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Cloud

AWS users waste billions by forgoing discount plans, report says

By Paul Gillin Jan 25, 2024

More than half of organizations that use the Amazon Web Services Inc. cloud don’t take advantage of savings plans, collectively wasting up to $20 billion annually in cloud spending, according to a new study by…

Apps

Microsoft lays off 1,900 Activision Blizzard and Xbox employees

By Kyt Dotson Jan 25, 2024

Microsoft Corp. is laying off 1,900 workers, or about 9% of its gaming division’s 22,000 headcount, according to a memo obtained by The Verge. A majority of those affected will come from Activision Blizzard…

AI

Rapid growth in AI and cloud topics evident in latest O’Reilly annual report

By Duncan Riley Jan 25, 2024

A new report released today by O’Reilly Media Inc. finds, not surprisingly, that there was an unprecedented surge of interest in generative artificial intelligence in 2023, based on usage metrics from the O’Reilly Learning Platform. Last year,…

AI

MLCommons aims to become the gold standard for measuring AI performance on PCs

By Mike Wheatley Jan 24, 2024

MLCommons, the nonprofit entity that’s best known for its artificial intelligence performance benchmarks, said today it is forming a new MLPerf Client working group. The aim of the group is to establish benchmarks to…

Cloud

Box snaps up enterprise content management startup Crooze

By Mike Wheatley Jan 24, 2024

Cloud content management company Box Inc. said today it has acquired the document automation and content services startup Crooze Corp. in order to offer its customers more tools for managing enterprise documents. Box revealed…

AI

Software and consulting anchor strong IBM financial results

By Paul Gillin Jan 24, 2024

A resurgent IBM Corp. reported revenue and earnings in the fourth quarter that beat analyst projections, propelled by accelerating demand for artificial intelligence in general and generative AI in particular. The company also reaffirmed…

Emerging Tech

Tesla shares drop on missed earnings and revenue in fourth quarter

By Duncan Riley Jan 24, 2024

Shares in Tesla Inc. dropped by over 4% in late trading after the electric car maker missed on both earnings per share and revenue in the fourth quarter. For the quarter that ended Dec.…

Security

HPE compromised by same Russian group behind SolarWinds and Microsoft hacks

By Duncan Riley Jan 24, 2024

Hewlett Packard Enterprise Co. is the latest company to be targeted by a Russian-linked hacking group, with a small percentage of mailboxes belonging to people who work in the company’s cybersecurity and other departments…

AI

Dutch startup Send AI raises $2.39M from Google and Keen Venture Partners

By Duncan Riley Jan 24, 2024

Dutch artificial intelligence startup Send AI Inc. has raised €2.2 million ($2.39 million) from Gradient Ventures LLC, Google LLC’s AI fund and Dutch firm Keen Venture Partners LP to accelerate the development of its AI…

Cloud

ServiceNow beats guidance on all metrics as generative AI powers strong growth

By Mike Wheatley Jan 24, 2024

Workflow software company ServiceNow Inc. posted stellar fourth-quarter results today, while its guidance for the first quarter and full year came in well ahead of estimates. Officials said the strong results were driven at…

all stories

Microsoft lays off 1,900 Activision Blizzard and Xbox employees

Rapid growth in AI and cloud topics evident in latest O’Reilly annual report

MLCommons aims to become the gold standard for measuring AI performance on PCs

Box snaps up enterprise content management startup Crooze

Software and consulting anchor strong IBM financial results

Tesla shares drop on missed earnings and revenue in fourth quarter

HPE compromised by same Russian group behind SolarWinds and Microsoft hacks

Dutch startup Send AI raises $2.39M from Google and Keen Venture Partners

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