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Stock impact report

Why the Tech Industry’s Cool Relationship With Trump May Be Good for the Rest of the World [Fortune]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Fortune
France’s growing success in courting U.S. tech jobs highlights President Donald Trump’s fraught relationship with Silicon Valley. The new reality was on view this week at a conference in Paris, where 60 tech executives from some of America’s largest technology powerhouses announced new France-based initiatives. IBM plans to hire 1,800 people in France and develop a team to research blockchain, artificial intelligence, and the Internet of things, tech news site TechCrunch reported . Meanwhile, Uber announced that it would invest $23.4 million in France on the company’s flying car program, its first outside of North America, according to CNN . Facebook and Google also plan to step up their French presence. French President Emmanuel Macron, who organized the summit, called Tech for Good, has pledged to make France a “start-up country.” Since then, leading U.S. tech companies have promised to invest $4.1 billion in France and add 2,200 jobs in total. The move comes Show less Read more
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