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IBM Pledges $150 Billion US Investment

1 month 1 week ago
IBM announced plans to invest $150 billion in the United States over the next five years, with more than $30 billion earmarked specifically for research and development of mainframes and quantum computing technology. The investment follows similar commitments from tech giants including Apple and Nvidia -- each pledging approximately $500 billion -- in the wake of President Trump's election and tariff threats. "We have been focused on American jobs and manufacturing since our founding 114 years ago," said IBM CEO Arvind Krishna in a statement. The company currently manufactures its mainframe systems in upstate New York and plans to continue designing and assembling quantum computers domestically. The announcement comes amid challenging circumstances for IBM, which recently saw 15 government contracts shelved under the Trump administration's cost-cutting initiatives. Further reading: IBM US Cuts May Run Deeper Than Feared - and the Jobs Are Heading To India; IBM Now Has More Employees In India Than In the US (2017).

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'Don't Make Google Sell Chrome'

1 month 1 week ago
Ruby on Rails creator and Basecamp CTO David Heinemeier Hansson, makes a case for why Google shouldn't be forced to sell Chrome: First, Chrome won the browser war fair and square by building a better surfboard for the internet. This wasn't some opportune acquisition. This was the result of grand investments, great technical prowess, and markets doing what they're supposed to do: rewarding the best. Besides, we have a million alternatives. Firefox still exists, so does Safari, so does the billion Chromium-based browsers like Brave and Edge. And we finally even have new engines on the way with the Ladybird browser. Look, Google's trillion-dollar business depends on a thriving web that can be searched by Google.com, that can be plastered in AdSense, and that now can feed the wisdom of AI. Thus, Google's incredible work to further the web isn't an act of charity, it's of economic self-interest, and that's why it works. Capitalism doesn't run on benevolence, but incentives. We want an 800-pound gorilla in the web's corner! Because Apple would love nothing better (despite the admirable work to keep up with Chrome by Team Safari) to see the web's capacity as an application platform diminished. As would every other owner of a proprietary application platform. Microsoft fought the web tooth and nail back in the 90s because they knew that a free, open application platform would undermine lock-in -- and it did!

Read more of this story at Slashdot.

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