Tag Archives: IBM

IBM Wins $83 Million in Groupon E-Commerce Patent Fight

A US jury awarded IBM $82.5 million (roughly Rs. 562 crores) after finding that Groupon infringed four of its e-commerce patents. Friday’s verdict is a boon to IBM’s intellectual-property licencing business, which last year brought in $1.19 billion (roughly Rs. 8,200 crores) for the company, holder of more than 45,000 patents. IBM sued Groupon for $167 million (roughly Rs. 1,150 crores), accusing it of ... Read More »

IBM beefs up its powerful cognitive computers with Google’s AI tools

Google has cool technology to recognize images and speech, and IBM’s hardware can diagnose diseases and beat humans in Jeopardy. Combine the two, and you get a powerful computer with serious brains. IBM is merging Google’s artificial intelligence tools with its own cognitive computing technologies, allowing deep-learning systems to more accurately find answers to complex questions or recognize images or ... Read More »

A vexing question for Watson: Why is IBM surging?

Here’s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue’s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM’s artificial-intelligence platform more data to chew on is useful, but investors’ glee over an opaque addition to an enigmatic business effort is ... Read More »

IBM says its new software links all your IT to the cloud

the digital-transformation imperative looms large in the business world, but it’s not always clear how on-premises software and data fit into the picture. IBM says it can help. The company on Monday announced a new series of “connect” tools for IBM Cloud that are designed to make it easier for companies to extend existing IT investments to the cloud. “There ... Read More »

IBM dangles $5 million prize for major breakthroughs using Watson

IBM has been encouraging developers to build apps using its Watson artificial intelligence system, which it hopes will be a big moneymaker for the company in the future. On Wednesday it kicked off its latest push, pledging US$5 million in prizes for whoever makes the biggest breakthroughs using Watson by 2020. “We’re inviting teams from around the world to develop ... Read More »

IBM goes all in on blockchain, offers cloud-based service

IBM is betting big on blockchain secure-records technology taking off beyond its traditional use in bitcoin and other financial transactions. The company is now offering a cloud-based service to allow developers to set up blockchain networks and test and deploy related apps. IBM announced a flurry of blockchain-related initiatives Tuesday, including developer services hosted on its Bluemix cloud. Developers can ... Read More »

After-hours buzz: NFLX, IBM, WSM & more

Netflix shares soared in extended trading on Tuesday. The video streaming company reported quarterly earnings that topped analysts’ expectations as its international expansion boosted subscriber growth. Netflix added 5.59 million total net subscribers in the quarter, up from 4.33 million additions in the previous year. The company had 4.04 million net subscriber additions outside of the United States, easily beating ... Read More »