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☆ IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
▼ + stars: | 2024-04-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

On Tuesday, The Wall Street Journal reported that IBM was getting close to acquiring HashiCorp, sending shares upward. In 2021 HashiCorp shares started trading on the Nasdaq. HashiCorp shares moved 4% higher in extended trading following the acquisition announcement. Revenue from software, at $5.90 billion, increased about 6% and was below the $5.96 billion consensus among analysts surveyed by StreetAccount. Notwithstanding the after-hours move, IBM shares are up about 13% so far this year, outperforming the S&P 500 index, which is up 6% over the same period.

Persons: Arvind Krishna, Dave McJannet, Rob Thomas, IBM's, HashiCorp Organizations: Economic, IBM, HashiCorp, Street Journal, Bloomberg, Linux, Nasdaq, LSEG, StreetAccount, Weather Company, Francisco Partners Locations: Davos, Switzerland

☆ The Boeing 787 that suddenly dropped mid-flight and injured at least 50 people is a stark reminder: Always wear your seatbelt.
▼ + stars: | 2024-03-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

A Latam Airlines Boeing 787 experienced a sudden midair drop on Monday, injuring at least 50 people. Dozens of turbulence-related injuries have been seen on other carriers like Lufthansa and Delta. AdvertisementA passenger on the Boeing 787 that suddenly dropped midair over the Pacific on Monday described a scary scene. In an interview with CNN on Tuesday, Latam Airlines Flight 800 passenger Brian Jokat said the plane "dropped something to the effect of 500 feet instantly," jolting him awake. The "fasten seatbelt" sign was on at the time, airline Chief Operating Officer Jon Snook said, HawaiiNewsNow reported.

Persons: —, Brian Jokat, I'm, Rolanda Schmidt, Melissa Matteso, Jon Snook, HawaiiNewsNow, Bill Duncan, Taylor Organizations: Latam Airlines Boeing, Lufthansa, Delta, Service, Boeing, Pacific, CNN, Latam, RNZ, New Zealand Herald, US National Transportation Safety Board, Airlines, Lufthansa Airbus, Washington Post, Lufthansa Flight, Hawaiian Airlines Airbus, Sydney Morning Herald, Delta Air Lines, Norwegian Air Shuttle, Alaska Airlines Boeing, NTSB, The Weather Company, Business, Allegiant Locations: Sydney, Auckland , New Zealand, Austin, Washington, Frankfurt, Honolulu

☆ Be warned: Flights are getting bumpier
▼ + stars: | 2023-11-22 | by ( Michelle Mastro | ) www.businessinsider.com time to read: +9 min

Air turbulence is becoming more common and more intense. As the jet stream buckles a bit because it's not as strong as it was in the past, now you have all this energy associated with the jet stream up 30,000 feet or so. But changes to the atmosphere mean these corridors are getting bumpier, so avoiding them could result in smoother flights. But while we can get better at avoiding air turbulence, we won't be able to avoid it altogether. That's why some companies are going back to the drawing board to design airplanes that can better adjust to turbulent air.

Persons: I'd, Isabel Smith, Smith, Paul Williams, Williams, Bill Duncan, You've, John K, didn't, Duncan, Pierre Baqué, Alyson Smith, Michelle Mastro Organizations: University of Reading, Lufthansa, Northern, The Weather Company, Denver, Airbus, National Transportation Safety Locations: Denver, Indianapolis, England, Austin , Texas, Frankfurt, Germany, Washington, Rocky, Swiss, Delta

☆ IBM selling The Weather Channel and the rest of its weather business
▼ + stars: | 2023-08-22 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

IBM said Tuesday it's selling its weather unit, including The Weather Channel mobile app and websites, Weather.com, Weather Underground and Storm Radar. IBM will sell The Weather Company and its assets to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum. As part of the deal, IBM will retain access to the company's weather data, which it uses to power some of the artificial intelligence models it sells to enterprise clients. One of those bets is Watsonx, the enterprise AI development tool IBM announced in May that's slated to debut in the third quarter. The platform includes a feature for AI-generated code, an AI governance toolkit, and a library of thousands of large-scale AI models, trained on language, geospatial data, IT events and The Weather Company's weather data, which IBM will continue to use.

