Author: Geert van der Klugt

Intel records hefty revenue drop in 2022

Intel records hefty revenue drop in 2022

Intel's annual figures are out. Revenue staggered over 2022. The chip giant said it expects a setback in the first quarter of 2023. Intel generated €58 billion ($63.1 billion) in revenue in all of 2022. The figure is down 20 percent from 2021, when $79 billion in sales was credited to the boo... Read more

date2 days ago
‘FBI and Europol take down ransomware group Hive’

‘FBI and Europol take down ransomware group Hive’

Hive's infrastructure is down. Europol claims the ransomware group was tackled by a partnership of Dutch, German and US authorities. "The FBI seized this site as part of a coordinated law enforcement action", reads the banner referred to by Hive's website since Thursday. The statement is signed ... Read more

date2 days ago
IBM cuts 3,900 jobs despite promising annual results

IBM cuts 3,900 jobs despite promising annual results

In spite of promising annual results in 2022, IBM will cut 3,900 jobs over the next few months to reduce costs. IBM's employees aren't immune to the wave of layoffs flooding the top of the tech industry at this time. The organization told Bloomberg that 3,900 staffers will be fired in the first ... Read more

date2 days ago
GitHub reaches 100 million user milestone

GitHub reaches 100 million user milestone

The platform grew from three million to one hundred million users in less than a decade. GitHub is clearly loved. Exactly ten years ago, three million developers used the platform. That number had grown to 28 million by the time Microsoft acquired GitHub in 2018. Three months ago, the 90 millio... Read more

date2 days ago
Visma announces yearly revenue increase of 19 percent

Visma announces yearly revenue increase of 19 percent

Visma's turnover totalled €2.06 billion in 2022, up 19 percent from 2021. The firm cited its fast-paced acquisition strategy as the driving force behind growth. 42 companies were acquired in Visma's target markets of Europe and Latin America. By the end of the year, the total transaction value... Read more

date2 days ago
Dell Technologies acquires cloud orchestration platform Cloudify

Dell Technologies acquires cloud orchestration platform Cloudify

Dell Technologies has acquired cloud orchestration platform Cloudify. For reasons unknown, Dell has not publicly announced the deal at the time of writing. TechCrunch broke the news after acquiring a filing from Dell addressed to US regulator SEC. Dell later confirmed the acquisition in an emai... Read more

date3 days ago
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