ASK Group, Inc. , formerly ASK Computer Systems, Inc. , was a producer of business and manufacturing software. It is best remembered for its Manman enterprise resource planning (ERP) software and for Sandra Kurtzig , the company's founder and one of the early female pioneers in the computer industry . At its peak, ASK had 91 offices in 15 countries before Computer Associates acquired the company in 1994.
132-499: ASK was started in 1972 by Sandra Kurtzig in California . She left her job as a marketing specialist at General Electric and invested $ 2,000 of her savings to start the company in the apartment she shared with her HP salesman husband. At first, the firm built software for a variety of business applications. ASK was incorporated in 1974. In 1978, Kurtzig came up with ASK's most significant product, named Manman (originally "MaMa"),
264-469: A contraction of manufacturing management . Manman was an ERP program that ran on Hewlett-Packard HP-3000 minicomputers . Manman helped manufacturing companies plan materials purchases, production schedules, and other administrative functions on a scale that was previously possible only on large, costly mainframe computers . Manman initially had a five-figure software price and was aimed at small and medium-sized manufacturers. Small companies desiring
396-575: A neuromorphic CMOS integrated circuit and announced a $ 3 billion investment over the following five years to design a neural chip that mimics the human brain, with 10 billion neurons and 100 trillion synapses, but that uses just 1 kilowatt of power. In 2016, the company launched all-flash arrays designed for small and midsized companies, which includes software for data compression, provisioning, and snapshots across various systems. In January 2019, IBM introduced its first commercial quantum computer: IBM Q System One . In March 2020, it
528-784: A state in the Western United States , lying on the American Pacific Coast . It borders Oregon to the north, Nevada and Arizona to the east, and shares an international border with the Mexican state of Baja California to the south. With nearly 39 million residents across an area of 163,696 square miles (423,970 km ), it is the most populous U.S. state, the third-largest by area, and most populated subnational entity in North America . Prior to European colonization , California
660-473: A Caliph) on their way to Guerrero, Mexico where they played a future role in the wars of independence . Sebastián Vizcaíno explored and mapped the coast of California in 1602 for New Spain , putting ashore in Monterey . Despite the on-the-ground explorations of California in the 16th century, Rodríguez's idea of California as an island persisted. Such depictions appeared on many European maps well into
792-649: A Hollerith department called Hollerith Abteilung, which had IBM machines, including calculating and sorting machines. IBM as a military contractor produced 6% of the M1 Carbine rifles used in World War II, about 346,500 of them, between August 1943 and May. IBM built the Automatic Sequence Controlled Calculator , an electromechanical computer, during World War II. It offered its first commercial stored-program computer,
924-459: A Spanish navigator." The name most likely derived from the mythical island of California in the fictional story of Queen Calafia , as recorded in a 1510 work The Adventures of Esplandián by Garci Rodríguez de Montalvo . Queen Calafia's kingdom was said to be a remote land rich in gold and pearls, inhabited by beautiful Black women who wore gold armor and lived like Amazons , as well as griffins and other strange beasts. Abbreviations of
1056-598: A commodity until the 1849 California Gold Rush . From the 1820s, trappers and settlers from the United States and Canada began to arrive in Northern California. These new arrivals used the Siskiyou Trail , California Trail , Oregon Trail and Old Spanish Trail to cross the rugged mountains and harsh deserts in and surrounding California. The early government of the newly independent Mexico
1188-581: A consequence, IBM quickly began losing its market dominance to emerging competitors in the PC market. In 1985, IBM collaborated with Microsoft to develop a new operating system , which was released as OS/2 . Following a dispute, Microsoft severed the collaboration and IBM continued development of OS/2 on its own but it failed in the marketplace against Microsoft's Windows during the mid-1990s. In 1991 IBM began spinning off its many divisions into autonomous subsidiaries (so-called "Baby Blues") in an attempt to make
1320-677: A fifth company, the Computing-Tabulating-Recording Company (CTR) based in Endicott, New York. The five companies had 1,300 employees and offices and plants in Endicott and Binghamton , New York; Dayton, Ohio ; Detroit, Michigan ; Washington, D.C. ; and Toronto , Canada. Collectively, the companies manufactured a wide array of machinery for sale and lease, ranging from commercial scales and industrial time recorders, meat and cheese slicers, to tabulators and punched cards. Thomas J. Watson, Sr. , fired from
1452-447: A focus on customer service, an insistence on well-groomed, dark-suited salesmen and had an evangelical fervor for instilling company pride and loyalty in every worker". His favorite slogan, " THINK ", became a mantra for each company's employees. During Watson's first four years, revenues reached $ 9 million ($ 158 million today) and the company's operations expanded to Europe, South America, Asia and Australia. Watson never liked
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#17327901925361584-576: A free state, the "loitering or orphaned Indians", were de facto enslaved by their new Anglo-American masters under the 1850 Act for the Government and Protection of Indians . One of these de facto slave auctions was approved by the Los Angeles City Council and occurred for nearly twenty years. There were many massacres in which hundreds of indigenous people were killed by settlers for their land. Between 1850 and 1860,
1716-624: A modest home which in the 1960s cost $ 25,000 would cost half a million dollars or more in urban areas by 2005. More people commuted longer hours to afford a home in more rural areas while earning larger salaries in the urban areas. Speculators bought houses, expecting to make a huge profit in months, then rolling it over by buying more properties. Mortgage companies were compliant, as people assumed prices would keep rising. The bubble burst in 2007–8 as prices began to crash. Hundreds of billions in property values vanished and foreclosures soared, as financial institutions and investors were badly hurt. In
1848-469: A part of Mexico. In 1846, the total settler population of the western part of the old Alta California had been estimated to be no more than 8,000, plus about 100,000 Native Americans, down from about 300,000 before Hispanic settlement in 1769. In 1848, only one week before the official American annexation of the area, gold was discovered in California, this being an event which was to forever alter both
1980-562: A result, there was a limit to the number of terminals that can be installed. Digital Equipment added DECnet to their systems allowing for more terminals to be connected to their computers. ASK quickly created a version of their software that ran on the Digital hardware. This allowed larger companies to switch hardware platforms while continuing to use MANMAN/Mfg software suite. Seagate Technology's corporate headquarters and 4 disk drive production facilities required more user connections than
