IBM transformation struggles continue with cloud and AI revenue down 4.5%
A couple of months ago at CNBC’s Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM’s $34 billion 2018 Red Hat acquisition to help customer.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Passkey support comes to Word, Excel, and more for all consumer Microsoft accounts
We’re getting closer every day to a password-free future. Less than two years after Apple launched passkeys with iOS 16 and macOS 13, more and more companies continue adding support. Following in the footsteps of Amazon and Nintendo, among others,.....»»
New SOHO router malware aims for cloud accounts, internal company resources
Cuttlefish, a new malware family that targets enterprise-grade small office/home office (SOHO) routers, is used by criminals to steal account credentials / secrets for AWS, CloudFlare, Docker, BitBucket, Alibaba Cloud and other cloud-based services......»»
Illumio and Wiz’s integration enhances cyber resilience in the cloud
Illumio has partnered with Wiz and joins Wiz Integrations (WIN) Platform. Illumio enhances WIN by bringing the power of Illumio’s Zero Trust Segmentation platform to the partner ecosystem, so that customers can seamlessly integrate Wiz into their e.....»»
Confluent enhances Apache Flink with new features for easier AI and broader stream processing
Confluent has unveiled AI Model Inference, an upcoming feature on Confluent Cloud for Apache Flink, to enable teams to easily incorporate machine learning into data pipelines. Confluent introduced Confluent Platform for Apache Flink, a Flink distribu.....»»
Skyhawk Security unveils cloud-native CTEM, streamlining security with AI-powered automation
Skyhawk Security has unveiled its cloud native Continuous Threat Exposure Management (CTEM) solution. The agentless approach empowers organizations to automate their CTEM program for the first time and operationalize it through Skyhawk’s existing A.....»»
Rising tides, sinking stocks: Study explores cost of climate change
As the financial implications of climate change continue to soar, a forthcoming journal article explores its effects on company values......»»
Tomorrow’s AAPL Q2 earnings likely to be $5B down
AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»
Building a strong cloud security posture
In this Help Net Security video, David Kellerman, Field CTO at Cymulate, discusses how cloud security still seems to lag even as the cloud grows in popularity and usage. Many leaders are unaware that they need to secure the cloud the same way they wo.....»»
Why cloud vulnerabilities need CVEs
When considering vulnerability management’s purpose in a modern world, it’s imperative to recognize the huge transition to new technologies and how you manage risk within these different paradigms and environments (e.g., the cloud). Patch net.....»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
This headset and mic combo is 40% off — perfect for streaming
You can get the HyperX QuadCast S microphone and HyperX Cloud Alpha S gaming headset from HP with a 40% discount -- you'll only have to pay $172 for the bundle......»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»