IBM cooperating with SEC on investigation of cloud revenue

NEW YORK (Reuters) - IBM Corp said on Wednesday that it is cooperating with U.S. regulators on an investigation into how it reports revenue from its cloud computing business. IBM said it learned of the investigation, being conducted by the U.S. Securities and Exchange Commission, in May 2013. The company made the disclosure in its quarterly report filed with the SEC. (Reporting by Sinead Carew; Editing by Gerald E. McCormick)

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