2112-626: A separate lawsuit. In 2015, IBM bought the digital part of The Weather Company , Truven Health Analytics for $ 2.6 billion in 2016, and in October 2018, IBM announced its intention to acquire Red Hat for $ 34 billion, which was completed on July 9, 2019. In February 2020, IBM's John Kelly III joined Brad Smith of Microsoft to sign a pledge with the Vatican to ensure the ethical use and practice of Artificial Intelligence (AI) . IBM announced in October 2020 that it would divest
2244-480: A sharp drop in profit margins during the second quarter of fiscal year 1992; market analysts attributed the drop to a fierce price war in the personal computer market over the summer of 1992. The corporate restructuring was one of the largest and most expensive in history up to that point. By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and
2376-748: A short break in 1862 when legislative sessions were held in San Francisco due to flooding in Sacramento . Once the state's Constitutional Convention had finalized its state constitution, it applied to the U.S. Congress for admission to statehood . On September 9, 1850, as part of the Compromise of 1850 , California became a free state and September 9 a state holiday . During the American Civil War (1861–1865), California sent gold shipments eastward to Washington in support of
2508-612: A state Constitutional Convention was first held in Monterey. Among the first tasks of the convention was a decision on a location for the new state capital. The first full legislative sessions were held in San Jose (1850–1851). Subsequent locations included Vallejo (1852–1853), and nearby Benicia (1853–1854); these locations eventually proved to be inadequate as well. The capital has been located in Sacramento since 1854 with only
2640-404: A well-run manufacturing operation." Modules for payroll, budgeting and other analysis were also sold by ASK . During Manman 's early era when it was only running on HP-3000 systems, ASK would buy systems at a discount and resell them "with its programs for $ 125,000 to $ 300,000" as turnkey . In the mid 1980s, HP's hardware required direct connection of the terminals to the mini-computer. As
2772-621: Is Sacramento . The state's diverse geography ranges from the Pacific Coast and metropolitan areas in the west to the Sierra Nevada mountains in the east, and from the redwood and Douglas fir forests in the northwest to the Mojave Desert in the southeast. Two-thirds of the nation's earthquake risk lies in California. The Central Valley , a fertile agricultural area, dominates the state's center. The large size of
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#17327901925362904-526: Is the home of Hollywood , the oldest and one of the largest film industries in the world, profoundly influencing global entertainment. The San Francisco Bay and the Greater Los Angeles areas are seen as the centers of the global technology and U.S. film industries, respectively. The Spaniards gave the name Las Californias to the peninsula of Baja California (in modern-day Mexico). As Spanish explorers and settlers moved north and inland,
3036-440: Is the largest shareholder of IBM and as of March 31, 2023, held 15.7% of total shares outstanding. In 2011, IBM became the first technology company Warren Buffett 's holding company Berkshire Hathaway invested in. Initially he bought 64 million shares costing $ 10.5 billion. Over the years, Buffett increased his IBM holdings, but by the end of 2017 had reduced them by 94.5% to 2.05 million shares; by May 2018, he
3168-504: The Battle of Providencia near Los Angeles, he convinced each side that they had no reason to be fighting each other. As a result of Marsh's actions, they abandoned the fight, Micheltorena was defeated, and California-born Pio Pico was returned to the governorship. This paved the way to California's ultimate acquisition by the United States. In 1846, a group of American settlers in and around Sonoma rebelled against Mexican rule during
3300-652: The Bear Flag Revolt . Afterward, rebels raised the Bear Flag (featuring a bear, a star, a red stripe and the words "California Republic") at Sonoma. The Republic's only president was William B. Ide , who played a pivotal role during the Bear Flag Revolt. This revolt by American settlers served as a prelude to the later American military invasion of California and was closely coordinated with nearby American military commanders. The California Republic
3432-715: The California Master Plan for Higher Education in 1960 to develop an efficient system of public education. Meanwhile, attracted to the mild Mediterranean climate, cheap land, and the state's variety of geography, filmmakers established the studio system in Hollywood in the 1920s. California manufactured 9% of US armaments produced during World War II , ranking third behind New York and Michigan . California easily ranked first in production of military ships at drydock facilities in San Diego, Los Angeles, and
3564-574: The FORTRAN scientific programming language was developed. In 1961, IBM developed the SABRE reservation system for American Airlines and introduced the highly successful Selectric typewriter. In 1963, IBM employees and computers helped NASA track the orbital flights of the Mercury astronauts. A year later, it moved its corporate headquarters from New York City to Armonk, New York. The latter half of
3696-566: The Graham Affair , which was resolved in part with the intercession of Royal Navy officials. One of the largest ranchers in California was John Marsh . After failing to obtain justice against squatters on his land from the Mexican courts, he determined that California should become part of the United States. Marsh conducted a letter-writing campaign espousing the California climate, the soil, and other reasons to settle there, as well as
3828-851: The IBM Rome Software Lab (Rome, Italy), Hursley House (Winchester, UK), 330 North Wabash (Chicago, Illinois, United States), the Cambridge Scientific Center (Cambridge, Massachusetts, United States), the IBM Toronto Software Lab (Toronto, Canada), the IBM Building, Johannesburg (Johannesburg, South Africa), the IBM Building (Seattle) (Seattle, Washington, United States), the IBM Hakozaki Facility (Tokyo, Japan),
3960-888: The IBM Yamato Facility (Yamato, Japan), the IBM Canada Head Office Building (Ontario, Canada) and the Watson IoT Headquarters (Munich, Germany). Defunct IBM campuses include the IBM Somers Office Complex (Somers, New York), Spango Valley (Greenock, Scotland), and Tour Descartes (Paris, France). The company's contributions to industrial architecture and design include works by Marcel Breuer , Eero Saarinen , Ludwig Mies van der Rohe , I.M. Pei and Ricardo Legorreta . Van der Rohe's building in Chicago
4092-553: The Indigenous people of California had not yet developed a natural immunity. Under its new American administration, California's first governor Peter Hardeman Burnett instituted policies that have been described as a state-sanctioned policy of elimination of California's indigenous people. Burnett announced in 1851 in his Second Annual Message to the Legislature: "That a war of extermination will continue to be waged between
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4224-505: The Ingres Corporation , a declining software company that developed the database management system called Ingres . The deal called for 30 percent of ASK to be sold to Hewlett-Packard and Electronic Data Systems (EDS) for a total of $ 60 million, which in turn enabled ASK to pay $ 110 million for Ingres. ASK's stockholders complained about this strange multi-way financing move. Shareholder James Lennane, who held ten percent of
