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IBM to Pay $17 Million to Settle DOJ Allegations of Discriminatory DEI Practices
IBM will pay $17.08 million to settle allegations of illegal discrimination through its DEI policies in federal contracting. The case underscores escalating federal oversight of corporate diversity practices and potential policy changes ahead.
Colorado Considers Law to Limit Right to Repair for Critical Infrastructure Hardware
Tech companies including Cisco and IBM are lobbying Colorado lawmakers to restrict the state's right to repair law for critical infrastructure hardware. The legislation, recently passed by a Senate committee, could significantly weaken protections and increase industry control over repairs.
IBM Launches AI-Powered Masters Vault Search to Explore 50 Years of Tournament History
IBM launched the AI-powered Masters Vault Search for fans to explore more than five decades of Masters Tournament footage with simple queries. This innovation boosts fan interaction by leveraging AI technology ahead of the tournament's 90th edition.
IBM Stock Plummets Over Misconceptions and AI Claims on COBOL Modernization
IBM's stock fell sharply amidst misconceptions about COBOL modernization. Anthropic's AI claims have intensified market fears, impacting IBM's valuation.