Saturday, October 19

Tag: IBM

IBM to Buy Business Units From Software AG for $2.32 Billion
18Dec By adminNo Comments
World

IBM to Buy Business Units From Software AG for $2.32 Billion

Updated Dec. 18, 2023 3:30 am ETIBM said it will buy German software company Software AG’s webMethods and StreamSets divisions for 2.13 billion euros ($2.32 billion).The acquisition comes as the U.S. technology giant continues to focus on and invest in hybrid cloud and artificial intelligence technology, the companies said on Monday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Companies Conducting Layoffs in 2023: Here’s the List
14Dec By adminNo Comments
World

The Companies Conducting Layoffs in 2023: Here’s the List

Updated Dec. 14, 2023 12:04 pm ETAfter a rash of layoff announcements at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling. Tech-industry layoffs, which dominated at the start of 2023, included Facebook parent Meta Platforms, Google parent Alphabet and Microsoft. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New York Joins IBM, Micron in $10 Billion Chip Research Complex
11Dec By adminNo Comments
World

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Updated Dec. 11, 2023 12:26 pm ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility near the University at Albany that is set to bring advanced chip-making equipment to the state.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New York Joins IBM, Micron in $10 Billion Chip Research Complex
11Dec By adminNo Comments
Technology

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Dec. 11, 2023 12:01 am ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility at the University at Albany that is set to include some of the most advanced chip-making equipment in the world.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Elon Musk Said Antisemitic Social-Media Post Was ‘the Actual Truth’
16Nov By adminNo Comments
World

Elon Musk Said Antisemitic Social-Media Post Was ‘the Actual Truth’

Updated Nov. 16, 2023 5:22 pm ETElon Musk agreed with a post on X that said Jewish people hold a “dialectical hatred” of white people, eliciting a new round of criticism that he promotes antisemitic views.Musk, the billionaire owner of X Corp., formerly Twitter, responded to a user’s post Wednesday that espoused an antisemitic conspiracy theory with: “You have said the actual truth.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech Selloff Intensifies, Pulling Down Nasdaq
26Oct By adminNo Comments
Money

Tech Selloff Intensifies, Pulling Down Nasdaq

A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year. The tech-heavy index dropped 1.8%, while the S&P 500 shed 1.2%. The Dow Jones Industrial Average declined around 250 points, or 0.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech Stocks Tumble, Pushing Nasdaq Lower
26Oct By adminNo Comments
Money

Tech Stocks Tumble, Pushing Nasdaq Lower

A steep drop in shares of Alphabet, Amazon.com and other technology companies dragged the Nasdaq Composite into correction territory Wednesday. The tech-heavy index slid 2.4% in a punishing session that pulled it down more than 10% from its recent high. Its losses accelerated in the afternoon, sending the gauge to one of its worst one-day declines of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Women Workforce: Hybrid mode boosts women workforce
15Sep By adminNo Comments
Business

Women Workforce: Hybrid mode boosts women workforce

MUMBAI: In a move indicating a strong intent for gender balance and the significance of hybrid work culture, 3.4 lakh women - about 38% of total employees - were hired by 100 firms that emerged as 'best companies for women in India' in 2023, according to a study.In the study, Avtar & Seramount also found that 97% of these companies reported structured hybrid working practices to result in a larger number of women seeking employment in these organisations. At a panel discussion, Aditya Mittal, CHRO, Citi South Asia, said that of big inflection points in the history of work - such as industrialisation and the advent of computers - it was Covid that really pushed the boundaries on flexibility. Further stating that the flexibility ushered in post-pandemic is sustainable, Mittal added: "Th...
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Chuck Schumer hosts tech companies Google, Meta, Microsoft, and X over AI regulations including Chat GPT
13Sep By adminNo Comments
Technology

Chuck Schumer hosts tech companies Google, Meta, Microsoft, and X over AI regulations including Chat GPT

Washington CNN  —  Some of the most influential voices in the tech industry are set to meet with federal lawmakers Wednesday morning as the US Senate prepares to draw up legislation regulating the fast-moving artificial intelligence industry. Among those attending the in-person event will be the CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X, the company formerly known as Twitter. The guest list also includes Bill Gates, the former CEO of Microsoft, and Eric Schmidt, the former CEO of Google, along with leading officials from the entertainment industry, civil rights groups and labor organizations. Wednesday’s meeting and its expected all-star cast marks the first of ...
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