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IBM to cut 3,900 jobs as it reorganizes business

Agence France-Presse
Posted at Jan 26 02:42 PM

IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday. Read more »

Japan's Rapidus, IBM team up to produce next-generation chips

Kyodo News
Posted at Dec 13 06:28 PM

Rapidus, a chip maker backed by the Japanese government, aims to produce 2-nanometer chips at home starting in 2027 in cooperation with the US tech giant. Read more »

Russia threatens Western companies with arrests, seizures

Agence France-Presse
Posted at Mar 14 03:02 PM

Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Monday. Read more »

EDC taps IBM weather forecasts to protect plants, workers

ABS-CBN News
Posted at Dec 01 05:03 PM

The Energy Development Corp said on Wednesday it tapped IBM's The Weather Company for typhoons and other natural hazards updates. Read more »

Majority of Philippine CEOs see need to invest in AI

ABS-CBN News
Posted at Aug 25 01:08 PM

Sixty-five percent of Philippine CEOs say working with AI will help set their companies apart from the competition, according to IBM Philippines. Read more »

Only 20 pct of data on cloud, remaining 80 pct is a $1-T opportunity: IBM

ABS-CBN News
Posted at Feb 01 02:24 PM

IBM's Global Technology Services General Manager Saad Toma told ANC on Monday that only 20 percent of data are on the cloud, which presents a $1-trillion market opportunity for cloud companies to put the remaining 80 percent on the cloud.   Read more »

Hackers targeting COVID-19 vaccine supply chain, IBM warns

Daniel Hoffman, Agence France-Presse
Posted at Dec 04 11:32 AM

NEW YORK - With multiple vaccines close to becoming available in a world gripped by the coronavirus pandemic, manufacturers have become the target of hackers trying to steal trade secrets or disrupt supply chains. Read more »

IBM to break up 109-year old company to focus on cloud growth

Munsif Vengattil, Reuters
Posted at Oct 09 08:40 AM

International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world's first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing. Read more »

IBM turns away from facial recognition business

Agence France-Presse
Posted at Jun 09 09:40 AM

IBM said Monday it is no longer selling general purpose facial recognition software and is opposed to using such technology for racial profiling or mass surveillance.   Read more »

Pope Francis to endorse principles on AI ethics with Microsoft, IBM

Jeffrey Dastin, Reuters
Posted at Feb 28 05:09 PM

The "Rome Call for AI Ethics" asserts that the technology should respect privacy, work reliably and without bias, consider "the needs of all human beings" and operate transparently - an area of ongoing research because AI systems' decisions are often inscrutable. Read more »