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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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North America Cloud Services Trends
Huawei posts 9.63% rebound in sales for 2023
Huawei Technologies reported a rebound in sales growth in 2023, with revenues rising 9.63% to 704.2 billion yuan (US$97 billion) in 2023, boosted by its high-end 5G products in the Mate 60 series. Profit of the year Net profit for the year was 87 billion yuan, up 144.5%…
Europe and Middle East Cloud Services Trends
Top tech news stories today: March 29, 2024
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud, MoneyGram teams up with Saudi fintech barraq and other tech news.
Global Datacenter Trends
Six-fold surge in Data Centre power consumption over next decade
The National Grid has projected that the flourishment of AI and quantum computing will lead to a possible six-fold increase in energy use, marking a pivotal moment for transformation. Rising energy demand and grid transformation The National Grid anticipates a surge in energy…
Global Cloud Services Trends
Future PCs will run Microsoft’s Copilot AI locally, says Intel
Microsoft’s Copilot AI could soon run locally on PCs, using neural processing units capable of exceeding 40 trillion operations per second (TOPS). Intel expects these AI-enabled PCs to handle more elements of Copilot directly, potentially boosting performance and privacy by…
Europe and Middle East Cloud Services Trends
Using virtual reality to help Parkinson’s patients
Parkinson’s UK is promoting the use of virtual reality headsets to alleviate symptoms of the condition, including tremors, balance issues, and slow and stiff movements, by stimulating the body with adrenaline and dopamine. Jumping back in time Retired lecturer Keith Wilson, who…
Global Cloud Services Trends
Web3 ad service Everyworld reaches 225K users within a month
Everywolrd, an ad service launched by Web3 obtains over 225K users in a month, even though still in the testing stage. About Everyworld Web3 advertising service platform Everyworld has reached a total user of 225,000 as of March 28. According to a press release from Everyworld…
Global Cloud Services Trends
Westpac announces multibillion tech innovation
Australian bank Westpac is planning to spend billions of dollars over the next four years to simplify its technology infrastructure. About the project Westpac has pledged to devote 30% of its annual budget for the next four years to upgrading its tech. The move is part of Project…
Europe and Middle East Cloud Services Trends
MoneyGram collaborates with Saudi fintech barraq
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a global financial technology company that connects the world’s communities, announced a strategic partnership with the innovative financial technology app barraq. The partnership makes the global remittance easier…
Global Cloud Services Trends
Sam Bankman-Fried faces a maximum sentence of over 100 years
Four months after the conviction of Sam Bankman-Fried’s all seven crimes, he will know the final sentence soon. A letter about FXT fraud appears to the Department of Justice In a letter to the Department of Justice, a Futures Exchange (FTX) customer who lost $4 million when the…
Africa Cloud Services Trends
Fighting Back Against Internet Shutdowns in Zimbabwe
OUR TAKE:Governments often mistakenly believe that shutting down the Internet can quell unrest, stop the spread of misinformation, reduce the harm of cybersecurity threats, or, as in the case of exam-related shutdowns in Algeria and Iraq, curb cheating.But shutdowns are highly…
Global Cloud Services Trends
LinkedIn launches a TikTok-like video feed
New feature alert LinkedIn is in the process of trialing a new feature resembling the short-form video functionality of TikTok, the company confirmed to TechCrunch on Wednesday. This latest experiment sees LinkedIn join the ranks of numerous other mainstream apps that have…
Global Cloud Services Trends
Short sellers target Reddit shares as stock slips
Data from analytics company Ortex on Wednesday showed shares of the social media forum Reddit have attracted a large number of short-selling bets on the site in the first few days after its IPO. Reddit’s stock sells out in bulk Based on 2.15 million Reddit shares out on loan, at…
Global Cloud Services Trends
BlackRock’s ETF surges over $17B surprising its CEO
BlackRock’s CEO Larry Fink says he’s been “pleasantly surprised” at the level of retail demand for his firm’s spot Bitcoin ETF. BlackRock CEO ’very bullish’ on Bitcoin BlackRock CEO Larry Fink has been “pleasantly surprised” by the performance of his firm’s spot bitcoin ETF and…
Global Cloud Services Trends
HSB launches Cyber for Auto to cover car and truck cyber threats
HSB, a Munich Re subsidiary, has unveiled Cyber for Auto, a new coverage tailored to protect against cyber threats targeting personal cars and trucks. Cyber threats targeting personal cars and trucks increased The coverage has been designed to address the escalating threat of…
Global Cloud Services Trends
Binarly secures $10.5m to bolster software supply chain security efforts
Binarly, an LA-based startup with a focus on firmware and software supply chain security, has secured $10.5m in venture capital funding. Binarly renowned itself within the vulnerability research field Binarly’s core business is pioneering the development of an AI-driven solution…
Global Cloud Services Trends
Valeo embraces Google Cloud and AI to drive automotive innovation
French auto parts manufacturer Valeo announced on Thursday its strategic decision to increase its utilisation of advanced AI technologies.
North America Cloud Services Trends
Amazon loses court case to suspend EU tech rules’ ad clause
On March 27 in Brussels, Amazon sided with EU regulators at Europe’s highest court, saying the EU’s interests outweighed the US online retailer’s material interests. It lost its battle to get a stay on EU tech regulations for its online advertising requirements. Why CJEU rejected…
Asia-Pacific Cloud Services Trends
Xiaomi enters EV market amid China auto industry challenges
Xiaomi’s foray into Electric Vehicles On Thursday, China’s Xiaomi is slated to unveil its highly awaited electric vehicle (EV), disclose its pricing, and commence order intake, signifying the electronics firm’s foray into the automotive realm. Xiaomi CEO teases price on upcoming…
Global Cloud Services Trends
Amazon adds $2.75 billion investment to AI company Anthropic
Amazon injects $2.75 billion into Anthropic, leveraging its Trainium and Inferentia chips to advance generative AI on AWS cloud.
Global Cloud Services Trends
GLAAD report says Meta allows anti-trans hate to ‘flourish’ on its platforms
GLAAD’s report exposes Meta’s failure to curb anti-transgender posts, raising concerns over LGBTQ+ safety on its platforms.
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