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Stories published on Aug 26
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  • Stories published on Aug 26

Monday, Aug 26

19

IBM Intros Telum II Processor & Spyre AI Accelerator: 8 Cores Clocked at 5.5 GHz With 360 MB Cache

wccftech.com

IBM has unveiled its next-gen Telum II Processor & Spyre AI Accelerators for the latest IBM Z mainframe systems powering AI. IBM Offers Two Brand New Chips For Its Next-Gen Z Mainframe AI Systems: Telum II Processor With 8 Cores at 5.5 GHz…

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IBM is latest U.S. tech giant to pull back from China

www.axios.com

IBM is the latest American company to downsize its presence in China amid heightened tensions between Washington and Beijing.

16

IBM closing research unit in China, Wall Street Journal reports

www.marketwatch.com

IBM is reportedly cutting 1,000 jobs after its revenue from China fell nearly 20% in 2023.

IBM Shuts Down China Operations, Shifts Research to Global Offices: Report

www.benzinga.com

International Business Machines Corp (NYSE:IBM) is laying off 1,000 employees as it shutters a fundamental research division in China.

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IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports

www.thehindu.com

IBM to close China R&D amid hardware demand decline and growth market challenges

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IBM slashes China research team as it shifts work to other regions

www.ft.com

US tech group faces tougher competition as Beijing favours homegrown rivals amid tensions with Washington

IBM Layoffs: US Tech Giant Laying Off 1,000 Employees and Shutting Down Its R&D Division in China

www.latestly.com

IBM is reportedly planning to shut down its R&D facility in China and reduce the workforce by cutting jobs following the action. The IBM layoffs will affect more than 1,000 people working at the China division.

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Sources: IBM shuts down its China R&D department, affecting 1,000+ staff, and plans to move the R&D functions overseas, the latest company to retreat from China (Raffaele Huang/Wall Street Journal)

www.techmeme.com

Sources: IBM shuts down its China R&D department, affecting 1,000+ staff, and plans to move the R&D functions overseas, the latest company to retreat from China — Jobs to be added in India, employees are told — IBM is shutting down its…

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IBM Shuts China R&D Operations in Latest Retreat by U.S. Companies

www.wsj.com

The closure will affect more than 1,000 people and functions will move to other overseas facilities including India, employees at a virtual meeting were told.

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Friday, Aug 23

19

Apple auction includes Steve Jobs’ ‘middle finger to IBM leather jacket,’ Polaroid ID badge, more [U]

9to5mac.com

The latest Apple memorabilia auction is open with a range of rare items. While the auction includes a valuable Apple-1 estimated to bring in over $300,000, other unique items include Steve Jobs’ famous “middle finger to IBM leather jacket…

Thursday, Aug 22

00

Chasing the AI dragon? Your IT might be circling the drain, IBM warns

www.theregister.com

Big Blue says companies are so obsessed, basic services are going to pot

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Huge housing, retail complex in the works for former IBM campus in Rochester

www.startribune.com

Site could also be used for planned $65 million regional sports complex.

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IBM Is Doing A 'Great Job,' Jim Cramer Says — But Don't Buy This Real Estate Stock

www.benzinga.com

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends holding onto International Business Machines Corporation (NYSE:IBM) or buy some.

Wednesday, Aug 21

23

IBM Fired White Male Employee to Adhere to Racial and Sex Quotas, Lawsuit Alleges

www.nationalreview.com

IBM executives discussed their discriminatory policies in a secretly recorded 2021 corporate town-hall meeting.

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I was fired from IBM because I'm a white man - how diversity targets ruined my career

www.dailymail.co.uk

Randall Dill of Michigan says Jay Zook and other bosses were motivated to sack white men employees like him so they could bag bigger bonuses by hiring more women and minorities.

Tuesday, Aug 20

01

How to Start a Multi-Million Dollar Company, According to an IBM Engineer Turned Founder

www.entrepreneur.com

Leah Solivan took her company from idea to Ikea acquisition.

Monday, Aug 19

22

MaxTAF Announces Strategic Partnership with Aquitas Solutions to Enhance IBM Maximo Services in North America

www.prweb.com

MaxTAF, a provider of best-in-class automation technology solutions for IBM Maximo Application Suite, is thrilled to announce a strategic partnership with Aquitas Solutions, a leading provider of enterprise asset management and IoT…