IBM, or International Business Machines Corporation, is an American multinational technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed to IBM in 1924, it is one of the world’s largest technology companies. IBM is known for its contributions to computer hardware, software, cloud computing, and artificial intelligence. Historically, it has played a significant role in the development of information technology and has numerous patents and innovations attributed to it, including the invention of the personal computer (PC) and advances in enterprise database management and mainframe computing. The company also focuses on areas such as blockchain, quantum computing, and cognitive computing.
NHK is suing IBM Japan for ¥5.47 billion over a terminated contract related to a critical system overhaul. The lawsuit follows IBM's sudden request for an 18-month extension and a…