LyrArc Article Gist
Apple's deal with IBM in 2014 to jointly develop apps and mobile services for business customers.

LyrArc Article Gist
Rosie Millard takes up French at age 60 at London University. She lives just up the road from Birkbeck College. She comes back to the classroom in evening classes attended by people who work during the day. Here she describes her day at school learning French in a new environment of computers, the cloud, and a classroom of avid learners. Only 135,000 students in Britain took modern languages at GCSE A level with French doing the worst. Millard is bucking the trend. For seniors this is about resilience in aging as this as important as smoking cessation or cutting obesity habits say researchers to maintain a healthy vibrant brain well into the eighties and nineties.

LyrArc Article Gist
IBM's two decade long push into services, software, business solutions and now cloud computing. The process began with the declining demand for mainframe computers in the 1990's. IBM has accomplished this through acquisitions, a shift in internal focus, and building a globalized workforce.

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The leading Democrat on the Senate Banking, Housing and Urban Affairs Committee, Elizabeth Warren, says she is eager to work with DJT, Tim Scott and Republicans in Congress to make life affordable for working families and to rebuild the middle class. She says Republicans and Democrats have thir reasons for th housing shortages and hgih costs of housing, and both are right. Republicans pointing to the supply shortage and Democrats pointing to the price fixing and corporate landlords.

On DJT proposing to cap credit card interest rates at 10% Warren says she will work with Republicans to make it happen.

Warren cites personal experience as reason she is at her job. Her dad lost his job and almost lost his home. This is why in the wake of the 2008 financial crisis caused by banks engaging in speculation she says she became Senator and why she is fighting to make life affordable for all Americans.

LyrArc Article Gist
Winkler questions whether IBM can continue to generate the free cash flow to continue share buybacks and dividends that have boosted its share price. Its high P/E ratio relative to other tech companies such as Microsoft which have higher cash on the balance sheet and a higher rate of growth is also considered a point of concern for investors.

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How IBM with its Smarter Planet initiative, GE, Cisco are creating smart infrastructure that saves energy. This reduces carbon dioxide emissions by reducing traffic congestion in cities like Stockhom, uses less water at plants, uses less energy for rail locomotives. These companies use technoloical advances in sensors to monitor use and advaced software to control usage. The huge stimulus spending in these areas creates new opportunities that companies are pursuing aggressively. One Dept of Energy project in Washington state using IBM technology showed that peak loads on utility grids can be reduced by 15%. Nationally such an advance in the U.S. over a 20 year period would eliminate the need for 30 coal-fired plants. IBM has a project in Norway for distribution with the largest food supplier using tracking software to optimize shipments and reduce spillage.

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The invention of the Universal Product Code (bar code) by IBM engineer, George Laurer in 1971. The insight that led to redesigning an existing invention.

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Americans have changed their habits after pandemic and now try to leave office at 5.01 pm to go home, giving room for exercise, cooking dinner, children, and other activity at home. There is a pushback to avoid staying till later in the evening for after hours activities at the workplace.

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The question of identity that looms large over the retirement years is explored from personal experience by Stephen Yoder in the WSJ.

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Jonas Vinegaard of Denmark settles the race with a fast time working himself upto near exhaustion and adding 7 minutes to his lead during the trials in the 17th stage of the Tour de France. From 10 seconds in earlier stages of the cycling race in Basque Spain across the Pyrenees mountains and into France Slovenian cyclist Pogacar was only 10 seconds behind Vinegaard. With this time in the trials and putting up a great effort in the Alps near Geneva Vinegaard now has a 10 minute lead over Pogacar, enough for him to make it to Paris without the pressure that would otherwise be seen. Vinegaard shows a new kind of resilience, strength, strategy and skills that has endeared him with a new generation of cycling enthusiasts, with a humility that comes naturally for him.

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Indian finance minister Sitharaman discusses Gati Shakti master plan for India's infrastructure development with CEO's of American companies including IBM's Arvind Krishna, and the head of Fedex, after discussions at the IMF, World Bank meetings in the US.