Networking giant Cisco is the latest tech company to slash jobs while pledging to refocus on AI as well as cybersecurity. The company said it would slash its global staff numbers by 7% – more than 6,000 jobs – following a drop in revenue of… Article Source https://www.itpro.com/business/cisco-layoffs-cut-deeper-than-expected-as-firm-ramps-up-ai-focus
– CEO confidence in the effectiveness of basic IT services nearly halves over 10 years – 43% of surveyed tech CxOs say concerns about their technology infrastructure have increased because of generative AI Aug 21, 2024
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial… Article Source https://apnews.com/article/cisco-job-cuts-technology-layoffs-78ad036870555f53fe03739cf1ae76f9
Google’s Nobel Haul Puts Spotlight on Changing Focus of Scientific Research Bloomberg Article Source https://www.bloomberg.com/news/newsletters/2024-10-11/google-s-nobel-haul-puts-spotlight-on-changing-focus-of-scientific-research
As demand for greater flexibility and simplicity in hybrid cloud solutions continues to surge, industry leaders are seeking to respond with effective hybrid cloud management. To do so, innovative technologies that target the needs of modern businesses need to be considered. With that in mind, Dell Technologies Inc. and Nutanix Inc. have joined forces to … Read more
The Full-Stack Hyperconverged Infrastructure Software Market report gathered data from various sources such as online repositories, company reports, and government websites. It provides a comprehensive overview of the market landscape, including historical data from 2015 to 2018 and a forecast up to 2031. The report includes details about key manufacturers, market segmentation by type and … Read more
Ransomware attackers are increasing their focus on avoiding detection in order to prolong their presence on targeted networks, a recent report from Cisco Talos indicates. This shift is driven by the rise of the double-extortion ransomware model, where hackers not only encrypt systems but also threaten to leak stolen data unless a ransom is paid. … Read more
Artificial intelligence giant AI has made the decision to abandon its plans for a $10 billion expansion of its cloud services in favor of focusing on building a supercomputer in Memphis. The shift in strategy comes as AI aims to strengthen its presence in the field of high-performance computing. The company had initially intended to … Read more
On Monday, the major US stock indices had a mixed performance. The Dow Jones Industrial Average decreased slightly to 39,344.79 points, while the S&P 500 increased to 5,572.85 points and the Nasdaq rose to 18,403.74 points. Several stocks attracted the attention of investors and retail traders throughout the day. Nvidia Corporation (NVDA) saw its stock … Read more
Bhavish Aggarwal, the co-founder and chairman of Ola Group, recently announced that developers should consider transitioning away from Google Maps and instead utilize Ola Maps on the AI-powered Krutrim platform. To encourage this transition, Ola is offering one-year free access to Ola Maps for all developers, along with over Rs 100 crore in free credits. … Read more