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Many businesses paying a ransomware demand don’t get their data back
Tech News

Many businesses paying a ransomware demand don’t get their data back

Paying ransom demands has actually become less effective, Veeam study claims Ransomware attacks cost businesses millions Having alternative infrastructure can reduce downtime New research has claimed fewer and fewer companies are actually getting their data back after paying ransom demands, making them even more costly when it comes to full recovery. The survey by Veeam […]

Explosive growth in AI chips puts Nvidia on top, while hidden risks threaten the future stability of global semiconductor demand
Tech News

Explosive growth in AI chips puts Nvidia on top, while hidden risks threaten the future stability of global semiconductor demand

Nvidia accelerators remain the company’s strongest revenue driver through 2028 Hyperscaler spending could exceed $450 billion annually by 2027 Growth in AI hardware is already showing signs of slowing New predictions have claimed Nvidia’s AI-related sales could approach $400 billion by 2028, a projection that shows the scale of demand but also raises questions about […]

Compact cameras are making a comeback as demand for Nikon Coolpix soars by over 8,000% – and it’s little to do with cameras
Tech News

Compact cameras are making a comeback as demand for Nikon Coolpix soars by over 8,000% – and it’s little to do with cameras

It’s 2024, and retro-styled digital cameras like the new Fujifilm X100VI are very much in, but research by musicMagpie has delivered surprising findings about the genuinely retro tech that people are really searching for online. While film photography is certainly in vogue, with Gen Z turning to point-and-shoot cameras like the Kodak Ektar H35, it […]

The Pokémon Company apologizes and blames “overwhelming demand” for its Van Gogh collab stock issues
Tech News

The Pokémon Company apologizes and blames “overwhelming demand” for its Van Gogh collab stock issues

The Pokémon Company says it is “actively working on ways” to restock its Pokémon x Van Gogh Museum collection after scalpers promptly cleaned out the limited edition items. Citing “overwhelming demand”, the company apologized for disappointing fans who had missed out and said it would let them know about restock options “at a later day”. […]

Global cloud revenues hit new high as SaaS demand booms
Tech News

Global cloud revenues hit new high as SaaS demand booms

Global cloud revenue grew 22.9% year-on-year in 2022 to a new high of nearly $550 billion, new resarch has found. Most notable was the Software-as-a-Service (SaaS) Applications sector, which accounting for nearly half (45.1%) of global cloud’s total revenue last year, representing more than double that of Infrastructure-as-a-Service (IaaS) in second place at 21.2%. The […]

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