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Alibaba has confirmed plans to list its cloud computing business just months after an announcement that its operations would see the company split into six divisions. The Chinese ecommerce giant’s Cloud Intelligence Group is reportedly set for an IPO in the next 12 months ahead of further IPOs for shopping platform Freshippo and logistics firm […]
Cybersecurity company Lookout has announced (opens in new tab) the sale of its consumer mobile security business as it finalizes the transition to an enterprise-only organization. F-Secure’s acquisition, reportedly (opens in new tab) worth $223 million, will see the Finnish company almost triple its US market presence by tapping into the existing network that Lookout […]
Despite deepening its cloud offerings and playing with AI (among other things), Amazon says it remains committed to ecommerce and hopes to be your company’s go-to supplier for all things business supplies. The pandemic, which saw Amazon lay off more than 27,000 workers in a drastic reduction to its headcount, left many businesses turning to […]
New YouGov findings (via City AM (opens in new tab)), almost half (44%) of C-suite executives reckon AI could replace human jobs. The study of more than 1,000 business decision makers focused on the productivity benefits, whereby workers can free up more of their time to focus on what matters, however concerns have been risen […]
Intel is ready to pull the plug on its 5G business, as according to multiple sources, the company will not only exit the 5G (opens in new tab) business, but will also move towards exiting from the entire WWAN business in the next few years. 5G is just the first step on that journey. What […]
Virgin Media Business in the UK (VMO2) offers (opens in new tab) three months of free Voom Fibre business broadband (opens in new tab) to small businesses on both new and existing contracts. This offer applies to all Solus, Bundle, and Volt packages with a minimum term of 24 months; existing subscribers will still need […]
A large number of companies could be putting their data at risk by failing to properly secure their SaaS environments, new research from DoControl has warned. Its report (opens in new tab) found that large companies (between 1,001 to 6,696 employees) and medium companies (between 50 to 1,000 employees) store 5.5 million and 1.5 million […]
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