IBM Watson Health headquarters in Massachusetts. Photo: Suzanne Kreiter/The Boston Globe via Getty Images

An IBM spokesperson has confirmed the technology giant has laid off people in its Watson Health division, saying in a statement the layoffs represent a "small percentage" of Watson Health's 7,000-plus employees without disclosing exact figures. IBM said earlier media reports of "massive" layoffs are exaggerated.

Why it matters: IBM has spent billions the past few years acquiring various health care companies, so cutting jobs may have been inevitable. But Watson Health, a unit focused on using artificial intelligence in health care, has faced criticism for expensive technology and overhyped claims.

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Biden is highest-spending political candidate on TV ads

Joe Biden. Photo: Sean Rayford/Getty Images

After spending an additional $45.2 million on political ads this week, former Vice President Joe Biden has become the highest-spending political candidate on TV ads ever, according to data from Advertising Analytics.

By the numbers: In total, the Biden campaign has spent $582.7 million on TV ads between 2019 and 2020, officially surpassing Michael Bloomberg's record spend of roughly $582 million. Biden's spend includes his primary and general election advertising.

SurveyMonkey poll: Trump improves, but not enough

Trump and Biden during the final debate. Photo: Xinhua/Liu Jie via Getty Images

President Trump's final debate performance exceeded Americans' expectations, but it wasn't enough to shift the dynamics that left him trailing Joe Biden across most measures, according to a new Axios-SurveyMonkey poll.

What they're saying: "Liar" was the word used most by debate watchers to describe Trump's performance, followed by "lies," "strong," "presidential" and "childish." "Presidential" was the word used most to describe Biden's performance, followed by "liar," "weak," "expected" and "honest."