[vcf-midatlantic] IBM to break up 109-year old company to focus on cloud growth

Ethan O'Toole telmnstr at 757.org
Thu Oct 8 15:32:37 EDT 2020

> IBM hasn't been the same since it sold its PC/laptops to Lenovo.
> Their cloud business is not very good, I am unsure what they think will
> happen by this action, unless it's just for the board of directors to make
> more $$.
> Bill

There was some investor type on CSPAN a few months ago with a rant about 
execs. He singled out IBM in his example of horrible companies, based on 
the exec leadership not really driving innovation and instead buying back 
their own stock. Which used to be illegal.

Was interesting.

             - Ethan

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