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Keyword: ibm

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  • Stunning Economic Winning – IBM Announces Intent To Hire 25,000 U.S. Workers…

    12/13/2016 4:00:56 PM PST · by bobsunshine · 34 replies
    The Conservative Treehouse ^ | December 13, 2016 | Sundance
    ...(Via Bloomberg) IBM Chief Executive Officer Ginni Rometty said she plans to hire about 25,000 people in the U.S. and invest $1 billion over the next four years, laying out her vision for filling technology jobs in America on the eve of a meeting of industry leaders with President-elect Donald Trump. Rometty, who is on Trump’s advisory panel of business leaders, will join Facebook Inc.’s Sheryl Sandberg, Amazon.com Inc.’s Jeff Bezos and Alphabet Inc.’s Larry Page and Eric Schmidt at a summit with Trump Wednesday in New York that is said to focus on jobs.
  • Chief executive of multi-billion dollar tech giant dumped for Trump open letter

    12/05/2016 2:13:41 PM PST · by 2ndDivisionVet · 59 replies
    Start-up Smart ^ | December 5, 2016 | Dominic Powell
    A senior employee at computer giant IBM has quit her job and publicly condemned her former boss, in one example of what can happen when the leaders of a business choose to get involved in politics. The employee decided to resign from her position at IBM after the company’s chief executive Ginni Rometty published an open letter to US President-elect Donald Trump following his election win. In her own open letter published on NewCo, senior content strategist in IBM’s corporate marketing department Elizabeth Wood said she could no longer work for a company “that would ignore the real needs of...
  • A Letter From IBM's CEO To Trump Caused An Employee To Quit ...

    12/04/2016 6:53:29 AM PST · by NCjim · 67 replies
    Forbes ^ | December 3, 2016 | Dan Pontefract
    Elizabeth Wood used to work at IBM. She recently resigned from her position as senior content strategist, a job she held for the previous two years. People resign all the time from roles, so that is nothing new. What is different about Ms. Wood’s resignation is a) why we she did it and b) what she did next. On November 15, 2016, Ginni Rometty, chairman, president and CEO of IBM, unleashed an open letter that—among other things—offered President-elect Donald Trump suggestions to help America. In her note, Rometty wrote, “I know that you are committed to help America’s economy grow...
  • Silicon Valley makes nice with Trump

    11/20/2016 3:15:59 AM PST · by quesney · 41 replies
    I for one give him my most open mind and wish him great success in his service to the country," Bezos tweeted, two days after the election. In August, prominent venture capitalist Chris Sacca knocked “Trump's erratic behavior, repeatedly demonstrated ignorance of economics, and reckless statements." Sacca now says he's willing to give Trump a chance. “We in the tech community are open to helping President Elect Trump in any way he needs to help those Americans who need it most,” Sacca wrote in an email to The Hill. “We are hopeful he will immediately reach out to the tech...
  • Debate over: IBM confirms that Macs are $535 less expensive than PCs

    10/20/2016 12:42:26 PM PDT · by Swordmaker · 86 replies
    Jamf Conference ^ | October 19, 2016 | By Jeni Asaba
    Attendees arrived early to the Guthrie this morning to claim seats for the most anticipated session at the Jamf Nation User Conference (JNUC). And they weren’t disappointed. In a passionate presentation from industry leaders in enterprise, education and healthcare, attendees learned how they too can achieve unprecedented success in their own environments. User choice at IBM Fletcher Previn, VP of Workplace as a Service at IBM, started the discussion by sharing what they’ve done to transform company culture for the 400,000+ employees who span across IBM’s 2,800 locations. It started with user choice. In 2015, IBM let their employees...
  • IBM’s Power Roadmap Extended By Chip Breakthrough

    10/08/2016 11:00:51 AM PDT · by Ernest_at_the_Beach · 14 replies
    http://www.nextplatform.com ^ | July 9, 2015 | Timothy Prickett Morgan
    Hot on the heels of the closing of the deal that divests its semiconductor business and places it in the hands of Globalfoundries, the former chip making business of AMD that is controlled by the government of Abu Dhabi, IBM and its academic and chip industry partners have announced that they have successfully etched chips with transistors that are 7 nanometers in size – significantly smaller than current processes and extending the Moore’s Law curve one more step.It is a big step, however, based on a mix of new technologies that have not been tested in volume production before,...
  • Obama’s Overtime Rule Tried at IBM, and It Didn’t Work

