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Blockchain

Crypto exchange Luno to cut 35% of its workforce citing crypto market ‘turbulence’

By Kyt Dotson Jan 26, 2023

London-based cryptocurrency exchange Luno announced Wednesday that it will lay off 35% of its workforce, citing the turbulent markets that have been pummeling the entire crypto industry. “2022 has been an incredibly tough year…

Cloud

IHG enhances guest experience through a cloud-based mesh network

By Brian Njuguna Jan 26, 2023

Since good enough isn’t good enough anymore, business-critical applications are moving to the cloud for enhanced capabilities. As a global hospitality company, IHG Hotels & Resorts previously used cloud-native constructs for networking, which were…

Cloud

Driving innovation: Cloud transformation at scale and how companies are strategizing their journeys

By Victor Dabrinze Jan 26, 2023

Digital transformation and cloud migration are among the biggest enterprise computing trends today. But while some companies have their entire operations in the cloud continuum, others have seemingly dragged their feet through its nascent…

Blockchain

Web3 startup Spatial Labs raises $10M to connect clothing to the metaverse

By Kyt Dotson Jan 26, 2023

Spatial Labs, a Web3 startup aiming to change the consumer experience by connecting fashion to the blockchain, today said it has raised $10 million in seed funding led by Blockchain Capital with additional participation…

Cloud

LTIMindtree leverages AWS for improved service delivery following merger

By Victor Dabrinze Jan 26, 2023

LTIMindtree Ltd., once two separate business entities, now has a global portfolio spanning 750 clients, employing over 90,000 professionals and spread out globally across over 33 markets. In getting the ball rolling following its…

Cloud

SAP to lay off 3,000 and sell Qualtrics stake as profits plunge

By Paul Gillin Jan 26, 2023

SAP SE said today it will lay off 3,000 people, or about 2.5% of its global workforce, following a steep fall in profits in the fourth quarter of 2022. The company expects to incur…

Policy

Meta says Donald Trump can return to Facebook and Instagram – if he behaves himself

By James Farrell Jan 25, 2023

Meta Platforms Inc. surprised many people today when it announced that former President Trump could be back on Facebook and Instagram in the coming weeks. After the chaos on Capitol Hill in January 2021…

Cloud

Microsoft services suffer downtime following failed wide-area network update

By Duncan Riley Jan 25, 2023

Microsoft Corp. customers were none too pleased today after the company suffered a widespread outage that resulted in services including Azure, Teams and Outlook being unavailable for nearly three hours. The outage resulted from…

Cloud

Dell confirms it has acquired Cloudify to boost its cloud orchestration capabilities

By Mike Wheatley Jan 25, 2023

Dell Technologies Inc. today revealed it has quietly acquired Cloudify Ltd., which sells cloud orchestration tools for enterprises. Cloudify’s offerings are used by cloud architects and DevOps teams to manage workloads, software containers and other…

Emerging Tech

As car orders soar, Tesla shares surge on fourth-quarter earnings beat

By Duncan Riley Jan 25, 2023

Shares in Tesla Inc. surged in late trading today after the electric car and solar panel maker reported a strong beat in its latest earnings report. For the quarter that ended Dec. 30, Tesla…

explore news

Crypto exchange Luno to cut 35% of its workforce citing crypto market ‘turbulence’

Web3 startup Spatial Labs raises $10M to connect clothing to the metaverse

SAP to lay off 3,000 and sell Qualtrics stake as profits plunge

As car orders soar, Tesla shares surge on fourth-quarter earnings beat

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