Global Cloud Services Trends
Global Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure worldwide, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Global Cloud Services Trends
Checkout.com cuts 230 jobs due to revenue decline and client loss
Checkout.com has laid off 230 employees and seen its valuation drop by 75% due to revenue losses and the end of its partnership with Binance
Global Cloud Services Trends
Employer.com acquires Bench Accounting to expand its offerings
What happened: Bench Accounting joins forces with Employer.com On 2nd January 2025, Employer.com, a San Francisco-based start-up, announced its acquisition of Canadian fintech Bench Accounting for an undisclosed sum. Founded in 2012, Bench offers bookkeeping, tax filing, and…
Global Cloud Services Trends
POET Technologies acquires SPX for $6.5m
What happened: POET Technologies completes Google Pay merger POET Technologies has acquired its former joint venture partner, Super Photonics Integrated Circuit Xiamen Co (SPX), for $6.5 million. The deal gives POET full control of SPX’s operations, including its optical engine…
Global Cloud Services Trends
What is AI technology?
Artificial Intelligence (AI) technology is one of the most transformative forces in the digital age, reshaping industries, economies, and daily life. From self-driving cars to personalized recommendations on streaming platforms, AI technology is at the forefront of innovation. In…
Global Cloud Services Trends
Tekno train lights up vivid Sydney with immersive experiences
Revolutionising train journeys with Tekno train Tekno Train, an extraordinary feature of Vivid Sydney 2024, offers an unparalleled fusion of sound, lighting, and movement aboard a commuter train. The project, powered by Red Globe Productions, showcases innovative technology and…
Global Cloud Services Trends
Top tech news today: January 3, 2025
Tech News Roundup 1. Wefox closes €170M refinancing deal Wefox, a European insurtech leader, has successfully closed a €170 million refinancing deal to support its growth in the insurance market. Source 2. Regnology secures investment for global expansion Regnology has received a…
Global Cloud Services Trends
Public Cloud and Generative AI boost data security needs
What happened: The growing importance of data security in cloud adoption As organisations increasingly migrate to public cloud environments and adopt generative AI technologies, the demand for Data Security Posture Management (DSPM) solutions has surged. A significant challenge…
Global Cloud Services Trends
XRP climbs 11%, while a rival skyrockets past expectations
What happened: XRP leads growth in ledger milestones XRP has experienced a significant surge, rising by over 11% within the past 24 hours, making it one of the best-performing cryptocurrencies at the start of 2025. This surge follows a strong performance in the fourth quarter of…
Global Cloud Services Trends
Bitcoin retreats from festive highs, risks dropping below $90,000
What happened: Bitcoin pullback amid profit-taking pressure Bitcoin (BTC) has recently pulled back from its festive highs, trading dangerously close to the $90,000 mark. Following a modest rally during the Christmas period, profit-taking has exerted downward pressure on the…
Global Cloud Services Trends
Microsoft Edge claims big stats but lags in market share
What happened: Microsoft Edge struggles despite big claims Microsoft Edge has made headlines by touting impressive statistics, such as over 10 billion AI-powered chats and significant memory savings through its sleeping tabs feature. However, these claims come amid stagnating…
Global Cloud Services Trends
Crypto gaming’s breakout year: Telegram and ‘Off the Grid’ shine
What happened: Telegram games and ‘Off the Grid’ redefine crypto gaming in 2024 2024 proved to be a game-changing year for crypto gaming, with Telegram-based clicker games and the release of the AAA title Off the Grid leading the charge. Telegram’s simple yet engaging clicker…
Global Cloud Services Trends
Steno research predicts 2025 as the best year for crypto
What happened: Steno Research predicts 2025 will be crypto’s breakout year Steno Research, a leading analytics firm, has predicted that 2025 will be a historic year for the cryptocurrency market. In its latest report, the firm highlights a convergence of factors poised to elevate…
Global Cloud Services Trends
What is private credit?
Private credit has been rapidly gaining attention as an alternative investment class, drawing interest from institutional investors, high-net-worth individuals, and even retail investors looking to diversify their portfolios. But what exactly is private credit, and why has it…
Global Cloud Services Trends
Top tech news today: January 2, 2025
Tech News Roundup 1. Bitcoin price predictions for 2025 Experts predict Bitcoin could reach significant milestones in 2025, with potential gains as the market stabilizes post-2024 volatility. Source 2. Parafi aims to be public utility provider Parafi plans to transform into a…
Global Cloud Services Trends
Cardano (ADA) struggles as price nears key support at $0.859
What happened: Cardano (ADA) struggles near $0.859 Cardano (ADA) faces significant challenges as its price declines by 20% over the past month, highlighting increasing bearish momentum in the market. The Average Directional Index (ADX) has risen from 12.85 to 19.65, indicating a…
Global Cloud Services Trends
Microstrategy continues Bitcoin buying spree, adds $209M
Microstrategy continues its Bitcoin buying spree with a $209M acquisition, cementing its status as the largest corporate BTC holder.
Global Cloud Services Trends
What is blockchain technology?
Blockchain technology has emerged as one of the most revolutionary innovations of the 21st century. From cryptocurrency to supply chain management, its potential applications span across various industries. But what exactly is blockchain technology, and why is it creating such a…
Global Cloud Services Trends
CFPB sues banks over $870m lost to Zelle fraud
What happened: CFPB sues banks over Zelle fraud The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against Early Warning Services, the operator of Zelle, along with major banks like Bank of America, JPMorgan Chase, and Wells Fargo. This action stems from…
Global Cloud Services Trends
OpenAI plans transition to public benefit corporation
What happened: OpenAI outlines transition to public benefit corporation OpenAI is planning to convert its for-profit arm into a Delaware Public Benefit Corporation (PBC), a move it announced in a blog post on Friday. This transformation aims to balance profitability with societal…
Global Cloud Services Trends
Tether bolsters bitcoin reserves with $700 million transfer
What happened: Tether transfers $700 million worth of Bitcoin to reserves Tether, the company behind the USDT stablecoin, added 7,629 BTC worth approximately $700 million to its Bitcoin reserve. This transaction, the largest since March 2024, originated from Bitfinex’s hot wallet…