4356-544: The National Cash Register Company by John Henry Patterson , called on Flint and, in 1914, was offered a position at CTR. Watson joined CTR as general manager and then, 11 months later, was made President when antitrust cases relating to his time at NCR were resolved. Having learned Patterson's pioneering business practices, Watson proceeded to put the stamp of NCR onto CTR's companies. He implemented sales conventions, "generous sales incentives,
4488-616: The Presidio of San Diego , the first religious and military settlements founded by the Spanish in California. By the end of the expedition in 1770, they would establish the Presidio of Monterey and Mission San Carlos Borromeo de Carmelo on Monterey Bay. After the Portolà expedition, Spanish missionaries led by Father-President Serra set out to establish 21 Spanish missions of California along El Camino Real ("The Royal Road") and along
4620-716: The Route 66 . From 1900 to 1965, the population grew from fewer than one million to the greatest in the Union. In 1940, the Census Bureau reported California's population as 6% Hispanic, 2.4% Asian, and 90% non-Hispanic white. To meet the population's needs, engineering feats like the California and Los Angeles Aqueducts ; the Oroville and Shasta Dams ; and the Bay and Golden Gate Bridges were built. The state government adopted
4752-527: The Treaty of Guadalupe Hidalgo (February 2, 1848) that ended the war, the westernmost portion of the annexed Mexican territory of Alta California soon became the American state of California, and the remainder of the old territory was then subdivided into the new American Territories of Arizona, Nevada, Colorado and Utah . The even more lightly populated and arid lower region of old Baja California remained as
4884-681: The Universal Product Code . IBM and the World Bank first introduced financial swaps to the public in 1981, when they entered into a swap agreement. IBM entered the microcomputer market in the 1980s with the IBM Personal Computer (IBM 5150), which soon became known as the PC , one of IBM's best selling products. Due to a lack of foresight by IBM, the PC was not well protected by intellectual property laws. As
5016-673: The coast of California were the members of a Spanish maritime expedition led by Portuguese captain Juan Rodríguez Cabrillo in 1542. Cabrillo was commissioned by Antonio de Mendoza , the Viceroy of New Spain , to lead an expedition up the Pacific coast in search of trade opportunities; they entered San Diego Bay on September 28, 1542, and reached at least as far north as San Miguel Island . Privateer and explorer Francis Drake explored and claimed an undefined portion of
5148-410: The magnetic stripe card that would become ubiquitous for credit/debit/ATM cards, driver's licenses, rapid transit cards and a multitude of other identity and access control applications. IBM pioneered the manufacture of these cards, and for most of the 1970s, the data processing systems and software for such applications ran exclusively on IBM computers. In 1974, IBM engineer George J. Laurer developed
5280-541: The trademark IBM ), nicknamed Big Blue , is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average . IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held
5412-513: The 18th century. The Portolá expedition of 1769–70 was a pivotal event in the Spanish colonization of California, resulting in the establishment of numerous missions, presidios , and pueblos . The military and civil contingent of the expedition was led by Gaspar de Portolá , who traveled over land from Sonora into California, while the religious component was headed by Junípero Serra , who came by sea from Baja California . In 1769, Portolá and Serra established Mission San Diego de Alcalá and
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5544-531: The 1960s and 1970s, the IBM mainframe , exemplified by the System/360 , was the world's dominant computing platform , with the company producing 80 percent of computers in the U.S. and 70 percent of computers worldwide. IBM debuted in the microcomputer market in 1981 with the IBM Personal Computer , — its DOS software provided by Microsoft , — which became the basis for the majority of personal computers to
5676-577: The 1960s saw IBM continue its support of space exploration, participating in the 1965 Gemini flights, 1966 Saturn flights, and 1969 lunar mission. IBM also developed and manufactured the Saturn V's Instrument Unit and Apollo spacecraft guidance computers. On April 7, 1964, IBM launched the first computer system family, the IBM System/360 . It spanned the complete range of commercial and scientific applications from large to small, allowing companies for
5808-491: The 1992 Rodney King riots. California was the hub of the Black Panther Party , known for arming African Americans to defend against racial injustice. Mexican, Filipino, and other migrant farm workers rallied in the state around Cesar Chavez for better pay in the 1960s and 70s. During the 20th century, two great disasters happened: the 1906 San Francisco earthquake and 1928 St. Francis Dam flood remain
5940-403: The 21st century, droughts and frequent wildfires attributed to climate change have occurred. From 2011 to 2017, a persistent drought was the worst in its recorded history. The 2018 wildfire season was the state's deadliest and most destructive. One of the first confirmed COVID-19 cases in the United States occurred in California on January 26, 2020. A state of emergency was declared in
6072-865: The 21st century. As one of the world's oldest and largest technology companies, IBM has been responsible for several technological innovations , including the automated teller machine (ATM), dynamic random-access memory (DRAM), the floppy disk , the hard disk drive , the magnetic stripe card , the relational database , the SQL programming language , and the UPC barcode . The company has made inroads in advanced computer chips , quantum computing , artificial intelligence , and data infrastructure . IBM employees and alumni have won various recognitions for their scientific research and inventions, including six Nobel Prizes and six Turing Awards . IBM originated with several technological innovations developed and commercialized in
6204-522: The California coast in 1579, landing north of the future city of San Francisco . The first Asians to set foot on what would be the United States occurred in 1587, when Filipino sailors arrived in Spanish ships at Morro Bay . Coincidentally the descendants of the Muslim Caliph Hasan ibn Ali in formerly Islamic Manila and had converted, then mixed Christianity with Islam, upon Spanish conquest, transited through California (Named after
6336-526: The California coast, 16 sites of which having been chosen during the Portolá expedition. Numerous major cities in California grew out of missions, including San Francisco ( Mission San Francisco de Asís ), San Diego ( Mission San Diego de Alcalá ), Ventura ( Mission San Buenaventura ), or Santa Barbara ( Mission Santa Barbara ), among others. Juan Bautista de Anza led a similarly important expedition throughout California in 1775–76, which would extend deeper into
6468-534: The California government in 2022. These groups were also diverse in their political organization, with bands, tribes, villages, and, on the resource-rich coasts, large chiefdoms , such as the Chumash , Pomo and Salinan . Trade, intermarriage, craft specialists, and military alliances fostered social and economic relationships between many groups. Although nations would sometimes war, most armed conflicts were between groups of men for vengeance . Acquiring territory
