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IBM

IBM Pays GlobalFoundries $1.5 Billion To Shed Its Chip Division 84

helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

Comment Must Be Reasonably Protected (Score 1) 124

If a single utility is resisting 10,000 attacks a month, then there must be hundreds of thousands of attempts across the entire country network each week.

Since we don't read about the chaos the system overall seems to be reasonably well protected and contradicts the phrase "highly vulnerable".

Comment Fans?!? Realy?!? (Score 1) 168

I'm sure a lot of people here will recognize, that the "giant old fans now lay idle that once would have been used to circulate air along the tunnels" are actually Caterpillar diesel generators for temp or backup electricity. They've got fans sure, but they are blowing across radiators!!

That's a hugely ridiculous goof for a group of highly educated physicists to make.

Of course they were skipping the conferences their companies paid for them to attend, breaking and entering into private property and posting it on Blogger.

I guess it's about right.

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