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There are only a handful of industries in America where the infrastructure advantage is so deeply embedded that new competitors, regardless of their capital or tech, face a decade-long climb to approach parity. Telecom is Read more…
International Business Machines (IBM) CEO Arvind Krishna has spent the past 10 days apologizing. On July 14, he told shareholders his company had faltered. Eight days later, he opened the second-quarter earnings call by admitting Read more…
For most of the past two years, investors bought nearly every company tied to semiconductors, from chip designers to equipment makers, and those stocks rose across the board. Enterprise software, on the other hand, got Read more…