All articles by Aninda Chakraborty
Cartier hit by data breach as cyberattacks on fashion brands surge
The data breach, which exposed some customer personal information, is the latest in a spate of cyberattacks targeting retailers.
Synopsys suspends China operations amid new US export restrictions
Synopsys, alongside Cadence and Siemens EDA, controls over 70% of China’s electronic design automation (EDA) market.
Google plans to appeal against antitrust ruling on search monopoly
Google plans to appeal a federal antitrust decision concerning its search monopoly, as US District Judge Amit Mehta considers less aggressive measures than those proposed by regulators.
Victoria’s Secret faces cyber incident amid rising breaches on retailers
The cyber incident has disrupted the fashion retailer’s online shopping platform and some store services.
HP revises annual earnings forecast amid tariff challenges
HP revised its annual profit forecast in view of continuing uncertainty in the market surrounding US tariffs.
Salesforce to acquire Informatica for $8bn to advance AI data capabilities
Salesforce said the acquisition will bolster its agentic AI capabilities by allowing it to absorb Informatica’s advanced data management solutions.
US investigates Builder.ai over alleged financial misreporting
Before entering insolvency, Builder.ai was issued subpoenas by US prosecutors, a move that typically signals a request for information as part of a broader investigation into the company’s financial practices.
TCS launches internal inquiry into Marks & Spencer cybersecurity breach
The report that Tata Consultancy Services, which is serving as Marks & Spencer’s principal technology partner since 2018, initiated the internal investigation comes after the retailer’s CEO Stuart Machin’s assertion that the incident was due to ‘human error’.
Data centres face rising energy use from AI systems, finds new research
Last year, data centres, excluding those used for cryptocurrency mining, consumed approximately 415TWh of electricity, with AI systems already accounting for about 20% of this total.
Marks & Spencer faces £300m impact on profit from cyberattack
The retailer plans to mitigate the financial blow through cost management, insurance coverage, and additional trading strategies, with related expenses categorised as a separate adjusting item.