Preparing for the spin off
IBM has confirmed that it will cut 10,000 jobs in Europe in an attempt to lower costs at its slow-growth services unit and prepare the business for a spinoff.
52 years later
On August 29, 1968, IBM’s CEO fired computer scientist and transgender pioneer Lynn Conway to avoid the public embarrassment of employing a transwoman.
Particularly in the UK
IBM is set to cull its workforce in Europe, with the UK likely to be the worst hit.
Want to enhance each other’s products
IBM and AMD have announced a multi-year joint development agreement to enhance and extend their security and artificial intelligence (AI) products.
Still a little uncertain about COVID-19
IBM surprised the cocaine nose jobs of Wall Street with its estimates for quarterly revenue -- thanks mostly to the cloud.
Separating its clouds
IBM announced that the company would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services.
1000 qubits by 2023
IBM has announced its quantum “road map” which includes plans to built a 1000 qubit model by 2023.
Power to the people
Big Blue said it introduced its Power 10 microprocessor, which it claims, delivers up to three times greater energy efficiency and workload capacity.
Five hours of footage
Security experts at IBM’s X-Force security team have obtained roughly five hours of video footage that appears to have been recorded directly from the screens of hackers working for a group IBM calls ITG18, and which other security firms refer to as APT35 or Charming Kitten.
Calls for social justice reforms
IBM CEO Arvind Krishna called on the US Congress to create reforms to advance racial justice and combat systemic racism while announcing the company was getting out of the facial recognition business.