All articles by Refna Tharayil
Refna Tharayil
Atos revises financial projections amid challenging business environment
The company has revised its 2024 group revenue forecast to €9.7bn, a slight decrease from the earlier estimate of €9.8bn.
Intel CEO to unveil cost-cutting plan to board, considering divestitures
The plan is anticipated to include the divestiture of non-essential business units and adjustments to capital expenditure as part of efforts to regain the chipmaker’s previous market leadership.
NIST signs AI model evaluation deals with OpenAI and Anthropic
The agreements provide the US AI Safety Institute with access to significant new AI models from both companies, both prior to and following their public release.
Dell Technologies boosts forecasts amid rising demand for AI servers
The company’s Infrastructure Solutions Group, which includes Nvidia-powered servers, saw a 38% revenue increase to $11.65bn in Q2, driven by growing demand for AI-capable systems.
Google’s Dublin data centre blocked amid energy usage concerns
The decision comes as the Irish electricity grid faces mounting pressure as power-intensive data centres, which are crucial for enabling cloud services and AI, continue to proliferate.
US government commits up to $50m to fund HP microfluidics semiconductor fab
The Corvallis semiconductor fab is a key part of HP’s “lab-to-fab” ecosystem, which encompasses activities ranging from research and development to commercial manufacturing operations.
Cyberattacks on CNI surge by 30% in 2024, study reveals
The report by KnowBe4 details the significant rise in attacks on essential sectors – with the US power grid providing especially vulnerable.
Patelco Credit Union confirms data breach affecting 726,000 customers
The data breach forced the shutdown of customer-facing banking systems for nearly two weeks as the credit union worked to contain the damage and restore functionality.
Qualcomm to acquire Sequans’ 4G IoT technologies in $200m deal
The acquisition will enable Qualcomm to enhance its industrial IoT offerings, thereby bolstering its capabilities and establishing a stronger leadership position in the market.
British High Commission Islamabad unveils new eVisa system for UK immigration
The change replaces traditional physical immigration documents, such as Biometric Residence Permits, passport vignette stickers, and ‘wet ink stamps,’ with a new online eVisa system.