
IBM speeds up computing
Mixes quantum and conventional methods
IBM has found a way to combine a new program execution environment, Qiskit, which uses a mix of conventional and quantum computing to deliver a 100 times speedup for tasks that depend on iterative circuit execution.

IBM rumoured to have slashed blockchain team
Failed to meet revenue targets
The dark satanic rumour mill has manufactured a hell on earth yarn claiming that IBM has cut its blockchain team down to almost nothing.

IBM pays up on school subsidies
$24.25 million to make case go away
Biggish Blue has agreed to pay $24.25 million to make a pair of investigations by the Federal Communications Commission(FCC) over subsidies awarded to connect schools and libraries to broadband go away.

IBM confirms loss of 10,000 jobs in EU
Preparing for the spin off
IBM has confirmed that it will cut 10,000 jobs in Europe in an attempt to lower costs at its slow-growth services unit and prepare the business for a spinoff.

IBM says sorry for firing transgender pioneer
52 years later
On August 29, 1968, IBM’s CEO fired computer scientist and transgender pioneer Lynn Conway to avoid the public embarrassment of employing a transwoman.

IBM set to cull EU workforce
Particularly in the UK
IBM is set to cull its workforce in Europe, with the UK likely to be the worst hit.

IBM and AMD team up on AI
Want to enhance each other’s products
IBM and AMD have announced a multi-year joint development agreement to enhance and extend their security and artificial intelligence (AI) products.

IBM sees cloud boost
Still a little uncertain about COVID-19
IBM surprised the cocaine nose jobs of Wall Street with its estimates for quarterly revenue -- thanks mostly to the cloud.

IBM divides to conquer
Separating its clouds
IBM announced that the company would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services.

IBM releases quantum plans
1000 qubits by 2023
IBM has announced its quantum “road map” which includes plans to built a 1000 qubit model by 2023.