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Global Institutional Trends
UMG’s partnership with KLAY raises questions over AI in music
What happened In the latest move toward integrating artificial intelligence into the music world, Universal Music Group (UMG) announced a partnership with a new AI company called KLAY. This partnership, described as “pioneering,” aims to establish an “ethical foundation” for…
North America Cloud Services Trends
Bitcoin reaches $70K for the first time in months as election and earnings loom
What happened Bitcoin briefly surged past $70K as investors anticipated MicroStrategy‘s results and the upcoming U.S. presidential election. Coin Metrics reported a 3% price increase, reaching $69,925.00, with a peak of $70,207.02 on Monday around 6:00 p.m. Eastern, followed by…
North America Cloud Services Trends
Broadband providers invest $94.7B to strengthen networks for AI-driven growth
What happened USTelecom reported that the US broadband industry invested $94.7B in communication infrastructure in 2023 for AI-driven growth. The investments were the second biggest in 22 years, trailing only 2022’s $102.4, and were more than 23% higher than the historic yearly…
North America Cloud Services Trends
Almost human: How close are we to perfecting humanoid AI?
Explore the latest breakthroughs in humanoid AI and the companies leading the charge toward a future where machines think and feel like us!
Global Cloud Services Trends
Top tech stories today: October 29, 2024
1. Asset managers launch new AI-focused ETFs New ETFs targeting AI industry gains are launching, aiming to capitalize on the growing interest in artificial intelligence technology. Business Standard 2. Mastercard expands express program for fintechs Mastercard enhances its…
Asia-Pacific Cloud Services Trends
Tribe Payments plans to boost support for banks and fintech in Singapore
What happened Tribe Payments is a leading digital payments and infrastructure coordination company. Today, the company announced the opening of a new office in Singapore. This officially expands its business into the Singapore market. Tribe Payments has already been serving…
Global Cloud Services Trends
Alibaba agrees to pay $433.5M to settle security fraud class action
What happened Alibaba Group Holding Ltd. declared on Friday that it would pay $433.5 million to resolve a class action lawsuit alleging securities fraud in a federal court in Manhattan. The settlement resolves a case where Alibaba shareholders accused the company of misleading…
Global Cloud Services Trends
Meta AI chatbot to use Reuters content in real time
What happened Meta is partnered with Reuters to use their news and events content to answer users’ question in real time. Both companies disclose to offer the financial detail of their partnership. Meta also disclose about whether they will use Reuters content to train their LLM.…
Asia-Pacific Cloud Services Trends
Medtech Alimetry secures $18M to enhance wearable devices for gut diseases
What happened New Zealand medical technology company Alimetry secures $18 million in funding to advance the development of wearable devices for gastrointestinal diseases. This non-invasive device captures intestinal electrical activity through a flexible electrode array attached…
Europe and Middle East Cloud Services Trends
UK regulators investigate Google’s collaboration with AI startup Anthropic
What happened The UK regulatory agency has launched a formal investigation into Google’s collaboration with Anthropic. Last year, Anthropic announced that it had received a $500M investment from Alphabet and was expected to secure an additional $1.5B in funding in the future.…
Global Cloud Services Trends
SpaceX and ESA discuss solutions as space junk hits critical mass
What happened The European Space Agency (ESA) has initiated discussions with SpaceX, aiming to include Elon Musk’s space enterprise in its Zero Debris Charter, a global initiative to curb space junk generation by 2030. With space debris becoming an increasingly urgent problem…
Companies
Is IPv6 essential? APNIC’s chief scientist questions the shift
image source: APNIC blog What happened Amid the endless debate surrounding internet protocols, Geoff Huston, chief scientist at the Asia Pacific Network Information Centre (APNIC), suggests that IPv6—the internet protocol once deemed essential for growth—is perhaps no longer…
Global Cloud Services Trends
Top tech stories today: October 25, 2024
APNIC launches training for telecom operators APNIC is set to provide networking training for telecom operators, aiming to improve infrastructure and operational efficiency. Mettis Global Is IPv6 still relevant in today’s internet? The ongoing debate about IPv6’s relevance in an…
Companies
AFRINIC's election clock is now a test of registry trust
The 2024 SCJ 473 judgment restored AFRINIC's Official Receiver order and made the election timetable a member-verifiable legitimacy test.
Global Cloud Services Trends
Nvidia’s CEO says the design flaw with the Blackwell GPU is now fixed
What happened NVIDIA‘s CEO Jensen Huang recently announced that they have completely fixed the design flaw affecting Blackwell GPU production. Previously, this design flaw affected the chip’s yield but did not impact its functionality. NVIDIA designed the Blackwell GPU as its…
Global Cloud Services Trends
Apple releases API for smart and localized English support
What happened Apple released developer beta versions of iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2 on Wednesday. These updates introduce several new Apple Intelligence features. These include genmoji, image playground, visual intelligence, image wand, and ChatGPT integration.…
Global Cloud Services Trends
Tyler Technologies upgrades forecast for full year as cloud computing drives IT demand
What happened Tyler Technologies Company raised its revenue and profit forecasts for the full year. This is because of strong demand for its IT services. The company also exceeded Wall Street’s expectations for third-quarter profits. Tyler Technologies now expects its revenue for…
North America Cloud Services Trends
Microsoft warns of Iranian hacker group targeting election sites
As the U.S. gears up for its elections, concerns about cyber threats have escalated, particularly from the Iranian hacker group known as Cotton Sandstorm. According to a recent blog post by Microsoft, this group, which is associated with Iran’s Islamic Revolutionary Guard Corps…
Companies
APRICOT 2025 invites presentations: Be part of the conversation
What happened The APRICOT 2025 Program Committee (PC) has launched its call for presentations, inviting industry experts to contribute to the conference scheduled for February 19 to 27, 2025, in Petaling Jaya, Malaysia. This year’s event promises to explore a diverse array of…
Global Cloud Services Trends
ServiceNow quarterly subscription revenue above estimate
What happened ServiceNow expects fourth-quarter subscription revenue to range between $2.875 billion and $2.880 billion, compared to an average expectation of $2.85 billion among analysts, according to LSEG statistics. ServiceNow now anticipates yearly subscription revenue of…