Switzerland votes down Measure to limit Executive pay

April 7, 2017November 24, 2013 by Brian Wang

Swiss voters have rejected a proposal that would have limited executive pay to 12 times that of the lowest paid. The referendum saw 65.3% vote against the plan with 34.7% in favour. The country is home to a range of giant businesses, including pharmaceutical companies Novartis and Roche, the insurance groups Zurich and Swiss Re …

IBM’s goal is a petaflop computer the size of a large backpack and not a basketball court

April 7, 2017October 17, 2013 by Brian Wang

IBM has the goal of a 1 petaflop computer in a 10 liter size (10 liter kitchen garbage bags and waste containers are common). 1 petaflop means a computer can complete a quadrillion floating-point mathematical operations per second. Today’s top supercomputer clocked in at 33.86 petaflops, but it uses 32,000 Xeon processors and 48,000 Xeon …