All articles by Swagath Bandhakavi
Swagath Bandhakavi
Infineon resolves decade-long Qimonda dispute with €753.5m settlement
This settlement by the German semiconductor giant concludes a legal battle that has persisted since 2010, following the financial collapse of Qimonda in 2009 due to a major downturn in chip prices.
Majority of APAC employees prefer hybrid work, citing productivity gains
The Zoom survey collected data from over 600 IT and C-suite leaders, as well as nearly 1,900 knowledge workers worldwide, including 604 participants from the APAC region.
Critical security WordPress plugin risks five million sites
The vulnerability in the Litespeed Cache plugin allows attackers to exploit the inadequately secured role simulation feature to impersonate administrators and gain full control of affected sites.
Microsoft realigns business unit reports to enhance AI investment clarity
Redmond’s restructuring shifts revenue from search and news advertising to its Azure cloud-computing division, aligning these services with the company’s AI strategy.
Microchip Technology reports cyber incident affecting multiple facilities
The incident has led to reduced operational capacity at several of the company’s manufacturing facilities, impacting its ability to meet customer orders.
ESMC begins construction of €10bn semiconductor fab in Dresden, Germany
The Dresden semiconductor fab is backed by a €5bn German measure approved by the EC under EU State aid rules.
Survey finds 72% of US executives targeted by cybercriminals in past three months
The study by GetApp also revealed that over a third of companies surveyed lacked specialised cybersecurity training for senior executives, creating a significant gap in their security defences.
Nvidia unveils AI model StormCast for advanced weather prediction
The new model is expected to enhance weather prediction at the mesoscale, a scale larger than storms but smaller than cyclones, which is crucial for disaster planning and mitigation.
Startup failures surge by 58% in US during 2024 amid funding crunch
New data suggests startup shutdowns have sharply escalated over the past two years amid inflation and a drought in VC investment.
National Public Data admits major data breach of personal information
The breach, believed to have been executed by a third-party malicious actor in late December 2023, potentially led to further data exposures in April 2024 and the subsequent summer months.