6600-443: The California state government paid around 1.5 million dollars (some 250,000 of which was reimbursed by the federal government) to hire militias with the stated purpose of protecting settlers, however these militias perpetrated numerous massacres of indigenous people. Indigenous people were also forcibly moved to reservations and rancherias, which were often small and isolated and without enough natural resources or funding from
6732-586: The HP Systems would allow. As a result of HP's system limitations, Seagate Technology was one of the first companies to take advantage of the Digital Equipment VAX platform. Seagate became one of over 750 companies to use the MANMAN suite on VAX hardware. HP soon added networking. In the end, over 2000 companies used MANMAN/MFG on HP hardware systems. California California is
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#17327901925366864-490: The IBM PC Co. was dissolved and merged into IBM Personal Systems Group. In 2002 IBM acquired PwC Consulting, the consulting arm of PwC which was merged into its IBM Global Services . On September 14, 2004, LG and IBM announced that their business alliance in the South Korean market would end at the end of that year. Both companies stated that it was unrelated to the charges of bribery earlier that year. Xnote
6996-561: The IBM Power Personal Systems Group, the former an attempt to design and market " clone " computers of IBM's own architecture and the latter responsible for IBM's PowerPC -based workstations . IBM PC Co. introduced the ThinkPad clone computers, which IBM would heavily market and would eventually become one of the best-selling series of notebook computers . In 1993, IBM posted an $ 8 billion loss – at
7128-789: The IBM website. On June 7, Krishna announced that IBM would carry out an "orderly wind-down" of its operations in Russia. In late 2022, IBM started a collaboration with new Japanese manufacturer Rapidus , which led GlobalFoundries to file a lawsuit against IBM the following year. In 2023, IBM acquired Manta Software Inc. to complement its data and A.I. governance capabilities for an undisclosed amount. On November 16, 2023, IBM suspended ads on Twitter after ads were found next to pro-Nazi content. In December 2023, IBM announced it would acquire Software AG 's StreamSets and webMethods platforms for €2.13 billion ($ 2.33 billion). IBM's market capitalization
7260-551: The Managed Infrastructure Services unit of its Global Technology Services division into a new public company. The new company, Kyndryl , will have 90,000 employees, 4,600 clients in 115 countries, with a backlog of $ 60 billion. IBM's spin off was greater than any of its previous divestitures, and welcomed by investors. IBM appointed Martin Schroeter, who had been IBM's CFO from 2014 through
7392-624: The San Francisco Bay Area. Due to the hiring opportunities California offered during the conflict, the population multiplied from the immigration it received due to the work in its war factories, military bases, and training facilities. After World War II, California's economy expanded due to strong aerospace and defense industries, whose size decreased following the end of the Cold War . Stanford University began encouraging faculty and graduates to stay instead of leaving
7524-434: The U.S. Army. In the 20th century, thousands of Japanese people migrated to California. The state in 1913 passed the Alien Land Act , excluding Asian immigrants from owning land. During World War II, Japanese Americans in California were interned in concentration camps; in 2020, California apologized. Migration to California accelerated during the early 20th century with the completion of transcontinental highways like
7656-454: The Union . However, due to the existence of a large contingent of pro-South sympathizers within the state, the state was not able to muster any full military regiments to send eastwards to officially serve in the Union war effort. Still, several smaller military units within the Union army, such as the "California 100 Company" , were unofficially associated with the state of California due to a majority of their members being from California. At
7788-451: The Weather Channel mobile app. Also that year, IBM employees created the film A Boy and His Atom , which was the first molecule movie to tell a story. In 2016, IBM acquired video conferencing service Ustream and formed a new cloud video unit. In April 2016, it posted a 14-year low in quarterly sales. The following month, Groupon sued IBM accusing it of patent infringement, two months after IBM accused Groupon of patent infringement in
7920-410: The antitrust laws in IBM's actions directed against leasing companies and plug-compatible peripheral manufacturers. Shortly after, IBM unbundled its software and services in what many observers believed was a direct result of the lawsuit, creating a competitive market for software. In 1982, the Department of Justice dropped the case as "without merit". Also in 1969, IBM engineer Forrest Parry invented
8052-454: The best land in the state, were secularized by 1834 and became the property of the Mexican government. The governor granted many square leagues of land to others with political influence. These huge ranchos or cattle ranches emerged as the dominant institutions of Mexican California. The ranchos developed under ownership by Californios (Hispanics native of California) who traded cowhides and tallow with Boston merchants. Beef did not become
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#17327901925368184-464: The best route to follow, which became known as "Marsh's route". His letters were read, reread, passed around, and printed in newspapers throughout the country, and started the first wagon trains rolling to California. After ushering in the period of organized emigration to California, Marsh became involved in a military battle between the much-hated Mexican general, Manuel Micheltorena and the California governor he had replaced, Juan Bautista Alvarado. At
8316-406: The cash burn rate for the company; the product faltered. In June 1984, Kurtzig announced that she was shutting down ASK Micro, at a cost of $ 1 million, and auctioning off the rights to Accounting Plus . ASK also failed at rescaling Manman to run on personal computers . Of the company's failings in the emerging personal computer market, Kurtzig told BusinessWeek , "We have our fingerprints all over
8448-490: The city's seventh tallest building and overlooking Beijing National Stadium ("Bird's Nest") , home to the 2008 Summer Olympics . IBM India Private Limited is the Indian subsidiary of IBM, which is headquartered at Bangalore , Karnataka. It has facilities in Coimbatore , Chennai , Kochi , Ahmedabad , Delhi , Kolkata , Mumbai , Pune , Gurugram , Noida , Bhubaneshwar , Surat , Visakhapatnam , Hyderabad , Bangalore and Jamshedpur . Other notable buildings include
8580-560: The clumsy hyphenated name "Computing-Tabulating-Recording Company" and chose to replace it with the more expansive title "International Business Machines" which had previously been used as the name of CTR's Canadian Division; the name was changed on February 14, 1924. By 1933, most of the subsidiaries had been merged into one company, IBM. The Nazis made extensive use of Hollerith punch card and alphabetical accounting equipment and IBM's majority-owned German subsidiary, Deutsche Hollerith Maschinen GmbH ( Dehomag ), supplied this equipment from
8712-461: The company designed a video surveillance system for Davao City . In 2014 IBM announced it would sell its x86 server division to Lenovo for $ 2.1 billion. while continuing to offer Power ISA -based servers. Also that year, IBM began announcing several major partnerships with other companies, including Apple Inc. , Twitter, Facebook, Tencent , Cisco , UnderArmour , Box , Microsoft , VMware , CSC , Macy's , Sesame Workshop ,
