Global Trends
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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Global Cloud Services Trends
Tesla faces 5-year low in profit margins amid price cuts
Tesla’s Q2 2024 profit margin hit a five-year low at 14.6%, missing estimates, with net income falling to $1.48 billion.
Global Cloud Services Trends
Visa blocks $40B in fraudulent transactions in 2023 with advanced tech
OUR TAKEVisa’s fraud-fighting feats are like hiring an army of digital Sherlock Holmes. Blocking 80 mil fraud transactions. That’s like catching a wave of thieves trying to steal from every other beach in the world. But with 10 Bintech upgrades and 500M on AI, it’s clear Visa’s…
Global Cloud Services Trends
Alphabet to invest $5B in Waymo to expedite auto-driving market
OUR TAKEAlphabet dropping $5 billion on Waymo is a bold move. It’s like Tesla’s Elon Musk doubling down on Cybertruck production, but in the world of self-driving. The fact that Waymo’s already ferrying 50K rides a week is impressive, but this injection of cash could really…
Global Cloud Services Trends
Trump’s digital comeback: Facebook and Instagram lift ban
Meta said Friday it lifts restrictions on Trump’s Facebook and Instagram accounts ahead of the Republican convention. These platforms are key tools for Trump’s political advocacy and fundraising.
Global Cloud Services Trends
Alphabet’s revenue boosts by cloud computing, search ads
OUR TAKEAlphabet’s second quarter revenue reached $71.36 billion, exceeding expectations due to robust demand for cloud computing and search advertising. A key contributor to this success was the profitability of Google Cloud, which reported a profit of $1.17 billion. Despite…
Global Cloud Services Trends
Cybersecurity firm Wiz scraps $23B merger agreement with Google
Israeli cybersecurity startup Wiz ended acquisition talks with Google-parent Alphabet for a $23 billion deal, choosing to focus on an initial public offering.
Global Cloud Services Trends
Boeing-owned Wisk aims for pilotless air-taxi launch by 2030s
Wisk Aero, owned by Boeing, plans to introduce a fully autonomous air-taxi service “later in the decade” and is currently seeking regulatory approval.
Global Cloud Services Trends
Reddit strikes deals with sports leagues to boost ad revenue
Reddit partners with major sports leagues to boost ad revenue, reporting a 48% Q1 revenue increase and expects an adjusted profit in Q2.
Global Cloud Services Trends
CrowdStrike shares plummet 13% after global cyber outage
CrowdStrike shares dropped 13% after a software update caused a global cyber outage. Analysts downgraded the stock, affecting its financial outlook.
Global Cloud Services Trends
Google moves away from plan to drop ad cookies for Chrome users
OUR TAKE Google has taken a new direction in managing user privacy on its Chrome browser. Instead of eliminating third-party cookies, which are central to digital marketing, Google is introducing a choice-based system that allows users to control their privacy settings.This pivot…
Global Cloud Services Trends
Bitcoin ETF inflows top $3B in four-week period
OUR TAKEBitcoin ETFs saw a notable surge in inflows last week, attracting $1.27 billion as the price of the cryptocurrency hit its highest level in over a month. This inflow marks the fourth consecutive week of positive investment, with more than $3.1 billion accumulated over…
Global Cloud Services Trends
Hedge funds cut equity risk amid big tech rout
OUR TAKEHedge funds have sold off their equity holdings at a rapid pace, the fastest since the meme stock phenomenon in January 2021. This sharp reduction in hedge fund equity positions, as reported by Goldman Sachs, is largely in response to significant losses in major…
Global Cloud Services Trends
Logitech co-founder gets court win to name his nominee for chair
OUR TAKELogitech co-founder Daniel Borel has won a court order to put his nominee, Guy Gecht, on the agenda for Logitech’s upcoming shareholder meeting. This court ruling is a major development for Logitech, as it highlights significant tensions within the board and raises…
Global Cloud Services Trends
Wiz rejects Alphabet’s $23B offer, seeks IPO instead
OUR TAKECybersecurity firm Wiz recently made headlines when it rejected a hefty $23 billion takeover offer from tech giant Alphabet and instead chose to pursue an initial public offering (IPO). Wiz CEO Assaf Rappaport announced the decision in a memo to employees. The move not…
Global Institutional Trends
Byju’s founder confronts insolvency amidst plummeting valuation
Byju Raveendran, the founder of the Indian education technology firm Byju’s, faces a court-ordered insolvency process for his ed-tech giant. Byju’s has experienced a dramatic drop in valuation from $22 billion to under $2 billion, leading to insolvency proceedings that risk…
Global Cloud Services Trends
Meta faces EU scrutiny over ‘pay or consent’ model
The EU has warned Meta that its “pay or consent” model could be in violation of consumer protection laws, demanding changes by September 1. The EU’s Consumer Protection Cooperation has highlighted concerns over Meta’s “free” service description for its platforms, which lacks…
Global Cloud Services Trends
Toyota plans $5.2B share buyback from banks, insurers
Toyota is buying back $5.2 billion of its shares from banks and insurers, to enhance shareholder returns and corporate governance.
Global Cloud Services
First-party cookies vs third-party cookies: What’s the difference
Knowing the difference between first-party and third-party cookies helps make better decisions about online privacy.
Global Cloud Services Trends
Impact of blocking third-party cookies on your browsing experience
Blocking third-party cookies offers significant privacy benefits, however, it comes with trade-offs as well.
Global Cloud Services Trends
Find out where third-party cookies are stored
Third-party cookies are stored in the same way as first-party cookies while the key difference is who places them and what they are used for.