IBM issued a rare mid-quarter warning that triggered its sharpest single-day stock decline in 115 years on Tuesday, with CEO Arvind Krishna citing an AI-driven global memory shortage shifting enterprise budgets from software to hardware. The change could unsettle vendors beyond IBM as corporate spending prioritizes supply-constrained components.
The decline marked the company's steepest one-day fall since its founding.
The spending redirection could unsettle multiple enterprise vendors reliant on software and mainframe revenue.
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Microsoft has filed notice to permanently lay off 605 workers at its Redmond headquarters effective September 4, 2026. Axios notes 493 Redmond + other WA sites for the 605 total. The cuts are part of a sweeping Xbox gaming division restructure inside a global plan targeting approximately 3,200 roles in FY2027.
Microsoft disclosed CVE-2026-50380, a critical heap-based buffer overflow in Windows GDI+ that enables remote code execution over a network with a 9.6 CVSS score. The flaw affects numerous Windows 10 and 11 releases and is being patched as part of the July 2026 Patch Tuesday.
ESET researchers found that 11 defective Microsoft-signed shims allowed trivial bypasses of UEFI Secure Boot for 13 years until revocation in the June 2026 Patch Tuesday update. The flaw affects Windows and Linux devices alike and enables persistent bootkit installation with minimal attacker effort.
