●● IRC: #techbytes @ Techrights IRC Network: Thursday, September 26, 2024 ●● ● Sep 26 [02:49] *x-amarsh04 has quit (Quit: Konversation terminated!) ● Sep 26 [03:14] *x-amarsh04 (~amarsh04@bmuxke8hbdx4i.irc) has joined #techbytes ● Sep 26 [08:01] schestowitz[TR2] "Microsoft to invest US $1.3B in Mexico's cloud and AI infrastructure" [08:01] schestowitz[TR2] x https://mexiconewsdaily.com/business/microsoft-ai-mexico/ [08:01] schestowitz[TR2] # with non-existent money [08:01] -TechBytesBot/#techbytes-mexiconewsdaily.com | Microsoft to invest US $1.3B in Mexico's cloud and AI infrastructure [08:06] schestowitz[TR2] x https://www.pcworld.com/article/2465009/say-goodbye-to-subscription-fees-and-grab-microsoft-office-2019-forever.html [08:06] schestowitz[TR2] # ... until they change their proprietary format yet again [08:06] -TechBytesBot/#techbytes-Say goodbye to subscription fees and grab Microsoft Office 2019 forever | PCWorld ● Sep 26 [12:12] *parsifal (~parsifal@6thegygyadsu4.irc) has joined #techbytes [12:13] *parsifal has quit (Quit: Leaving) [12:48] psydruid any money thrown at it reinforces and prolongs Microsoft's reign ● Sep 26 [13:21] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [13:50] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes ● Sep 26 [14:36] schestowitz[TR2] right [14:37] schestowitz[TR2] https://www.thelayoff.com/t/1uHXEYne [14:37] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1uHXEYne ) [14:37] schestowitz[TR2] " [14:37] schestowitz[TR2] How many times do people need to post stuff that just repeats what The Register publishes? [14:37] schestowitz[TR2] https://www.theregister.com/ [14:37] schestowitz[TR2] 18 minutes ago by Anonymous [14:37] schestowitz[TR2] | no reactions [14:37] schestowitz[TR2] Post ID: @fng+1uHXEYne [14:37] schestowitz[TR2] 0 [14:37] schestowitz[TR2] I've not seen too many losses from infrastructure yet, and I'm pretty sure the business just views us as a 'cost'. [14:37] schestowitz[TR2] Good luck, ladies, gentlemen, and those betwixt and between. [14:37] schestowitz[TR2] " [14:37] -TechBytesBot/#techbytes-www.theregister.com | The Register: Enterprise Technology News and Analysis [14:39] schestowitz[TR2] https://www.thelayoff.com/t/1uH56XND [14:39] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1uH56XND ) [14:39] schestowitz[TR2] "" [14:39] schestowitz[TR2] Like him or not the stock price has certainly done much better then when Ginny was at the helm.like in sports for managers, stock performance is an easy metric for the BOD to determine if a change is warranted.no way anything happens at this point other than by Arvind making a decision to step down on his own [14:39] schestowitz[TR2] " [14:39] schestowitz[TR2] " [14:39] schestowitz[TR2] What value does a CEO like Alvind bring to the table ? [14:39] schestowitz[TR2] Other than chopping US employee heads and buying expensive and unproductive applications and tools from other companies, what does Alvind do to justify his $20+ million bonus ? Certainly AI from IBM is not the best in the industry, nor the research in technologies like Quantum. Other than cutting costs by moving jobs to India and lower cost countries, what else does this man do to justify his continued tenure as IBM Chairman ? Chea [14:39] schestowitz[TR2] per and better CEOs are certainly available with so many companies going out of business these days. Being on other company boards is not a good answer either. The IBM board should review what the CEO does to make IBM more profitable for shareholders. [14:39] schestowitz[TR2] The same question needs to be asked of every member of Alvind's pathetic team in the US, particularly the guy who cooks the books in F&O. Shareholders want quality, not problems. [14:39] schestowitz[TR2] " [14:49] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [14:54] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes ● Sep 26 [15:39] *psydroid2 (~psydroid@gcs5ikfy64ubg.irc) has joined #techbytes ● Sep 26 [17:08] *GNUmoon2 has quit (Ping timeout: 2m30s) [17:09] *GNUmoon2 (~GNUmoon@kphim5a4knmsn.irc) has joined #techbytes [17:23] schestowitz[TR2] https://www.thelayoff.com/t/1uH56XND [17:23] schestowitz[TR2] " [17:23] schestowitz[TR2] Truth be told, without a Steve Jobs-, Bill Gates-, or Lou Gerstner-like figure at the helm IBM's course to obscurity will remain unchanged. [17:23] schestowitz[TR2] The very most that you can reasonably expect from most CEOs will be occasional efficiency increases in the company. In IBM's case this means layoffs. [17:23] schestowitz[TR2] IBM has a mature product offering (mainframes and enterprise software), an enterprise consulting business, and "everything else". The "everything else" is receiving lip service and not much else. Nobody in the IT industry really believes that IBM is putting much effort into either the established technologies (storage and mid-range) or the new technologies (AI and Quantum). [17:23] schestowitz[TR2] Most divisions have been sold off for cash. Every job in the west that can be offshored has been offshored. The entire product line (including mainframes) doesn't look to be receiving updates. In other companies, this would indicate a move into long-term maintenance mode (bug fixes only, new development shuttered). [17:23] schestowitz[TR2] Back to the OP's question. What value to AK bring to the table? He's a long-term IBM insider who is trusted by the BOD to be IBM's caretaker. This is important because IBM's future direction is really up to the BOD at this point. Personally, I'm not convinced that the BOD and the shareholders want anything more from IBM than "decent and predictable" stock and dividend prices. [17:23] schestowitz[TR2] In other words, they want an annuity. Nothing flashy, really boring, just keep the cash flow. That's IBM. [17:23] schestowitz[TR2] " ● Sep 26 [18:10] *psydroid2 has quit (Quit: KVIrc 5.0.0 Aria http://www.kvirc.net/) ● Sep 26 [19:30] *psydroid2 (~psydroid@gcs5ikfy64ubg.irc) has joined #techbytes ● Sep 26 [20:51] *Moocher5254 has quit (Quit: https://quassel-irc.org - Chat comfortably. Anywhere.) ● Sep 26 [22:00] *psydroid2 has quit (Quit: KVIrc 5.0.0 Aria http://www.kvirc.net/) ● Sep 26 [23:38] *GNUmoon2 has quit (connection closed)