IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.

World markets mostly rose on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut its key interest rate to by a quarter-point to 2.

Samsung Electronics announced its collaboration with IBM as the mission-critical (MCX) solution provider for the UK’s Home Office, supporting a User Services deployment as part of the Emergency Services Network (ESN).

From IBM's solid quarterly numbers to Microsoft's weak earnings show, here's a look at some of the major developments from across the world.

The Home Office revealed this week it had chosen IBM to support the modernization of the UK's Emergency Services Network (ESN) following a series of delays by previous suppliers. Vendors Ericsson and Samsung have both separately revealed they will support IBM's role in the ESN.

The Financing segment offers client and commercial financing, facilitates IBM clients’ acquisition ... Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly ...