SEC investigates IBM’s cloud computing revenue

IBM says federal regulators are looking into how the company reports sales for its cloud-computing business. The technology company disclosed in a regulatory filing Wednesday that it learned in May that the Securities and Exchange Commission was conducting an investigation. International Business Machines Corp. started its cloud business in 2007 and has spent billions since then acquiring related businesses. It announced in June that it planned to buy cloud computing company SoftLayer Technologi...

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