    05/19/2016 8:35:10 PM PDT · by Nachum · 31 replies
    The Daily Signal ^ | 5/19/16 | James Sherk
    Juggling work and family life is hard. On Wednesday the Labor Department made it even harder for millions of salaried workers. The administration’s new overtime regulations will effectively turn them into hourly employees. The regulation won’t increase their earnings, but it will greatly reduce their control over their schedules. The Fair Labor Standards Act requires employers to pay hourly workers overtime for working over 40 hours a week. But the Fair Labor Standards Act regulations exempt many salaried employees. This makes sense: Salaried employees get paid to do a particular job, not work particular hours. They also generally have more...
  • IBM Laying Off 1000 Workers In Germany

    04/02/2016 1:58:44 PM PDT · by Lorianne · 17 replies
    The IT group IBM apparently is planning massive job cuts in Germany. According to the trade union Verdi, the Group has informed on Wednesday about the planned reduction of nearly 1,000 jobs by March 2017th This was announced by Verdi in a newsletter. Primarily affects service segments. The group had invited the workers' representatives to negotiations for a social plan and balance of interests. In Hannover, a region should be shut down with about 200 employees, said a Verdi representatives. The Hanover stay but generally preserved. "IBM has informed the participation and invited to negotiations," confirmed an IBM spokesman. A...
  • IBM to erase 14,000 people from the payroll – Wall St analyst

    03/12/2016 6:45:37 AM PST · by snarkpup · 137 replies
    The Register ^ | 10 Mar 2016 at 16:05 | Paul Kunert
    Jobs to be bundled on a plane and flown to lower labour cost countries ... He highlighted a $1bn Japanese tax gain Big Blue has received, and pointed out that in the past the company had matched the proceeds from dispositions or IP sales with workforce restructuring expense.
  • Obama backs ‘Equality Act,’ which could harm religious liberty

    11/13/2015 5:24:02 AM PST · by wagglebee · 10 replies
    LifeSiteNews ^ | 11/12/15 | Dustin Siggins
    WASHINGTON, D.C., November 12, 2015 (LifeSiteNews) – President Obama says he backs "The Equality Act," which would add gender identity and sexual orientation to the 1964 Civil Rights Act. "Upon that review it is now clear that the administration strongly supports the Equality Act,” White House Press Secretary Josh Earnest announced on Tuesday. “That bill is historic legislation that would advance the cause of equality for millions of Americans. “We look forward to working with Congress to ensure that the legislative process produces a result that balances both the bedrock principles of civil rights...with the religious liberty that we hold...
  • IBM Tumbles To New 5 Year Lows After Warren Buffett Admits Huge Loss

    11/09/2015 9:39:29 AM PST · by SeekAndFind · 6 replies
    Zero Hedge ^ | 11/09/2015 | Tyler Durden
    We're gonna need a bigger buyback... As if "old tech" IBM was not in enough trouble, the worrying admission from Buffett's Berkshire Hathaway's earnings of around $2 billion (though careful to note he is not about to sell) has seemingly prompted further weakness. IBM is down almost 2% to fresh May 2010 lows... As Berkshire Hathaway detailked... As of September 30, 2015 and December 31, 2014, we concluded that there were no unrealized losses that were other than temporary. Our conclusions were based on: (a) our ability and intent to hold the securities to recovery; (b) our assessment that the...
  • IBM engineers carbon nanotube transistors to replace silicon in computing

    10/02/2015 10:07:16 AM PDT · by Ernest_at_the_Beach · 23 replies
    venturebeat.com ^ | October 1, 2015 11:00 AM | Dean Takahashi
    Above: IBM's carbon nanotubes have tiny circuits that are fractions of a meter apart.Image Credit: IBM Carbon nanotubes are the leading candidate to replace silicon in semiconductor chips after the decades-long run of silicon electronics runs out. And IBM is hoping to usher along that transition with a new breakthrough being announced today.In the October 2 issue of the journal Science, IBM researchers say they have overcome one of the most daunting challenges around carbon nanotube transistors, which are the building blocks of electronic circuits with dimensions that are measured in billionths of a meter. Carbon nanotubes may be...
  • IBM's $3bn bet on next-gen computers: Carbon nanotubes, neuro chips

    07/12/2014 10:46:29 PM PDT · by BenLurkin · 13 replies
    theregister.co.uk ^ | 9 Jul 2014 | Jack Clark,
    IBM boffins have been given a tidy $3bn cash pile to solve a problem that lurks not too far in our future. That problem is the imminent breakdown in conventional chip operation and chip materials as we shrink transistor gates from today's 14nm process size to 10nm and 7nm. At around 7nm, which most industry observers expect we will hit in the early 2020s, things start to get really unpleasant. More and more jostling electrons jump in and out of gates against processor designers' wishes, leading to a frustrating problem known as gate current leakage. ... These investment areas include:...
  • China's Silicon Valley power play

