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this post was submitted on 06 May 2024
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Science Memes
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Welcome to c/science_memes @ Mander.xyz!
A place for majestic STEMLORD peacocking, as well as memes about the realities of working in a lab.
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MODERATORS
IBM is 100, but the Internet didn't exist in 1924, so we'll say the clock starts in 1989. I'm pretty sure at least MS or IBM will be around in 15 years.
What does IBM even do anymore? I’m guessing they just support all of their legacy products that customers are locked into.
It's basically an investment fund that runs the companies it invests in, like Alphabet, but with a bigger mix of real estate and finance investments thrown in.
What’s a company they invest in?
Themselves. I'm just saying internally they run it like an investment fund. Example: https://medium.com/design-ibm/area-631-what-i-learned-in-ibms-start-up-and-innovation-program-d87ed98f9549
Bought Red hat and is trying to lock down it's users.