Category: International Business Machines Corporation

More Advertisers Halt Spending on X in Growing Backlash Against Musk

Warner Bros. and Sony have joined other companies in pausing spending on X, formerly Twitter, over Elon Musk’s endorsement of an antisemitic post.
Apple and Disney Halt Ads on X After Musk Endorses Antisemitic Post

Disney, Apple and Lionsgate halted marketing on X, formerly Twitter, as Elon Musk faced a furor over antisemitic abuse on his social media platform.
Advertisers Push Back at Social Media Firms over Antisemitism

Companies, celebrities and influencers have taken TikTok and X — and Elon Musk himself — to task for the rise of hate speech on their platforms since the Oct. 7 Hamas attacks on Israel.
X Races to Contain Damage After Elon Musk Endorses Antisemitic Post

IBM, a major advertiser on X, has pulled its spending from the social media platform, whose employees are grappling with what to tell its other advertisers, according to internal messages.
Martin Goetz, Who Received the First Software Patent, Dies at 93

“I knew at some point in time the patent office would recognize” computer software, he said. It happened in 1968, helping to ignite the software market.
IBM Tries to Ease Customers’ Qualms About Using Generative A.I.

The company will assume the legal risk of businesses that use its A.I. systems and will publish the technology’s underlying data.
Quantum Computing Advance Begins New Era, IBM Says

A quantum computer came up with better answers to a physics problem than a conventional supercomputer.
Accenture Will Invest $3 Billion to Expand Its A.I. Offerings

The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology.
Senators and Sam Altman, OpenAI’s CEO, Debate How to Regulate AI

Lawmakers and Sam Altman, the chief executive of OpenAI, agreed that artificial intelligence should be regulated. How to do that remains an open question.
Wall Street Fears a Banking Crisis Despite First Republic’s Sale

Even after the sale of First Republic, investors are worried about challenges that regional banks still face, imperiling the economy.
Tesla Bulls Take Heart From Strong Profits

The New York Times – Business:
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
IBM Announces 3,900 Job Cuts

The New York Times – Business:
The company said the layoffs were a final step after asset sales rather than a sign of weakness in its business.