Persons: that's Organizations: IBM, The Weather Channel, Storm Radar, Weather Company, Francisco Partners

☆ IBM sells weather business to private equity firm Francisco Partners
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 22 (Reuters) - International Business Machines (IBM.N) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. IBM will retain its sustainability software business. The Big Blue said Tuesday it plans to continue using The Weather Company's weather data for its software offerings focused on environmental insights. Francisco Partners did not immediately respond to a request for comment. The deal with Francisco Partners is expected to close in the first quarter of 2024 and is subject to regulatory approval.

Persons: Brendan McDermid, Rob Thomas, Arsheeya, Pooja Desai Organizations: IBM, New York Stock Exchange, REUTERS, Business Machines, Francisco Partners, Storm, NASA, Street Journal, Thomson Locations: New York, U.S, Watsonx, Bengaluru

☆ Aging, outdated technology leaves air travel at risk of meltdown
▼ + stars: | 2023-01-13 | by ( Brian Fung | ) edition.cnn.com time to read: +13 min

As early as 2012, the FAA decided it wanted to replace aging legacy voice switches used in air traffic control communications with new, internet-based communications technology. Trying to integrate old systems with newer ones — always in real time, because the global aviation industry never sleeps — can also create its own opportunities for catastrophic mistakes. Many more things can go wrong than you might expect — highlighting the sheer complexity of the aviation industry, and underscoring how there isn’t a quick easy fix for IT-related travel disruptions. But it has had lasting effects on FAA technology. That bureaucratic myopia is its own cause of today’s technological malaise in the aviation industry.

☆ Market veteran says a new bull market is 'not far away' — and reveals how to play it
▼ + stars: | 2022-11-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

The stock market has experienced a series of bear market rallies this year. Demmert said the bear market is now its "third and final phase." It is now in its 11 th month of a typical 12–15-month cycle, according to Demmert — indicating that a bottom could be close. "It's sort of an all-weather company at this point because they have the dominant exposure in that market globally. "That's where people go where they think it's safe, such as Google [parent Alphabet ] and Microsoft in the tech space.

☆ Google Maps va oferi date despre vreme și calitatea aerului
▼ + stars: | 2021-04-01 | by ( ) www.jurnal.md time to read: +3 min

Sursa foto: UnsplashGoogle Maps va oferi date despre vreme și calitatea aeruluiGoogle Maps va primi în acest an peste 100 de îmbunătățiri bazate pe inteligență artificială, pentru a oferi informații la zi. Date despre vreme și calitatea aerului se vor afla printre acestea, dar și variante de rute „eco-friendly”. Începând din luna mai, Google Maps va avea două noi niveluri de date: vreme și calitatea aerului. Informații pe Google Maps despre calitatea aerului vor fi disponibile în toate zonele în care există stații AQI (Air Quality Index). Începând cu luna septembrie a acestui an, Google Maps va oferi variante de rute „eco-friendly”.

Organizations: Google, Weather, Android, Agenția, Mediafax Locations: Statele, CPCB, India, EPA Victoria, Australia, KECO, Coreea, Statele Unite, Germania, Olanda, Franța, Spania

☆ Europa s-ar putea confrunta cu temperaturi mai ridicate decât cele normale în aprilie - iunie
▼ + stars: | 2021-03-23 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Zone extinse ale Europei s-ar putea confrunta cu temperaturi mai ridicate decât cele normale începând din aprilie până în iunie, a anunţat luni The Weather Company, relatează Reuters, citat de agerpres.ro. The Weather Company, deţinută de IBM Corp, oferă prognoze meteorologice destinate pieţelor de mărfuri şi energie. Potrivit previziunilor, luna aprilie ar putea fi mai călduroasă decât în mod obişnuit în nord-vestul Europei şi mai rece în sudul continentului. Umiditatea din sol pare însă abundentă în această primavară şi, deşi este încă devreme, acest lucru ar putea limita prezenţa unei vremi caniculare în această vară. The Weather Company a anunţat că va oferi o altă actualizare a prognozelor, valabile pentru lunile de vară, la data de 15 aprilie.

Organizations: Weather, The Weather, IBM, Company Locations: Europei, Europa de Vest

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