ARMONK, N.Y. – Ginni Rometty, the first female CEO in IBM's century-long history, is leaving the helm in April.
Rometty, 62, will remain IBM's executive chairwoman until the end of the year. Her departure caps nearly 40 years with a technology giant famous for its conservative corporate culture. Rometty became IBM CEO eight years ago after previously overseeing sales and marketing.
IBM said Thursday that Arvind Krishna will take over as CEO starting April 6. He has been IBM's senior vice president for cloud computing and cognitive software and also has a long career at the company.
INBiz portal achieves half-million users
Approaching its four-year anniversary, INBiz has reached a new milestone. Since April 2016, more than 500,000 users have signed up to do business through Indiana's one-stop business portal.
INBiz services are catered to Hoosier business owners. INBiz users can easily register, start and expand their business, as well as ensure they are compliant with state laws and regulations.
The INBiz one-stop business portal allows business owners to spend more time running their business and less time being transferred across different agencies to ensure basic compliance, the secretary of state's office said in a news release last week.
INBiz has received national recognition, including the 2018 Government Achievement Award and the 2019 Public Relations Society of America Hoosier Chapter's Best in Show Award.
Apple, Broadcom liable in patent case
A federal jury in Los Angeles decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing on patents.
Apple was on the hook for nearly $838 million of the damages awarded in a lawsuit that said Broadcom used its patented Wi-Fi data transmission technology in computer chips that went into iPhones, iPads, Apple Watches and other Apple devices.
Apple and Broadcom are expected to appeal.