Home IBM says SEC is investigating how it reports cloud revenues
 

Keywords :   


IBM says SEC is investigating how it reports cloud revenues

2013-07-31 22:58:36| InfoWorld: Top News

IBM is the subject of a probe by the U.S. Securities and Exchange Commission into how it reports revenue related to its cloud computing business, the vendor revealed Wednesday. "In May 2013, IBM learned that the SEC is conducting an investigation into how IBM reports cloud revenue," the company said in a filing with the SEC. "IBM is cooperating with the SEC in this matter."

Tags: reports sec ibm cloud

Category:Information Technology

Latest from this category

All news

»
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Tropical Depression Thirteen-E Graphics
02.11Summary for Tropical Depression Thirteen-E (EP3/EP132024)
02.11Fragrancing Spaces with Atmos, A Smart Home Diffuser
02.11Eastern North Pacific Tropical Weather Outlook
02.11Atlantic Tropical Weather Outlook
01.11Tropical Depression Thirteen-E Forecast Discussion Number 1
More »