IBM reportedly axed as many as 100,000 employees in recent years because it wanted to appear as ‘cool’ and ‘trendy’ as Amazon or Google

Learn more about BI Prime View online           Tech Insider           IBM reportedly axed as many as 100,000 employees in recent years because it wanted to appear as 'cool' and 'trendy' as Amazon or Google   A former IBM exec said IBM axed 100,000 employees because it wanted to look "cool" and "trendy," according to a Bloomberg report.   READ MORE           Cisco agrees to pay a $8.6 million settlement over a whistleblower's claim that it sold surveillance software that was vulnerable to hackers   Hundreds of false-claim suits are filed yearly, in part because of rewards for those who point out improper conduct by government contractors.   READ MORE           Amazon is reportedly in talks to acquire a 26% stake in a huge Indian retailer, meaning it will dominate a $200 billion market   Amazon is in talks to acquire a 26% stake in India's largest brick-and-mortar retailer, Reliance Retail, according to The Economic Times.   READ MORE             Facebook wants to put Netflix, Amazon, and Disney on a device that can turn your TV into a video call portal   A new video-chat device from Facebook will plug into your TV, and Facebook reportedly wants to include streaming services on it.   READ MORE           Jeffrey Epstein reportedly wanted to 'seed the human race with his DNA' as part of his fascination with transhumanism. Here's what that means.   Transhumanists support the use of technology to "enhance" the human race. Jeffrey Epstein was reportedly fascinated with this ideology.   READ MORE           The startup behind Silicon Valley's favorite 'bleeding' veggie burger has scored a major victory in its battle for legitimacy   The FDA cleared the way for Impossible Foods to sell its signature "bleeding" veggie burger in grocery stores.   READ MORE           10 things in tech you need to know today   Uber marketing employees described the 'bloodbath', Fitbit posts weak guidance, and Cloudflare plans its IPO.   READ MORE           Elon Musk vows to fix 'dog mode' after a tech CEO said his Tesla hit 85 degrees with his pooch inside the car   Tesla's 'dog mode' was rolled out six months ago, and is meant to keep the car cool to prevent dogs from overheating.   READ MORE           Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers   Uber laid off 400 people, or roughly one-third of its marketing department, this week. Here's how the company is restructuring.   READ MORE           Twitter acquired a startup for $22.8 million last quarter, and it's probably this London AI company   Twitter spent the cash to acquire a startup for more than $20 million, and it won't say what it was.   READ MORE           Was this email forwarded to you? SUBSCRIBE NOW     Share this     You received this email because you signed up to this Business Insider newsletter using the email: ipat39@gmail.com   Email preferences Unsubscribe TERMS OF SERVICE PRIVACY POLICY 1 Liberty Plaza, 8th Floor. New York, NY 10006