Monday, April 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp Improves LCD Viewing Angle With New Optical Film
Ex-Apple CEO To Sell Mobiles In India
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
Globalfoundries To Buy IBM chip-making Business: report
IBM To Help Organizations Tackle Fraud
IBM Watson To Help Fight Cancer
IBM Says It Has Not Provided Any User Data To Government
Lenovo Says China Strike Remains An IBM Matter
MWC: IBM Wants Mobile Apps on Watson
AT&T And IBM Join Forces On The Internet of Things
Scientists Set New Speed Record for Big Data
Samsung Joins IBM In OpenPower Alliance
IBM Considers Selling Its Semiconductor Business: reports
IBM Brings Watson to Africa
Lenovo Buys IBM's x86 Server Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .