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IBM revenue misses estimates, showing continuing cloud struggles Brody Ford, Bloomberg News International Business Machines Corp. shares fell the most in 10 months after the company reported a greater sales decline in the fourth quarter than analysts had expected, signaling Chief Executive Officer Arvind Krishna’s turnaround plan may take more time. Sales fell 6.5 per cent to US$20.4 billion in the three months ended Dec. 31, the Armonk, New York-based company said Thursday in a statement. That was below the US$20.75 billion analysts had forecast, on average, and marked the 10th consecut...

Press release content from Business Wire. The AP news staff was not involved in its creation. RingCentral Appoints Security Expert Heather Hinton as Chief Information Security Officer January 7, 2021 GMT BELMONT, Calif.--(BUSINESS WIRE)--Jan 7, 2021-- RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, video meetings, and contact center solutions today announced that industry security veteran, Heather Hinton has joined RingCentral as the company’s Chief Information Security Officer (CISO). Hinton joins RingCentral from IBM, where she s...