Update On Bottom Decliners Of Technology Sector – International Business Machines Corp (NYSE:IBM), AT&T Inc (NYSE:T)

On Monday, Share of International Business Machines Corp (NYSE:IBM) declined -0.25% and is at $171.69 in the Real-Time trading session, while the stocks are trading within the range of $171.00 – $172.56. In the past year, the stock has traded within a range of $142.50 – $182.79. The current session’s volume of 1.92M shares is lower from their average daily trading volume of 3.57M shares. IBM (NYSE: IBM) declared that Footters, an online streaming platform created to broadcast amateur soccer games, has selected IBM Cloud Video to power its streaming video platform and assist connect fans around the world through access to their favorite teams’ matches.

By leveraging IBM Cloud Video’s services and solutions, Footters will be able to integrate live and recorded video feeds into their mobile app. IBM Cloud Video’s technology will also facilitate Footters’ to expand and offer partner clubs the ability to launch individual streaming channels with both a subscription and pay-per-view option. Footers also plans to use advanced analytic and video editing capabilities to develop new features.

“IBM Cloud Video has a history of providing streaming video services and solutions to the world’s leading media and entertainment brands,” said Footters CEO Julio Fariña. “IBM’s cognitive technology sets them apart and offers our platform features that can assist extract data from a soccer game. For example, we plan to provide statistics such as how often a player has run up and down the wing, and how many times he has passed the ball.”

AT&T Inc (NYSE:T) declined -0.33% right now and is at $40.46. The 52-week range of the share price is from $40.33 – $40.68. The company has total market capitalization of $248.88 Billion. The current session’s volume of 9.11M shares is lower from their average daily trading volume of 16.94M shares. AT&T* and Tribeca are teaming up to launch a new film program, AT&T Presents: Untold Stories. An Inclusive Film Program in Partnership with Tribeca. AT&T will provide funding of up to $1 million for 1 talented filmmaker to create his or her film, and Tribeca will provide mentorship from seasoned industry professionals. AT&T plans to distribute the winning film across several of its video platforms, counting DIRECTV NOW, AT&T’s streaming over-the-top service.

The new film program is a multi-year, multi-tier alliance between AT&T and Tribeca together with the year-round nonprofit Tribeca Film Institute. It will debut at the 2017 Tribeca Film Festival, which begins on April 19 in New York City. AT&T will serve as the presenting sponsor of the Festival for the fourth straight year.

“AT&T Presents: Untold Stories is about pushing the boundaries of storytelling, connecting our customers to new and exclusive content and celebrating diversity,” said Fiona Carter, AT&T Chief Brand Officer. “At AT&T, we’re passionate about innovation, culture and community – the same values that drive the Tribeca Film Festival. By launching this program with Tribeca, we are assisting to give underrepresented filmmakers in the industry opportunities they have not had before.”

“As a champion of supporting underrepresented filmmakers for over a decade, Tribeca Film Festival and Tribeca Film Institute are proud to collaborate with AT&T on AT&T Presents: Untold Stories, a noteworthyand essential program that goes beyond the generous funding,” said Jane Rosenthal, co-founder and Executive Chair of the Tribeca Film Festival and co-founder and co-chair of the Tribeca Film Institute. “To be able to say to a filmmaker that we are not only going to assist get your important story made, but we will provide the mentoring, guidance and guaranteed distribution so it will get seen, is an incredible feeling.”

“We are anxious to collaborate with AT&T on this timely and critical new program, AT&T Presents: Untold Stories,” said Amy Hobby, Executive Director of Tribeca Film Institute. “This program fits squarely within our year-round work at TFI – to bring stories from underrepresented filmmakers to audiences around the world – and we look forward to providing guidance to all of the talented pitch participants to assist fully realize these amazing projects.”

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