IBM is ending Olympics deal in cost dispute

Article Abstract:

The Olympic Games world-wide sponsorship, International Business Machines Corp., has decided to withdraw from its 38-year marketing relationship with the International Olympic Committee because of a dispute over technology costs. IBM, which paid $100 million to sponsor the Games last year and wanted the IOC to pay for some of the technology costs, also was irritated by an IOC decision to create a separate sponsorship for the Olympic Games' Web sites. Industry analysts predict that the IOC will not be able to find a comparable replacement for IBM.

Comment:

Has decided to pull out of its long-time sponsorship of Olympic Games due to cost dispute

Office & Computing Machines, Company Planning/Goals, Public affairs, Office equipment

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IBM and Equifax join forces to market certification for Internet transactions

Article Abstract:

Equifax Inc. and International Business Machines Corp. are forming a strategic alliance to market digital-certification services. the move could benefit greatly business transactions over the Internet. Digital certificates utilize encryption software to allow companies to verify the identity of customers shopping on the Web or sending electronic mail. The certificates also eliminate the need for shoppers to send credit card information each time they place an order.

Comment:

And Equifax Inc are forming a strategic alliance to market digital-certification services

On-Line Information Services, New Products/Services, Alliances, partnerships, Credit Checking Vendors, Credit bureaus, Equifax Inc.

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