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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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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…
Global Cloud Services Trends
A cyberattack knocked out the heating system in Lviv, Ukraine
OURTAKEIn the middle of a bitter winter in Lviv, residents spent two long, cold days without central heating. This was not just a simple technical glitch, but a direct consequence of a cyberattack that ruthlessly cut off people’s source of warmth and exposed them to biting winds.…
Global Cloud Services Trends
Third-party cookies: Integral part of digital advertising ecosystem
Third-party cookies have become an integral part of the digital advertising ecosystem, but have also sparked debates about privacy, user consent and data security in the online world. As privacy awareness increases and regulations are introduced, the future is likely to see more…
Global Cloud Services Trends
SAP cloud revenue soars 25% in Q2, beating market expectations
OUR TAKESAP’s recent financial report not only showcases its performance, but also strongly demonstrates its competitiveness and market prospects in the cloud computing space. Despite short-term challenges such as lower profits due to restructuring costs, the company’s strong…
Asia-Pacific Cloud Services Trends
Hong Kong to launch Asia’s first inverse bitcoin ETF
OUR TAKEHong Kong is set to make a big move in the cryptocurrency market with the launch of Asia’s first inverse bitcoin ETF, the CSOP Bitcoin Futures Daily (-1x) Inverse Product. This innovative financial product, which is set to launch on a Tuesday morning, will allow investors…
Global Cloud Services Trends
Nvidia develops new AI chip for China amid US export control
Nvidia is developing a version of its new AI chip tailored for the Chinese market, in response to tightened US export controls.
Global Cloud Services Trends
Google reverses decision to phase out third-party cookies
Google reversed its pledge to phase out third-party cookies in Chrome, instead introducing a new experience.
Global Cloud Services Trends
Tesla to launch humanoid robots for internal use in 2025
OUR TAKE Tesla unveiled the first generation of the Optimus Prime humanoid robot, known as Bumblebee, in September 2022. On January 17, Musk posted a video of the second-generation Optimus Prime humanoid robot folding a shirt by itself at the company’s factory. Humanoid robots…
Global Cloud Services Trends
Wiz rejects $23B offer from Alphabet, stays independent
OUR TAKEWiz turning down $23 billion from Google’s momma? That’s like saying no to a golden ticket to the candy store. But hey, Assaf Rappaport and his crew are no strangers to success. Remember Adallom? They cashed out big with Microsoft. Now, with Wiz, they’re betting on…
Latin America and Caribbean Institutional Trends
Argentina regulates $85B crypto market amid laundering concerns
OUR TAKEArgentina’s crypto market is as hot as a barbecue stand right now, and the government can’t just sit back any longer. With last year’s $85.4 billion trading volume catching global attention, the issues behind it are equally significant—money laundering and financial…
Asia-Pacific Cloud Services Trends
Top tech news stories today: July 23, 2024
Fintech 1. Hong Kong to launch Asia’s first inverse Bitcoin ETF CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF. (Cointelegraph) IT infrastructure 2. Google scraps plan to remove…
Africa Institutional Trends
Nigeria imposes $220 million fine on Meta for data and privacy violations
OUR TAKEThe penalty will significantly damage Meta’s reputation. To recover, Meta should not only address the immediate issues but also strategically enhance its global data protection and compliance management, ensuring more stable and compliant business operations in the…
Asia-Pacific Cloud Services Trends
Google Pixel’s new series set to launch
OUR TAKEGoogle’s Pixel devices have increasingly asserted their dominance, emerging as the top Android brand in Japan and making notable inroads in North America and Australia. The upcoming Pixel 9 series exemplifies this progress with its advanced hardware and photography…
Global Cloud Services Trends
Mind-reading helmets are now a thing – should we be scared?
OUR TAKE In the X-Men series, Professor Charles’ ability to read minds is often the key to the main characters’ fight and survival. He reads other people’s minds to gain important intelligence on the battlefield, including enemy plans and intentions, which allows the X-Men to…
Asia-Pacific Institutional Trends
Eve unveils ‘flying taxi’ prototype with funding coverage until 2027
Eve has unveiled its full-scale “flying taxi” prototype, an electric vertical take-off and landing aircraft set to reshape urban travel. Eve has secured substantial investments and loans, guaranteeing its financial stability and progression towards certification for the eVTOL…
Global Cloud Services Trends
Oracle settles $115M privacy lawsuit over data collection
Oracle has agreed to a $115 million settlement over allegations it illegally collected and sold personal data, creating unauthorized “digital dossiers” on millions of people.
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