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Sec Not To Recommend Action Against Ibm On Cloud Revenue


Ron Burgundy
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Visitors walk past the IBM booth at the 9th China International Software Product & Information Service Expo in Nanjing(Reuters) - The U.S. Securities and Exchange Commission has completed its probe on how International Business Machines Corp reports revenue from its cloud computing business and does not intend to recommend any enforcement action, the company said. The company said last July that it was facing an investigation from the Division of Enforcement of the SEC as to how it reported its cloud computing business revenue.




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