‘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
‘Western Digital and Kioxia discuss possible merger’
Drive manufacturers Western Digital and Kioxia are discussing a possible merger, according to a Bloomberg report based on insider sources.
Western Digital and Kioxia already collaborate in the field of flash chips. Insider sources told Bloomberg that the companies are considering a more signif... Read more
‘Vista Equity takes an interest in Coupa Software’
Vista Equity Partners has reportedly taken an interest in business spend management provider Coupa Software. The investor may come forward with an acquisition offer.
Insiders told Bloomberg that Vista Equity wants to acquire Coupa Software. The parties are reportedly in the negotiation stage. Ne... Read more
Pay-as-you-go grows faster than traditional subscriptions
Software vendors increasingly favour pay-as-you-go models over traditional subscription models, according to a Bloomberg analysis of several major software companies.
Pay-as-you-go payment models, in which end users only pay when software or services are in use, are increasingly popular, accordi... Read more
Salesforce CEO wants to double revenue by 2026
Salesforce co-CEO Marc Benioff told Bloomberg that the organization intends to acquire more companies in the near future. In addition, Salesforce disclosed an ambitious revenue strategy and plans to further integrate previously acquired companies into its portfolio.
At a Q&A with Bloomberg ... Read more
‘Lapsus$ is masterminded by 16-year-old Brit’
Reportedly, Lapsus$ is led by a 16-year-old British male. The criminal group recently managed to penetrate Microsoft, Nvidia, Okta and Samsung.
Bloomberg writes that cybersecurity experts acting on behalf of affected organizations traced the attacks to a 16-year-old British male. The teenager re... Read more
Microsoft recruits top Apple chip architect to work on Azure servers
Microsoft sets its sights on developing proprietary processors for Azure servers. For this purpose, the tech giant is recruiting Mike Filippo, a prominent Apple chip architect.
Bloomberg reports that Microsoft recently hired Mike Filippo from Apple. Filippo is an experienced semiconductor design... Read more
‘Software AG wants to sell itself’
Germany's Software AG is looking for a buyer. It is possible that investment companies are showing interest.
Possible takeover talks of Software AG are said to be in the early stages, according to Bloomberg sources. The reason given for the possible sale of the company is Software AG's considera... Read more
Bloomberg announces acquisition of Second Measure
Deal will help Bloomberg to leverage big data to glean insights into consumer behavior and company performance.
Bloomberg this week announced that it has completed its acquisition of San Mateo, CA based startup Second Measure. Second Measure is a consumer data analytics company that helps invest... Read more
Supermicro removes server production from China after espionage worries
In the aftermath of a report that accused China of espionage via hardware from server manufacturer Supermicro, the latter is taking production away from China, even though the company continues to deny all allegations.
Supermicro is moving its server production from China to other factories, includi... Read more