IBM News

IBM Sells Weather Business to Private Equity Firm Francisco Partners

International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather Company’s consumer-focused assets such as Weather.com and …

INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI

In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client’s idea after weeks of internal discussions, deeming the project too ethically dicey …

IBM Uncovers More Cyber Attacks on COVID-19 Vaccine Supply Chain

International Business Machines Corp. said on Wednesday its cyber-security unit has uncovered more digital attacks targeting the global COVID-19 vaccine supply chain since the issue was originally flagged late last year. The cloud services provider said it recently found that …

IBM Calls For Rules to Curb Bias in Artificial Intelligence

IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data that bakes in past discriminatory practices and could harm women, minorities, the disabled, older Americans and others. As it seeks …

IBM Joins Call to Trim Liability Shield for Google, Facebook, Other Internet Platforms

International Business Machines Corp. on Wednesday threw its support behind enacting a new policy to limit liability protections enjoyed by internet platforms such as Alphabet Inc.’s Google, Twitter Inc. and Facebook Inc. Ryan Hagemann, an IBM government and regulatory affairs …

Indiana Court: IBM Owes State More Than $70M in Automation Dispute

Indiana’s Supreme Court has decided IBM Corp. must pay the state more than $70 million over the company’s failed effort to automate much of the state’s welfare services. The court ruling upholds lower court rulings in the case that began …

Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest

From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny electronic nodes inside baseball-sized rubber casings …

Whew! Human Beats IBM’s AI Machine in Debate

International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came close. The tech giant’s six-year-old artificial intelligence debating system, affectionately dubbed “Miss Debater,” went head-to-head with one of the world’s …

Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from …

Israeli Firm Among Those Seeing Profit in Telematics Data

The road to profits is paved with good data. Every hour, a modern car processes about 25 gigabytes of information — the equivalent of about seven full-length high-definition movies — on everything from engine temperature and tire pressure to what’s …