‘Netherlands strengthens chip export restrictions at request of US’
Insiders say the Netherlands is poised to introduce new restrictions on chip and equipment exports to China. US and Dutch officials have been discussing the restrictions in Washington since Thursday. The negotiations are expected to conclude later today.
The outcome has not yet been confirmed b... Read more
‘New York Stock Exchange malfunctions due to configuration error’
A human configuration error in the New York Stock Exchange's (NSYE) disaster recovery system prevented the exchange from opening for business.
An incident at the NYSE underscores that IT system management is far from automated as a whole. A human configuration error prompted the NYSE's disaster... Read more
‘Elliott Management wants to appoint board members at Salesforce’
Activist investor Elliott Management wants to appoint board members at Salesforce, according to a Wall Street Journal report based on insider sources. The investor is said to be keen on more influence over the ins and outs of the CRM giant.
According to the Wall Street Journal, Elliott Manageme... Read more
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
‘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
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
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
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
‘Dutch hacker steals personal data of millions of Austrian citizens’
The Amsterdam Prosecutor's Office disclosed that a 25-year-old Dutch man was arrested in late November on suspicion of stealing personal data from tens of millions of people worldwide, including most of Austria's population.
The data was allegedly offered for sale. The cybercriminal landed on t... Read more
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