Items tagged with (NYSE:IBM)

IBM Research on Thursday announced that it has produced the semiconductor industry's first 7-nanometer node test chips with functioning transistors. The accomplishment was a joint effort with partners GlobalFoundries, Samsung, and SUNY Polytechnic Institute's Colleges of Nanoscale Science and Engineering. It's also an important milestone in IBM's $3 billion research initiative announced last year. The initiative is a five-year plan that calls for IBM to heavily invest in a pair of broad research and early stage development programs to push the limits of chip technology. Getting to 7nm was one of... Read more...
Consider it an unfortunate sign of the times we live in that companies have to set aside enormous funds to contend with the cost of cyber related crimes. We're not talking chump change here -- according to a study by security firm Ponemon Institute that was funded by International Business Machines, the average cost of a data breach is now $3.8 million. That's up from $3.5 million a year ago and includes fees for investigating the breach, hiring experts to fix whatever security issue the hackers exploited, offering credit monitoring services for affected customers, and so forth. It adds up fast... Read more...
The human brain is this wonderfully complex organic mass of nerve fibers and electrical impulses, and as much as we know about it today from an anatomical standpoint, there are many mysteries that we have yet to solve. It's what we don't know that makes true artificial intelligence so difficult, though it's also alluring, which is one reason why IBM is getting involved with machine learning. Palm founder Jeff Hawkins has invested his own time and money into mapping out the human brain in hopes of advancing AI technology through his company Numenta. You've probably never heard of Numenta, which... Read more...
Think stealing hundreds of thousands of dollars from an enterprise organization is difficult? You might be surprised after learning about how the 'Dyre' malware that IBM has been tracking operates. Like most malware, Dyre needs to infect a PC in order to work. This can be done via a number of different methods, but email is the most common. Once someone takes the bait, the waiting game begins for a bank transfer to be made. If the thieves behind Dyre are lucky enough to infect an important PC, an error message will be displayed in the event that a bank transfer is initiated, complete with a phone... Read more...
IBM is planning to invest a whopping $3 billion over the next four years on a new Internet of Things (IoT) division that will focus on the enterprise. In addition, IBM said it's building a cloud-based open platform designed to help clients and ecosystem partners build IoT solutions. The open platform will help its clients and partners integrate data from a wide range of IoT and traditional sources, ultimately allowing them to design and produce a whole new generation of connected devices that are better optimized for IoT. "Our knowledge of the world grows with every connected sensor and device,... Read more...
Hot on the heels of its announcement that a Chinese tech company will be making Power8-style processors, IBM is taking further steps to publicly ally with China. IBM’s CEO and Chairperson Virginia Rometty attended the China Development Forum this week, where she discussed IBM’s stance on doing business with Chinese tech companies. “If you’re a country, as China is, of 1.3 billion people you would want an IT industry as well, Rometty said, according to Reuters. She went on to say that, where other companies might be frightened by the prospect, IBM considers it a “great opportunity.” (Image credit:... Read more...
IBM's X-Force Application Security Research Team has discovered a severe bug that plagues the Dropbox SDK on Android, which apps can use to interact with the cloud storage service. Dubbed 'DroppedIn', unauthorized apps have been able to access a rogue Dropbox account, potentially allowing an attacker to grab data off of your device for their later perusal. The bug affects SDK version 1.5.4 through 1.6.1, and has been fixed as of 1.6.2. As serious as this bug is, it's nice to know that Dropbox wasted no time in fixing it. Security Intelligence notes that Dropbox responded to IBM's email about the... Read more...
Although IBM appears to be on the verge of major jobs cut, details are slim.  Forbes columnist Robert Cringely reported last week that about 26 percent of IBM’s existing workforce of 431,000 employees would receive unwelcome phone calls from their managers this week. According to the report, cuts would likely be complete by the end of February as part of the reorganization project codenamed Project Chrome. But while additional stories following the initial Forbes report of over 100,000 employee layoffs have run pretty much unchecked for the past few days, IBM is offering... Read more...
Watson made a name for itself when IBM paraded the artificially intelligent computer system on Jeopardy and pitted it against the game show's two biggest winners of all-time -- Ken Jennings, who holds the record for the longest winning streak, and Brad Rutter, the all-time money winner. The supercomputer vanquished its human and flesh opponents, but more importantly, it introduced the world to IBM's impressive technology. Oh, and by the way, you can tap into that big brain of Watson's, for a price. IBM announced that Watson Analystics, a breakthrough natural language-based cognitive service that... Read more...
IBM can celebrate inking a lucrative contract with Deutsche Lufthansa AG to deliver IT infrastructure services for the company and the its Group affiliates. It's a seven year contract worth 1 billion euros (over $1.2 billion in U.S.currency), subject to the approval of the Lufthansa Supervisory Board and antitrust authorities. Assuming the deal gets finalized, IBM's first order of business will be to optimize the airline's IT processes to increase efficiency. That alone is expected to generate an estimated cost savings by of an average of approximately 70 million euros (around $87.7 million) annually... Read more...
Technically speaking, IBM stuck a fork in Lotus 1-2-3 over a year ago when it announced the once popular spreadsheet's EOL (End of Life). IBM picked June 11, 2013 as the last day it would market the most sought after spreadsheet program of the mid-1980s, but also vowed to continue supporting the program up through September 30, 2014, or last Tuesday. That day has come and gone, officially marking the end of an impressive 31-year run. Think about that for a moment -- this software's been available and supported for over three decades dating back to when computers in the home were the exception,... Read more...
Lenovo is already the world's top PC maker in terms of shipments and sales, and once it closes the deal with IBM for its server division, the Chinese company will become the third largest player in the global x86 server market. No small deal, Lenovo is paying IBM $2.1 billion to increase its standing in a market that's worth $42.1 billion. "With the close of the x86 acquisition, Lenovo will add a world-class business that extends our capabilities in enterprise hardware and services, immediately making us a strong number three in the global server market," said Yang Yuanqing, chairman and CEO of... Read more...
Uh oh, BlackBerry -- with some help from IBM, it looks like Apple is making a play for the enterprise market with its mobile devices. Starting this fall, IBM is planning to partner exclusively with Apple to sell iPhone and iPad devices pre-loaded with native applications developed from the ground up specifically for enterprise customers. The initiative is called IBM MobileFirst for iOS. It combines IBM's big data and analytic capabilities with Apple's consumer experience, along with its hardware and software integration and developer platform. The two envision creating apps that will transform... Read more...
Say it loud and clear with us: "Seven nanometers." That's pretty much a pipe dream right now, both in terms of how far removed we are from that achievement -- 7nm represents a chip technology that's three generations away -- and the technological hurdles required to get there. Nevertheless, IBM wants to make sure we get there, and help accelerate the process, the company announced plans to invest a hearty $3 billion over the next 5 years into chip R&D efforts. IBM's investment will be split into two broad research and early stage development programs, both of which are intended to push the... Read more...
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