Posted Jun. 3, 2014 at 7:06 a.m.

Premium Lock IBM: SEC plans no 'action' in cloud service revenue probe

Published: 2014-06-03 07:06:12
Updated: 2014-06-03 07:06:12

IBM                     IBM
Tags: IBM

In an SEC filing, IBM says the Securities and Exchange Commission has wrapped up an investigation into how Big Blue reports "cloud computing" revenues and will not take any action. However, The Wall Street Journal notes that IBM has changed how it cites cloud revenues in earnings reports....

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