IBM Grants Rometty Record Bonus for 2016 After Shares Recover

IBM Chief Executive Officer Ginni Rometty got her biggest bonus as head of the company last year after the shares rose about 21 percent, the first annual gain in four years. Rometty received a $4.95 million payout under her annual incentive plan, the largest since she was named CEO of International Business Machines Corp. in 2012, according to a regulatory filing from the Armonk, New York-based company.

IBM Grants Rometty Record Bonus for 2016 After Shares Recover

IBM Chief Executive Officer Ginni Rometty got her biggest bonus as head of the company last year after the shares rose about 21 percent, the first annual gain in four years. Rometty received a $4.95 million payout under her annual incentive plan, the largest since she was named CEO of International Business Machines Corp. in 2012, according to a regulatory filing from the Armonk, New York-based company.

IBM reports better-than-expected Q4 results; forecast beats

International Business Machines Corp forecast full-year earnings above Wall Street estimates and reported better-than-expected quarterly revenue, helped by growth in newer areas such as cloud-based services and analytics. The Armonk, New York-based company forecast adjusted earnings of at least $13.80 per share for fiscal 2017, beating the average analyst estimate of $13.74, according to Thomson Reuters I/B/E/S.

E-Learning Enters Bot Era as Pearson Taps IBM’s Watson as Tutor

The world's largest education company is leveraging IBM's Watson platform as it tries to take college tutoring from campus libraries to the virtual world. Pearson Plc is partnering with Armonk, New York-based International Business Machines Corp. to use the Watson artificial intelligence product as an online tutor for college courseware.