Cloud security startup Wiz has reportedly rejected a $23 billion acquisition bid by Google. Instead, the company will go ahead with plans for an initial public offering (IPO), CNBC reported late Monday (July 22), citing an internal memo written by Wiz co-founder Assaf Rappaport “Saying...
Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial...
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services. As such,...
Enterprise application software firm SAP is hoping artificial intelligence (AI) demand fuels its cloud revenues. To that end, the company has created the new role of chief AI officer to oversee AI implementation throughout its services suite, Bloomberg News noted Thursday (March 7) in an interview with that...
July 17, 2024
Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption […]
December 05, 2022
In a year filled with belt-tightening and challenges, retailers are tapping cheaper cloud-based tech solutions. From the ongoing Ukraine crisis and supply chain issues to an energy crisis and decreased...
July 27, 2022
If you had to pick one personality trait that you’d most want to see in a pilot, it might likely be the ability to remain calm and collected in a...
September 25, 2018
All business investment involves trade-offs. When it comes to cash management, figuring out what is "nice to have" versus "need to have" can be a struggle, especially as real-time initiatives...
September 26, 2024
Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion global travel and tourism sector, Mews said in a news release on Thursday (Sept. 26). The company said the financing will boost Mews’ growth and […]
July 23, 2024
Cloud security startup Wiz has reportedly rejected a $23 billion acquisition bid by Google. Instead, the company will go ahead with plans for an initial public offering (IPO), CNBC reported...
June 03, 2024
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative...
March 07, 2024
Enterprise application software firm SAP is hoping artificial intelligence (AI) demand fuels its cloud revenues. To that end, the company has created the new role of chief AI officer to oversee AI implementation...
