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 AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.