Category: Technology

December 18, 2023 BY Nick Ranga

IBM to acquire two data platforms from Software AG for $2.3bn

The transaction is contingent on customary closing conditions and regulatory approvals, with completion expected in Q2 2024. This strategic move aligns with IBM's ongoing efforts to enhance its technological capabilities and expand its footprint in the enterprise software domain. Rob Thomas, Senior Vice President, Software and Chief Commercial Officer, IBM, noted: Together with IBM's Watsonx.ai and…

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December 06, 2023 BY Elizabeth Anderson

Apple kicking back against universal charging port

This guideline requires that all smartphones, which include existing iPhones, feature a universal charging port to cut consumer costs and reduce e-waste. Continued discussions on the matter pushed manufacturers in India to comply with this arrangement by June 2025, which is six months later than the agreed deadline for Europe. Estimates show this move can…

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December 01, 2023 BY Elizabeth Anderson

Plum partners with Eurobank as it eyes Greek expansion

Plum CEO Victor Trokoudes expressed enthusiasm over the strategic partnership with Eurobank and the company’s excitement to supercharge its rollout in Greece. Customers in the region will now be able to access Plum’s fully digital wallet and tap into a range of class-leading financial services. Trokoudes added: This is a huge milestone for Plum, giving…

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December 01, 2023 BY Elizabeth Anderson

Google and Apple systems attacked by browser-lurking bugs

Researchers have noted that, due to Apple’s updated support for all iOS, macOS, and iPadOS versions, the bug may have been targeted at archaic Apple systems, presenting itself as CVE-2023-42916 and CVE-2023-42917. In a press release, the tech mega-giant stated: Apple is aware of a report that this issue may have been exploited against versions…

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November 30, 2023 BY Elizabeth Anderson

Nuvei launches card issuing solution in 30 European markets

Nuvei CEO Phillip Fayer said he was committed to “finding new ways” to unlock the potential of its growing client base, while also making its own offerings more appealing to a wider audience. The new card issuing solution will operate as an additional module on Nuvei’s cutting-edge tech platform. Fayer added: This solution has practical…

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November 23, 2023 BY Elizabeth Anderson

Altman returns as OpenAI CEO

The innovators of ChatGPT responded by headhunting and hiring Emmett Shear, the former head of the Twitch streaming site. This debacle led to 700 employees putting their names to paper, threatening to leave the company and join Microsoft (MSFT.O) if Altman was not reinstated. The newly appointed interim CEO Mira Murati took to X (formerly…

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November 23, 2023 BY Elizabeth Anderson

Broadcom scoops up VMware for $69bn after Chinese regulatory approval

The $69bn deal is one of the biggest in the international tech arena and became public knowledge in May 2022. This announcement triggered worldwide regulatory scrutiny, starting a lengthy back-and-forth before obtaining the go-ahead from China and the European Commission. China gave its stamp of approval on Tuesday, which effectively dotted and crossed all requirements.…

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