●● IRC: #techbytes @ Techrights IRC Network: Tuesday, July 14, 2026 ●● ● Jul 14 [00:44] *agentcas2y (~dracos@8pzu2fcsusfzc.irc) has joined #techbytes [00:44] *agentcas2y is now known as agentcasey ● Jul 14 [01:06] schestowitz[TR2] admfubar> Rianne's August Birthday posted by Roy Schestowitz on Jul 12, 2026 [01:06] schestowitz[TR2] Rianne celebrates his birthday next month and we've set aside some balloons for the occasion. Today Rianne worked in the garden next to her birds, ahead of another very long journey, which will begin tonight. [01:06] schestowitz[TR2] his birthday? [01:06] schestowitz[TR2] oops ● Jul 14 [02:03] schestowitz[TR2] https://www.thelayoff.com/t/1kxbfh4d0#replies [02:03] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1kxbfh4d0#replies ) [02:03] schestowitz[TR2] " [02:03] schestowitz[TR2] Make the tough choices [02:03] schestowitz[TR2] Layoffs will continue to target citizens. Offshoring will continue to happen to India. Then those same people will be brought back in L1b in 4-5 years back to USA. Make tough choices once you open your own business and hire locally. Change needs to start at a grassroots level, vote for policies which are towards tougher immigration policies. 20 years down, US cities will be worse than Toronto. It is in our hands now. [02:03] schestowitz[TR2] " [02:03] schestowitz[TR2] The interests of citizens in north america go unanswered. Politicians do not want to touch this. Companies are untouchable in this regard. [02:03] schestowitz[TR2] With massive amounts of money printing, keeping interests rates low, deficit spending etc., things have gotten so expensive that companies think they have no choice. [02:03] schestowitz[TR2] You want to make a difference? Understand how an economy works and understand how Central Banks and Governments inflate and degrade the spending power of your currency. [02:03] schestowitz[TR2] People are now more aware of what companies are doing because employees are getting laid off, companies are not replacing people that just leave, making do with less etc. Make sure your finances are in order. [02:03] schestowitz[TR2] OP makes reference to twenty years from now, I dare say you will not recognize any North American city due to what is happening. [02:03] schestowitz[TR2] " [02:03] schestowitz[TR2] " [02:04] schestowitz[TR2] https://www.thelayoff.com/t/1kxb7v4h8#replies [02:04] schestowitz[TR2] " [02:04] schestowitz[TR2] Lay people off, get a promotion (sort of) [02:04] schestowitz[TR2] The Board of Governors of the Federal Reserve, the body overseeing the implementation of United States monetary policy, has announced the creation of five task forces intended to evaluate and improve the Fed's operations. In a press release, Federal Reserve Chairman Kevin Warsh named the "external advisers" who will lead each task force, ranging from economics professors to AI investors and corporate executivesexecutives like Xb [02:04] schestowitz[TR2] ox CEO Asha Sharma, who will preside over a task force on employment and productivity. [02:04] schestowitz[TR2] https://www.pcgamer.com/gaming-industry/us-federal-reserve-taps-xbox-ceo-asha-sharma-who-just-laid-off-3-200-employees-to-lead-task-force-on-jobs/ [02:04] schestowitz[TR2] " [02:04] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1kxb7v4h8#replies ) [02:04] schestowitz[TR2] "" [02:04] schestowitz[TR2] They won't do a darn thing. There is no impetus to implement anything. [02:04] schestowitz[TR2] The Federal Reserve, since the Great Financial Crisis, is all about keeping interests low. When you keep interest rates low, it drives up prices of everything. Houses, cars etc. Look at their balance sheet since 2008. People love it at first but then people start to see prices go through the roof. [02:04] schestowitz[TR2] Governments want to keep the party going by inserting cheap money into the system. [02:04] schestowitz[TR2] 1 day ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @bd+1kxb7v4h8 [02:04] schestowitz[TR2] 0 [02:04] schestowitz[TR2] Thats interesting [02:04] -TechBytesBot/#techbytes-www.pcgamer.com | US Federal Reserve taps Xbox CEO Asha Sharma, who just laid off 3,200 employees, to lead task force on jobs | PC Gamer [02:04] schestowitz[TR2] https://www.thelayoff.com/t/1kwz684wb#replies [02:04] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1kwz684wb#replies ) [02:04] schestowitz[TR2] " [02:04] schestowitz[TR2] Jeeps will hire on more jeeps because they know they can exploit and dump on them whereas local workers will not take it [02:04] schestowitz[TR2] 13 hours ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @138+1kwz684wb [02:04] schestowitz[TR2] +1 [02:04] schestowitz[TR2] @dg 100%. h1b program needs to stop completely. And export tariffs should be added to make it difficult to offshore work. [02:04] schestowitz[TR2] 1 day ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @yn+1kwz684wb [02:04] schestowitz[TR2] +1 [02:04] schestowitz[TR2] Also watch out for fake job postings and fake interview screenings. [02:04] schestowitz[TR2] 1 day ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @ym+1kwz684wb [02:04] schestowitz[TR2] +1 [02:04] schestowitz[TR2] C level people could care less. They live based on bonuses and they could care less who they let go to get there. [02:04] schestowitz[TR2] This has been going on for decades. THEY DON'T CARE. [02:04] schestowitz[TR2] The standard of living is slowly degrading. Between outsourcing, printing money, deficit spending etc, your life will not be the same as the years roll on. [02:04] schestowitz[TR2] Make sure you think long and hard of how you spend your money. Save. Invest if you can. Having kids? The younger people are realizing that they can't afford it. Save like you've never saved before. [02:04] schestowitz[TR2] 3 days ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @pa+1kwz684wb [02:04] schestowitz[TR2] +1 [02:04] schestowitz[TR2] Right on cue: https://www.foxnews.com/politics/fury-erupts-us-brand-fires-1600-employees-after-securing-thousands-foreign-worker-visas [02:04] schestowitz[TR2] I'm getting kind of bored of this. All of these Cxx just do the same thing over and over hoping for a different result. Can they actually just innovate and increase revenue? [02:04] schestowitz[TR2] I guess they were spending too much money and those existing employees weren't able to do the job, right? We need the overseas geniuses to save Microsoft? [02:04] schestowitz[TR2] yawn* [02:04] schestowitz[TR2] 3 days ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @kt+1kwz684wb [02:04] schestowitz[TR2] +1 [02:04] schestowitz[TR2] 3200 US workers [02:04] schestowitz[TR2] ~5000 H1B application requested is what I've heard through some news outlets [02:04] schestowitz[TR2] 4 days ago by Anonymous [02:04] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [02:04] schestowitz[TR2] Post ID: @ke+1kwz684wb [02:04] schestowitz[TR2] +3 [02:04] schestowitz[TR2] @OP Xbox CEO Asha Sharma has announced the firing of 3,200 American employees. [02:04] schestowitz[TR2] Sharma, who was appointed by Microsoft CEO Satya Nadella, has also filed for thousands of H-1B visa hires this year. [02:04] schestowitz[TR2] 5 days ago by Anonymous [02:04] schestowitz[TR2] | 5 reactions (+4/-1) | Reply [02:04] schestowitz[TR2] Post ID: @dj+1kwz684wb [02:04] schestowitz[TR2] +4 [02:04] schestowitz[TR2] Redmond has been known as Little India for over a decade. Microsoft, as well as Google, Amazon and Meta, has been pushing out US citizens in favor of H1Bs for 20 years. The USCIS needs to put an end to the H1B scam. [02:04] schestowitz[TR2] " [02:05] schestowitz[TR2] MS is AI Laggard, bloated with useless .NET devs [02:05] schestowitz[TR2] Microsoft is more bloated than other FAANGs, and is packed with legacy enterprise .NET devs - a skillset that is irrelevent in the AI era [02:05] schestowitz[TR2] MS is AI Laggard, bloated with useless .NET devs [02:05] schestowitz[TR2] Microsoft is more bloated than other FAANGs, and is packed with legacy enterprise .NET devs - a skillset that is irrelevent in the AI era [02:05] schestowitz[TR2] "https://www.thelayoff.com/t/1km3gzf4e#replies" [02:05] schestowitz[TR2] " [02:05] schestowitz[TR2] "other FAANGs"??????? EvenMS is not part of the FAANG. [02:05] schestowitz[TR2] 13 hours ago by Anonymous [02:05] schestowitz[TR2] | no reactions | Reply [02:05] schestowitz[TR2] Post ID: @gk2+1km3gzf4e [02:05] schestowitz[TR2] 0 [02:05] schestowitz[TR2] We are doing this [02:05] schestowitz[TR2] April 26 by Anonymous [02:05] schestowitz[TR2] | no reactions | Reply [02:05] schestowitz[TR2] Post ID: @5mv+1km3gzf4e [02:05] schestowitz[TR2] 0 [02:05] schestowitz[TR2] If AI can really make a huge profit, then the company should replace over 99% of its employees with AI first. [02:05] schestowitz[TR2] " [02:05] -TechBytesBot/#techbytes-www.foxnews.com | Microsoft approves thousands of H-1B visas while Xbox cuts 1,600 jobs | Fox News [02:06] schestowitz[TR2] https://www.thelayoff.com/t/1kx5ecw0r [02:06] schestowitz[TR2] " [02:06] schestowitz[TR2] Bad Move (The Economist) [02:06] schestowitz[TR2] Microsofts gaming strategy has misfired badly A supply-chain crisis for Xbox couldnt have come at a worse time* IT IS NOT yet the PayPal mafia, but the Instacart matriarchy is making its mark. Not long after Fidji Simo, ex-head of the online..." [02:06] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1km3gzf4e#replies ) [02:07] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1kx5ecw0r ) [02:22] *x-amarsh04 has quit (Quit: Konversation terminated!) ● Jul 14 [03:00] *x-amarsh04 (~amarsh04@xk49uzi5amp4u.irc) has joined #techbytes [03:00] *agentcasey has quit (connection closed) [03:35] schestowitz[TR2] :P [03:40] schestowitz[TR2] > Just to let you know that we are working on this and hope to have the [03:40] schestowitz[TR2] > next parts ready this evening (Monday) or early tomorrow. [03:40] schestowitz[TR2] We're back. [03:40] schestowitz[TR2] http://news.tuxmachines.org/n/2026/07/14/Site_Community_News.shtml [03:40] -TechBytesBot/#techbytes-news.tuxmachines.org | Tux Machines Site Community News ● Jul 14 [04:20] *agentcas2y (~dracos@8pzu2fcsusfzc.irc) has joined #techbytes [04:20] *agentcas2y is now known as agentcasey [04:50] *agentcasey has quit (Ping timeout: 2m30s) ● Jul 14 [15:39] *x-amarsh04 has quit (Quit: Konversation terminated!) [15:40] *x-amarsh04 (~amarsh04@xk49uzi5amp4u.irc) has joined #techbytes ● Jul 14 [17:01] schestowitz[TR2] >> A lot of money is spent this month trying to silence us. Let us know [17:01] schestowitz[TR2] >> if you are around. [17:01] schestowitz[TR2] > [17:01] schestowitz[TR2] > [17:01] schestowitz[TR2] > Did you publish any details? [17:01] schestowitz[TR2] > [17:01] schestowitz[TR2] > As far as I know, they haven't made any legal efforts to take down the [17:01] schestowitz[TR2] > Bicha blog, therefore, everything in it is correct even if it may be [17:01] schestowitz[TR2] > inconvenient. [17:04] schestowitz[TR2] > Just to let you know that we are experiencing a small delay at this end. [17:04] schestowitz[TR2] > Nothing serious and we should be able to deliver the remaining parts very soon. [17:04] schestowitz[TR2] > [17:04] schestowitz[TR2] > Hoping that all went well in court. [17:04] schestowitz[TR2] No hurry. [17:04] schestowitz[TR2] Our legal reps were good. [17:11] *agentcas2y (~dracos@8pzu2fcsusfzc.irc) has joined #techbytes ● Jul 14 [18:12] *agentcas2y has quit (connection closed) [18:22] *agentcas2y (~dracos@8pzu2fcsusfzc.irc) has joined #techbytes [18:23] *agentcas2y is now known as agentcasey ● Jul 14 [19:00] *agentcasey has quit (Quit: Lost terminal) [19:00] *psydroid3 (~psydroid@kcvnmgbxt8eqq.irc) has joined #techbytes [19:38] schestowitz[TR2] https://www.thelayoff.com/t/1kxg5wdz2 [19:38] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1kxg5wdz2 ) [19:38] schestowitz[TR2] "Could it be an announcement that all US IBMers get Arvind's 2026 bonus divided up amongst them ? It won't be much but better than nothing. [19:38] schestowitz[TR2] Or news that Arvind and Krabanaugh have quit or been fired for cause by the IBM board of trustees ? [19:38] schestowitz[TR2] None of these lame excuses from Arvind should be entertained for even a minute. The man needs to be sent to jail for fraud and cooking the books with Krabanaugh. [19:38] schestowitz[TR2] 10 minutes ago by Anonymous [19:38] schestowitz[TR2] | no reactions | Reply [19:38] schestowitz[TR2] Post ID: @c1+1kxg5wdz2 [19:38] schestowitz[TR2] 0 [19:38] schestowitz[TR2] There is an executive mantra that says take all of your bad news on the same day. I would expect next Wednesday to be something positive. [19:38] schestowitz[TR2] 19 minutes ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+2/-2) | Reply [19:38] schestowitz[TR2] Post ID: @c0+1kxg5wdz2 [19:38] schestowitz[TR2] 0 [19:38] schestowitz[TR2] @bw Overperform articles have gone to cover the gravesite of Dead Gerbil. [19:38] schestowitz[TR2] 26 minutes ago by Anonymous [19:38] schestowitz[TR2] | no reactions | Reply [19:38] schestowitz[TR2] Post ID: @bz+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] @ax yeah, where is IBM India HR liar-bot rage-bait troll shill spanky-pants id--t loser parasite ? He must have read the tea leaves about what was coming down today and decided to head for Arvind's toilet to hide out. Not a peep from him about leading his teams to fail or his executive promotion from Arvind. [19:38] schestowitz[TR2] 