IBM is reportedly laying off 10,000 employees, mostly from the European region. The cuts come as part of a plan to spin off the legacy IT services unit to streamline the company and cut costs.
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The company has open-sourced unbreakable cryptographic algorithms, prototyped the world's first quantum computing safe tape drive, and is providing security assessment to customers of IBM Cloud.
Building on its $300m investment to develop Spark "as a type of 'analytics OS'", IBM's new offering promises "an interactive, collaborative, cloud-based" development environment for data scientists.