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23 Jul 2024

Global IaaS Public Cloud Services Market Surges 16.2% in 2023, Reaching $140 Billion

Gartner reports significant growth in the worldwide Infrastructure as a Service (IaaS) public cloud services market, with revenue reaching $140 billion in 2023. The market shows resilience and continued expansion despite economic challenges.

2 Sources

AI Self-Regulation: Progress and Challenges in the Tech Industry

An examination of the current state of AI self-regulation in the tech industry, highlighting the efforts made by major companies and the ongoing challenges faced in establishing effective oversight.

2 Sources

Cybersecurity Firm Wiz Terminates $23 Billion Deal with Google

Wiz, a cloud security startup, has walked away from a $23 billion acquisition deal with Google. The decision comes after months of negotiations and highlights the complexities in big tech acquisitions.

4 Sources

Top Tech Stocks to Buy and Hold for Long-Term Growth

Analysts recommend several tech stocks for investors looking to capitalize on long-term growth opportunities in the technology sector. These companies show strong potential in areas such as artificial intelligence, cloud computing, and digital advertising.

4 Sources

Nubia Unveils Z60 Ultra Leading Version: A Mid-Year Refresh with Cutting-Edge Features

Nubia has launched the Z60 Ultra Leading Version, a mid-year refresh of its flagship smartphone. The device boasts impressive camera capabilities, a powerful processor, and a sleek design, positioning itself as a strong competitor in the high-end smartphone market.

5 Sources

Dutch Firms Reevaluate Cloud Infrastructure Strategies Amid Economic Challenges

A new ISG report reveals that Dutch companies are reassessing their cloud infrastructure approaches due to economic pressures and the need for cost optimization. The shift includes exploring multi-cloud strategies and focusing on sustainability.

2 Sources

Cybersecurity Startup Wiz Rejects Google's $23 Billion Acquisition Offer, Aims for IPO

Wiz, a rapidly growing cybersecurity startup, has turned down Google's $23 billion acquisition offer, opting instead to pursue an initial public offering (IPO). The decision marks a significant moment in the tech industry and highlights Wiz's ambitious growth plans.

14 Sources

Congressional Oversight Intensifies as CrowdStrike CEO Summoned to Testify on Global Outages

CrowdStrike CEO George Kurtz faces congressional scrutiny over recent global outages. The House Committee on Oversight and Accountability demands answers on the incident's impact and cybersecurity implications.

3 Sources

Apple's iPhone 16: A New Era of AI Integration

Apple's upcoming iPhone 16 is set to revolutionize the smartphone industry with its advanced AI features. The integration of the A18 chip and "Apple Intelligence" promises to enhance user experience across all iPhone models, including entry-level variants.

6 Sources

Nidec Corporation Revises Financial Forecasts Upward for Fiscal Year 2025

Nidec Corporation has announced an upward revision of its consolidated financial forecasts for the fiscal first half and full year ending March 31, 2025. The company cites improved profitability and increased demand in key business segments as reasons for the positive outlook.

2 Sources

FTSE 100 Fluctuates Amid Mixed Earnings and Global Economic Factors

The FTSE 100 index experiences volatility as companies report mixed earnings results. While some sectors struggle, others show resilience, reflecting the complex economic landscape in the UK and globally.

6 Sources

Investors Seek Portfolio Protection Amid Cracks in US Stock Market Calm

Recent market volatility and concerns about economic growth have led investors to seek protection for their portfolios. The demand for hedging strategies has increased as the calm in US stocks shows signs of cracking.

2 Sources

Tesla and Mobileye: Shifting Landscapes in the Autonomous Driving Industry

Tesla faces a downgrade ahead of Q2 earnings, while Mobileye shows strong momentum in autonomous driving despite lingering risks. Both companies navigate challenges in the evolving automotive tech sector.

2 Sources

Google's Q2 Earnings Beat Expectations, But Stock Falls: Analyzing the Paradox

Google's parent company Alphabet reported strong Q2 earnings, surpassing analyst expectations. However, the stock price fell despite the positive results, leaving investors and analysts puzzled.

10 Sources

Telenor Denmark Partners with CSG to Revolutionize Digital Services

Telenor Denmark has chosen CSG to enhance its digital services and lead wireless innovation. This partnership aims to transform customer experiences and streamline operations in the telecommunications sector.

3 Sources

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