IBM has given its investors a sign that Big Blue may finally be turning things around. Revenue increased for the first time in a key unit -- cognitive solutions, including its Watson artificial intelligence platform -- that the company has been touting as crucial to future growth. The results may signal that Chief Executive Officer Ginni Rometty is making good on her promise to shift IBM's software and services offerings to match customers' increasing appetite for cloud-based solutions. It's been an uphill battle. Overall, sales have declined for 17 quarters in a row, while margins have also narrowed.

Google acquired Kifi, an app for collecting links from across the Internet, which teams could then collaborate on. No financial terms of the deal were disclosed. The Kifi service and data will not become part of Google. The service will remain fully functional for existing users for a few more weeks, before its shut down. The company is no longer accepting new registrations. The team at Kifi will be joining the Spaces team at Google.

SEOUL--Samsung Electronics Co. said it will acquire a stake in BYD Co. via the Chinese electric vehicle and battery maker's 2.3 billion share sale, as the South Korean technology giant bets on the automotive market to drive growth. Samsung's latest move comes as more technology companies tap into the automotive industry as it undergoes a shift toward next-generation vehicles such as electric and self-driving cars.

Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay's latest acquisition that will support its artificial intelligence, machine learning and data science efforts. It follows eBay's recent acquisition of Expertmaker, in order to further bolster our structured data efforts. Financial terms of the deal were not disclosed. Upon the close of the transaction, a number of SalesPredict's employees will join eBay's structured data organization, working from eBay's Israeli Development Center in Netanya.

Customer attrition, also known as customer churn, customer turnover, or customer defection, is the loss of clients or customers. Banks, telephone service companies, Internet service providers, pay TV companies, insurance firms, and alarm monitoring services, often use customer attrition analysis and customer attrition rates as one of their key business metrics (along with cash flow, EBITDA, etc.) because the cost of retaining an existing customer is far less than acquiring a new one. Companies from these sectors often have customer service branches which attempt to win back defecting clients, because recovered long-term customers can be worth much more to a company than newly recruited clients. Churn prediction is one of the most popular Big Data use cases in business. It consists of detecting customers who are likely to cancel a subscription to a service.

Microsoft CEO Satya Nadella, at left, with Jeff Immelt, CEO of GE. (Photo: Brian Smale) Microsoft and GE are joining forces to use cloud technologies in industrial production. GE will bring its Predix industrial data-gathering operating system to Microsoft's Azure cloud computing platform, the two companies announced Monday at the Microsoft Worldwide Partner Conference in Toronto. The deal is the first in a planned strategic partnership between GE and Microsoft. "Every industry and every company around the world is being transformed by digital technology," said Microsoft CEO Satya Nadella in a statement announcing the partnership. "Working with companies like GE, we can reach a new set of customers to help them accelerate their transformation across every line of business -- from the factory floor to smart buildings."

Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay's latest acquisition that will support its artificial intelligence, machine learning and data science efforts. It follows eBay's recent acquisition of Expertmaker, in order to further bolster our structured data efforts. Financial terms of the deal were not disclosed. Upon the close of the transaction, a number of SalesPredict's employees will join eBay's structured data organization, working from eBay's Israeli Development Center in Netanya.

Google has announced a deal to acquire Moodstock, a French startup that builds technology which helps smartphone devices recognize images and objects. The acquisition is aimed at boosting AI development of Google. Moodstock's work in computer vision and machine learning and its technology behind smartphones being able to recognize images and objects was the reason behind Google's interest. Google is among Silicon Valley titans investing in ways to get computers to see and understand the world around them the way people do. Machine learning has been woven into an array of Google offerings, such as its free language translation and photo services.

Google buys machine vision startup focusing on'instant object recognition' It's a good time to be a machine learning startup. Two weeks after Twitter bought, has purchased . The acquisition was made for an unknown sum, and seems primarily a grab for talent. Moodstocks' engineers and researchers will move to Google's Paris R&D site, and the startup's primary commercial product -- an image recognition API for smartphones -- will be phased out. "Ever since we started Moodstocks, our Read More ... Tags: Computer systems Artificial intelligence Machine intelligence Machine learning Places: Americas North America United States Google today announced it has acquired French machine learning startup Moodstocks for an undisclosed sum. The deal is expected to close in the next few weeks and seems to be focused primarily on the talent, with the team at Moodstocks moving to Google's Paris R&D site, and its image recognition API for smartphones to be gradually phased out.

Apparently, a crash related to Tesla's autopilot feature was material, before it wasn't. On Tuesday, Fortune reported that Elon Musk and Tesla Motors may have withheld a material fact from shareholders when it failed to disclose that a driver had died using the semi-self driving "autopilot" feature in one of the company's vehicles. The fatal accident, the first known case related to the autopilot feature, occurred 11 days before Musk and Tesla sold 2 billion shares in an offering on May 18. Yet the company made no mention of the crash in its offering documents. The news of the accident didn't come out until last week, when it was reported by federal highway authorities--six weeks after the offering.