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How AI technology could change the way we watch sports according to IBM's Jonathan Adashek

Jonathan Adashek chief communications officer and SVP, marketing and communications at IBM, spoke t…

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1 min read

IBM halts hiring for 7,800 jobs that could be replaced by AI, Bloomberg reports

CEO Arvind Krishna told the outlet that 30% of back-office roles, such as human resources, will be …

Katherine Tangalakis-Lippert   


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1 min read

In latest round of layoffs by tech majors, SAP cutting 2,900 jobs and IBM 3,900

These numbers add to the 150,000 jobs cut last year and about 30 per cent of that number that wa…

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2 mins read

Managers who use AI will replace managers who don't, says an IBM exec

The comment comes after IBM's CEO said about 7,800 of the firm's jobs could be replaced by AI and t…

Aaron Mok   


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5 mins read

This startup is using abandoned gas pipelines from 1800s to ease telecom traffic via network as a service

As CloudExtel was formed, it took over the old gas pipelines, began excavation, cleaned them up and…

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1 min read

IBM ends all Russian operations, lays off staff

Following a freeze on activities in Russia earlier this year, IBM CEO Arvind Krishna has informed e…

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1 min read

Big Tech jobs are on the line after Google, IBM, and Dropbox say they're leaning into AI

The CEO of the avatar tools startup Genies, for example, recently purchased ChatGPT for all of his …

Lakshmi Varanasi   


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5 mins read

Here's how much money I made at every point in my career at Netflix, IBM, and Grubhub

Frank Niu was able to retire at 30 through a combination of job-hopping, aggressively saving, inves…

Jenna Gyimesi   


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2 mins read

₹17.5 crore - this is how much a single data breach costs in India says study

Moreover, India's average per record cost of a data breach in 2022 reached Rs 6,100, a 3.3 per cent…

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4 mins read

A former IBM exec said he survived 9/11 because a coworker got him to swap flights then he ended up firing her

Bill Ellmore said he was booked on United Flight 93 on September 11, 2001, but switched planes the …

Lindsay Dodgson   


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1 min read

IBM chief says employees' careers could suffer and promotions may be harder to achieve if they work from home

"Moving from there to another role is probably less likely because nobody's observing them in anoth…

Beatrice Nolan   


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1 min read

Moonlighting not ethically right for full-time employees: IBM

"All of our workers when they are employed, they sign an agreement which says that they are go…

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1 min read

WPI inflation eased for the third consecutive month in August to 12.41%

The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in Augus…

PTI   


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1 min read

IBM, Airtel tie up to power Indian enterprises in 5G era

"As India gears up to experience 5G, we see a massive opportunity to help businesses across in…

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1 min read

IBM stock sinks as strong dollar and loss of business in Russia hit cash-flow forecast

IBM cut its forecast for free-cash flow on the strength of the US dollar and its exit from Russia. …

Brian Evans   


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4 mins read

Business lessons learned from the Colonial Pipeline attack

The Colonial Pipeline is among the US's largest and most important oil pipelines. In May 2021, it w…

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2 mins read

Samsung and IBM’s new chipset design could mean you need to charge your phone just once a week

Tech giants Samsung and IBM have teamed up for a new chipset design that could potentially result i…

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1 min read

Forget ChatGPT an AI-driven investment fund powered by IBM's Watson supercomputer is quietly beating the market by nearly 100%

The $102 million AI Powered Equity ETF is up 11% so far this year, while the Vanguard Total Stock M…

Phil Rosen   


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2 mins read

IBM and Microsoft are laying off hundreds of employees in Russia as companies continue to exit and scale down businesses in the country

IBM announced an "orderly wind-down" of its Russian operations. Microsoft is significantly scaling …

Huileng Tan   


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2 mins read

Best Buy’s CEO says she isn’t planning for a ‘full recession’ — and she’s not alone

In an earnings call Tuesday, Best Buy CEO Corie Barry said that she is "not planning for a full rec…

Gabrielle Bienasz