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Cloud

Modern commerce platform startup Chord raises $15M for expansion

By Duncan Riley Jan 18, 2023

Modern commerce platform startup Chord Commerce Inc. today announced that it has raised $15 million in new funding to expand its data capabilities and support availability for larger customers. Bright Pixel Capital and Eclipse…

Cloud

Data management startup Cloudian raises $60M and hires new chairman

By Mike Wheatley Jan 18, 2023

Hybrid cloud data management firm Cloudian Inc. said today it has closed on a $60 million round of funding that brings its total amount raised to $233 million. The round was led by Digital…

Cloud

Gartner halves forecast of IT spending growth to 2.4% in 2023

By Paul Gillin Jan 18, 2023

Gartner Inc. expects worldwide information technology spending to grow 2.4% in 2023, to $4.5 trillion, down from its previous forecast of 5.1% growth, according to a new report released today. However, the downward revision…

Policy

Meta’s Oversight Board pushes for new nudity rules after accusing company of trans discrimination

By James Farrell Jan 17, 2023

Meta Platforms Inc.’s Oversight Board said today that it believes it’s time for Meta to change the rules regarding its adult nudity and sexual content policies. It’s not the first time the board, which…

Security

Nissan North America data breach caused by third-party provider

By Duncan Riley Jan 17, 2023

Nissan North America Inc. has disclosed a data breach caused by an outside provider that affected nearly 18,000 customers. The breach was disclosed via a notification to the Office of the Maine Attorney General…

Emerging Tech

Engineer testifies Tesla faked video of Model X driving itself in 2016

By Duncan Riley Jan 17, 2023

A Tesla Inc. engineer today testified that the company faked a video showing a Model X driving itself in 2016. Ashok Elluswamy, Tesla’s director of Autopilot software, revealed details of the fake video in…

Cloud

Alkira’s evolving supercloud transforms cross-platform connectivity and reduces risk of ‘shadow IT’

By Mark Albertson Jan 17, 2023

When Alkira Inc. emerged from stealth mode in April 2020, the startup company’s premise was to make multicloud networking one-click simple. They didn’t label it as such at the time, but Alkira’s founders have…

Cloud

Microsoft to cut thousands of engineering jobs, reports claim

By Mike Wheatley Jan 17, 2023

Microsoft Corp. could become the latest technology giant to announce a significant number of layoffs, according to a report from Bloomberg today. The report cites a “person familiar with the matter” as saying that…

Big Data

Nextdata launches to transform a vision of ‘data mesh’ into reality

By Mike Wheatley Jan 17, 2023

Nextdata quietly emerged from stealth mode today, providing a glimpse of a company that intends to build technology to help organizations decentralize data at large scale. The goal of the firm is to realize the…

Cloud

Supercloud plugs hyperscaler holes triggered by heightened capabilities

By Brian Njuguna Jan 17, 2023

Hyperscalers have played an instrumental role in enhancing scalability and elasticity in the cloud. Nevertheless, as hyperscalers continue to rapidly innovate on underlying capabilities, new gaps spring up. This is one of the challenges…

explore news

Gartner halves forecast of IT spending growth to 2.4% in 2023

Meta’s Oversight Board pushes for new nudity rules after accusing company of trans discrimination

Engineer testifies Tesla faked video of Model X driving itself in 2016

Alkira’s evolving supercloud transforms cross-platform connectivity and reduces risk of ‘shadow IT’

Nextdata launches to transform a vision of ‘data mesh’ into reality

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