contracts
-
Blog
IBM puts on a brave face as US government cuts hit 15 contracts
IBM has revealed 15 contracts agreed with the US government have been shelved amid a cost-cutting drive implemented by the Trump administration. The tech giant said the dropped contracts were worth about $100 million in total, less than 1% of its consulting group’s planned work, according to Reuters. IBM CEO Arvind Krishna said in a call with investors: “Consulting is…
Read More » -
Blog
IT exec accused of falsifying data center certifications to win millions in government contracts
The chief executive of a US IT services company has been indicted for fraud amid accusations that he lied about the reliability, availability, and security of his firm’s data center. Deepak Jain, 49, of Potomac, was the CEO of an information technology services company – referred to as Company A – that provided data center services to customers, including the…
Read More »