The SEC has charged IBM with bribing officials from South Korea and China to win contracts for computer equipment. Charges of the slush fund were not confirmed or denied by IBM, but a $10 million court settlement was made. The bribes were used to pay for travel, entertainment and accommodations for said officials. Read the full article at ComputerWorld.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.