Companies across several industries were hit on Friday by a global tech outage tied to Microsoft’s Azure cloud platform and a software issue.
Read More What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Category: Tech
Global tech outage disrupts industries, highlights online risks
A worldwide tech outage crippled industries from travel to finance on Friday before services started coming back online after hours of disruption.
Read More Global tech outage disrupts industries, highlights online risks
Nokia reports 32% drop in profit but sees recovery in 2nd half
The Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
Read More Nokia reports 32% drop in profit but sees recovery in 2nd half
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
Read More US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Exclusive: FTC seeking details on Amazon deal with AI startup Adept, source says
The FTC has asked Amazon to provide more details on its deal to hire top executives and researchers from AI startup Adept.
Read More Exclusive: FTC seeking details on Amazon deal with AI startup Adept, source says
Apple at all-time high after Morgan Stanley calls stock ‘top pick’ for AI efforts
Apple’s shares rose 2.5% to a record high on Monday after Morgan Stanley cited the company’s AI efforts as a boost to device sales.
Read More Apple at all-time high after Morgan Stanley calls stock ‘top pick’ for AI efforts