Thread regarding IBM layoffs

IBM selling more assets

IBM selling its Seterus platform... this is more evidence that the company is cleaning up shop to divest one or more divisions to pay for the Red Hat acquisition.

https://www.businesswire.com/news/home/20190103005683/en/Mr.-Cooper-Group-Announces-48-Billion-Servicing

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Post ID: @OP+WW3DSPj

7 replies (most recent on top)

Mr. Cooper is buying billions in mortgages and the software that already services half the mortgages they buy. IBM Seterus. I can't find anything wrong with this deal. IBM didn't want to get into servicing mortgages. They have enough problems servicing Cloud customers.

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Post ID: @1wbd+WW3DSPj

There is a s---er born any minute.

Hopefully they find one to buy Watson AI.

Maybe AOL.

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Post ID: @1pru+WW3DSPj

Sorry, I can't tell if you are kidding.

Watson doesn't really do a lot other than marketing hype. One or two of it's components are pretty decent but otherwise it's a collection of unimpressive services and old rebranded products.

"Global execs are having wet dreams thinking how they can acquire Watson." ... Only if they believed the marketing and I'm not convinced there are many folk left that do. The business world hasn't shown the amount of interest required to make back the R&D costs I suspect.

As someone else already mentioned, companies are writing their own "cognitive" services as opposed to using IBM, Amazon, Google etc.

However, if you were kidding.... Good one, it made me laugh quite a lot 😀

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Post ID: @1hnn+WW3DSPj

Are you kidding? Watson brought the singularity and changed science. Global execs are having wet dreams thinking how they can acquire Watson.

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Post ID: @1icw+WW3DSPj

I heard even the Chinese DO NOT WANT to steal it (Watson)... that tells you everything there is to know about Watson.

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Post ID: @1pcn+WW3DSPj

It is more like everyone has their own 'Watson' product already and they are all better than Watson so therefore nobody needs to buy Watson!

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Post ID: @1yfo+WW3DSPj

Watson is next.

Oh wait, Watson doesn't work so nobody is interested.

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Post ID: @1amv+WW3DSPj

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