AI Adoption and IoT Proliferation Fuel 82% Spike in DDoS Attacks in 2024
New data reveals growing frequency and sophistication of DDoS attacks – costing businesses nearly a quarter million dollars per attack Zayo Group, a leading global communications infrastructure provider, today released its biannual Distributed Denial of Service (DDoS) Insights Report, revealing a
As Amazon MGM secures creative control of 007, Cavill supporters flood Jeff Bezos’s call to pick next Bond
In a move that has sent ripples through Hollywood, Amazon MGM, in partnership with long-time James Bond producers Michael G. Wilson and Barbara Broccoli, has formed a joint venture to oversee the rights to the iconic 007 franchise.Although all three
Jobs axed at second-fastest pace since global financial crisis, PMI survey shows
British businesses cut jobs last month at a rate not seen outside the pandemic since 2009, as many companies looked to head off the impact of higher employment taxes and the rise in the National Living Wage due in April.New
Global jobs slump at two-decade low, warns Hays boss, as hiring freeze persists
The global employment market is mired in its longest downturn in more than 20 years, according to Dirk Hahn, chief executive of Hays, Britain’s largest listed recruitment group.“I’ve been in this business for 27 years and have never seen a
Palantir stock continues slide on Thursday: why these analysts remain bullish
Palantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s 10% drop, which marked its worst trading day since May. The sell-off came after shares briefly reached an all-time high earlier in
Microsoft unveils Majorana 1 chip, boosting quantum stocks: here’s what you need to know
Microsoft announced a significant milestone in quantum computing with the unveiling of its Majorana 1 chip, a development that sent shares of quantum computing companies higher on Thursday. The breakthrough marks a key step in Microsoft’s 17-year research effort and
Franklin Templeton rolls out “EZPZ” Bitcoin and Ether ETF
Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), an exchange-traded fund holding both spot Bitcoin and Ether, the asset manager announced on February 20. This marks the second cryptocurrency index ETF to hit the US market, following Hashdex’s
Dow sinks over 400 points, S&P retreats from highs amid Walmart scare
Stocks fell on Thursday, but losses were pared after an early sell-off. The major averages remained in negative territory, though they recovered from their session lows. The S&P 500 dropped as much as 1% in early trading but finished the day
Asia-Pacific markets mixed as Japan inflation data, Trump tariff threats weigh on sentiment
Asia-Pacific markets traded mixed on Friday as investors reacted to Japan’s inflation hitting a two-year high and weighed the potential impact of renewed tariff threats from US President Donald Trump. While some regional indexes posted gains, concerns over tightening monetary
Meta executives eligible for 200% salary bonus under new pay structure
Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percentage for