‘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
‘UK Prime Minister revives talks on Arm IPO’
The move comes after a failed attempt to bring the listing to London last year.
British Prime Minister (PM) Rishi Sunak has revived talks with Japan's SoftBank Group regarding a London listing for chip designer Arm, according to a report in the Financial Times.
While Arm is based in the UK, ... Read more
New York Stock Exchange will not delist Chinese telecom companies
The New York Stock Exchange said that it no longer plans to delist three Chinese companies in the telecom industry. The reversal is not only a shock announcement but has deepened the confusion created by the US’s crackdown on firms they claim are linked to the Chinese military.
The plan was, t... Read more
Microsoft Teams is more popular than Slack with 19 million users
More than 19 million people worldwide use Microsoft Teams, of which more than 13 million use them daily. With this, Microsoft's chat service surpasses that of its competitor Slack, which has a total of 10 million daily users.
The software giant launched the communication and collaboration platform i... Read more