Apple, Disney, Comcast among X advertisers pausing spending after Musk endorsed antisemitic post

After X owner Elon Musk amplified antisemitic conspiracy theories on the platform, numerous high-profile advertisers have paused their spending on the platform formerly known as Twitter. Since Friday,

IBM rolls out new generative AI features and models

Fighting for relevance in the growing — and ultra-competitive — AI space, IBM this week introduced new generative AI models and capabilities across its recently launched Watsonx data scien

IBM taps AI to translate COBOL code to Java

COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey, there&#

IBM sells The Weather Company assets to Francisco Partners

Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it’s found a buyer for The Weather Company, the weather forecast

Millions of Americans’ health data stolen after MOVEit hackers targeted IBM

Millions of Americans had their sensitive medical and health information stolen after hackers exploited a zero-day vulnerability in the widely used MOVEit file transfer software raided systems operate

Red Hat saved IBM’s bacon this quarter

IBM reported earnings this week, which weren't exactly stellar, but without Red Hat's revenue, it could have been far worse.

What do FinOps and parametric insurance have in common?

The rise of FinOps already fueled multiple acquisitions, including IBM's plan to acquire Apptio for a whopping $4.6 billion, but there's more to come.

IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services

As cloud architecture continues to be more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and publ

Ten months after promotion, Red Hat CEO Matt Hicks navigates layoffs and AI’s rise

Ten months into his tenure as CEO at Red Hat, Matt Hicks has had to deal with myriad issues from the economy to emerging AI.

Red Hat brings generative AI to IT automation with Ansible Lightspeed

Red Hat is holding its annual customer summit in Boston this week, and today it announced a couple of enhancements to Ansible, its open source IT automation tool, including the new AI-fueled Lightspee

Confirmed: IBM acquires Polar Security for $60M to automate cloud data management

Update: IBM has now confirmed the news and said Polar will be integrated into its Guardium unit (itself based on an acquisition from way back in 2009). No price disclosed. Original article below. Cybe

IBM intros a slew of new AI services, including generative models

IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools to build AI models and pr

After spinning out of IBM-acquisition NS1, open source startup NetBox Labs raises $20M

NetBox Labs, a new open source startup spun out of VC-backed network automation company NS1 back in January, today announced it has raised $20 million in a Series A round of funding from a slew of hig

IBM acquires GraphQL startup StepZen to step up its game in API management

GraphQL, developed internally at Facebook to help developers with API management before getting rolled out as an open source query language in 2015, has gained traction as an alternative (or complemen

New Red Hat partnerships with SAP and Oracle could bode well for owner IBM

It’s been a good week for Red Hat, and by extension IBM, the company that owns it. That’s because Red Hat signed two partnership agreements this week, one with Oracle and the other with SAP. Those

IBM unveils its 433 qubit Osprey quantum computer

IBM wants to scale up its quantum computers to over 4,000 qubits by 2025 — but we’re not quite there yet. For now, we have to make do with significantly smaller systems and today, IBM anno

On cloud platforms and SME antitrust complaints

End-to-end encrypted email provider Tutanota finally got a fix last month from Microsoft for a registration issue that had affected users who were trying to sign up to the tech giant’s cloud-bas

Tighter VC capital forces AI startups to face the music

A new report from PitchBook shows that VC activity in the AI sector declined precipitously over the past few months.

LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement comes roughly eigh

Lumachain, using computer vision to transform meat production, bites into new capital

Lumachain's goal is to solve some of the global meat industry's key challenges, including employee shortages and supply chain disruptions.
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