IBM quietly axing thousands of jobs, source claims - The Register
WEB3 days ago · IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce rebalancing" charge in 2023. ... True to its word, it is this week giving those thousands the bad news and laying them off. Staff at AppDynamics ...
IBM wins $45 mln verdict against Zynga in internet tech patent trial
WEB5 days ago · IBM has convinced a federal jury in Delaware that mobile-game maker Zynga owes $44.9 million in damages for violating IBM's patent rights in what the tech giant called "foundational" internet ...
Zynga says it will fight $45 million fine for infringing ... - Engadget
WEB4 days ago · As a result, Zynga could be facing damages of $44.9 million. IBM's "Method for presenting advertising in an interactive service" patent from 1993 accounts for $40 million of the recommended ...
IBM Starts New Round Of Layoffs - CRN
WEB1 day ago · IBM, which reported revenue of $15.8 billion in its second quarter, will report its third quarter earnings results on Oct. 23. The company’s stock has been on a tear so far this year, up about ...
IBM scores $45M zinger from Zynga in patent wringer
WEBIBM's patent farm has yielded another bumper crop, with a Delaware jury awarding Big Blue $45 million in damages from mobile games maker Zynga. …. Jurors decided [PDF] last week that FarmVille ...
Farmville Developer Zynga Hit with $44.9 Million Pay-Out to IBM
WEB4 days ago · Zynga has been ordered by a judge to pay the damages for violating IBM’s patent rights. After two years of court proceedings, a Delaware judge has ruled that Zynga must pay IBM $44.9 million in ...
IBM wins $44.9m in infringement lawsuit against Zynga
WEB5 days ago · Jury found in favour of IBM, which says Zynga's Farmville game breached patents. IBM has won its 2022 patent infringement lawsuit against Zynga. IBM convinced a Delaware jury that mobile developer ...
Zynga owes IBM $45M after using 1980s patented technology for …
WEB4 days ago · via Zynga. 84. Zynga must pay IBM nearly $45 million in damages after a jury ruled that popular games in its FarmVille series, as well as individual hits like Harry Potter: Puzzles and Spells ...
IBM talks up cost savings, including 'workforce rebalancing' - The …
WEBJan 25, 2024 · IBM is recasting its ambitions for annual run rate cost savings by upping the target by another $1 billion, and will pull multiple levers to get there – including a completion of the Weather Company’s asset and job cuts.
New IBM Processor Innovations To Accelerate AI on Next-Generation IBM …
WEBAug 26, 2024 · The integrated AI accelerator allows for low-latency, high-throughput in-transaction AI inferencing, for example enhancing fraud detection during financial transactions, and provides a fourfold increase in compute capacity per chip over the previous generation.