Sedating Oneself (and Shareholders) With Fuzzy Buzzwords and Pointless Acquisitions

posted by Roy Schestowitz on May 08, 2024

IBM has been trying to buy time.

IBM sinking

Hours ago: (regarding IBM being 63 billion dollars in debt)

The cloud computing business is down as the hype gets deflated; there are aws layoffs every month and azure has had mass layoffs every year since 2020. Those are the facts. Who cares about facts?

IBM is chasing yesterday's buzzwords and now it's late to hang on to the latest ('AI').

They need products and substance instead. Buying companies for 'hype factor' is about manipulating the stock price, based on sentiments. Time for more buybacks.

Other Recent Techrights' Posts

Wikipedia - Funded by Slop-pushing Companies and 'Broligarchs' - Gave Benefit of the Doubt to Slop, Then Regretted It: Wikipedia sucks. Without slop it'll suck a little less.
Passage of Wealth Upwards, Blaming the Victims: Tim Sweeney's net worth is 5.1 billion USD according to Forbes
EPO Strike Begins Today and It's the Longest One Yet (Can Last a Year): Where's the media?
Links 30/03/2026: South Korea Next to Curb Social Control Media Addiction and Manipulation, Notorious Patents in the US Challenged: Links for the day
Gemini Links 30/03/2026: Going Back to Wrist Watches and Why LLMs in Programming Suck: Links for the day
Did IBM Pay thestreet.com for Puff Pieces? (Like It Did With Forbes): If so, there is no disclosure
Payoffs of Lifelong Commitments: "The Lifelong Activist"
Links 30/03/2026: "We Can’t Income-Tax Ultra-Elites"; "The Pirate Bay’s Oldest Torrent Turned 22": Links for the day
Today, Europe's Second-Largest Institution (EPO) Goes on Strike That Can Last Until 2027. Nobody in the Media Covers This!: "We stand with the protesters"
When the Cost (or Time) of Maintenance Exceeds the Value: In recent years it seems like more people learn to remove things from their lives, not add more things
More Media Needs to Tell the Public Slop is a Giant Bubble, It Should Stop Taking "Sponsorship" Money to Inflate This Bubble: If enough of (what's left of) the media changes its tune and quits being a parrot of GAFAM, then we can debate slop like grown-ups
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Sunday, March 29, 2026: IRC logs for Sunday, March 29, 2026
Trying to Hide One's Abuses by Imposing Silence on Critics ("My Profile Was Private"): With enough daylight, sooner or later everyone knows you are a vampire
Fedora Badges System Shows the Demise of Fedora Under IBM: IBM isn't good at keeping what it buys
IBM is Sunsetting Red Hat, It Only Uses the Brand and the Shell: IBM buys or spins off companies as containers for "toxic assets" and debt
Cisco Systems is a Still Weak Spot With Bug Doors: nothing to offer except storytelling
Gemini Links 30/03/2026: Approaching April and Arvelie Calendar: Links for the day
No Daylight Saved: Is there still any practical reason for this ritual?
Microsoft Azure Does Not Have "Hiring Freezes", It Has Had Mass Layoffs Every Year Since 2020: Things are always a lot worse than Microsoft formally or publicly acknowledges
SLAPP Censorship - Part 27 Out of 200: Using the Tor Network to Hide From Consequences: Only 1-2 weeks after the countersuit the Canadian attempted to deplatform several Web sites
The Limits of Inclusion: Inclusion with caution isn't "opinionated"; it's a defence mechanism, sometimes a survival instinct
Almost 20 Years After Microsoft/Novell: The mission has not changed, but the priorities evolve all the time
People Discuss Rumours of Mass Layoffs at IBM Becoming Public in 1-2 Weeks: IBM is killing its brand or its "goodwill"
LLM Slop Kills Sites, as Sites That Adopt Slop Are Doomed: People won't subscribe to such sites and visit them if they recognise it's just slop
Links 29/03/2026: Indonesia Cracks Down on Social Control Media Addiction, China Becomes World’s Scientific Superpower: Links for the day
Fedora at the Mercy of Microsoft Because of Back-Doored Kick-Switch Boot: We'll soon revisit the defamation attacks on Torvalds
Links 29/03/2026: Water Shortages and No Kings Rallies: Links for the day
The Old Days: In the early days of this site (2006) it was mostly just a couple of people, plus comments
Gemini Links 29/03/2026: Return to Gopherspace, "Zen of Marking Playing Cards": Links for the day
The Real XBox is Dead, So Microsoft is Calling Everything "XBox" Now: It even wanted to run a campaign to convince everybody that XBox is not actually a console
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Saturday, March 28, 2026: IRC logs for Saturday, March 28, 2026
Open Web Destroyed by Centibillionaires, Says Anil Dash of Blogging Fame: Blogging was going through its 'prime years' about 20 years ago
"Linux" Slop Going Away, Microsoft et al Pay 'Linux' Foundation to Promote Slop: It's a timely reminder that the Linux Foundation exists to promote whoever pays the Linux Foundation, even pedophiles and companies that attack the GPL
Links 28/03/2026: Microsoft's LinkedIn a National Security Risk, Microsoft's Slop "Ambitions Face Investor Scrutiny Amid Soaring Costs": Links for the day
Gemini Links 28/03/2026: "Finding My Base Tone", "Astrobotany", and BugoutBack/OFFLFIRSOCH: Links for the day
Links 28/03/2026: More Worldwide Bans on Social Control Media (Harms to Adolescents), Protests in US Against Dictatorship: Links for the day
SLAPP Censorship - Part 26 Out of 200: Asking for Documents and Information You Already Have, Even Letters and E-mails That You Yourself Sent!: barristers are expensive
Gemini Links 28/03/2026: Echo Delay and 0x0.st: Links for the day
Rumours of More IBM Mass Layoffs at Beginning of April: IBM is not doing well
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Friday, March 27, 2026: IRC logs for Friday, March 27, 2026