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IBM Watson Unit Targets Online Travel, Shopping Apps

IBM (NYSE:IBM) announced investments in two companies to advance online travel and shopping apps that work with its powerful Watson computer.

IBM is pursuing direct investments — with a $100 million fund — to enhance innovations for Watson. It recently invested in Modernizing Medicine, the provider of a specialized electronic medical records system. It also invested in Pathway Genomics, a clinical laboratory that offers genetic testing services.

By: Brian Deagon on in News