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Market intelligence covers public developments that affect internet infrastructure, governance decisions, connectivity markets, digital capital flows, and operational risk. It connects reporting with related organisations, regional exposure, market context, evidence quality, operating dependencies, procurement pressure, competition, compliance, customer exposure, and service-continuity questions so readers can…
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Europe and Middle East Cloud Services Trends
SAP cloud revenue rises 25% as AI demand boosts growth
OUR TAKESAP SE, a leading software company based in Germany, reported a significant 25% increase in cloud revenue for the second quarter, reaching $4.52 billion. This growth is in line with the booming demand for artificial intelligence(AI) applications and shows SAP’s successful…
Europe and Middle East Cloud Services Trends
TikTok targets Spain, Ireland to revive European e-commerce push
OUR TAKETikTok is set to restart its e-commerce strategy in Europe with the launch of its in-app shopping feature TikTok Shop, in Spain and Ireland in October. The decision reflects a scaled-down approach, but preparations are underway to expand the platform to other European…
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…
Asia-Pacific Cloud Services Trends
China drops sanctions on US communications firm in rare reversal
OUR TAKEChina has announced the lifting of sanctions on Viasat Corporation, a US communications company. China’s decision marks a clear shift in its approach to international diplomacy and economic strategy, particularly in the high-stakes area of global telecommunications. By…
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.
North America Cloud Services Trends
G20 talks on global tax deal continue amid US tariff threat
Negotiations on a global tax agreement have extended beyond June 30, with governments eyeing progress at the upcoming G20 meeting. The high stakes of these negotiations could lead to the reinstatement of taxes on US tech giants by several countries if a final agreement is not…
Asia-Pacific Cloud Services Trends
Grab expands dinner reservation services with Chope acquisition
Grab acquires Singapore’s Chope to expand its services, including dinner reservations, to outcompete rivals in the Southeast Asian market. The acquisition sees Chope’s team joining Grab, with no job losses, and strengthens Grab’s ecosystem and advertising capabilities.
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.
Europe and Middle East Cloud Services Trends
Renault CEO calls for flexible EV adoption timeline
Renault’s CEO Luca De Meo expressed concerns about Europe’s timeline for transitioning to electric vehicles, calling for more flexibility.
Global Cloud Services Trends
Global markets steady as Biden withdraws; MSCI index up 0.75%
OUR TAKEBiden’s announcement that he’s stepping down barely moved the markets—they’re as steady as ever. The MSCI index even rose, bouncing back from last week’s sharp drop. On Wall Street, tech and communication stocks led the charge, with Nvidia’s new AI chip sending its stock…
Global Cloud Services Trends
Tesla’s Q2 margins hit five-year low as focus shift to robotaxi and AI
OUR TAKETesla’s sharp drop in profits for the second quarte is quite like a rollercoaster. Remember when Apple faced a sales slump due to aging product lines but quickly rebounded through innovation? Tesla’s decision to cut 10% of its workforce may seem drastic, but it’s a…
Europe and Middle East Institutional Trends
Portugal’s ambitious renewable energy targets: A vision for 2030
OUR TAKEPortugal’s renewable energy ambitions are sky-high, aiming for a 93% share by 2030. That’s a major leap from the 85% target set by the previous government. It’s like Portugal’s saying, “We’re all in on renewables, and we’re going big!” But there’s a catch – the…
Global Cloud Services Trends
Monarch Tractor secures $133M funding to tackle challenges
OUR TAKEMonarch Tractor’s autonomous electric tractors are charging ahead with $133 million in Series C funding. It’s crazy to think they’re now worth over half a billion. But with 400 customers already on board, they’re clearly doing something right. But let’s not ignore the…
Global Cloud Services Trends
Startup Kandji’s valuation hits $850M after $100M funding round
OUR TAKEKandji, the Apple device management platform founded in 2019, is truly a dark horse in the funding world. In an environment where startups are generally struggling for funding, they effortlessly secured an additional $100 million, with the funds split evenly between…
Europe and Middle East Cloud Services Trends
Linx raises $33M to disrupt identity management with AI
OUR TAKELinx, the Tel Aviv stealthy startup, just pulled off a $33M funding feat. It’s like the cyber world’s new superhero, swooping in to tackle identity management chaos. With founders from Israel’s elite cyber unit and stints at giants like Checkpoint and Microsoft, they’re…
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