40 minutes ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @by+1kxg5wdz2 [19:38] schestowitz[TR2] +2 [19:38] schestowitz[TR2] @bs yes, that will happen when He-l Freezes over. Until then, they will be raking in their excessive bonuses and depositing their oversized paychecks starting of course with the chief loser at IBM, Arvind. [19:38] schestowitz[TR2] 48 minutes ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+2/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bx+1kxg5wdz2 [19:38] schestowitz[TR2] +1 [19:38] schestowitz[TR2] Where are all those articles from last quarter and maybe even earlier, with the analysts that had "Overperform" ratings on the IBM stock? [19:38] schestowitz[TR2] 49 minutes ago by Anonymous [19:38] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bw+1kxg5wdz2 [19:38] schestowitz[TR2] +2 [19:38] schestowitz[TR2] Great thread here. It highlights even more damage: how this sc--wed folks that just got their RSUs vested. [19:38] schestowitz[TR2] https://www.reddit.com/r/IBM/comments/1uw63ug/arvind_krishnas_letter_to_ibm_investors/ [19:38] schestowitz[TR2] 52 minutes ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+2/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bv+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] @bs Any executive jump out of the Armonk windows yet ? [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bt+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] So I imagine AK and the exec team are going on PIPs for losing 25% of the company's value [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 5 reactions (+4/-1) | Reply [19:38] schestowitz[TR2] Post ID: @bs+1kxg5wdz2 [19:38] schestowitz[TR2] +1 [19:38] schestowitz[TR2] It's going to depend on the forward guidance issued on the earnings call. If they revise 2H revenue growth estimates down, look out below. You can't keep barking about AI and Quantum while growing slower than the inflation rate. [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [19:38] schestowitz[TR2] Post ID: @br+1kxg5wdz2 [19:38] schestowitz[TR2] +5 [19:38] schestowitz[TR2] The beatings will continue until morale improves. [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 5 reactions (+5/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bq+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] On July 14, 2026, IBM lost roughly $67 billion in market value in a single trading session. So what will happen to the $1 billion in government funding that was awarded for the Albany quantum fab? Is it just poof gone? [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bp+1kxg5wdz2 [19:38] schestowitz[TR2] 0 [19:38] schestowitz[TR2] @bm he means the actually earnings call on July 22nd. Expect stock to drop more then [19:38] schestowitz[TR2] 1 hour ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+1/-1) | Reply [19:38] schestowitz[TR2] Post ID: @bn+1kxg5wdz2 [19:38] schestowitz[TR2] 0 [19:38] schestowitz[TR2] @Bk Care to elaborate? [19:38] schestowitz[TR2] 2 hours ago by Anonymous [19:38] schestowitz[TR2] | no reactions | Reply [19:38] schestowitz[TR2] Post ID: @bm+1kxg5wdz2 [19:38] schestowitz[TR2] +6 [19:38] schestowitz[TR2] The bigger news is coming next week. [19:38] schestowitz[TR2] This announcement goal is to soften next week blow. [19:38] schestowitz[TR2] 2 hours ago by Anonymous [19:38] schestowitz[TR2] | 6 reactions (+6/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bk+1kxg5wdz2 [19:38] schestowitz[TR2] +6 [19:38] schestowitz[TR2] Well, it sounds like the only solution is to PIP/RA the more senior employees, hire more grads with AI "skills", and make a big announcement that IBM is rebalancing the workforce to accommodate the new company direction. I keep saying space travel to Mars is next, though IBM might just set its sights on Jupiter. To show it's ahead of the competition. [19:38] schestowitz[TR2] 2 hours ago by Anonymous [19:38] schestowitz[TR2] | 6 reactions (+6/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bj+1kxg5wdz2 [19:38] schestowitz[TR2] +5 [19:38] schestowitz[TR2] Last year, we had 2 people highly paid. [19:38] schestowitz[TR2] One is a useless POS manager, the second is a developer with very high skills. [19:38] schestowitz[TR2] The developer was let go, the POS useless manager is still su-king the blood of IBM. [19:38] schestowitz[TR2] These recent IBM results are not a surprise to anyone with some critical thinking. [19:38] schestowitz[TR2] 2 hours ago by Anonymous [19:38] schestowitz[TR2] | 5 reactions (+5/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bh+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] Question now is can Red Hat continue to grow 10%+ with the Z17 cycle being kaput. Q3 results will be the tell. RH is carrying all of IBM now, if it falters turn out the lights lock the door and go home. [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bg+1kxg5wdz2 [19:38] schestowitz[TR2] +2 [19:38] schestowitz[TR2] @bd [19:38] schestowitz[TR2] Yup, it now appears that they were Huimings attempt to make the Albany site look relevant instead of the major cost center that it really is. If you go back and read the posts that were critical of these announcements, they pointed out the major glaring issues with each of them. They were little more than cheap publicity stunts and tricks that created a week of buzz. Now theyve been exposed for what they really were. But hind [19:38] schestowitz[TR2] sight is 20/20. [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+2/-0) | Reply [19:38] schestowitz[TR2] Post ID: @be+1kxg5wdz2 [19:38] schestowitz[TR2] +7 [19:38] schestowitz[TR2] @bb 100% bullsh!t. [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 7 reactions (+7/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bd+1kxg5wdz2 [19:38] schestowitz[TR2] +6 [19:38] schestowitz[TR2] So how many billions did we lose today? [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 6 reactions (+6/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bc+1kxg5wdz2 [19:38] schestowitz[TR2] +12 [19:38] schestowitz[TR2] So all the quantum and sub 1nm news was just bullsh-t? [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 12 reactions (+12/-0) | Reply [19:38] schestowitz[TR2] Post ID: @bb+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] It boils down to innovation. What innovative ideas are coming out of each of the divisions [19:38] schestowitz[TR2] SW = none as they have adopted a buy and distribute model [19:38] schestowitz[TR2] Consulting = almost none as they have adopted a low cost labor model instead [19:38] schestowitz[TR2] Infrastructure = adopted a chip design and farming the IP model [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @ba+1kxg5wdz2 [19:38] schestowitz[TR2] +2 [19:38] schestowitz[TR2] In the possible words of Churchill. Never let a good crisis go to waste [19:38] schestowitz[TR2] 3 hours ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+2/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b9+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] @b3 [19:38] schestowitz[TR2] Next, selling Power to the Indians. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b8+1kxg5wdz2 [19:38] schestowitz[TR2] +6 [19:38] schestowitz[TR2] @b3 [19:38] schestowitz[TR2] I am guessing, Power will be completely sold to the Indians. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 6 reactions (+6/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b7+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] Ginni R would be celebrating this as a raging success [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 5 reactions (+4/-1) | Reply [19:38] schestowitz[TR2] Post ID: @b6+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] @ax [19:38] schestowitz[TR2] Rats are first to leave a sinking ship. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b5+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] The lies! The manipulations! [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b4+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] The preannounce most likely means a restructuring charge. This is different vs an RA charge as restructuring means a fundamental change to the way IBM does business going forward [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b3+1kxg5wdz2 [19:38] schestowitz[TR2] +2 [19:38] schestowitz[TR2] @aw exactly who are we selling all these great new things too exactly?? No one [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 2 reactions (+2/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b1+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] Mr Gerstner...blah blah blah. Karma AK: [19:38] schestowitz[TR2] That the color of your money speaks all languages most people do believe [19:38] schestowitz[TR2] But if we sow the seeds of bad karma bad fruit we will receive [19:38] schestowitz[TR2] If on your way to financial success others out of money you did cheat [19:38] schestowitz[TR2] To karma