All articles by Refna Tharayil
Refna Tharayil
US CFPB orders federal oversight of Google Payment, tech giant responds with lawsuit
In its lawsuit, Google challenges the CFPB’s authority, arguing that the supervision is unwarranted and describing the cited consumer complaints as “unsubstantiated.”
HPE surpasses forecasts in Q4 FY24, driven by AI-powered server demand
The company’s Intelligent Edge business, which provides networking hardware such as switches and Wi-Fi access points, experienced a 20% decline in revenue, totalling $1.1bn for the fourth quarter.
CMA greenlights Vodafone-Three merger with commitments to protect consumers
The companies have committed to investing £11bn over the next eight years to implement a detailed network plan that aims to establish one of the most advanced 5G networks in Europe.
DeepMind develops GenCast AI model for extended 15-day weather forecasting
The new model employs a diffusion technique, a type of generative AI commonly applied in areas such as image generation, which has been adapted for use in weather forecasting.
BT isolates conferencing servers following Black Basta ransomware attack
Black Basta has warned it will release hundreds of gigabytes of data unless its demands are fulfilled, with a countdown ticking down to the leak.
Salesforce beats Q3 estimates, raises FY25 guidance on robust demand for cloud and AI products
The company has raised its full-year revenue forecast to a range of $37.8bn to $38bn, up slightly from its previous estimate of $37.7bn to $38bn.
UK businesses sue Microsoft for £1bn over Windows Server fees on rival clouds
The lawsuit accuses Microsoft of abusing its market dominance to impose inflated Windows Server licensing fees on users of rival cloud platforms, including AWS, Google Cloud, and Alibaba Cloud.
US SEC resolves record-keeping charges with ICBC subsidiary after cyberattack
The securities regulator chose not to impose civil penalties, recognising the company’s swift remedial measures and full cooperation throughout the investigation.
Intel CEO Pat Gelsinger resigns amid struggles to reclaim market leadership
Gelsinger stepped down following a board meeting where doubts were expressed over the sluggish progress of his ambitious plan to revitalise the struggling company.
New phishing tactic uses corrupted Word documents to bypass security systems
Identified by cybersecurity firm Any.Run, the campaign involves emails designed to mimic communications from payroll or human resources departments.