Intel stock posted a weaker-than-expected set of Q2 2024 earnings last week, and provided a tough outlook for Q3, guiding revenue of $12.5 billion to $13.5 billion, well below estimates of over $14 billion, as it continues to lose market share in both the PC and server space. Following the tough earnings report, Intel noted
In a bid to enhance workplace efficiency and collaboration, Zoom has announced the launch of its new AI-powered document feature – Zoom Docs. This innovative addition aims to transform the way teams create, share, and manage documents by leveraging advanced generative AI technology. The new feature was unveiled at the company’s annual Zoomtopia event last
Nearly two weeks ago, beachgoers in New York witnessed shorebirds attack drones that were deployed to patrol sharks and assist struggling swimmers. Now, the University of California Santa Barbara’s Benioff Ocean Science Laboratory (BOSL), plans to initiate a new drone project aiming to monitor shark activity below the ocean waves. The initiative called SharkEye is
Experts at Palo Alto Networks, the world’s cybersecurity leader, and its threat intelligence unit, Unit 42, anticipate a wave of cyberattacks targeting critical services at the Olympic Games Paris 2024, following a series of cybersecurity simulations recently conducted in host city Paris. Palo Alto Networks’ Unit 42 has predicted several key threats for organisations to
Julian Galeano Chica, CEO, La Mediatica, can be considered as the pioneer of digital advertising in Latin America. In 2010, La Mediatica emerged as a revolutionary force in the LATAM region, at a crucial time when the digital landscape lacked specialised media buying expertise. Looking ahead with innovative foresight and determination, the company embarked on
Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet on a reported $23 billion deal in which it would have become the USA tech giant’s largest-ever acquisition, according to a Wiz memo. Wiz CEO Assaf Rappaport said the company would now focus on an initial public offering, as it had planned earlier, and aims
Portuguese startup Sqill has announced the closing of a €2 million seed investment round led by GED Ventures. With this funding, the company strategically aims to consolidate its presence in the USA by opening an office in Austin, Texas, and expanding its team. Recruitment for various positions in Portugal and the USA is already underway,
Security experts said CrowdStrike’s routine update of its widely used cybersecurity software, which caused clients’ computer systems to crash globally recently, apparently did not undergo adequate quality checks before it was deployed. The latest version of its Falcon sensor software was meant to make CrowdStrike clients’ systems more secure against hacking by updating the threats
Amid a challenging fundraising environment, London-based 13books Capital announced the closing of a €144 million fund dedicated to fuelling the next wave of financial technology (fintech) disruptors. This fund continues 13books Capital’s commitment to backing visionary founders reshaping the future of financial services. The initial scepticism amongst financial services companies has been replaced in recent
An Australian computer scientist who claimed he invented bitcoin faces a criminal investigation in Britain for alleged perjury after he was found to have repeatedly lied and forged documents to support his false claim. Craig Wright had long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published
