All articles by Swagath Bandhakavi
Swagath Bandhakavi
CrowdStrike lowers forecasts as Windows outage hampers new deals
The cybersecurity company now expects its annual revenue to range from $3.89bn to $3.9bn, lowered from its earlier forecast of $3.98bn to $4.01bn.
Cybercrime and sabotage cost German companies €267bn in past year
According to IT industry association Bitkom, that financial penalty marks a 29% increase on losses recorded in 2023.
Nvidia shares slump despite 168% increase in second-quarter net income
The sharp increase in Nvidia’s net income and revenue is largely fuelled by growing demand for its data centre offerings and accelerated computing technologies.
Data and risk issues undermine generative AI expansion, Deloitte study reveals
Despite this, Deloitte’s investigation reveals that corporate investment in generative AI is still rising.
98% of organisations attacked by bots report revenue losses, says report
The report from Kasada also found that organisations lost over 5% of their revenue due to account fraud and web scraping.
Almost half of energy firms plan to accelerate AI adoption by next year
The survey by DNV also found a growing divide between so-called ‘digital leaders’ and ‘digital laggards’ slow to invest in decarbonisation technology.
ISG study finds decline in AI and automation satisfaction amid outsourcing surge
The report from ISG reveals increasing dissatisfaction among enterprises with AI and automation services, even as these technologies see greater adoption in outsourcing agreements.
Summit Partners and Vista Equity consider $2bn sale of Trintech
Trintech specialises in the delivery of cloud-based financial software solutions.
AI adoption grows among Indian white-collar workers, with 55% using AI tools
The study by IIMA’s CDSA and the Wadhwani Foundation highlights the rapid adoption of AI across India’s industries, examining its awareness, usage, and impact among white-collar workers.
Port of Seattle reports possible cyberattack, disrupting systems at Sea-Tac Airport
The incident, which started on the morning of 24 August 2024, caused outages that disrupted several critical systems at the airport, including its websites and phone services.