All articles by Swagath Bandhakavi
Swagath Bandhakavi
Wolfspeed to file for bankruptcy as part of major restructuring plan
The North Carolina-based company has reached an agreement with its creditors to reduce its $6.5bn debt by around 70%, resulting in a decrease of approximately $4.6bn.
Accenture plans AI-focused reorganisation following booking slump
The gloomy news has triggered a new round of restructuring at the technology consulting giant.
Emerging markets to drive European data centre growth with efficient grid connections, says think tank
Insights from Ember indicate that data centre demand in the Nordics and southern Europe is projected to rise by 110% by 2030.
EU court adviser backs antitrust ruling against Google in ongoing legal battle
The case originates from a 2018 ruling by the EC which fined Google for purportedly leveraging its Android system to hinder competition.
Swiss banks UBS and Pictet impacted by third-party data breach
Chain IQ, a procurement solutions provider based in Switzerland, has confirmed it was among 19 companies targeted by hackers.
Microsoft prepares major job cuts targeting sales amid AI investments
The upcoming job cuts, anticipated early next month, will primarily target sales teams but will extend to other areas as well.
Data breach at alternative email hosting service exposes user records of over one million accounts
The breach at Cock.li took advantage of vulnerabilities in the outdated Roundcube webmail platform.
US appeals court orders new trial in Apple vs Optis patent dispute
The Federal Circuit ordered a retrial after finding that flawed jury instructions improperly combined multiple patent claims, potentially affecting Apple’s right to distinct verdicts.
Survey reveals 98% of CISOs anticipate increased cyberattacks within three years
CSC’s survey reveals that 87% of CISOs see AI-powered DGAs as a direct threat, while 97% are concerned about third-party AI data access.
OpenAI contemplates antitrust review of Microsoft’s partnership terms
The rumoured split between the ChatGPT creator and Redmond would mark a major deterioration in relations between the two firms as the former contemplates an IPO.