All articles by Swagath Bandhakavi
Swagath Bandhakavi
FTC ends legal challenge against Microsoft’s $69bn Activision Blizzard acquisition
The FTC decided to drop the case following the dismissal of its appeal for a preliminary injunction, concluding that continuing the challenge against the already completed acquisition would not align with public interest objectives.
Third-party vendors responsible for 41.8% of fintech data breaches, survey claims
Although fintech companies achieved the top security scores across industries, with a median of 90 and 55.6% receiving an “A” rating, they remain vulnerable to cyber threats.
NCSC and partners reveal Russian cyber campaign against NATO member states
The offensive targeted organisations within the defence, IT services, maritime logistics, airports, ports, and air traffic management sectors in several NATO countries.
UK tech unicorn Builder.ai files for insolvency following revenue restatement
Builder.ai informed employees of its bankruptcy filing plans during a company-wide call.
Foxconn to invest $1.5bn in India to support Apple’s diversification strategy
The investment is expected to support Apple’s broader strategy to diversify its iPhone manufacturing operations outside of China, now heavily impacted by US tariffs.
O2 UK fixes VoLTE security issue identified by cybersecurity researcher
The cybersecurity researcher uncovered the vulnerability during an analysis of call traffic, finding that signalling messages, especially SIP Headers, contained an overabundance of information.
Microsoft to host AI models from Meta, xAI, and others in own data centres
Redmond announced a strategic shift in its AI approach at the Build conference, aiming to offer its models the same reliability guarantees as those hosted for OpenAI.
Nearly half of tech firms now implementing agentic AI, survey finds
A key insight from EY US’s survey reveals that agentic AI is shifting from experimental to essential, with 43% of increased AI budgets allocated primarily to these initiatives.
Atos unveils four-year plan focusing on AI and digital solutions
The French IT services company’s strategy centres on becoming a global AI-driven technology partner, unifying its assets into two brands to deliver secure digital solutions focused on high-growth activities.
Microsoft announces another round of layoffs, cutting 6,000 positions
The workforce reduction will impact employees across different levels and departments globally, as part of a strategic organisational overhaul.