All articles by Refna Tharayil
Australia proposes new laws safeguarding consumer right to switch between digital services
The proposed legislation would grant the Australian competition regulator authority to oversee compliance, investigate anti-competitive behaviour, and levy fines against offenders.
Wise faces criticism from European regulators over AML shortcomings
Following a review, Wise has put in place a remediation plan to reach out to affected customers within weeks and gather the necessary documentation.
Canada sues Google over alleged online advertising monopoly
The case focuses on allegations that Google has employed tactics to lock market participants within its ecosystem, hinder innovation, and drive up advertising costs.
T-Mobile prevents data breach amid Salt Typhoon cyberespionage campaign
T-Mobile disclosed that the attempt by Salt Typhoon to breach its systems was likely part of a wider cyberespionage campaign.
US FTC launches antitrust probe into Microsoft’s cloud, AI, and licensing practices
Rivals have accused Microsoft of using practices that trap customers within its Azure cloud ecosystem, making it challenging for them to switch to competing services.
CrowdStrike raises FY25 forecasts despite fallout from July software disruption
The company registered a net loss of $16.8m for the reported third quarter, driven by rising expenses stemming from the aftermath of its major service disruption in July.
Dell’s Q3 FY25 revenue rises 10%, but stock dips following lowered full year guidance
This was in spite of strong growth in Dell’s infrastructure solutions unit.
Zoom reports Q3 beat, raises FY25 guidance amid enterprise momentum
The communications technology company achieved a 3.6% YoY growth in revenue for Q3 FY25, reaching $1.18bn and surpassing analysts’ expectations of $1.16bn.
Blue Yonder breach debacle continues with Starbucks disruption
The attack on the third-party software provider has now forced Starbucks to rely on pen and paper to manage its employees’ schedules.
Blue Yonder ransomware attack disrupts supply chains across UK and US
The supply chain software company stated that the ransomware attack affected its managed services hosted environment, while its Azure public cloud services remained unaffected.