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submitted 7 months ago by fossilesque@mander.xyz to c/science_memes@mander.xyz
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[-] jaybone@lemmy.world 5 points 7 months ago

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

[-] nxdefiant@startrek.website 3 points 7 months ago

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@lemmy.world 1 points 7 months ago

What’s a company they invest in?

[-] nxdefiant@startrek.website 0 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

[-] freeman@sh.itjust.works 3 points 7 months ago

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

this post was submitted on 06 May 2024
2466 points (99.2% liked)

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