A pension investment group has sued IBM, claiming that the company failed to warn investors that sales in China would slow dramatically following revelations that IBM was helping the U.S. National Security Agency spy on the Chinese.
Bridgestone Sues IBM For $600 Million Over Allegedly 'Defective' System That Plunged The Company Into 'Chaos'
Tire company Bridgestone has slapped IBM with a huge lawsuit over a custom-built computer system that performed so poorly, it threw Bridgestone’s "entire business operation into chaos," the suit alleges, as reported by the Tennessean.
The system cost over $75 million and went live in January, 2012. It immediately experienced "system-wide failures" for three months, Bridgestone alleges:
ARM officials are seeing growing interest in their low-power SoC designs for use in networking and communications systems.
IBM is licensing a range of ARM Cortex processor designs to build custom chips for clients for wired and wireless networking systems.
IBM, the world's biggest technology services company, is buying Israeli security firm Trusteer, in an effort to strengthen its security offerings.
A person familiar with the matter said IBM was paying close to $US1 billion for Trusteer, making it the company's second-largest acquisition of a security company after its 2006 purchase of Internet Security Systems for about $US1.3 billion.
IBM has teamed with more than 1,000 universities worldwide with the intent of building a future "pipeline" of data scientists.
The IBM Academic Initiative has a number of different elements ranging from access to IBM's big data and analytics software to specialized coursework and tracks to trotting in data scientists to guest lecture at these universities.