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9 hours ago
Cybersecurity company Fortinet suffers third-party data breach
Tech Monitor
The US-based cybersecurity company claimed that the incident did not affect its operations, products, and services. Fortinet has confirmed suffering a …
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11 hours ago
Mastercard to acquire Recorded Future for $2.65bn to boost cybersecurity services
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Mastercard claims the cybersecurity firm's takeover will augment its existing fraud prevention capabilities. Mastercard has agreed to acquire US-based …
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12 hours ago
OpenAI unveils new series of AI models to handle more complex queries
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OpenAI claims o1's demonstrates more advanced reasoning capabilities compared to its predecessors - even pausing to consider the solutions to knotty …
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12 hours ago
Adobe stock slips on bleak fourth quarter outlook
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The company, however, beats expectations and registers an 11% year-over-year (Y-o-Y) growth in revenue for the third quarter of fiscal year 2024 that …
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1 day ago
58% of finance functions using AI in 2024, finds Gartner survey
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Conducted in June 2024, the survey collected insights from 121 finance leaders to evaluate the extent of AI adoption in finance departments. The use …
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1 day ago
Samsung plans to slash overseas workforce by up to 30% in certain units
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The chaebol has directed its global subsidiaries to reduce their sales and marketing workforce by around 15% and cut administrative staff by up to …