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Global Trends

Global market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across global internet infrastructure markets. BTW.

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BT announces job cut as part of cost-cutting strategy

Global National Telecom Trends

BT announces job cut as part of cost-cutting strategy

What happened BT (British Telecommunications) announced plans for significant job cuts as part of a broader cost-cutting strategy. The company aims to reduce its workforce by up to 55,000 employees by the end of the decade. This reduction will impact various roles, including…

Nov 8, 2024
Data lakes 101: What is a data lake and how does it work?

Global Cloud Services Trends

Data lakes 101: What is a data lake and how does it work?

For businesses today, data isn’t just information—it’s an essential source for possibly all their operations. But with vast amounts of data pouring in from various sources, organizing and storing it becomes a challenge. What is a data lake? Think of it as an all-encompassing…

Nov 8, 2024
Warner Bros. Discovery CEO: Trump win may boost media mergers

Global Cloud Services Trends

Warner Bros. Discovery CEO: Trump win may boost media mergers

What happened David Zaslav, Warner Bros. Discovery CEO, remarked on the potential impact of a Donald Trump re-election on the media industry, hinting at a possible boost for mergers and acquisitions. During Warner Bros. Discovery’s third-quarter earnings call, Zaslav shared his…

Nov 8, 2024
Network challenges in Palestine: A talk with Anwar Abu Afifa

Global Cloud Services Trends

Network challenges in Palestine: A talk with Anwar Abu Afifa

-Breakdown of the podcast- Challenges in Palestinian network development The development of network infrastructure in Palestine faces significant obstacles, mainly due to political challenges and resource constraints. Anwar Abu Afifa, a Senior Core Network Engineer, highlighted…

Nov 8, 2024
iRobot cuts 16% of workforce in latest layoffs

Global Cloud Services Trends

iRobot cuts 16% of workforce in latest layoffs

_______________ What happened In a significant restructuring, iRobot, maker of the popular Roomba vacuum, has announced another round of layoffs, cutting 105 jobs—around 16% of its workforce—according to an SEC filing. This follows an earlier reduction of about 350 jobs after a…

Nov 7, 2024
Supermicro faces Nasdaq delist over financial concerns

Global Cloud Services Trends

Supermicro faces Nasdaq delist over financial concerns

what happened Super Micro‘s stock fell 18.14% on Wednesday, reaching its lowest level since June of last year, after the troubled server manufacturer released unimpressive unaudited financials and could not specify how it intended to maintain its Nasdaq listing. The stock went…

Nov 7, 2024
Arm’s forecast disappoints, casting doubt on AI growth

Global Cloud Services Trends

Arm’s forecast disappoints, casting doubt on AI growth

What happened Chip designer Arm Holdings issued a disappointing revenue forecast on Wednesday (Nov. 6) for the coming year, suggesting that the still-recovering smartphone market could overshadow growth in artificial intelligence. The company expects revenue for the current…

Nov 7, 2024
Sitejabber accused of manipulating product ratings for profit

Global Institutional Trends

Sitejabber accused of manipulating product ratings for profit

______________ What happened The Federal Trade Commission (FTC) has taken action against Sitejabber, an online review platform, for allegedly violating rules against fake reviews. The FTC claims Sitejabber boosted product ratings by including point-of-sale survey responses as…

Nov 7, 2024
Roblox introduces measures to protect kids in social hangouts

Global Cloud Services Trends

Roblox introduces measures to protect kids in social hangouts

What happened Roblox has announced new safety measures by banning users under 13 from entering social hangout spaces on its platform. This decision is part of an effort to create a safer online environment for younger users and reduce their exposure to inappropriate content or…

Nov 7, 2024
Google CEO pledges to be a trusted election source

Global Cloud Services Trends

Google CEO pledges to be a trusted election source

———————————— What happened In early November, Google CEO Sundar Pichai urged employees to ensure that Google products deliver reliable, neutral election information. He said maintaining trust is essential, especially during elections. The memo, reported by The Verge and The…

Nov 6, 2024
Google wins case over Google Play gift card fraud

Global Cloud Services Trends

Google wins case over Google Play gift card fraud

What happened Google successfully won a class-action court case that alleged it unlawfully profited from Google Play gift card scams. U.S. District Judge Beth Labson Freeman dismissed the case on Monday evening. The case accused Google of refusing to return the millions of…

Nov 6, 2024
IPv6—The big shift no one’s rushing into

Global Cloud Services Trends

IPv6—The big shift no one’s rushing into

The debate over the necessity of IPv6 adoption is reigniting, with APNIC’s chief scientist, Geoff Huston, challenging the widely held belief that transitioning from IPv4 is essential for the future of the internet. Huston suggests that the internet has mostly relied on Content…

Nov 6, 2024
Western Digital Corp surpasses quarterly profit estimates

Global Cloud Services Trends

Western Digital Corp surpasses quarterly profit estimates

What happened Western Digital Corp surpassed Wall Street’s quarterly profit expectations on demand for its data-storage devices from cloud service providers, driving its stock up 9% in extended trading on Thursday, according to Reuters. Western Digital Corp’s adjusted earnings…

Nov 6, 2024
How exoskeleton technology will transform the future of work

Global Cloud Services Trends

How exoskeleton technology will transform the future of work

I remember watching 127 Hours, a movie about a hiker trapped by a boulder in Bluejohn Canyon. To survive, he had to amputate his arm—a truly intense portrayal of resilience and determination. Aron faces excruciating pain and psychological pressure, remaining calm enough to make…

Nov 6, 2024
The downfall of 23andMe: What will happen to your data?

Global Cloud Services Trends

The downfall of 23andMe: What will happen to your data?

My experience with 23andMe It was at my college sophomore year 2020, I came across an advertisement online on social media about 23andMe. The ad shows the report of how their ancestry service tells you where you origin, I was quite curious and ordered a kit right away. The kit…

Nov 6, 2024
Perplexity AI raising new investment at $9B valuation

Global Cloud Services Trends

Perplexity AI raising new investment at $9B valuation

What happened According to the source, venture capital company Institutional Venture Partners (IVP), which also owns a board seat in the startup, is spearheading a fresh investment round for California-based Perplexity that is expected to raise $500 million. In January, the…

Nov 6, 2024
Fox Corp’s revenue soars: Political ads drive surge

Global Cloud Services Trends

Fox Corp’s revenue soars: Political ads drive surge

What happened Fox Corp announced on Monday (Nov. 4) that its first-quarter revenue exceeded Wall Street expectations. According to data compiled by the London Stock Exchange, the company reported first-quarter revenue of $3.56 billion. That compares with expectations of $3.37…

Nov 6, 2024
08-06-Nvidia

Global Cloud Services Trends

Nvidia becomes the largest company in the world: AI takes over

What happened Nvidia surpassed Apple on Tuesday (Nov. 5) to become the world’s largest company. The company’s dominant position in the semiconductor industry, combined with its strategic focus on AI hardware, has put it ahead of Apple. This shift highlights, in part, the growing…

Nov 6, 2024
Striking workers weigh new Boeing offer in tense vote

Global Institutional Trends

Striking workers weigh new Boeing offer in tense vote

What happened Thousands of striking Boeing workers voted Monday on a new four-year contract. The aircraft giant and the International Association of Machinists and Aerospace Workers agreed on the new contract on Oct. 31, with both sides urging the more than 32,000 IAM members to…

Nov 5, 2024
Why Palantir raises its revenue forecast for the third time

Global Cloud Services Trends

Why Palantir raises its revenue forecast for the third time

What happened Palantir Technologies on Monday (Nov. 4) raised its annual revenue forecast for 2024 for the third time. It is driven by strong demand for its AI data analytics solutions. The company now expects 2024 revenue to range from $2.805 billion to $2.809 billion. It is up…

Nov 5, 2024