Activist investor calls on Alphabet to reduce headcount and costs
Activist investor TCI Fund Management has called on Alphabet to cut costs by lowering its headcount and reducing expenses in several areas.
"We are writing to express our view that the cost base of Alphabet is too high and that management needs to take aggressive action", the organization wrote... Read more
Nvidia expands Omniverse portfolio and introduces HPC platform
Nvidia recently expanded the Omniverse portfolio to improve its effectiveness for scientific research. In addition, the chip giant introduced a new HPC platform for transfers of scientific data. Finally, Nvidia announced two quantum computing solutions.
The chip giant is expanding its capabiliti... Read more
Telco providers collaborate on universal cloud software framework
Five major telecom providers will collaborate on interoperable cloud solutions for the telecom industry.
The initiative was dubbed Project Sylva. The project will be hosted by the Linux Foundation. Project Sylva consists of a collaboration among five major European telecom providers: Telefonica... Read more
Fraudsters use 42,000 fake websites to push adware and ads
Fraud group 'Fangxiao' built a network of 42,000 sites that impersonate well-known businesses.
The network was designed to steer victims to websites pushing adware. Fangxiao uses fake domains to generate website traffic and advertising revenue for its own websites and the websites of customers w... Read more
Magic Lane launches navigation platform with more privacy than Google Maps
Magic Lane uses thousands of data sources to help pedestrians, cyclists and motorists navigate. Developers can use software development kits to incorporate the platform into proprietary solutions. Unlike Google Maps, end users remain anonymous at all times.
Magic Lane is based in the Netherland... Read more
Dell Technologies expands HPC offering with servers and APEX tools
Dell Technologies expanded its high-performance Computing (HPC) portfolio with new PowerEdge servers and several solutions in its everything-as-a-service APEX suite.
With the new solutions, the organization aims to give companies the same HPC capabilities that have only been available to governm... Read more
Dutch DPA warns of privacy risks in US cloud storage
The Data Protection Authority (DPA) of the Netherlands sees major privacy risks in the use of US cloud environments among Dutch government agencies. The watchdog warned digitalisation minister Alexandra van Huffelen in a public letter.
The DPA wrote the letter in response to the minister's plan... Read more
Germany widens antitrust investigations of Amazon
The German antitrust watchdog is using a new law to expand its probes of the US tech giant.
This week, Germany's antitrust agency announced that it has expanded two probes into US e-commerce giant Amazon.com. The agency is making use of a new regulation that allows it to prohibit anti-competitiv... Read more
Berkshire Hathaway acquires $4.1 billion stake in TSMC
Berkshire Hathaway announced the acquisition of a $4.1 billion stake in Taiwan Semiconductor Manufacturing (TSMC), marking one of the conglomerate's first major steps into the chip industry.
The announcement lifted investor optimism for TSMC, which saw its shares hit a two-year low last month du... Read more
Qlik launches Cloud Data Integration, shifts to Integration as a Service
Qlik has recently launched Cloud Data Integration, an Integration as a Service platform for real-time access to data.
Cloud Data Integration helps users get real-time access to data from various systems, including relational databases, SAP software, mainframes and SaaS apps with data repositorie... Read more