectors within the company are also led by women.
Eileen Lowry is the Global Program Director for IBM Blockchain and Rachel Liddell is the Manager of Watson Client Relations. The two are proud to be leading in industries that are typically regarded as male dominated.
When asked how they ended up in the tech sector, Lowry said she always dreamed of working in the field and was able to work with innovators and used her personal fascination to push her career forward. Liddell says she met the right people at the right time, and she's glad she did.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.