News - subcat

IBM rolls out seven nano chip
Published in News
Monday, 17 August 2020 15:17

IBM rolls out seven nano chip


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.

IBM cuts jobs
Published in News
Monday, 25 May 2020 12:04

IBM cuts jobs


Not saying how many

IBM cut an unspecified number of jobs across the US, eliminating employees in at least five states.

IBM revenue misses targets
Published in Cloud
Thursday, 17 October 2019 11:40

IBM revenue misses targets


Let down by its global technology services unit

Big Blue disappointed the cocaine nose jobs of Wall Street with its quarterly revenue announcements.

IBM abandons T-Systems computing venture
Published in News


Anti-trust issues

IBM has withdrawn an application for antitrust approval for a mainframe computing venture with T-Systems, the IT services arm of Deutsche Telekom, after the German cartel office took a closer look at the transaction.

Geeks rescue old IBM mainframe
Published in PC Hardware
Monday, 20 May 2019 11:44

Geeks rescue old IBM mainframe

IBM 360 Model 20 mainframe

Adam Bradley and engineer Chris Blackburn have rescued an IBM 360 Model 20 mainframe from an abandoned building "in the backstreets of Nuremberg, Germany".

IBM sees revenue drop
Published in News
Wednesday, 17 April 2019 12:35

IBM sees revenue drop


The cloud grows as people lose interest in mainframes again

IBM reported a bigger than expected drop in its first quarter revenue due to falling mainframe demand and a stronger dollar.

Big Blue did not time travel
Published in News
Thursday, 14 March 2019 12:53

Big Blue did not time travel


But quantumly speaking the story is both dead and alive

The last 24 hours have seen a story which claims that IBM boffins have managed to turn back time using a quantum computer. But it is starting to look like the story was overhyped.

IBM warns of Brexit doom
Published in News
Friday, 01 March 2019 11:57

IBM warns of Brexit doom


Warns that it is preparing for the worst

IBM has issued a statement showing that is preparing for the worst if Britain exits from the EU.

Big Blue spices up AI with  McCormick
Published in AI
Tuesday, 05 February 2019 12:57

Big Blue spices up AI with McCormick


AI getting everywhere

The move to AI is making for some unlikely partners. AI expert IBM and McCormick, which sells spices and condiments, are teaming up to create new all-in-one spice packets.

IBM booms on cloud and services
Published in Cloud
Wednesday, 23 January 2019 12:15

IBM booms on cloud and services


Better than Wall Street predicted

Big Blue beat Wall Street's quarterly earnings estimates, posted its first annual revenue growth since 2011 and forecast a 2019 profit above expectations.