Computing

How cloud computing giant Microsoft is changing the cybersecurity market

How cloud computing giant Microsoft is changing the cybersecurity market

Cloud computing giants are changing the cybersecurity market with their own deals, acquisitions, and software marketing deals, but Microsoft (MSFT) poses the biggest threat to incumbents in the industry, as it sells several products to businesses under discounted deals. X Microsoft’s growing range of offerings compete with cybersecurity firms such as CrowdStrike Holdings (CRWD), Okta …

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'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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Hackers release millions of Twitter IDs and user information for free

Hackers release millions of Twitter IDs and user information for free

Twitter’s security flaw that allowed hackers to steal millions of user records was patched in August this year, but that hasn’t stopped hackers from posting that data for free online.Photo: Sergey Yelagin (Shutterstock) Twitter’s API once contained a flaw so easily exploitable that hackers managed to capture 5.4 million user details. Now, according to reports …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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Markets are getting a wake-up call in 2023, says Morgan Stanley, which is offering a plan for investors to prepare.

Markets are getting a wake-up call in 2023, says Morgan Stanley, which is offering a plan for investors to prepare.

Federal Reserve Governor Christopher Waller and several strategists said last week’s weaker-than-expected October CPI, which sent the S&P 500 to its best level in five months, was overblown. His words could be heard as stock futures point to a softer start in the last full week before the start of Thanksgiving. We will also have …

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