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IBM dispenses with facial recognition products and condemns racially biased surveillance: NPR

IBM announced this week that it would stop selling its facial recognition technology to customers, including law enforcement agencies. The move caused other technology companies like Amazon and Microsoft to do the same. Richard Drew / AP Hide label Switch label Richard Drew / AP IBM announced this week that it would stop selling its facial recognition technology to customers, …

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According to IBM, customers are in cash-saving mode, a harbinger of software revenue

If the early warnings from International Business Machine Corp. Signs of this are probably not a good earnings season for software companies. IBM IBM, -4.00% pointed to a sharp slowdown in software sales in late March as the US COVID 19 outbreak worsened, suggesting that the enterprise software industry will experience some pain until companies feel more confident about the …

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IBM Q1 2020 earnings

Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak on stage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images IBM stock dropped 3% in expanded trading on Monday after the company released first quarter results that showed a return to sales declines as …

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IBM, Morgan Stanley, Honeywell, Netflix and more

Look at the companies that made headlines before the bell: Morgan Stanley – Morgan Stanley made a profit of $ 1.27 per share in the third quarter, beating estimates by 16 cents a share. Sales also exceeded analyst forecasts. Chairman and CEO James Gorman said the quarter was strong despite a typical summer slowdown and volatile markets. Honeywell – Honeywell …

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IBM share slips off after sales Street View misses

International Business Machines Inc. shares retreated to extended session on Wednesday after the technology giant reported lower sales than expected by Wall Street. However, the company announced that it will see sustained sales growth in 2020 after more than a year of decline. IBM IBM, -0.62% shares fell 5.1% after hours after a decline of 0.6% to $ 142.11 in …

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IBM reportedly fired up to 100,000 people because it wanted to be "cool" and "trendy" like Amazon or Google

IBM CEO Ginni Rometty. (Getty) IBM has reportedly sacked up to 100,000 people in recent years for wanting to be "cool" and "trendy," like Amazon and Google, Bloomberg reported Wednesday. IBM was hit by several age groups Discrimination lawsuits filed by former employees. Following the allegation, the company said IBM was "re-invented to provide greater value to our customers." IBM …

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Apollo 11: How IBM Computer Whizzes Rescued the Mission

But as the Apollo 11 mission approached the moment of truth and began its descent to the lunar surface, a crisis erupted. "An acoustic alarm was triggered in the spaceship," recalls Ahr. "It was very messy, it started in your ears." Ahr heard the sirens on his headset for the first time. Soon, alarms and flashing lights went out at …

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IBM Revenue Lags as a cloud pivot remains a challenge

IBM -0.32% International Business Machines Corp. Revenues declined for the fourth quarter in a row as the company struggled to shift its business to the modern computer age, even though Big Blue's profit grew faster than Wall Street predicted. Revenues decreased 4.2% year-on-year to $ 19.16 billion. Earnings increased 3.9% to $ 2.5 billion as the company worked to reduce …

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IBM patented a smartwatch that turns into a phone and a tablet

The patent shows a rectangular shaped smartwatch that has a thicker housing than usual under the display. This is because the case contains a compartment with seven additional panels. Users could expand the display on the clock from one field to two fields, four fields, or eight fields. Each panel measures 3 inches by 2 inches; When the device is …

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