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IBM Common Stock (NYSE:IBM) Decides To Stop Providing Facial Recognition Equipment To Police Departments Citing Biased Profiling

IBM Common Stock (NYSE:IBM) has revealed plans to stop selling its facial recognition technology to police departments because it is misused by racial profiling and mass surveillance. The plan to abandon its facial recognition business was revealed after IBM’s CEO Arvind Krishna penned a letter to Congress. He stated in the letter that police officers […]

IBM Common Stock (NYSE:IBM) Finalizes Its Acquisition Of Red Hat

IBM Common Stock (NYSE:IBM) has lately been in the spotlight due to its acquisition of Red Hat which it has just finalized at $34-billion, making it the company’s largest deal in its history. Red Hat is an open-source software provider that is quite popular in the tech scene. It has been on IBM’s radar for […]

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