Latest IBM Headlines
All the headlines from our IBM Topic Page, ordered by recency.
IBM Sells Weather Business to Private Equity Firm Francisco Partners
Aug 23 2023 // International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather...
Average Cost of a Data Breach Has Reached an All-Time High: IBM Report
Aug 8 2023 // According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data breach cost reaching $4.45 million, a 2.3% increase from 2022 and a 15.3% from 2020. The 2023 research,...
IBM Uncovers More Cyber Attacks on COVID-19 Vaccine Supply Chain
Apr 15 2021 // International Business Machines Corp. said on Wednesday its cyber-security unit has uncovered more digital attacks targeting the global COVID-19 vaccine supply chain since the issue was originally flagged late last...
IBM Warns COVID Vaccine ‘Cold Chain’ Process Has Been Targeted by Hackers
Dec 4 2020 // IBM is sounding the alarm over hackers targeting companies critical to the distribution of COVID-19 vaccines, a sign that digital spies are turning their attention to the complex logistical work involved in inoculating the...
How to Reduce the Expense of cyber business interruption
Jul 6 2020 // According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of a cyber breach, averaging a whopping $1.42 million per breach. The report states that, for the...
About-Face: IBM to Exit and Oppose Facial Recognition Technology
Jun 9 2020 // International Business Machines Corp. will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind Krishna said in a letter to the members of the United States Congress...
IBM Calls For Rules to Curb Bias in Artificial Intelligence
Jan 22 2020 // IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data that bakes in past discriminatory practices and could harm women, minorities, the disabled,...
New IBM Blockchain Network Manages Supply Chain Including Insurance
Aug 6 2019 // International Business Machines Corp. announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management. Supply chain management involves overseeing the flow of goods and...
Financial World’s Blockchain Euphoria Gives Way to Pragmatism as Projects Stall
Jul 17 2019 // Two years ago Nasdaq Inc. and Citigroup Inc. announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a...
IBM Joins Call to Trim Liability Shield for Google, Facebook, Other Internet Platforms
Jul 11 2019 // International Business Machines Corp. on Wednesday threw its support behind enacting a new policy to limit liability protections enjoyed by internet platforms such as Alphabet Inc.’s Google, Twitter Inc. and Facebook...
Indiana Court: IBM Owes State More Than $70M in Automation Dispute
Jun 27 2019 // Indiana’s Supreme Court has decided IBM Corp. must pay the state more than $70 million over the company’s failed effort to automate much of the state’s welfare services. The court ruling upholds lower...
Supreme Court to Hear Case on Retirement Plan Losses
Jun 4 2019 // The U.S. Supreme Court will use a case involving International Business Machines Corp. to consider making it harder for workers to sue when their retirement plans lose money because the employer’s stock price...
Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest
May 9 2019 // From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny electronic nodes inside...
MIT Researcher Exposing Bias in Facial Recognition Tech Triggers Amazon’s Wrath
Apr 8 2019 // Facial recognition technology was already seeping into everyday life — from photos on Facebook to police scans of mugshots — when Joy Buolamwini noticed a serious glitch: Some of the software couldn’t detect...
From Insurers to Traders to Retailers, More Industries Depend on Weather Tracking
Apr 1 2019 // Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in...
Whew! Human Beats IBM’s AI Machine in Debate
Feb 13 2019 // International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came close. The tech giant’s six-year-old artificial intelligence debating system, affectionately...
Los Angeles Sues IBM’s Weather Channel for Use of Location Tracking
Jan 7 2019 // The city of Los Angeles is suing International Business Machines Corp.’s Weather Channel unit, accusing the company of misleading consumers about how their location data was being used. In a complaint filed Thursday...
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...
Marsh Makes Blockchain Proof of Insurance Accessible Through Salesforce
Sep 27 2018 // Insurance broker Marsh is expanding its collaboration with IBM to provide clients with access to the industry’s first commercial blockchain product for proof of insurance through the Salesforce customer management...
Walmart Ready to Mandate Blockchain for Certain Food Suppliers
Sep 27 2018 // After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its...
