Phil Jackson, who has won 11 National Basketball Association championships as a coach, was offered a front-office position with the New York Knicks, according to the New York Daily News.
The New York Knicks waived forward Metta World Peace and guard Beno Udrih after negotiating contract buyouts with the veterans, both of whom failed to get regular playing time this season.
International Business Machines Corp. agreed to sell its low-end server business for $2.3 billion to Lenovo Group Ltd., decreasing its reliance on computer hardware as sales of the products plunge.
International Business Machines Corp.’s borrowing costs are rising even as those of its peers fall, underscoring concerns that the world’s largest seller of computer services is struggling to find its place in the cloud.
Steve Mills, who previously worked in the front office of the New York Knicks, is returning to the National Basketball Association franchise as its president and general manager.
Banking clients at DBS Group Holdings Ltd. will soon get investing assistance from Watson, the same International Business Machines Corp. technology that triumphed over human “Jeopardy!” contestants.
International Business Machines Corp. is confident the $2.3 billion purchase of its server unit by China’s Lenovo Group Ltd. will clear a U.S. national-security review, an IBM executive said.
International Business Machines Corp. is planning more acquisitions to fuel growth in its $22.5 billion software business, Senior Vice President Steve Mills said in an interview.
The Los Angeles Lakers’ hiring of Mike D’Antoni as coach indicates Kobe Bryant’s influence with team management is waning, said Steve Mills, a former president of Madison Square Garden sports.
"We're disappointed that it did not work out for Beno and Metta."
- Steve Mills on Feb 24, 2014