Cloud storage provider Dropbox has announced plans to reduce its global workforce by 16 percent in order to cut costs. The company aims to counter slowing cloud growth by reallocating resources towards building its AI offerings. Dropbox's CEO, Drew Houston, explained that the company's core cloud business growth has been impacted...
Google has announced plans to add generative artificial intelligence (AI) capabilities to its virtual assistant. A company executive told Reuters the AI would allow the assistant to do things like help people plan a trip or catch up on emails and then ask follow-up questions. The Alphabet subsidiary said during a...
Hackers are not invisible. Even the stealthiest and best camouflaged adversary leaves traces of their presence. The challenges for security teams are having skilled people that are equipped with the right tools they need to look in every corner of the business. Just as your home can be protected by alarms,...
Nvidia's CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what could be the largest single bet yet in the tech sector to back up his optimism. The company's sales forecast blew past Wall Street's expectations and it said it would buy...
The Commonwealth Bank of Australia has cut an unknown number of IT staff, including data architects and software engineers, as part of a larger round of personnel changes. In addition to IT, the changes also affect CBA's business banking and retail banking services divisions, according to the Finance Sector Union. The FSU...
AGL Energy, an Australian company, has urged the federal government to set a better example in cybersecurity by strengthening its systems, achieving mandated maturity levels, and sharing threat intelligence with the community. In a submission to the Australian cyber security strategy discussion paper, AGL expressed concern about the government's difficulties in...
Nvidia, the leading semiconductor company, has announced strong second-quarter revenue forecasts, surpassing Wall Street estimates by over 50%. The company is ramping up its supply to meet the high demand for its artificial-intelligence (AI) chips, which are used in applications like ChatGPT. Following the announcement, Nvidia's shares soared by up to...
From Itnews: Domino’s Pizza Enterprises' digital investment slowed in the back half of 2022, but still came in at more than $23 million. Its spend comprised a “digital capex” of $23.3 million, along with back-of-house systems upgrades reported as part of $5.5 million in other capital expenditure, which CFO Richard Coney...