8844-475: The company introduced Manman/X, an update of its flagship product. Manman/x was built on the code base of a product called Triton 2.2d, from a little known Dutch company called Baan. ASK had acquired the rights to the code base and distribution in the 1990s. In 1992 ASK was restructured to better reflect the nature of its operations. The company was renamed ASK Group, Inc., and comprised three business units — ASK Computer Systems, Data 3, and Ingres. With
8976-421: The company more manageable and to streamline IBM by having other investors finance those companies. These included AdStar , dedicated to disk drives and other data storage products; IBM Application Business Systems, dedicated to mid-range computers; IBM Enterprise Systems, dedicated to mainframes; Pennant Systems, dedicated to mid-range and large printers; Lexmark , dedicated to small printers; and more. Lexmark
9108-460: The company's Friday evening celebrations in an effort to reconnect upper level management with the company's employees. As part of this effort, Kurtzig instituted 360 degree reviews (where employees review bosses), hired entrepreneurial managers, spearheaded product entry into IBM and Sun Microsystems platforms, and opened international offices in Europe and Asia. The improvements resulted in 1989's earnings of $ 13.5 million. In 1990, ASK purchased
9240-704: The company's shares, announced he would try to oust the company's board of directors at the next shareholders' meeting . Despite this, Kurtzig's deal proceeded as planned. ASK already made use of Ingres software in its own work, linking the accounting and manufacturing departments of its clients to its own database. Hewlett-Packard made the hardware upon which much of ASK's software ran, and the ASK resold Hewlett-Packard products as part of its software packages. Both Hewlett-Packard and EDS had strong histories of involvement with manufacturing businesses, and this heritage promised to open more potential markets for ASK. Although this seemed like good news, ASK had mediocre results over
9372-508: The company, and in 1985 he took over her post of chief executive officer as well. Kurtzig attributed her declining interest in the business to family pressures, along with other factors. Divorced from her husband, Kurtzig devoted more time to raising her two sons, who were aged 12 and 9 at the time. Although the company remained profitable, ASK's earnings and sales declined in 1986, falling to $ 5.89 million on revenues of $ 76 million. ASK acquired NCA Corporation for $ 43 million in cash in 1987 which
9504-403: The company, and she accepted their invitation. Kurtzig spearheaded ASK's purchase of Data 3 Systems for $ 18.7 million, a privately owned competitor to ASK. In addition to this complementary expansion, Kurtzig began to revamp the way her old company had been run, shifting organization and priorities to new products. She changed such minor, but important, details as the quality of the food and beer at
9636-551: The conquest include the Battle of San Pasqual and the Battle of Dominguez Rancho in Southern California, as well as the Battle of Olómpali and the Battle of Santa Clara in Northern California. After a series of defensive battles in the south, the Treaty of Cahuenga was signed by the Californios on January 13, 1847, securing a censure and establishing de facto American control in California. Following
9768-535: The deadliest in U.S. history. Although air pollution has been reduced, health problems associated with pollution continue. Brown haze known as " smog " has been substantially abated after federal and state restrictions on automobile exhaust. An energy crisis in 2001 led to rolling blackouts , soaring power rates, and the importation of electricity from neighboring states. Southern California Edison and Pacific Gas and Electric Company came under heavy criticism. Housing prices in urban areas continued to increase;
9900-475: The early 1930s. This equipment was critical to Nazi efforts to categorize citizens of both Germany and other nations that fell under Nazi control through ongoing censuses. These census data were used to facilitate the round-up of Jews and other targeted groups, and to catalog their movements through the machinery of the Holocaust , including internment in the concentration camps. Nazi concentration camps operated
10032-553: The end of 2017, as CEO of Kyndryl. In 2021, IBM announced the acquisition of the enterprise software company Turbonomic for $ 1.5 billion. In January 2022, IBM announced it would sell Watson Health to private equity firm Francisco Partners . On March 7, 2022, a few days after the start of the Russian invasion of Ukraine , IBM CEO Arvind Krishna published a Ukrainian flag and announced that "we have suspended all business in Russia". All Russian articles were also removed from
10164-445: The enterprise-oriented Personal Systems Group of the IBM PC Co. into IBM's own Global Services personal computer consulting and customer service division. The resulting merged business units then became known simply as IBM Personal Systems Group. A year later, IBM stopped selling their computers at retail outlets after their market share in this sector had fallen considerably behind competitors Compaq and Dell . Immediately afterwards,
10296-435: The firm was worth more than $ 40 million. In March 1983 ASK made its first acquisition, purchasing a privately held software company named Software Dimensions, Inc., publisher of Accounting Plus , for $ 6 million. After acquiring Software Dimensions, Kurtzig renamed it ASK Micro and launched an aggressive marketing program. ASK over-hired and mismanaged the sales channel for the product, angering existing sellers and ballooning
10428-492: The first time to upgrade to models with greater computing capability without having to rewrite their applications. It was followed by the IBM System/370 in 1970. Together the 360 and 370 made the IBM mainframe the dominant mainframe computer and the dominant computing platform in the industry throughout this period and into the early 1980s. They and the operating systems that ran on them such as OS/VS1 and MVS , and
10560-626: The government to adequately sustain the populations living on them. As a result, settler colonialism was a calamity for indigenous people. Several scholars and Native American activists, including Benjamin Madley and Ed Castillo , have described the actions of the California government as a genocide , as well as the 40th governor of California Gavin Newsom . Benjamin Madley estimates that from 1846 to 1873, between 9,492 and 16,092 indigenous people were killed, including between 1,680 and 3,741 killed by
10692-459: The highest output of any U.S. state, and is led by its dairy , almonds , and grapes . With the busiest port in the country ( Los Angeles ), California plays a pivotal role in the global supply chain, hauling in about 40% of goods imported to the US. Notable contributions to popular culture , ranging from entertainment , sports , music , and fashion , have their origins in California. California
10824-410: The indigenous peoples developed complex forms of ecosystem management, including forest gardening to ensure the regular availability of food and medicinal plants . This was a form of sustainable agriculture . To mitigate destructive large wildfires from ravaging the natural environment, indigenous peoples developed a practice of controlled burning . This practice was recognized for its benefits by
