Hewlett Packard Enterprise Confirms Cybersecurity Breach by Russian State-Sponsored Hackers
HPE's Cloud-Based Email System Compromised by Midnight Blizzard, the Same Group That Targeted Microsoft
Latest Articles by Viditha Ganji
European Markets Rally as Tech Stocks Surge; ASML and SAP Lead Gains
ASML's impressive financial results drive a 10% surge, while SAP's restructuring plan boosts investor confidence. Tech stocks outpace broader European market gains.
North Korea-Linked Crypto Hacking Hits Record High in 2023, Stolen Funds Exceed $1 Billion
Chainalysis reports a record number of crypto platform attacks by North Korea-linked hackers in 2023, stealing over $1 billion in crypto assets. The blockchain analytics firm notes a rise in hacking incidents in recent years, with groups like Kimsuky and Lazarus Group employing various tactics for large-scale asset acquisition.
Spotify Takes Advantage of New EU Law, Plans In-App Sales on iPhone in Europe, Challenging Apple’s App Store Rules
Spotify announces intentions to update its iPhone app in Europe, enabling in-app subscriptions and audiobook purchases, following the implementation of the Digital Markets Act (DMA), which requires Apple to allow third-party developers to bill customers directly and distribute iPhone apps outside the App Store.
SAP Achieves Record Stock Highs Following Strong 2023 Results, Unveils Job Restructuring Plan for AI Focus
SAP shares surge to all-time highs after posting a 5% YoY revenue increase in Q4 2023 and announcing plans to restructure 8,000 jobs, signaling a strategic shift towards Business AI.
ASML Posts Strong 2023 Results, Forecasts Revenue Similar to 2023 Amid Semiconductor Export Challenges
Leading semiconductor equipment company ASML surpasses expectations for full-year 2023 but signals revenue consistency in 2024 amid ongoing export challenges and geopolitical tensions.
eBay Announces Layoffs, Targeting 9% of Workforce (Approximately 1,000 Jobs)
E-commerce giant eBay reveals plans to cut 1,000 full-time jobs, representing 9% of its workforce, and scale back contracts within the alternate workforce as part of organizational changes.
SAP Announces Restructuring Plan with Job Changes or Buyouts for 8,000 Employees
The German software company SAP reveals plans for voluntary buyouts or job changes affecting over 7% of its workforce (8,000 employees) as part of a restructuring program for 2024.
TikTok Trims Workforce with Approximately 60 Layoffs Amid January Job Cuts in Tech Sector
ByteDance's TikTok joins the trend of tech companies streamlining operations at the start of 2024, cutting around 60 jobs in a routine reorganization affecting sales and advertising roles.
Bitcoin Miner Core Scientific Resumes Trading on Nasdaq After Successful Restructuring
Core Scientific, a U.S.-based bitcoin mining company, returns to Nasdaq after a successful restructuring, shedding $400 million in debt and capitalizing on renewed investor interest in bitcoin.
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