    09/23/2015 9:45:32 AM PDT · by RightGeek · 4 replies
    The Hill ^ | 9/23/15 | Cory Bennett and Katie Bo Williams
    Chinese officials have summoned top American tech executives to Seattle for a forum on Wednesday in a show of force that could make the Obama administration’s standing in Silicon Valley appear weak by comparison. Beijing moved up the date of the annual event to coincide with President Xi Jinping’s U.S. visit and reportedly pressured major Silicon Valley players to send their chief executives to what is normally an annual summit for midlevel management, threatening regulatory scrutiny if they didn’t comply. “It’s not really voluntary,” said Atlantic Council Senior Fellow Jason Healey, a former director of cyber infrastructure protection at the...
  • Amazon and Microsoft just scored a huge $100 million cloud deal that can't be making IBM too happy

    08/31/2015 12:19:39 PM PDT · by SeekAndFind · 1 replies
    Business Insider ^ | 08/31/2015 | Julie Bort
    Amazon and Microsoft are quickly becoming the king and queen of cloud computing. Here's another case in point: the two of them just won a huge contract with the FAA, led by IT consultant CSC. This contract will consolidate the FCC's data centers, moving data to both Amazon's cloud Amazon Web Services (AWS) and Microsoft's cloud, Azure. CSC says the contract is worth $108 million out of the gate, and because its a long-term contract, could be worth as much as $1 billion over the next 10 years. The FAA isn't getting rid of its data centers altogether to run...
  • Companies to boycott over Rainbow nonsense

    06/28/2015 1:02:10 PM PDT · by FreeAtlanta · 120 replies
    vanity
    I saw a huge Delta Air Lines digital sign full of rainbows and "love" nonsense going into Atlanta yesterday morning. I am putting them #1 on my boycott list. Anyone care to add to the list?
  • Intel Buys Programmable Chip Maker Altera In Nearly $17B Deal

    06/01/2015 12:06:08 PM PDT · by SeekAndFind · 10 replies
    Newsy ^ | 06/01/2015 | Matt Moreno
    The world's largest chip maker just made its largest acquisition ever. Intel is buying programmable chip maker Altera Corporation in a $16.7 billion cash deal with stockholders taking home $54 per share. The merger comes amidst a lag in the personal-computer market, one that Intel's been able to stay above. Intel's first-quarter earnings report in April showed a 3 percent rise in income compared to the same quarter last year. And Intel likely wants to continue keeping its head above water. That's where Altera should help out. A joint press release said Intel's products and manufacturing process will join with...
  • IBM's Watson supercomputer to speed up cancer care

    05/06/2015 11:24:00 AM PDT · by PastorBooks · 20 replies
    BBC ^ | 6 May 2015 | BBC
    IBM's supercomputer Watson will be used to make decisions about cancer care in 14 hospitals in the US and Canada, it has been announced. Using computers to trawl through vast amounts of medical data speeds up the diagnosis process. (excerpt) It also recently teamed up with IBM to allow the software that helps gather health data from iPhones to be used by Watson.
  • Navy Needs New Servers for Aegis Cruisers and Destroyers After Chinese Purchase of IBM Line

    05/05/2015 4:05:43 PM PDT · by logi_cal869 · 18 replies
    US Naval Institute ^ | 05/05/2015 | Megan Eckstein
    The Navy needs new servers for its upgraded Aegis Combat System after the current IBM line was sold to Chinese computer maker Lenovo. The $2.1 billion sale closed in October and made Lenovo the number three server maker in the world. IBM shedding its server business creates a security concern for the U.S. Navy, which included the company’s x86 BladeCenter HT server in its Aegis Technical Insertion (TI) 12. The TI-12 hardware upgrades, along with Advanced Capability Build (ACB) 12 software upgrades, compose the Aegis Baseline 9 combat system upgrade that combines a ballistic missile defense capability with anti-air warfare...
  • Apple Won’t Always Rule. Just Look at IBM.

    04/26/2015 1:50:56 AM PDT · by Swordmaker · 48 replies
    The New York Times ^ | APRIL 25, 2015 | By JEFF SOMMER
    Apple can’t grow like this forever. No company can. In a few short years, Apple has become the biggest company on the planet by market value — so big that it dwarfs every other one on the stock market. It dominates the Standard & Poor’s 500-stock index as no other company has in 30 years. Apple’s market capitalization — the value of all of the shares of its stock — is more than $758 billion, greater than any other company’s. Yet the Wall Street consensus is that Apple is still having a growth spurt. In fact, if Apple’s watches, phones,...