10956-572: The interior and north of California. The Anza expedition selected numerous sites for missions, presidios, and pueblos, which subsequently would be established by settlers. Gabriel Moraga , a member of the expedition, would also christen many of California's prominent rivers with their names in 1775–1776, such as the Sacramento River and the San Joaquin River . After the expedition, Gabriel's son, José Joaquín Moraga , would found
11088-686: The larger ones. In New York City, IBM has several offices besides CHQ, including the IBM Watson headquarters at Astor Place in Manhattan. Outside of New York, major campuses in the United States include Austin, Texas ; Research Triangle Park (Raleigh-Durham), North Carolina ; Rochester, Minnesota ; and Silicon Valley, California . IBM's real estate holdings are varied and globally diverse. Towers occupied by IBM include 1250 René-Lévesque (Montreal, Canada) and One Atlantic Center (Atlanta, Georgia, US). In Beijing, China, IBM occupies Pangu Plaza ,
11220-531: The largest dam removal and river restoration project in US history was announced for the Klamath River , as a win for California tribes. Covering an area of 163,696 sq mi (423,970 km ), California is the third-largest state in the United States in area, after Alaska and Texas . California is one of the most geographically diverse states in the union and is often geographically bisected into two regions, Southern California , comprising
11352-570: The late 19th century. Julius E. Pitrap patented the computing scale in 1885; Alexander Dey invented the dial recorder (1888); Herman Hollerith patented the Electric Tabulating Machine (1889); and Willard Bundy invented a time clock to record workers' arrival and departure times on a paper tape (1889). On June 16, 1911, their four companies were amalgamated in New York State by Charles Ranlett Flint forming
11484-451: The latest being the IBM z series. The most recent model, the IBM z16 , was released in 2022. In 1990, IBM released the Power microprocessors , which were designed into many console gaming systems, including Xbox 360 , PlayStation 3 , and Nintendo 's Wii U . IBM Secure Blue is encryption hardware that can be built into microprocessors, and in 2014, the company revealed TrueNorth ,
11616-459: The least expensive implementation could use the software on a time-sharing contract. During the era when Manman was only running on HP-3000 systems, ASK would buy systems at a discount and resell them "with its programs for $ 125,000 to $ 300,000" as turnkey systems. Although ASK was initially named "standing for Arie and Sandra Kurtzig, although he is not an employee." Somewhat later, with her husband working for Hewlett Packard (HP); with
11748-425: The longer term. The key trends of IBM are (as at the financial year ending December 31): The company's 15-member board of directors are responsible for overall corporate management and includes the current or former CEOs of Anthem , Dow Chemical , Johnson and Johnson , Royal Dutch Shell , UPS , and Vanguard as well as the president of Cornell University and a retired U.S. Navy admiral . Vanguard Group
11880-598: The merger of ASK and Ingres completed, Kurtzig replaced herself as CEO in 1991, but remained non-executive chairman until 1992. Although ASK appeared to be on solid footing to face the computer industry's challenging, competitive environment, its fortunes continued to decline. ASK annual revenues reached nearly $ 1 billion before being acquired by Computer Associates in 1994. Manman was a family of Enterprise resource planning (ERP) marketed for Hewlett Packard HP-3000 and Digital Equipment Corporation (DEC) minicomputers . Its vendor, ASK Group , founded by Sandra Kurtzig ,
12012-585: The mid-1950s. There are two other IBM buildings within walking distance of CHQ: the North Castle office, which previously served as IBM's headquarters; and the Louis V. Gerstner, Jr., Center for Learning (formerly known as IBM Learning Center (ILC)), a resort hotel and training center, which has 182 guest rooms, 31 meeting rooms, and various amenities. IBM operates in 174 countries as of 2016 , with mobility centers in smaller market areas and major campuses in
12144-844: The middle of the state lies the California Central Valley , bounded by the Sierra Nevada in the east, the coastal mountain ranges in the west, the Cascade Range to the north and by the Tehachapi Mountains in the south. The Central Valley is California's productive agricultural heartland. Divided in two by the Sacramento-San Joaquin River Delta , the northern portion, the Sacramento Valley serves as
12276-613: The middleware built on top of those such as the CICS transaction processing monitor, had a near-monopoly-level market share and became the thing IBM was most known for during this period. In 1969, the United States of America alleged that IBM violated the Sherman Antitrust Act by monopolizing or attempting to monopolize the general-purpose electronic digital computer system market, specifically computers designed primarily for business, and subsequently alleged that IBM violated
12408-461: The murder weapon" that killed Software Dimensions. ASK never truly found its footing in the microcomputer market, and struggled to keep its market share from being eroded by competitors who offered similar solutions on smaller platforms. By the fall of 1984, ASK planned to offer a version of its original product, Manman, for about one-third of its previous price. Lower-priced minicomputers from Hewlett-Packard and Digital Equipment Corporation (DEC),
12540-479: The next several quarters, due to a lull in business while the company tried to bring new products to market. With its new purchases, ASK had moved beyond its original scope to become a much larger, global, diversified company. The unified ASK and Ingres group had yearly revenues of $ 400 million. In the early 1990s, ASK concentrated on the development and introduction of new products designed to provide communication between different computer systems and programs. In 1992
12672-400: The parent company of Sesame Street , and Salesforce.com . In 2015, its chip division transitioned to a fabless model with semiconductors design, offloading manufacturing to GlobalFoundries . In 2015, IBM announced three major acquisitions: Merge Healthcare for $ 1 billion, data storage vendor Cleversafe , and all digital assets from The Weather Company , including Weather.com and
12804-414: The population of San Francisco increased from 500 to 150,000. The seat of government for California under Spanish and later Mexican rule had been located in Monterey from 1777 until 1845. Pio Pico, the last Mexican governor of Alta California, had briefly moved the capital to Los Angeles in 1845. The United States consulate had also been located in Monterey, under consul Thomas O. Larkin . In 1849,
12936-401: The present day. The company later also found success in the portable space with the ThinkPad . Since the 1990s, IBM has concentrated on computer services , software , supercomputers , and scientific research ; it sold its microcomputer division to Lenovo in 2005. IBM continues to develop mainframes, and its supercomputers have consistently ranked among the most powerful in the world in
13068-450: The problem was that although not everyone knew what a relational database was, everyone wanted one.) ASK had lost its entrepreneurial edge. In the meantime, Kurtzig had spent her time traveling, writing her autobiography, and investing in other technology companies, but this proved to be unfulfilling. In mid-1989 the ASK managing board approached Kurtzig and asked her to resume an active role in
