Software prices soar in 2022/2023, reports ITAM

According to research conducted by The ITAM Review, software prices increased in the fiscal year 2022/2023 because to COVID-19, rising energy costs, geopolitical insecurity, and rising inflation. The survey claimed some of the significant price hikes have occurred in cloud computing and corporate software. In some countries, for example, IBM has raised the price of […]

Governments compete to attract chipmakers with subsidies

In a race to reduce reliance on overseas suppliers, governments around the world are pouring billions of dollars into subsidies to attract chipmakers to build domestic factories. Intel Corp., which recently announced a combined investment of more than $50 billion in new operations in Poland, Germany, and Israel, is one of the benefactors of this. […]

Netskope releases AI-powered tool to help securely use ChatGPT

Netskope has released a new tool that helps enterprises securely use ChatGPT and other generative AI applications. The tool uses data insights to determine whether employees should be allowed to use ChatGPT, and it can also block inputs that contain sensitive data or code. Netskope’s new application helps organizations effectively manage and protect their data. […]

AI-based apps pose security risks, says Astrix

According to Astrix Security Research Group, the increased usage of AI-based applications has prompted worries among security executives, who are concerned about the possible hazards associated with unvetted apps being connected to vital corporate systems. The use of ChatGPT, a generative-AI tool, in particular, has resulted in data leakage at Samsung. Employees used the app […]

TikTok Chief Operating Officer, V. Pappas resigns

V. Pappas, the chief operating officer of TikTok, has resigned after nearly five years with the company. Pappas announced the resignation in a memo posted to Twitter, stating that the “time is right to move on and refocus.” In their memo, Pappas expressed gratitude for the accomplishments achieved during their tenure at TikTok. They emphasized […]

Generative AI job postings soar 20% in U.S.

The demand for generative AI jobs is surging in the United States, according to data from job portal Indeed. In May 2023, job postings for generative AI roles jumped 20% from the previous month. This is more than double the level of job postings for generative AI roles in previous years. According to Indeed, the […]

Missing SAP solid-state drive (SSD) disks found on eBay

SAP is facing a security investigation after one of its four missing solid-state drive (SSD) disks was found on eBay, where it was purchased by an SAP employee. The disks went missing from its datacenter in Walldorf, Germany, in November of last year, and it contained personal records of over 100 SAP employees. An investigation […]