Other News

AI and economics will drive growth and change in IaaS

AI and economics will drive growth and change in IaaS

2024 was a good year for hyperscalers and cloud providers who capitalized on their clients’ need for access to more processing and storage due to escalating growth in data volumes.  The hyperscalers continued to expand their solution portfolios, creating in some cases almost unfathomably vast catalogues. While some businesses opt to repatriate some workloads to private or on-premise environments for […]

Read more ›
The number of ransomware victims increased by 26% in 2024

The number of ransomware victims increased by 26% in 2024

According to Cybernews tool Ransomlooker’s data, nearly 5,300 ransomware victims were reported last year, a whopping 26% increase from the previous year. Ransomware operators continue to prove their uncanny versatility, even though 2024 was marked by significant and far-reaching attempts from law enforcement to curb attacker activity. Ransomlooker’s top attackers Interestingly, LockBit, pronounced dead after the highly publicized operation Cronos […]

Read more ›
IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

IBM (NYSE: IBM) and L’Oréal, the world’s leading beauty company, announced a collaboration to leverage IBM’s generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L’Oréal’s use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the ability […]

Read more ›
AI Market Set to Grow 2.5 Times Faster Than Cloud Computing and 6 Times Faster Than Robotics by 2030

AI Market Set to Grow 2.5 Times Faster Than Cloud Computing and 6 Times Faster Than Robotics by 2030

Artificial intelligence has been the leading technology for the past two years, driving innovation, setting new standards, and fueling the tech industry’s impressive growth. That hasn’t changed in 2025, with AI remaining the most critical sector, followed by cloud computing and robotics. While all three markets continue shaping the tech industry, their growth rates vary significantly, with AI pulling far […]

Read more ›
AI to change and complicate the game

AI to change and complicate the game

In the coming year expects social engineering, regulatory compliance, and the need to streamline security infrastructure management to lead to shifts in the sector With every innovation that a legitimate developer creates, threat actors can and will weaponize. Despite advances in security technology, the threat environment will continue to be complex and challenging for enterprises in 2025. AI can be […]

Read more ›
Hedge funds admit they spend too much time on spreadsheets

Hedge funds admit they spend too much time on spreadsheets

The study by Beacon Platform Inc. with 100 hedge fund executives in the US, UK, Germany, Switzerland, France, Italy, Sweden, Norway, and Asia responsible for a collective $901 billion assets under management, found that 73% say their fund or department is wasting time with manual or spreadsheet-based portfolio analytics and optimisation. Hedge funds, risk management, and spreadsheets by the numbers […]

Read more ›
Principal33, software development company founded in Romania, reports a 20.3M Euro revenue in 2024

Principal33, software development company founded in Romania, reports a 20.3M Euro revenue in 2024

Principal33, an European software development company founded in Romania, ended 2024 with 20.3 million Euro in revenue driven by its Romanian operations. The company operates from three offices in Romania – Cluj-Napoca, Brașov and Târgu Mureș, and delivers services to clients in Germany, Spain and Ireland. The company employs more than 250 IT professionals across Europe and Romania largely accounts […]

Read more ›
9 More Predictions for 2025. And how you can protect yourself against a forecast of volatile threats

9 More Predictions for 2025. And how you can protect yourself against a forecast of volatile threats

On Dec. 17, the Symantec Threat Hunter Team’s Principal Editor Dick O’Brien distilled a year’s worth of first-hand cyberattack investigations into five top predictions that signal what the cybersecurity industry can expect to face in 2025. The predictions point to an uptick in Russian cyber aggression, a growing ransomware ecosystem, attackers targeting once-trusted cloud platforms, even more Living Off the […]

Read more ›
Technologies That Will Redefine Digitalization

Technologies That Will Redefine Digitalization

January is the month for making predictions for the new year, but let’s be honest, it’s hard to be a prophet in the tech world, where changes happen quickly and often unpredictably. That’s why we looked at what major analysis and media companies, such as Gartner, Deloitte, and Forbes, have to say to outline an overview of the directions that […]

Read more ›
Google should increase uptake of its Workspace platform with free AI

Google should increase uptake of its Workspace platform with free AI

Google has elevated its Workspace platform by offering AI capabilities for free to subscribers of Workspace Business and Enterprise plans. Previously, plan subscribers could purchase an add-on of AI features ranging from $20 to $30 per user per month. The list of capabilities includes the Gemini assistant within Google Workspace apps; the Gemini standalone app; and the NotebookLM Plus research […]

Read more ›
World Economic Forum recognizes Schneider Electric’s Wuxi, China factory as a Sustainability Lighthouse

World Economic Forum recognizes Schneider Electric’s Wuxi, China factory as a Sustainability Lighthouse

Schneider Electric announced that its Wuxi factory in China has been recognized by the World Economic Forum as a Sustainability Lighthouse.   Designated an Advanced Lighthouse in 2021, this latest recognition for Wuxi specifically acknowledges the factory’s advanced solutions to reduce its environmental impact. Schneider Electric now has the highest number of Sustainability Lighthouses of any company with four of […]

Read more ›
Naoris Protocol Announces Partnership with Alpaca Network: Elevating AI and Blockchain Security

Naoris Protocol Announces Partnership with Alpaca Network: Elevating AI and Blockchain Security

Naoris Protocol announce a strategic partnership with Alpaca Network, a decentralized hub for AI innovation and monetization. This collaboration unites Naoris Protocol’s cutting-edge post-quantum powered decentralized cybersecurity solutions with Alpaca Network’s thriving ecosystem of AI tools, services, and decentralized applications. Overview of the Partnership Alpaca Network empowers AI developers and users by providing a platform to showcase, monetize, and deploy […]

Read more ›