All articles by Swagath Bandhakavi
Swagath Bandhakavi
Equinox faces cybersecurity breach impacting client and staff health data
The company says it has engaged forensic cybersecurity specialists, who discovered that an unauthorised party had accessed and potentially acquired files from the company’s systems.
CISA adds two more vulnerabilities in Palo Alto Networks tools to exploited catalogue
The agency has flagged two actively exploited vulnerabilities, CVE-2024-9463 and CVE-2024-9465, and directed federal agencies to address them by 5 December 2024 under BOD 22-01.
Applied Materials reports $7.05bn Q4 revenue, forecasts weaker demand outside AI chips
The company projects Q1 FY2025 revenue of $7.15bn, which is a 7% year-over-year growth, but falls slightly short of Wall Street’s $7.22bn expectation.
AWS launches free access to Trainium chips to boost AI research
The cloud computing division of Amazon is making this move to enhance the performance and capabilities of its Trainium chip, positioning it as a direct competitor to the solutions provided by Nvidia, AMD, and Alphabet.
88% of business leaders will increase IT investments in sustainability, reveals survey
The IBM-sponsored ‘State of Sustainability Readiness 2024’ report is based on a survey of 2,790 business leaders across 15 industries and nine countries.
40% of AI data centres to face power constraints by 2027
Gartner reports that the rise of AI and generative AI technologies is driving power demands, putting significant pressure on data centres and potentially impacting efficiency and expansion.
Global companies urged to embrace AI to reach net zero targets
Accenture’s latest “Destination Net Zero” report examines the net zero commitments, emissions data, and carbon reduction efforts of the world’s 2,000 largest corporations.
DSIT secretary confirms UK to legislate on AI risks in 2025
The government’s intention to establish a legal framework for its current AI regulations was revealed by Peter Kyle during the Financial Times’ Future of AI summit.
Supermicro shares drop 17% amid delays in annual results and weak guidance
The share price crash follows the resignation of its auditor, EY, over concerns about corporate governance at the server provider.
Nokia launches investigation into alleged source code theft
The relevant threat actor alleges that they acquired sensitive data, which includes Nokia’s proprietary software and security keys, by breaching the server of a third-party vendor.