Tag Archives: eugene ludwig

IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson

Promontory’s 600 professionals and offerings will form the foundation of new Watson Financial Services portfolio from IBM’s Industry Platforms business

ARMONK, N.Y. – 29 Sep 2016: IBM today announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm.  Upon close, the capabilities of Promontory combined with IBM’s deep industry expertise and Watson’s cognitive capabilities will directly address the massive operational effort and manual cost of escalating regulation and risk management requirements. (more…)

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NASA’s WISE Findings Poke Hole in Black Hole ‘Doughnut’ Theory

A survey of more than 170,000 supermassive black holes, using NASA’s Wide-field Infrared Survey Explorer (WISE), has astronomers reexamining a decades-old theory about the varying appearances of these interstellar objects.

The unified theory of active, supermassive black holes, first developed in the late 1970s, was created to explain why black holes, though similar in nature, can look completely different. Some appear to be shrouded in dust, while others are exposed and easy to see. (more…)

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