13200-515: The product's two hardware platforms, made this possible. The company hoped to protect its market share with smaller companies and emergent middle-range manufacturers. However, by 1985, ASK declined as its customers reduced expenditures. Exacerbating the problem, Kurtzig and her family also began selling off large blocks of their stock holdings in the company, which triggered a shareholder lawsuit. Kurtzig also backed away from ASK's day-to-day operations. In 1984, Kurtzig named Ronald W. Branniff president of
13332-733: The pueblo of San Jose in 1777, making it the first civilian-established city in California. During this same period, sailors from the Russian Empire explored along the northern coast of California. In 1812, the Russian-American Company established a trading post and small fortification at Fort Ross on the North Coast . Fort Ross was primarily used to supply Russia's Alaskan colonies with food supplies. The settlement did not meet much success, failing to attract settlers or establish long term trade viability, and
13464-469: The races until the Indian race becomes extinct must be expected. While we cannot anticipate the result with but painful regret, the inevitable destiny of the race is beyond the power and wisdom of man to avert." As in other American states, indigenous peoples were forcibly removed from their lands by American settlers , like miners, ranchers, and farmers. Although California had entered the American union as
13596-411: The record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021. IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems . During
13728-403: The region known as California , or Las Californias , grew. Eventually it included lands north of the peninsula, Alta California , part of which became the present-day U.S. state of California. A 2017 state legislative document states, "Numerous theories exist as to the origin and meaning of the word 'California, ' " and that all anyone knows is the name was added to a map by 1541 "presumably by
13860-404: The software being subsequently marketed both for HP's computers and those sold by Digital Equipment Corporation (DEC), Kurtzig said that "A" was for Associates . Manman was an enormous success and quickly came to dominate the market for manufacturing systems and software. ASK's fortunes rose as a result. The corporation went public in 1981. Two years later, Sandra Kurtzig's personal stake in
13992-654: The state as part of the Gold Rush or to seek work. Even though the Chinese proved indispensable in building the transcontinental railroad from California to Utah, perceived job competition with the Chinese led to anti-Chinese riots in the state, and eventually the US ended migration from China partially as a response to pressure from California with the 1882 Chinese Exclusion Act . Under earlier Spanish and Mexican rule, California's original native population had precipitously declined, above all, from Eurasian diseases to which
14124-521: The state on March 4, 2020, and remained in effect until Governor Gavin Newsom ended it in February 2023. A mandatory statewide stay-at-home order was issued on March 19, 2020, which was ended in January 2021. Cultural and language revitalization efforts among indigenous Californians have progressed among tribes as of 2022. Some land returns to indigenous stewardship have occurred. In 2022,
14256-430: The state results in climates that vary from moist temperate rainforest in the north to arid desert in the interior, as well as snowy alpine in the mountains . Droughts and wildfires are an ongoing issue. California's economy is the largest of any U.S. state, with a $ 4.0 trillion gross state product as of 2024 . It is the largest sub-national economy in the world. California's agricultural industry has
14388-515: The state's demographics and its finances. Soon afterward, a massive influx of immigration into the area resulted, as prospectors and miners arrived by the thousands. The population burgeoned with United States citizens, Europeans, Middle Easterns, Chinese and other immigrants during the great California gold rush . By the time of California's application for statehood in 1850, the settler population of California had multiplied to 100,000. By 1854, more than 300,000 settlers had come. Between 1847 and 1870,
14520-522: The state's name include CA, Cal., Calif., Califas , and US-CA . California was one of the most culturally and linguistically diverse areas in pre-Columbian North America . Historians generally agree that there were at least 300,000 people living in California prior to European colonization. The Indigenous peoples of California included more than 70 distinct ethnic groups , inhabiting environments ranging from mountains and deserts to islands and redwood forests. Living in these diverse geographic areas,
14652-620: The state, and develop a high-tech region, now known as Silicon Valley . As a result of this, California is a world center of the entertainment and music industries, of technology, engineering, and the aerospace industry, and as the US center of agricultural production. Just before the Dot Com Bust , California had the fifth-largest economy in the world. In the mid and late twentieth century, race-related incidents occurred. Tensions between police and African Americans, combined with unemployment and poverty in inner cities, led to riots, such as
14784-511: The ten southernmost counties, and Northern California , comprising the 48 northernmost counties. It is bordered by Oregon to the north, Nevada to the east and northeast, Arizona to the southeast, the Pacific Ocean to the west and shares an international border with the Mexican state of Baja California to the south (with which it makes up part of The Californias region of North America , alongside Baja California Sur ). In
14916-407: The time of California's admission into the Union, travel between California and the rest of the continental United States had been a time-consuming and dangerous feat. Nineteen years later, and seven years after it was greenlighted by President Lincoln, the first transcontinental railroad was completed in 1869. California was then reachable from the eastern States in a week's time. Much of the state
15048-487: The time the biggest in American corporate history. Lou Gerstner was hired as CEO from RJR Nabisco to turn the company around. In 1995, IBM purchased Lotus Software , best known for its Lotus 1-2-3 spreadsheet software. During the decade, IBM was working on a new operating system, named the Workplace OS project. Despite a large amount of money spent on the project, it was cancelled in 1996. In 1998, IBM merged
15180-570: The transition from Spanish colonial rule to independent Mexican rule. In 1821, the Mexican War of Independence gave the Mexican Empire (which included California) independence from Spain. For the next 25 years, Alta California remained a remote, sparsely populated, northwestern administrative district of the newly independent country of Mexico, which shortly after independence became a republic. The missions , which controlled most of
15312-608: The vacuum tube based IBM 701 , in 1952. The IBM 305 RAMAC introduced the hard disk drive in 1956. The company switched to transistorized designs with the 7000 and 1400 series, beginning in 1958. In which, IBM considered the 1400 series the ''model T'' of computing, due to it being the first computer with over ten thousand sales by IBM. In 1956, the company demonstrated the first practical example of artificial intelligence when Arthur L. Samuel of IBM's Poughkeepsie , New York, laboratory programmed an IBM 704 not merely to play checkers but "learn" from its own experience. In 1957,
