ibm
San Francisco (AFP) - IBM on Thursday said it has stopped advertising on X due to a report its ads were shown next to pro-Nazi posts at the platform formerly known as Twitter. The move came as X owner Elon Musk faced criticism for endorsing an unfounded antisemitic conspiracy theory on the service. Nonprofit Media Matters on Thursday reported that it found Apple, Oracle and IBM ads displayed next to posts touting Hitler and the Nazi Party on X. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely un...
AFP
Poughkeepsie (United States) (AFP) - IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state. CEO Arvind Krishna unveiled the spending, which will take place over a decade, in a speech alongside Biden in the tech giant's Poughkeepsie facility. "We are proud to announce that IBM is pledging to invest $20 billion across the region," he told cheering workers. "This investment includes breakthroughs in semiconductor technology, mainframe computers, quantum computers...
AFP
San Francisco (AFP) - US computer giant IBM soothed market jitters Monday with better-than-expected results and a slight uptick in turnover after four quarters down. Its stock rose 3.14 percent during electronic trading after the close of the New York Stock Exchange. IBM raked in $17.7 billion in revenue in the first quarter of 2021, up 0.9 percent from last year at the same time. Its net profit, on the other hand, fell from $1.18 billion to $955 million. Cloud computing, which has become the lifeblood of the company, posted revenue of $5.4 billion, slightly up. This sector is notably driv...
AFP
New York (AFP) - Hackers are targeting the coronavirus vaccine supply chain, IBM warned Thursday, saying it had uncovered a series of cyber attacks against companies involved in the effort to distribute doses around the world. It was "unclear" if the attacks were successful, IBM said, adding that they were potentially carried out by state actors. "Our team recently uncovered a global phishing campaign targeting organizations associated with a COVID-19 cold chain," Claire Zaboeva and Melissa Frydrych, analysts for IBM X-Force, a cyber security working group, wrote in a blog post. The European...
AFP
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