Investment
As Vision Fund losses top $32bn, SoftBank prepares for fresh AI bet
After its Vision Fund reported record losses of $32bn, SoftBank plans to sell off more Alibaba stock to fund new…
China’s enterprise IT market set to blossom despite US sanctions tightening
China’s enterprise IT market is set to grow by 8.5% a year up to 2026, in part due to ongoing…
How the cost of living crisis killed the convenience economy
It seemed like a good idea at the time. Frustrated at having to venture out to convenience stores whenever they…
BBC Reveals Plans for £12 Million Digital Overhaul, Spanning DBs, Websites, Data Science
The BBC has launched a £12 million hunt for partners to support it with a major digital overhaul: spanning database…
German “Process Mining” Firm Celonis Valued at $2.5B After Series C
German software company Celonis has raised $290 million in a Series C funding round that values it at $2.5 billion,…
Conversational AI Specialist Moveworks Lands $75 Million in Series B Round
Conversational AI specialist Moveworks has raised $75 million in a Series B financing round, bringing the company's total amount raised…
Newcastle Data Centre Operator Gets a £30 Million Cash Boost
Stellium Datacenters, a Tier III+ co-location data centre operator with three sites in Newcastle, has completed a £30 million investment…
Warren Buffett Bails Entirely Out of Oracle, Takes $700m Red Hat Stake
Berkshire Hathaway, the investment vehicle of legendary investor Warren Buffett, has sold its entire holding of 41 million shares in…
ROI on Innovation Spending Declines 27%
Return on Investment (RoI) for spending on innovation has declined an alarming 27 percent over the past five years, according…
Gartner CIO Survey: Data Analytics Displaces Cloud as Favoured Tech Investment
Data analytics and cybersecurity pushed cloud off the top spot for technology investment plans by government CIOs in 2019, according…