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A Norwegian investment fund sells its stake in IBM for activities in landlocked settlements

Summary by RÚV

Norwegian insurance company Storebrand has sold all its parts to the US technology giant IBM. Storebrand states that the Israeli startup IBM's artificial intelligence technology in the occupied Palestinian territories is a necessary part of the sale. In a press release from the company, it is said that it agrees with the companies it invests in and whether they align with Storebrand's values. Stig-Øyvind Blystad, CEO of Storebrand, says the comp…

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A Norwegian investment fund sells its stake in IBM for activities in landlocked settlements

Norwegian insurance company Storebrand has sold all its parts to the US technology giant IBM. Storebrand states that the Israeli startup IBM's artificial intelligence technology in the occupied Palestinian territories is a necessary part of the sale. In a press release from the company, it is said that it agrees with the companies it invests in and whether they align with Storebrand's values. Stig-Øyvind Blystad, CEO of Storebrand, says the comp…

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RÚV broke the news in 10 months ago on Tuesday, May 21, 2024.

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