you will have to pay the price of your deceit. [19:38] schestowitz[TR2] What goes around always comes around some have been known to say [19:38] schestowitz[TR2] And for every wrong to others that we do some price we have to pay [19:38] schestowitz[TR2] And though the law may not bring you to book your past will follow you [19:38] schestowitz[TR2] And one day in some way you will pay for every wrong you do. [19:38] schestowitz[TR2] You may be a known billionaire one of the privileged few [19:38] schestowitz[TR2] And money brings one respect and power and others look up to you [19:38] schestowitz[TR2] But if in your climb to success you've harmed others in some way [19:38] schestowitz[TR2] Karma will not respect you when it visits you one day. [19:38] schestowitz[TR2] A very wealthy person you own half of the Town [19:38] schestowitz[TR2] But on your way up the corporate ladder you have dragged a few down [19:38] schestowitz[TR2] And you may be one of those who think that to cheat and lie for gain is fair [19:38] schestowitz[TR2] But karma will not ignore you though you are a billionaire. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @b0+1kxg5wdz2 [19:38] schestowitz[TR2] +4 [19:38] schestowitz[TR2] Calling Deep Throat! Where are you Deep Throat? Tell us what you know. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 4 reactions (+4/-0) | Reply [19:38] schestowitz[TR2] Post ID: @ay+1kxg5wdz2 [19:38] schestowitz[TR2] +8 [19:38] schestowitz[TR2] Where is Mister I have 500 badges and 6,000 Education hours today? [19:38] schestowitz[TR2] How will he spin this ? [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 8 reactions (+8/-0) | Reply [19:38] schestowitz[TR2] Post ID: @ax+1kxg5wdz2 [19:38] schestowitz[TR2] +3 [19:38] schestowitz[TR2] Bob saw this coming a mile away. We don't need no stinking customers. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+3/-0) | Reply [19:38] schestowitz[TR2] Post ID: @aw+1kxg5wdz2 [19:38] schestowitz[TR2] +8 [19:38] schestowitz[TR2] @ak [19:38] schestowitz[TR2] IBM moved Power development to India. You get what you have paid for. [19:38] schestowitz[TR2] Pay for mediocrity, you get mediocrity. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 8 reactions (+8/-0) | Reply [19:38] schestowitz[TR2] Post ID: @as+1kxg5wdz2 [19:38] schestowitz[TR2] +1 [19:38] schestowitz[TR2] What does "enterprise" even mean? IBM hasn't been in the consumer space since it sold the PC business over 2 decades ago and their SMB market has been channel partner driven for as long as I can remember. Global 2000 has always been IBM's target market and almost all their revenue, no idea what this "enterprise restructuring" talk is all about. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 3 reactions (+2/-1) | Reply [19:38] schestowitz[TR2] Post ID: @ar+1kxg5wdz2 [19:38] schestowitz[TR2] +25 [19:38] schestowitz[TR2] But but but: [19:38] schestowitz[TR2] IBM ISC IBM sales cloud said they had a pipeline of $400,000,000 for this qtr. [19:38] schestowitz[TR2] The "sales" people all sent out 200 spam emails last week. How many customers replied? Thats right zero. [19:38] schestowitz[TR2] IBM GSS Global sales school graduates were told they are the smartest people on the planet? [19:38] schestowitz[TR2] watsonx and Bob a thons were the job #1 not sales and not customer relationships. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 27 reactions (+26/-1) | Reply [19:38] schestowitz[TR2] Post ID: @aq+1kxg5wdz2 [19:38] schestowitz[TR2] +1 [19:38] schestowitz[TR2] @ad its already -33% in trading this morning. whats to say it isnt going to get worse. [19:38] schestowitz[TR2] 4 hours ago by Anonymous [19:38] schestowitz[TR2] | 1 reaction (+1/-0) | Reply [19:38] schestowitz[TR2] Post ID: @ap+1kxg5wdz2 [19:38] schestowitz[TR2] +5 [19:38] schestowitz[TR2] so https://www.cnbc.com/quotes/IBM (6 month chart) says its -33.1258% from its 2 Jun 2026 52wk high of 329.23 as of this writing. [19:38] schestowitz[TR2] i guess Jun was the time to get out. [19:38] schestowitz[TR2] go figure. [19:38] schestowitz[TR2] " [19:39] -TechBytesBot/#techbytes-Reddit - Please wait for verification [19:47] -TechBytesBot/#techbytes-IBM: International Business Machines Corp - Stock Price, Quote and News - CNBC ● Jul 14 [20:16] *psydroid3 has quit (Ping timeout: 2m30s) ● Jul 14 [21:36] *psydroid3 (~psydroid@kcvnmgbxt8eqq.irc) has joined #techbytes ● Jul 14 [22:35] *psydroid3 has quit (Quit: KVIrc 5.2.10 Quasar http://www.kvirc.net/)