81 results found
Bill Gates recently apologized to Gates Foundation staff for his past interactions with Jeffrey Epstein, acknowledging the significant reputational risk. Concurrently, new reports have revealed extensive and deep connections between Epstein and high-level Microsoft executives, exposing critical challenges in maintaining professional integrity, organizational oversight, and managing severe reputational fallout within the tech industry. It underscores the importance of stringent due diligence and robust ethical frameworks.
IBM experienced a $40 billion stock drop after Anthropic unveiled AI tools for COBOL translation. However, industry experts and IBM argue that this reaction stems from a misunderstanding: translating COBOL code is distinct from comprehensive mainframe modernization, which involves complex architectural redesign and ensuring critical system reliability. Enterprises are advised to approach new AI tools with caution, conducting pilots to assess actual ROI for modernization efforts.
The Stop Killing Games campaign is establishing NGOs in the EU and US to combat publishers discontinuing support for purchased video games. Creator Ross Scott expressed confidence in their success, aiming to codify their petition into EU law and set up systems for reporting publishers. This formalization follows the campaign's strong reaction to Ubisoft's delisting of _The Crew_ and a petition gaining over a million signatures.
Elon Musk's America PAC has received a reprimand from the Georgia State Election Board for violating state election law. The PAC sent partially pre-filled absentee ballot applications to residents in multiple counties, a practice prohibited by Georgia law for entities other than authorized relatives. This action draws scrutiny given Musk's frequent public comments on voter fraud.
Gartner's latest SEC filing reveals the sale of its Digital Markets division, including Capterra, GetApp, and Software Advice, for $110 million. This disclosure provides crucial financial specifics for a transaction initially announced in early 2026 without monetary details, signaling a strategic shift for Gartner and impacting the B2B software review market.
Etsy has sold its secondhand clothing marketplace, Depop, to eBay for $1.2 billion. This deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time when secondhand clothing apps were gaining significant traction during the pandemic, marking a new chapter for the popular fashion platform.
