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‘World Wire’: IBM Launches Stellar-Based Blockchain Payments Platform (Global banking) https://finance.yahoo.com/news/world-wire-ibm-launches-stellar-224015555.html September 5, 2018 David Hundeyin Computing giant IBM has launched a blockchain-based financial solution that it says has the potential to completely upend the existing status quo in global payments and remittances. The new solution called ‘IBM Blockchain World Wire‘ combines the Stellar blockchain with digital assets to make instant money transfers possible of a guaranteed value possible. In July, CCN reported that IBM backed a dollar-pegged stablecoin issued by Stronghold on the Stellar network.  In the same month, IBM announced that it was involved in an environmentally friendly crypto project also built on...

Last year, studies presented at the American Society of Clinical Oncology's annual meeting showed that IBM Watson was pretty darn good at creating treatment plans for cancer patients. Turns out, however, that the AI is still far from perfect: according to internal documents reviewed by health-oriented news publication Stat, some medical experts working with IBM on its Watson for Oncology system found "multiple examples of unsafe and incorrect treatment recommendations." In one particular case, a 65-year-old man was diagnosed a drug that could lead to "severe or fatal hemorrhage" even though he was already suffering from severe bleeding. The report...

A round, basketball-shaped autonomous assistant that is supposed to help astronauts with their space work. Sounds a lot like HAL-9000 from "2001: A Space Odyssey," right? CIMON (Crew Interactive Mobile Companion) won't say, "I'm sorry, Dave. I'm afraid I can't do that," but the first-ever flying, autonomous, artificial intelligence-based robot is slated to head to the International Space Station (ISS) later this week. With any luck, CIMON will stay there for the foreseeable future. ..." "What we're trying to do with Watson AI services is imitate a human," Biniok said, adding that CIMON has a digital "mouth" and can express...

It slashed IBM’s U.S. workforce by as much as three-quarters from its 1980s peak, replacing a substantial share with younger, less-experienced and lower-paid workers and sending many positions overseas. ProPublica estimates that in the past five years alone, IBM has eliminated more than 20,000 American employees ages 40 and over, about 60 percent of its estimated total U.S. job cuts during those years. In making these cuts, IBM has flouted or outflanked U.S. laws and regulations intended to protect later-career workers from age discrimination, according to a ProPublica review of internal company documents, legal filings and public records, as well...

The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. The Dow hit 22,000 on Aug. 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000 to 22,000. This marks the fourth time this year the Dow has reached a 1,000-point milestone. […] Shares of IBM (IBM.N), which beat expectations on revenue, jumped 8.9 percent and accounted for about 90 points of the day’s 160 point-gain in the blue-chip index. Solid earnings,...

But over the last decade, IBM has shifted its center of gravity halfway around the world to India, making it a high-tech example of the globalization trends that the Trump administration has railed against. Today, the company employs 130,000 people in India — about one-third of its total work force, and more than in any other country. Their work spans the entire gamut of IBM’s businesses, from managing the computing needs of global giants like AT&T and Shell to performing cutting-edge research in fields like visual search, artificial intelligence and computer vision for self-driving cars. One team is even working...

IBM CEO Ginni Rometty is in D.C. urging Congress to save DACA Two weeks after President Donald Trump moved to eliminate a program that protects some young immigrants from deportation, IBM chief executive Ginni Rometty is visiting Capitol Hill to urge lawmakers to save it. As part of a swing through Washington, D.C., this week, Rometty has met with Senate Democrats and Republicans in a bid to get them to preserve Deferred Action for Childhood Arrivals, or DACA, from phasing out beginning in March. The initiative, implemented in 2012, had allowed children brought to the United States illegally to obtain...

EXCLUSIVE: Tech company which maintained Hillary's secret server was sued for 'illegally accessing' database and 'stealing White House military advisers' phone numbers' The Internet company used by Hillary Clinton to maintain her private server was sued for stealing dozens of phone lines including some which were used by the White House. Platte River Networks is said to have illegally accessed the master database for all US phone numbers. It also seized 390 lines in a move that created chaos across the US government. Among the phone numbers which the company took - which all suddenly stopped working - were lines...

While there remain some industry observers that cling to rapidly diminishing arguments against such deployment, “Apple devices are already pervasive in the enterprise,” Mahmoud Naghshineh, General Manager, Offerings and Solutions, IBM, told me. Naghshineh spoke to me as IBM expands its MobileFirst iOS for the enterprise scheme. He echoes Mike Brinker, Global Digital Leader, Deloitte Digital, who last year called Apple’s products “essential to the modern enterprise”.

International Business Machines is giving thousands of its remote workers in the U.S. a choice this week: Abandon your home workspaces and relocate to a regional office -- or leave the company. The 105-year-old technology giant is quietly dismantling its popular decades-old remote work program to bring employees back into offices, a move it says will improve collaboration and accelerate the pace of work. The changes comes as IBM copes with 20 consecutive quarters of falling revenue and rising shareholder ire over Chief Executive Ginni Rometty's pay package. The company won't say how many of its 380,000 employees are affected...

IBM Q isn’t vaporware. It’s a project years-in-the-making that could help quantum computation reach its massive potential. The future of quantum computers may arrive sooner than you think. When news arrived of IBM’s move to offer the first commercially available universal quantum computer last week, it was characterized as a “handoff” from IBM Research to IBM Systems. According to the company’s CTO and vice president of quantum computing, technical strategy, and systems, Scott Crowder, that’s not entirely the case. “It’s not quite a ‘handoff,’ it’s really a partnership,” explained Crowder. “This is definitely a transition point from it being pure...

​In the never-ending quest to improve computing technology, IBM has just taken a big step smaller: It's found a way to store data on a single atom. A hard drive today takes about 100,000 atoms to store a single bit of data -- a 1 or 0. The IBM Research results announced Wednesday show how much more densely it might someday be possible to cram information. How much more densely? Today, you can fit your personal music library into a storage device the size of a penny. With IBM's technique, you could fit Apple's entire music catalog of 26 million...

Julie BortDecember 20, 2016 There's an awful lot of angst in the tech industry about what a Donald Trump administration will do, and if he'll follow through on some of the more divisive promises he made on the campaign trail. On Tuesday, an Oracle employee working on the company's all-important cloud business publicly quit the company via a letter posted to LinkedIn. George Polisner was protesting Oracle CEO Safra Catz's decision to join Trump's transition team. Catz was part of a room full of tech industry leaders that met with the president-elect last week at Trump Tower in New York....

US technology giant IBM said Tuesday it would hire 25,000 people in the country over the next four years, a day before President-elect Donald Trump meets with tech industry leaders. About 6,000 of those hirings will occur in 2017, IBM chief executive Ginni Rometty said in an opinion article published in the newspaper USA Today. IBM, which has undertaken in recent years a restructuring of its activities, will invest $1 billion on employee training and development in the next four years, said the IBM president, chairman and CEO.

...(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.

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...

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...

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...

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...

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,...