OpenText reports Q2 results after buying Micro Focus
Analysts call the quarterly financial results "mixed" as company looks to leverage their recent acquisition.
This week OpenText reported its quarterly results - after announcing its purchase of software vendor Micro Focus some time ago.
For its fiscal 2023 second quarter, OpenText reported e... Read more
Garner halves IT spending forecast, projects 2.4 percent growth in 2023
Gartner expects spending to reach a total of $4.5 trillion in 2023, slightly down from its previous forecast.
According to Gartner, the revision is not a reflection of a decline in enterprise IT spending, but rather the result of a strengthened US dollar and a decrease in demand for consumer de... Read more
Sage under fire for switching to subscription-based model
The financial software company is taking criticism for forcing SMEs to move to a subscription-based pricing plan.
The Financial Times reports that small businesses in the UK are up in arms over being forced to migrate their perpetual Sage 50 software licenses to a monthly subscription plan. Sage... Read more
Software’s post-pandemic recessionary lag factor
Knowledge is power. But further than any mere level of learning by rote understanding, we use the term ‘savvy’ to denote a particular level of practical knowledge and ability.
Coming out of the post-pandemic period of preparation for the ensuing recession will (arguably) require more savvine... Read more
Low-code on the open road: acquires Ionic for mobile dev
Low-code is on the high. The new-age automation shortcuts, reference architectures, templates and wider tooling offerings that form the low-code universe of software application development are in high gear in terms of their current ascendancy.
Looking upwards, low-code is also now being charged... Read more
Former Microsoft chief sheds light on Windows 8 a decade later
In a recent interview, the ex-chief of Windows 8 shed light on the development and legacy of the controversial operating system. Windows 8 took risks, garnered mixed reviews and influences the IT landscape to this day.
Windows 8, released in 2012, was seen as a revolutionary new operating syste... Read more
Meta’s vendor-agnostic toolkit helps optimize AI for various CPUs
Facebook parent Meta announced the launch of a brand-new set of free development tools for artificial intelligence apps, which help developers optimize AI apps for multiple processors.
According to the company, the new open-source AI platform is built on PyTorch, an open-source machine learning ... Read more
FishPig discovers exploit that puts 200,000 websites at risk
200,000 sites risk having their data compromised due to an exploit in FishPig's software.
FishPig is a UK-based e-commerce software developer. Organizations use its Magento and WordPress plugins to streamline processes. FishPig recently discovered that attackers had found a backdoor into the sec... Read more
Apple faces antitrust lawsuit for mistreating Jamf
Apple's recent treatment of Jamf is considered anti-competitive. Furthermore, the tech giant's new device management software may directly compete with Jamf.
The antitrust regulators of the European Union announced that Apple refused to allow third-party payment services to access its NFC chip.... Read more
Retool’s valuation reaches $3.4B after a $45M funding round
Retool, a low-code enterprise app builder startup, has secured $45 million in additional investments at a value of $3.2 billion to continue its mission to "retool" the way organizations develop custom internal-facing software.
The Series C2 funding follows the company's $20 million Series C in D... Read more