After IBM's stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.

IBM shares plunged after the company warned that Q2 revenue and earnings would miss expectations, blaming customers' sudden shift in spending toward AI hardware instead of software services. However, CEO Arvind Krishna did not place all the blame on IBM's customers. The CEO also said it "faltered" by failing to "anticipate the magnitude of the capex reprioritization." "These conditions require our teams to execute perfectly, and this quarter we faltered. We did not adapt and move quickly enough, and numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall." Fast Company reports: In the preliminary report, IBM said that for its second quarter of fiscal 2026, it expects revenue of $17.2 billion, which is up 1%. It also said it expects a Non-GAAP Diluted Earnings Per Share (EPS) of $2.93, up 5%. However, as noted by CNBC, these preliminary results are below what analysts were expecting, which was $17.86 billion in revenue, and an EPS of $3.01, according to FactSet data.

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Since February, New York state police have arrested 48 people for trespassing on a former IBM campus in Somers, New York, reports the Wall Street Journal. 30 of the arrests were teenagers. The long-vacant site has become a magnet for so-called urban explorers, who prowl abandoned malls, hospitals, power plants, amusement parks, factories and any other disused structure they can breach... [I]t's been turbocharged by artsy videos on Instagram and TikTok that spur others to create their own posts, luring still more curiosity seekers... In Somers, social-media images of the old IBM campus — a sprawling, pyramid-studded 1980s complex designed by the late I.M. Pei's firm — show dystopian scenes: busted windows, tossed rooms and graffitied walls. But they also give eerie glimpses of conference rooms and cubicles unchanged since IBM left a decade ago, as if employees had fled the daily grind one day and never returned... One man in his mid-20s faces felony charges; police allege he had a loaded 9mm gun and took a Sony camera and power strip among other souvenirs. Andrew Proto, a defense lawyer, said "a 15-second clip" isn't worth a criminal record... Proto said he has represented or advised several minors arrested on the campus. The Somers town court clerk said some defendants received a 6-month "adjournment in contemplation of dismissal," meaning charges will be dropped and their arrest sealed if they avoid trouble. Some explorers who have posted about the IBM site say they follow an observe-and-preserve ethos and reject vandalism. They say they're driven by curiosity, the thrill of roaming forbidden spaces and a zeal to document discoveries — and that they're careful and know their limits. "It actually gives me hope when I hear that kids are out there getting into trouble," says Bradley Garrett, a cultural geographer and author of the book "Explore Everything: Place-Hacking the City," about his own urbex adventures. He sees urban exploration as "a gateway drug in a good way, sometimes, into intellectual curiosity about history and culture." But Garrett said popular spots can be "loved to death" online — and then shut down, looted or set ablaze. "Trespassers were blamed for a March 30 fire, reports a local newspaper, "that damaged one of the buildings and required volunteer firefighters to spend three hours extinguishing the blaze."

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Back in the 1990s IBM had a pretty sizeable presence in the PC market, including its rather spiffy Aptiva series of PCs. Naturally their PCs had to feature heavily in another consumer-related thing that was popular in the 1990s, being smart home automation in the form of IBM Home Director. Recently [Ionic1k] took a look at this blast from the past, starting with one of the original IBM commercials.

At its core it used the same X10 protocol that similar solutions from RadioShack and others used, with many modules and packages you could get to use with it. You could also get a more bespoke installation performed at your home to move beyond mere X10, which some people are still finding when they’re buying a house.

Since this uses powerline communication, it required no wires to be run, just the requisite modules to be plugged into a power outlet, with the video demonstrating the basic setup and installation. The PC itself is plugged into the control module via the serial port, from which the Home Director control software can be used to create a configuration and control the state of connected modules.

Although X10 has the same issues as any kind of powerline communication, overall it seems like a very nice system, with a wide range of modules and absolutely easy to set up even for a casual Windows user.