Organizations risk losing employees as household budget needs are prioritized The challenging financial circumstances faced by many Australians have led to increased job search behaviour, with employees seeking better pay packets to address their household budget needs. Despite a slight decrease in business confidence and consistent employee perceptions of job…
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EDB and IMDA supporting digital economy and sustainability goals Singapore’s Economic Development Board (EDB) and Infocomm Media Development Authority (IMDA) have announced the awarding of approximately 80 MW of new capacity to four data centre operators through the pilot Data Centre – Call for Application (DC-CFA) exercise. This move is…
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This ruling calls for congressional clarity In a significant legal victory, Ripple Labs, the company behind the XRP cryptocurrency, has emerged triumphant in its case against the US Securities and Exchange Commission (SEC). The ruling, which states that the open market sales of XRP do not qualify as a security,…
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Cisco is on a mission to transform the economics and sustainability of the internet The recently released Cisco Broadband Survey has shed light on the evolving needs and priorities of consumers in Europe, the Middle East, and South Africa (EMEA) regarding broadband connectivity. The survey highlights the growing importance of…
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Top 25 global banks experience a 3.8 per cent increase indicating market recovery The aggregate market capitalization (MCap) of the top 25 global banks has witnessed a growth of 3.8 per cent to reach $US3.3 trillion during the second quarter (Q2) ended on 30 June 2023, according to GlobalData, a…
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Threat actor exploits vulnerability to deliver backdoor, highlighting cybersecurity risks Microsoft has recently uncovered a sophisticated phishing campaign conducted by a threat actor known as Storm-0978, which specifically targeted defence and government entities in Europe and North America. The campaign involved the exploitation of a remote code execution vulnerability (CVE-2023-36884)…
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GenAI poised to enhance efficiency, patient outcomes, and personalized care GlobalData, a leading data and analytics company, asserts that the adoption of generative artificial intelligence (genAI) in the pharmaceutical and healthcare sectors holds immense potential to address challenges related to high costs and poor patient experiences, while simultaneously enhancing efficiency…
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M&A, private equity, and venture financing deals all experience year-on-year decline The first half of 2023 saw a significant decline in global deal activity, with a total of 28,151 deals (including mergers & acquisitions (M&A), private equity, and venture financing deals) announced, marking a 23.7 per cent decrease compared to…
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Xero leads the way as demand for cloud-based solutions surges According to the latest IDC Market Share report titled “Asia/Pacific (excluding Japan) Financial Applications Market Share, 2022,” Xero has emerged as the leader in the Asia/Pacific (APeJ) financial applications market for SMB and midmarket segments. The region witnessed a substantial…
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Focusing on renewable energy and smart grid solutions BrightSource Energy, Inc. (BSE), a global leader in concentrated solar thermal power (CSP) technology, has announced the spin-off of its Israeli, UK, and South African subsidiaries, paving the way for the formation of New BrightSource Energy LTD (New BrightSource). Under the leadership…
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