15444-550: The watershed of the Sacramento River , while the southern portion, the San Joaquin Valley is the watershed for the San Joaquin River . Both valleys derive their names from the rivers that flow through them. With dredging, the Sacramento and the San Joaquin Rivers have remained deep enough for several inland cities to be seaports . IBM International Business Machines Corporation (using
15576-468: Was a significant premium for a competitor that was beating them in two out of every three deals. Despite these small advances, ASK was losing ground to its competitors. In its research and development activities, ASK began to focus nearly all of its resources on upgrading and improving existing products instead of creating new ones. Salespeople had long been bedeviled with having to sell a primitive, conversational, scrolling user interface (not long afterwards,
15708-544: Was abandoned by 1841. During the War of Mexican Independence , Alta California was largely unaffected and uninvolved in the revolution, though many Californios supported independence from Spain , which many believed had neglected California and limited its development. Spain's trade monopoly on California had limited local trade prospects. Following Mexican independence, California ports were freely able to trade with foreign merchants. Governor Pablo Vicente de Solá presided over
15840-488: Was acquired by Clayton & Dubilier in a leveraged buyout shortly after its formation. In September 1992, IBM completed the spin-off of their various non-mainframe and non-midrange, personal computer manufacturing divisions, combining them into an autonomous wholly owned subsidiary known as the IBM Personal Computer Company (IBM PC Co.). This corporate restructuring came after IBM reported
15972-400: Was completely out of IBM. IBM is headquartered in Armonk, New York , a community 37 miles (60 km) north of Midtown Manhattan. A nickname for the company is the " Colossus of Armonk ". Its principal building, referred to as CHQ, is a 283,000-square-foot (26,300 m ) glass and stone edifice on a 25-acre (10 ha) parcel amid a 432-acre former apple orchard the company purchased in
16104-400: Was exhibited on Jeopardy! where it won against game-show champions Ken Jennings and Brad Rutter. The company also celebrated its 100th anniversary in the same year on June 16. In 2012, IBM announced it had agreed to buy Kenexa and Texas Memory Systems, and a year later it also acquired SoftLayer Technologies, a web hosting service , in a deal worth around $ 2 billion. Also that year,
16236-552: Was extremely well suited to fruit cultivation and agriculture in general. Vast expanses of wheat, other cereal crops, vegetable crops, cotton, and nut and fruit trees were grown (including oranges in Southern California), and the foundation was laid for the state's prodigious agricultural production in the Central Valley and elsewhere. In the nineteenth century, a large number of migrants from China traveled to
16368-607: Was highly unstable, and in a reflection of this, from 1831 onwards, California also experienced a series of armed disputes, both internal and with the central Mexican government. During this tumultuous political period Juan Bautista Alvarado was able to secure the governorship during 1836–1842. The military action which first brought Alvarado to power had momentarily declared California to be an independent state, and had been aided by Anglo-American residents of California, including Isaac Graham . In 1840, one hundred of those residents who did not have passports were arrested, leading to
16500-714: Was not usually the purpose of these small-scale battles. Men and women generally had different roles in society. Women were often responsible for weaving, harvesting, processing, and preparing food, while men for hunting and other forms of physical labor. Most societies also had roles for people whom the Spanish referred to as joyas , who they saw as "men who dressed as women". Joyas were responsible for death , burial , and mourning rituals , and they performed women's social roles. Indigenous societies had terms such as two-spirit to refer to them. The Chumash referred to them as 'aqi. The early Spanish settlers detested and sought to eliminate them. The first Europeans to explore
16632-666: Was one of the most culturally and linguistically diverse areas in pre-Columbian North America . European exploration in the 16th and 17th centuries led to the colonization by the Spanish Empire . The area became a part of Mexico in 1821, following its successful war for independence , but was ceded to the United States in 1848 after the Mexican–American War . The California gold rush started in 1848 and led to social and demographic changes, including depopulation of Indigenous tribes. The western portion of Alta California
16764-640: Was originally part of the joint venture and was sold by LG in 2012. Continuing a trend started in the 1990s of downsizing its operations and divesting from commodity production , IBM sold all of its personal computer business to Chinese technology company Lenovo and, in 2009, it acquired software company SPSS Inc. Later in 2009, IBM's Blue Gene supercomputing program was awarded the National Medal of Technology and Innovation by U.S. President Barack Obama . In 2011, IBM gained worldwide attention for its artificial intelligence program Watson , which
16896-507: Was recognized with the 1990 Honor Award from the National Building Museum . IBM has a large and diverse portfolio of products and services. As of 2016 , these offerings fall into the categories of cloud computing , artificial intelligence, commerce , data and analytics , Internet of things (IoT), IT infrastructure , mobile , digital workplace and cybersecurity . Since 1954, IBM sells mainframe computers ,
17028-501: Was selling this software from, at ASK 's peak, 91 offices in 15 countries. By 1994 annual sales reached nearly $ 1 billion, and the company was acquired by Computer Associates (CA); both the software and CA subsequently declined. The product family's name, Manman , was "short for manufacturing management," Its components included: Some of the ideas for these application programs came from founder Kurtzig's exposure to several areas within " General Electric , known to be synonymous with
17160-502: Was short-lived; the same year marked the outbreak of the Mexican–American War (1846–1848). Commodore John D. Sloat of the United States Navy sailed into Monterey Bay in 1846 and began the U.S. military invasion of California , with Northern California capitulating in less than a month to the United States forces. In Southern California, Californios continued to resist American forces. Notable military engagements of
17292-399: Was then organized and admitted as the 31st state in 1850 , as a free state , following the Compromise of 1850 . The Greater Los Angeles and San Francisco Bay areas are the nation's second- and fifth-most populous urban regions , with 19 million and 10 million residents respectively. Los Angeles is the state's most populous city and the nation's second-most ; California's capital
17424-480: Was valued at over $ 153 billion as of May 2024. Despite its relative decline within the technology sector, IBM remains the seventh largest technology company by revenue, and 67th largest overall company by revenue in the United States . IBM ranked No. 38 on the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. In 2014, IBM was accused of using "financial engineering" to hit its quarterly earnings targets rather than investing for
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