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Latest intelligence on infrastructure operators, policy decisions, market moves, and digital power shifts.

Unveiling the reasons behind tech layoffs

Global Institutional

Unveiling the reasons behind tech layoffs

Anna Tavis, clinical professor in human capital management at New York University, believes that all industries will continue to “right size” their staffing levels in pursuit of efficiency, cost cutting, and rationalising their skills portfolio. Driven by a combination of market…

May 9, 2024
The ripple effect: How tech layoffs impact the economy

Global Cloud Services

The ripple effect: How tech layoffs impact the economy

The tech industry has long been a driving force of economic growth and innovation. However, recent layoffs in the sector have raised concerns about the potential broader economic impact. In this blog post, we’ll explore 3 key areas where the effects of tech layoffs could be felt…

May 9, 2024
AI governance at Accenture: Innovation that is responsible

Global Cloud Services

AI governance at Accenture: Innovation that is responsible

In artificial intelligence (AI) field, governance is not just a buzzword; it’s a blueprint for the future. Accenture, a leading global professional services company, has recognised the importance of AI governance and has been at the forefront of shaping responsible AI practices…

May 9, 2024
A layered model for AI governance

Global Institutional

A layered model for AI governance

Artificial intelligence, or AI, is a technology that enables computers and machines to simulate human intelligence and problem-solving capabilities. Al, from a technical perspective, is not a single technology, but rather a set of techniques and sub-disciplines ranging from areas…

May 9, 2024
UK Network Rail employs VR to solve real-world concerns

Europe and Middle East Cloud Services

UK Network Rail employs VR to solve real-world concerns

Network Rail officially instructed over 1,000 students—a historic number for immersive training programs at the Trinity Academy in Thorne, Doncaster. Five railway safety sessions were held at the Doncaster school by industry experts from Network Rail’s Community Safety team and…

May 9, 2024
DeepMind’s new AI can predict structure of ‘all life’s molecules’

Global Cloud Services

DeepMind’s new AI can predict structure of ‘all life’s molecules’

AlphaFold 3 transforms protein structure prediction, now modelling DNA, RNA, and ligands, aiding diverse scientific research fields.

May 9, 2024
Bitcoin inflows hit decade low as whales sit and wait

Global Cloud Services

Bitcoin inflows hit decade low as whales sit and wait

CryptoQuant reveals that Bitcoin exchange inflows have dropped to decade lows since reaching a peak of $73,800 in March.

May 9, 2024
Apple sees 12% surge in China iPhone sales

Asia-Pacific Cloud Services

Apple sees 12% surge in China iPhone sales

Success attributed to strong demand for latest iPhone models, effective marketing strategies, and strategic partnerships with local retailers.

May 9, 2024
Discussion on whether AI be regulated by the governance

Asia-Pacific Institutional

Discussion on whether AI be regulated by the governance

The way that social interactions and transactions are organised in today’s society is being drastically altered by artificial intelligence (AI). AI systems and the algorithms that underpin them are becoming more and more significant in the making of morally complex decisions for…

May 9, 2024

Global Cloud Services

Betraying reality: unveiling the fractured trust in AI-infused visuals

Consumers demand transparency in AI-generated visuals. Rising skepticism towards social media authenticity prompts businesses to prioritize trust-building measures. News analysis.

May 9, 2024
Turkey’s competition board fines Meta $37.2 mln for data violations

Europe and Middle East Cloud Services

Turkey’s competition board fines Meta $37.2 mln for data violations

Turkey’s Competition Board fines Meta Platforms $37.2 million for data-sharing violations, mandating user consent and transparency measures.

May 9, 2024
Eric Schmidt supports Altera’s AI agents in gaming arena

Companies

Eric Schmidt supports Altera’s AI agents in gaming arena

The partnership between Altera and Eric Schmidt highlights the importance of AI in gaming and potential to revolutionise various industries.

May 9, 2024
U.S. revokes Intel Qualcomm’s export license to China

Asia-Pacific Institutional

U.S. revokes Intel Qualcomm’s export license to China

The Biden administration revoked export licenses for Intel and Qualcomm, which had been supplying semiconductors to Huawei. The United States has placed Huawei on an export control list since 2019. Export ban The US government’s cancellation of Intel’s license for mass…

May 9, 2024
Disney and Warner Bros collaborate in streaming business

Companies

Disney and Warner Bros collaborate in streaming business

Disney and Warner Bros Discovery announced plans to launch a bundled service akin to traditional cable TV packages, allowing viewers to access Disney+, Hulu, and HBO Max all in one package, according to reports on May 8. Streaming business Subscribers to the bundle will have…

May 9, 2024
Apple Showcases Various AI Technologies at iPad Launch Event

Global Institutional Trends

Apple Showcases Various AI Technologies at iPad Launch Event

Apple has unveiled its latest innovations with the introduction of the M4 chip, designed to boost AI capabilities across its new iPad models. These technological advancements promise to significantly enhance user experiences by integrating sophisticated AI-driven features into…

May 9, 2024
Sales of electric vehicle Nio doubles, shares list 20%.

Companies

Sales of electric vehicle Nio doubles, shares list 20%.

Chinese electric vehicle brand Nio will launch a mid to low-priced brand and introduce its first model in the middle of this month. A surge in sales Nio has officially released its first vehicle, the “L60” under the “ONVO” brand according to the Chinese media outlet Quaker on May…

May 8, 2024
5 major types of ransomware attacks

Asia-Pacific Cloud Services

5 major types of ransomware attacks

Ransomware is one of the most effective strategies for attacking businesses, critical infrastructure and individuals. This type of malware infects computers and prohibits or severely restricts users and external software from accessing devices or entire systems until ransom…

May 8, 2024
Samsung acquires French AI ultrasound startup Sonio for $92.7M

Global Institutional Trends

Samsung acquires French AI ultrasound startup Sonio for $92.7M

Acquisition aims to integrate Sonio’s advanced AI algorithms into Samsung Medison’s ultrasound systems and advance medical innovation.

May 8, 2024
Cost-cutting efforts fail to stem Rivian’s $1.45B loss

Global Cloud Services

Cost-cutting efforts fail to stem Rivian’s $1.45B loss

The company implements stringent cost-cutting measures, including workforce reductions and process optimisations.

May 8, 2024
Brandywine Realty Trust hit by ransomware attack

Global Cloud Services

Brandywine Realty Trust hit by ransomware attack

The incident underscores escalating cybersecurity threats, stressing the importance of robust security measures.

May 8, 2024