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IBM forces 20K Americans to train their 37K Indian replacements, then fires them

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Outsourcing corporation IBM laid off about 20,000 older Americans in the last five years, a new investigation reveals, while the tech multinational sought to import at least 37,000 foreign workers to take U.S. jobs. A joint investigation by ProPublica and Mother Jones reveals that about 60 percent of the Americans that were laid off by IBM in the last five years were workers over the age of forty.... 

IBM Presents Most Powerful Computer in the World: 50-Qubit

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IBM has announced a major breakthrough in the field of quantum computing after the company managed to build a prototype 50-qubit processor. The quantum computing race has apparently reached another milestone as IBM has announced the creation of its 50-qubit prototype quantum computer. Dario Gil, Vice President of AI and IBM Q, said that this is the first time that any company has built a quantum computer... 

Man charged with espionage on IBM, giving secrets to China

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In yet another case of the ongoing economic espionage war being waged by China against America, Chinese national Xu Jiaqiang has pleaded guilty before a White Plains, New York federal court on charges of “economic espionage and theft of a trade secret.” According to a U.S. Department of Justice (DOJ) statement, the charges stem from Xu’s theft of proprietary source code from his former employer,... 

IBM Announces It Will Create 25,000 U.S. Jobs Ahead of Meeting With Trump

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US technology giant IBM has said it will hire 25,000 people in the United States over the next four years, ahead of a meeting between President-elect Donald Trump and tech industry leaders. About 6,000 of those appointments will be made in 2017, IBM chief executive Ginni Rometty wrote in opinion article published in USA Today. IBM, which in recent years has restructured its activities, will invest... 

Kaspersky Reveals HDD firmware virus infecting computers since 2001

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Since 2001, a group of hackers, dubbed the “Equation Group” by researchers from Moscow-based Kaspersky Lab, have infected computers in at least 42 countries (with Iran, Russia, Pakistan, Afghanistan, India, and Syria most infected) with what Ars Technica calls “superhuman technical feats” indicating “extraordinary skill and unlimited resources.” The exploits, including the ‘prized technique’... 

China calls banks to stop using IBM servers over US espionage fears

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China is calling on banks to stop using IBM servers and replace them with local-made machines amid fears that the nation’s financial security might be compromised via the US-based company’s servers, a Bloomberg report has revealed. The new request comes amid an intensified spy scandal between China and the US. The People’s Bank of China and the Ministry of Finance have been asking banks to suspend... 

Russia Warns Of Catastrophic 21 December 2012 “Event Horizon”

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A startling report prepared by the Foreign Intelligence Service (SVR) states that evidenced uncovered by France’s General Directorate for External Security (DGSE), during their investigation into the hacking of former President Nicolas Sarkozy’s computers by the United States and Israel, is revealing that our world is about to experience a “technological singularity”, which is seen as an intellectual... 

IBM team present images of detailed molecular bonds

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IBM images shoe detailed molecular bonds. A team of international researchers from the IBM in Zurich has published the first detailed single-molecule images of atomic bonds in fullerene. According to the report published in Science, the new study has examined fullerene, which has linked rings of carbon atoms at its core, using an atomic force microscopy or AFM. Their images show the length of the atomic... 

EU launches antitrust investigations into IBM

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The European Union’s antitrust regulators said Monday they have launched two formal investigations into IBM for alleged antitrust abuses in the mainframe computer market. In a news release, the European Commission said it is investigating allegations by software competitors T3 and Turbo Hercules that IBM tied its mainframe operating system to sales of its mainframe hardware. By doing so, the companies... 
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