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IBM is said to consider sale of Watson Health amid cloud focus

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IBM Watson Health business, a person with knowledge of the matter said, a move that would help newly appointed Chief Executive Officer Arvind Krishna focus on faster-growing cloud computing operations.Deliberations are at a very early stage and the company may opt not to pursue a deal, said the person, who asked not to be identified discussing private talks.

IBM is exploring a range of alternatives, from a sale to a private equity firm or a merger with a blank-check company, according to the Wall Street Journal, which earlier Thursday reported the possibility of a deal.Also Read | Turnout modest for second covid shotIBM has been trying to boost its share of revenue from hybrid-cloud software and services, which lets customers store data in.

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Hambantota port responds to fire onboard Drill Ship ‘West Polaris’ - newsfirst.lk
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Hambantota port responds to fire onboard Drill Ship ‘West Polaris’
Hambantota (News 1st); The Hambantota International Port Emergency Response Unit (ERU) together with the port’s Quality, Health, Safety & Environment Dept. (QHSE), and Port Control, responded to a fire that occurred onboard the drillship “West Polaris,” on Tuesday, 15th evening.The ship’s crew had alerted Port Control for assistance in dousing the sudden fire that had broken out in the ship’s emergency generator room.The ERU’s fire trucks arrived on the scene within minutes of being notified, assisting the crew to quickly contain the fire with charged fire hoses. The respective ERU teams brought the fire fully under control within 33 minutes of their arrival. They were able to prevent serious damage to the ship, or its surrounding area.“The joint effort of this venture reflects professionalism and assurance to HIP port users and stakeholders of optimum safety and proactive response to unforeseen events related in maritime operations,” said Tissa Wickramasinghe, COO of HIPG.The 14-year-old “West Polaris” called at the Hambantota Port for a layup on 11th January 2021, and was at Berth 6 when the fire occurred. The ship is expected to remain in port until June 2022.What is vessel Lay-Up?The term ‘Laid-up’ or ‘Lay-up’ of ships technically means ships that have temporarily been taken out of profitable service due to lack of charter or cargo.Sometimes, an increase in the freight costs becomes insufficient to cover the ships’ running costs.
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