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€500 million startup Yokoy expands from Amsterdam to Spain

€500 million startup Yokoy expands from Amsterdam to Spain

Yokoy announced an expansion into Spain. Earlier this year, the startup opened an office in Amsterdam to storm the European market. According to CNBC, the three-year-old company was recently valued at €500 million. Yokoy develops spend management software. Clients use the technology to record... Read more

date1 year ago
SolarWinds and Dynatrace directors resign over antitrust concerns

SolarWinds and Dynatrace directors resign over antitrust concerns

Several directors of SolarWinds and DynaTrace have resigned after being contacted by the US Department of Justice about a possible antitrust violation of Section 8 of the Clayton Act. The Department of Justice announced that tech firms SolarWinds, DynaTrace, Skillsoft, and Udemy may have violate... Read more

date1 year ago
dbt launches Semantic Layer to improve data consistency

dbt launches Semantic Layer to improve data consistency

dbt introduced the public preview of Semantic Layer. After naming a metric in dbt, the new feature pushes the name to all apps that process data from dbt. Data consistency improves as a result. dbt is a popular framework for data transformation. The framework provides a central environment in w... Read more

date1 year ago
Oracle optimizes Fusion Cloud apps for healthcare

Oracle optimizes Fusion Cloud apps for healthcare

Oracle updated its suite of Fusion Cloud SaaS applications with various features for healthcare organizations. Companies can use Oracle's Fusion Cloud applications to manage and automate various business tasks, including supply main management and revenue forecasting. The suite is key to Oracle'... Read more

date1 year ago
EU antitrust office takes a second crack at redesigning Amazon

EU antitrust office takes a second crack at redesigning Amazon

Commissioner Vestager is trying again after her first attempt to redesign Amazon's website site failed in July. EU competition chief Margrethe Vestager is taking a second shot at forcing Amazon to redesign its website, according to a report in POLITICO. The European Commission aims to implement ... Read more

date1 year ago
IBM launches Diamondback Tape Library, air-gapped tape storage

IBM launches Diamondback Tape Library, air-gapped tape storage

IBM introduced IBM Diamondback Tape Library, a new tape storage solution with an emphasis on security. HDDs and SSDs are faster and more flexible, but tape storage still excels in terms of cost-effectiveness and sustainability. IBM offers a broad portfolio of tape storage solutions. The portfol... Read more

date1 year ago
SpaceX announces Starlink Aviation for private jets

SpaceX announces Starlink Aviation for private jets

SpaceX announced that its satellite internet service will soon be available for private jets, providing up to 350 Mbps per airplane for a premium price. SpaceX, headed by Elon Musk, intends to shake up the in-flight wifi market, which has struggled to wow its consumers for many years. SpaceX... Read more

date1 year ago
Gartner predicts 5 percent growth in IT spending in 2023

Gartner predicts 5 percent growth in IT spending in 2023

Gartner predicts that worldwide IT spending will increase 5.1 percent year-over-year to $4.6 trillion in 2023. Gartner issued its forecast in conjunction with the Gartner IT Symposium/Xpo event on Wednesday. The research organization claims the predicted growth in IT spending will be fueled by ... Read more

date1 year ago
Activist investor calls on Ericsson to ‘drain the swamp’

Activist investor calls on Ericsson to ‘drain the swamp’

The investor is demanding that Ericsson clean up its act and eliminate losses. Activist investor Cevian Capital called Ericsson's third-quarter results "disappointing” and demanded changes be made, according to Bloomberg News. The call came after the telecom network provider reported profit th... Read more

date1 year ago
Misconfiguration causes controversial data breach at Microsoft

Misconfiguration causes controversial data breach at Microsoft

A misconfigured Azure Blob Storage endpoint caused unauthorized access to large amounts of Microsoft customer data last month. Although security researchers indicate that the breach affects tens of thousands of organizations worldwide, Microsoft believes the extent of the incident is exaggerated. ... Read more

date1 year ago
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