this post was submitted on 06 May 2024
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Science Memes

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[–] [email protected] 6 points 7 months ago (1 children)

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.

[–] jaybone 5 points 7 months ago (2 children)

What does IBM even do anymore? I’m guessing they just support all of their legacy products that customers are locked into.

[–] [email protected] 3 points 7 months ago (1 children)

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.

[–] jaybone 1 points 7 months ago (1 children)

What’s a company they invest in?

[–] [email protected] 1 points 7 months ago

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

[–] [email protected] 3 points 7 months ago

Bought Red hat and is trying to lock down it's users.