IBM rolls out Power 10 data center centric chip

On Monday, in a significant development, International Business Machines Corp (IBM) announced a new processor for data centers that can handle three times the workload of its predecessor. IBM’s Power10 chip will be manufactured by Samsung Electronics Co Ltd. The Power10 will benefit from Samsung’s 7-nanometer chip manufacturing process, which incidentally is similar to its…

AMD and HPE win U.S. supercomputer deal which will model nuclear blasts

In a statement, Advanced Micro Devices Inc and Hewlett Packard Enterprise Co stated, they had won a $600 million deal to deliver a supercomputer that will be used by the U.S. Department of Energy’s nuclear security arm to support the nation’s nuclear arsenal. The supercomputer, dubbed El Capitan, named after the famous rock face in…

IBM’s new battery design reduces cobalt requirements, uses minerals from seawater instead

In a significant breakthrough, International Business Machines Corp stated, it has created a battery design that uses materials extracted from seawater and which does not use cobalt, an expensive mineral. IBM stated, it has partnered with the research wing of Daimler AG’s Mercedes-Benz, and battery manufacturer Sidus, for the commercial development of the new design.…

IBM, TATA join Hedera Hashgraph’s governing council

Hedera Hashgraph is a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies. According to a top official from Hedera Hashgraph, a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies, India’s Tata Communications along…

Online platforms should be held responsible for social media content: IBM

IBM has proposed changes to Section 230 of the Communications Decency Act (CDA 230). If its proposals are incorporated into law, they will materially impact social media companies including Facebook, Facebook’s WhatsApp and Instagram as well as Alphabet Inc’s YouTube, to name a few. In a significant development, International Business Machines (IBM) Corp has proposed…

Top 3 Australian banks join IBM and Scentre Group to test blockchain technology

Blockchain technology is steadily gaining traction in the financial world. Australia’s top 3 banks aim to use blockchain to reduce the risk of fraud as well as digitize bank guarantees. On Thursday, in a significant development, the top 3 banks in Australia stated, they have agreed to partner with IBM and with the Scentre Group…

IBM and Maersk develop trade platform using blockchain technology

Already 94 companies and organizations have joined TradeLens – a platform that aims to manage and track the supply chain process of shipping goods, including freight forwarding and trade finance, from end to end. On Thursday, Maersk, a shipping group stated, ninety four companies and organizations have so far joined a blockchain platform it has…

IBM sues Lindsay-Rae McIntyre for breach of 1 year non-competitive agreement

Lindsay-Rae McIntyre has been barred from joining Microsoft, pending a court review of the lawsuit. On Tuesday, International Business Machines (IBM) Corp sued Lindsay-Rae McIntyre, a former executive alleging violations of its 1-year non-competitive agreement. Over the weekend McIntyre was named by Microsoft Corp as its new chief diversity officer. According to documents that were…

The London Stock Exchange Group testing blockchain tech with select clients

The LSEG is collaborating with IBM to develop a platform based on an opensource version of bitcoin tech called Hyperledger Fabric. In a significant development for the development of bitcoin technology, the London Stock Exchange Group Plc is collaborating with IBM so as to build a blockchain-based platform for the purpose of issuing private shares…