Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > General Computing > IBM: We...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, December 15, 2013
IBM: We Are Not Related To PRISM


IBM on Friday said that a lawsuit alleging that the company was complicit in the NSA snooping program known as "Prism" is "a wild conspiracy theory."

"IBM's cooperation with a National Security Agency surveillance program caused sales in China to "abruptly halt" and the company's stock price to decline, a shareholder lawsuit claims.

"This lawsuit seeks to confuse IBM's support for a U.S. cybersecurity legislative proposal -- which has yet to be enacted -- with the completely unrelated NSA surveillance program called PRISM," IBM's general counsel, Robert Weber, said in a statement Friday. "Even a cursory reading of the legislative proposal, known as CISPA, makes clear that it has nothing to do with the recently disclosed NSA surveillance program."

IBM said it would vigorously fight the "baseless" lawsuit.

The suit was filed Thursday in Manhattan federal court by the Louisiana Sheriffs' Pension and Relief Fund. The complaint accused IBM of defrauding investors by concealing the company's sales decline in China after Edward Snowden leaked information that the company was cooperating with the NSA. IBM lobbied in favor of a bill that would allow it to share customers' personal data, including data from customers in China, with the NSA, according to the complaint.




Previous
Next
Internet Users Bring Google Before English High Court        All News        Original Shows Coming On Xbox
Internet Users Bring Google Before English High Court     General Computing News      Yahoo CEO Apologizes for Mail Outage

Get RSS feed Easy Print E-Mail this Message

Related News
IBM Buys AlchemyAPI
IBM Unveils New Storage Solutions Based on Micron's Flash
IBM BigInsights Introduces Machine Learning With R
IBM Says Popular Dating Apps Are Vulnerable to Hackers
Cloud Cryptographic Algorithm Protects Personal Data
IBM Posts Fourth-quarter Results
IBM Launches Powerful z13 Mainframe
IBM Retains U.S. Patent Record in 2014
Intel, IBM Follow Different Strategies On 14nm FinFET
Apple and IBM Bring Big Data Analytics and Security Capabilities on iPhone And iPad
Mobile Shopping Dominated During Thanksgiving And Black Friday
IBM Patents Cloud Privacy Engine

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .