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The Latest Breaking News from IBM

Investors are Trading IBM Call Options in Unusually Heavy Volume

Today large, unusual volume of out-of-the-money call options in IBM stock is serving to highlight its value. No wonder, as IBM recently raised its free cash flow outlook. IBM stock looks deeply undervalued here.

Barchart

IBM intros Telum II processor — 5.5GHz chip with onboard DPU claimed to be up to 70% faster

IBM's Telum II processor packs eight CPU cores and a 24 TOPS AI accelerator.

Tom’s Hardware

IBM closes China R&D operations, cutting hundreds of jobs

IBM is cutting R&D in China, moving projects to new locations.

TechRadar

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Shanghai Composite Index Fell 0.24% on Tuesday

Shenzhen Component Index closed down 1.11%

Caixin Global

‘Invent the future’: one man’s dream of making upstate New York the next Silicon Valley

Nvidia co-founder Curtis Priem has a vision for a quantum computing future and believes the area along the Hudson valley is fertile for the next tech boom

The Guardian - US

IBM shutters China R&D facilities, blaming declining infrastructure business — shutdown affects over 1,000 employees

This morning, employees at IBM's China-based research and development department were told in a virtual meeting that the operation was impending closure. The current China-based R&D and testing functions will be moved to other overseas facilities, they were told.

Tom’s Hardware

IBM Shutters R&D Labs In China, Slashing 1,000-Plus Jobs in Beijing And Elsewhere

The computer giant joined other Big Tech firms, including Amazon and Tesla, in cutting Chinese payrolls as tensions with the U.S. rise.

International Business Times

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IBM 7090 Mainframe up for auction with a value up to $60,000 — over 23,000 pounds of transformative transistorized milestone in computing

A transformative transistorized milestone in the history of computing could be yours, as an IBM 7090 Mainframe computer system has gone up for auction at Christie’s.

Tom’s Hardware

I sold a $1.4B big-data startup to IBM—then founded a nature sanctuary. Here are the dangers of AI energy consumption

Artificial intelligence could become one of the largest drivers of carbon emissions in the coming decades.

Fortune

White Man Sues IBM For Firing Him So 'They Could Hire More Women And Minorities'; Slams Company's Diversity Targets

A white man has sued IBM, alleging he was fired to meet diversity quotas. IBM denies the claims.

International Business Times UK

The best rebrands of the '70s, from Sega to Apple and Kodak

Our experts pick the best rebrands of the 1970s, and explain why they worked so well.

Creative Bloq

Financial institutions are already leveraging AI as a competitive advantage

BNY is the latest bank to create a unique generative AI-powered assistant.

Fortune

International Business Machines Stock Outlook: Is Wall Street Bullish or Bearish?

International Business Machines has outperformed the broader market this year, but Wall Street analysts are cautious about the stock’s prospects.

Barchart

How organizations can make the most of LLMs

The sheer volume of available LLMs presents a big challenge - which one should you choose?

TechRadar

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Creative Bloq

The best rebrands of the '80s, from Nike to British Airways and Apple

An indepth analysis of the most influential brand overhauls that shaped the visual landscape of the 1980s, as picked by the pros.

Fortune

Big Tech's abuse of the patent system must end—take it from me, I've fought Google over IP for years

The bipartisan PREVAIL Act and RESTORE Patent Rights Act would make critical reforms to curb the abuse of the U.S. patent system by Big Tech.

StockNews.com

3 Cloud Computing Stocks for Long-Term Gains

With the ongoing digital transformation, cloud computing stocks have emerged as top picks for growth opportunities in the technology sector. In this context, investing in fundamentally sound stocks like Alphabet (GOOGL), Amazon.com (AMZN), and International Business Machines (IBM) could be beneficial. Read on….

Salon

Taco Bell introduces AI to drive-thrus

The fast food chain has been testing the new ordering system in 100 stores across 13 states

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Barchart

Up 13% From the Lows, Can Salesforce.com Stock Keep Climbing?

After cratering on Q1 earnings earlier this year, this software stock has rebounded off the lows. Can it keep up the momentum?

TechRadar

Microsoft hits back at Delta — says airline refused help following CrowdStrike outage, and even ignored an email from Satya Nadella himself

Delta CEO apparently ignored email offering help from Microsoft CEO Satya Nadella following IT outages.

Fortune

AI adoption in Southeast Asia faces serious challenges

Everyone wants AI to work—but there are a lot of "gaps" left to bridge to make it happen.

Fortune

IBM’s former head of AI says Big Tech needs to end arms race in LLMs to ditch its carbon backpack

Seth Dobrin favors energy-efficient small language models and calls for a new ‘paradigm of cooling’ to solve AI's growing sustainability dilemma.

StockNews.com

3 REITs with Strong Growth Potential to Buy Now

Geopolitical instability, including recent tensions in the Middle East, might lead to volatility in the stock market. To mitigate these risks, investing in solid REITs Gladstone Commercial (GOOD), Alpine Income Property (PINE), and American Tower (AMT) could offer stability. Read more to find out….

StockNews.com

IBM (IBM) vs. Oracle (ORCL): Which Legacy Tech Stock Offers Better Value?

The technology industry is thriving due to the growing focus on digital transformation across industries and the ever-increasing demand for IT services. Amid this, let’s compare tech stocks International Business Machines (IBM) and Oracle (ORCL) to analyze which tech stock offers better value. Read on to find out….

Barchart

Is Palo Alto Networks the Best Cybersecurity Stock to Buy Now?

Following CrowdStrike's recent software debacle, Palo Alto Networks has emerged as a more attractive investment option in the cybersecurity space, thanks to its strong performance and more attractive valuation.

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