The Digital Dark Age
On an ordinary Friday, the world was thrown into chaos. A single software update from CrowdStrike, a leading cybersecurity provider, triggered a global tech outage. This incident laid bare the vulnerability of our digital infras...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
Oracle report and shares
Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion.
The company's cloud revenue segment, which it h...
Nvidia and ARM
Nvidia Corporation (NASDAQ:NVDA) is preparing to back out of buying UK chip developer Arm from SoftBank Group (T:9984) amid problems with regulatory approval of the deal, Bloomberg writes citing sources.
According...
Going public
The Cybersecurity company Zerofox acquired IDX the digital privacy Platform and going public with blank-check L&F Acquisition Corp LNFA.N, said company on Monday.
The pandemic has forced companies to adopt ...
Финансовые перспективы неутешительны
Акции Adobe (ADBE) в четверг пережили второе худшее падение за десятилетие, поскольку прогноз компании на 2022 год предполагает риски замедления роста. Падение акций Adobe отражает общий спад в секторе производит...
A step into the Metaworld
Intel (INTC) says it will spend $7.1bn to build a chip manufacturing plant in Malaysia as it seeks to compete with TSMC. Intel claims software that will be a "technical breakthrough" ...
Strike by ABetterABK
As Activision Blizzard works to improve its workplace culture, unions are brewing within the video game company A group of workers known as ABetterABK has teamed up with Communications Workers of America and begun asking colleag...
Shares still down
Salesforce (CRM) reported record revenues, beating analysts' forecasts, but gave a worse-than-Wall Street earnings outlook. The company has appointed Bret Taylor as co-CEO, who is seen as the future successor to current CEO Marc Be...
When we think of POS systems, we think of cash registers and complex electronic systems. Customers come in, pay, you bill them, and it's over.
But in today's world, POS systems or restaurant management software can do much more for your restaurant. ...
Revenues beat forecasts
Microsoft (MSFT) shares rose to a new all-time high on the back of the publication of higher revenue cloud services Azure and the forecast for the December quarter above marke...
Google partnership and semiconductor shortages
AMD's stock rose 2.54 percent after news that the company's new AMD EPYC processor has been adopted by Google's data centre. In addition, the company announced ambitious targets for energy efficiency, E...
Competition in manufacturing
Intel (INTC) is widely known as the global leader in central processing units, while Nvidia and AMD lead the way in graphics chip sales. However, Intel is preparing to release...
Losses for three years
GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the...
Facebook and Kustomer
The European Commission (EC) on Monday began examining the impact on the European market of Facebook's acquisition of Kustomer, headquartered in New York, which specialises in creating to...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
Nvidia and DeepMap
NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology.
Nvidia (NV...
Check of Apple and Google
The Japanese government intends to inspect Apple and Google for violations of antitrust laws and obstruction of fair competition. The Nikkei newspaper reported this on Sunday.
According to the newspaper, a government commi...
Buying bitcoins
Analyst software maker MicroStrategy has raised its plan to raise $100m to $500m in light of the high oversubscription of its latest bond offering, Bloomberg reports.
The company intends to use the funding to buy bitcoin. According ...
New features for communication
Facebook on Wednesday held an "F8 Refresh" conference for software developers at which it unveiled new features for sharing business messages on Instagram and WhatsApp. Facebook aims to ma...
Powerful chips and 5G modems
Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip sho...
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