All articles by Swagath Bandhakavi
Swagath Bandhakavi
ISG study finds decline in AI and automation satisfaction amid outsourcing surge
The report from ISG reveals increasing dissatisfaction among enterprises with AI and automation services, even as these technologies see greater adoption in outsourcing agreements.
Summit Partners and Vista Equity consider $2bn sale of Trintech
Trintech specialises in the delivery of cloud-based financial software solutions.
AI adoption grows among Indian white-collar workers, with 55% using AI tools
The study by IIMA’s CDSA and the Wadhwani Foundation highlights the rapid adoption of AI across India’s industries, examining its awareness, usage, and impact among white-collar workers.
Port of Seattle reports possible cyberattack, disrupting systems at Sea-Tac Airport
The incident, which started on the morning of 24 August 2024, caused outages that disrupted several critical systems at the airport, including its websites and phone services.
Infineon resolves decade-long Qimonda dispute with €753.5m settlement
This settlement by the German semiconductor giant concludes a legal battle that has persisted since 2010, following the financial collapse of Qimonda in 2009 due to a major downturn in chip prices.
Majority of APAC employees prefer hybrid work, citing productivity gains
The Zoom survey collected data from over 600 IT and C-suite leaders, as well as nearly 1,900 knowledge workers worldwide, including 604 participants from the APAC region.
Critical security WordPress plugin risks five million sites
The vulnerability in the Litespeed Cache plugin allows attackers to exploit the inadequately secured role simulation feature to impersonate administrators and gain full control of affected sites.
Microsoft realigns business unit reports to enhance AI investment clarity
Redmond’s restructuring shifts revenue from search and news advertising to its Azure cloud-computing division, aligning these services with the company’s AI strategy.
Microchip Technology reports cyber incident affecting multiple facilities
The incident has led to reduced operational capacity at several of the company’s manufacturing facilities, impacting its ability to meet customer orders.
ESMC begins construction of €10bn semiconductor fab in Dresden, Germany
The Dresden semiconductor fab is backed by a €5bn German measure approved by the EC under EU State aid rules.