IT spending will grow in 2025, but the rate of growth isn’t hugely more than that of 2024 Data center systems are by far the biggest driver for growth in the market Businesses are worried about global economic uncertainties Global IT spend is projected to reach $5.43 trillion in 2025, new research has claimed, marking…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley reported a 15 per cent increase in second-quarter profits, boosted by higher revenues at its flagship wealth management business and gains at its trading division. The bank on Wednesday reported net income of…
Episource suffered a cyberattack in late January 2025 Sensitive data on 5.4 million people was taken The company is now notifying affected individuals American healthcare data giant Episource has begun notifying its customers about a February 2025 data breach in which their sensitive information was stolen. Episource is a healthcare data and technology company that…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s official government auditor has questioned the Ministry of Defence’s handling of a huge data leak that endangered thousands of Afghan nationals and was kept secret for two years. The National Audit Office, an…
Consentik, a cookie consent & consent management app for Shopify, kept sensitive data in an open archive The archive was available for at least 100 days, if not more It included site analytics data, Shopify Personal Access Tokens, and Facebook Auth Tokens A major, reputable Shopify plugin, was leaking sensitive information for months, exposing hundreds…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bank of America notched up better than expected profits in the second quarter as the US lender expanded its deposit base and loan book and benefited from robust Wall Street trading activity. The group’s net…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Profits at Goldman Sachs rose more than a fifth in the second quarter, as a surprise rally in investment banking added to a record period for the US bank’s equity traders. The Wall Street group…
Represent’s first London store debuted on Saturday and based on the label’s track record, could be set to be another win after its Los Angeles and Manchester stores. Yet the company couldn’t be accused of rushing into a London location as it’s been looking for just the right spot for around four years. In the…
Bedrock Robotics, led by a veteran of Alphabet Inc.’s autonomous tech unit, is emerging from stealth with $80 million and plans to make heavy construction equipment work around-the-clock without human operators. A team of engineers from self-driving robotaxi leader Waymo is eyeing another huge market to automate: construction equipment. Last year, Boris Sofman, previously a…
Meta AI was assigning unique identifiers to prompts and responses The servers were not checking who had access rights to these identifiers The vulnerability was fixed in late January 2025 A bug which could have exposed user’s prompts and AI responses on Meta’s artificial intelligence platform has been patched. The bug stemmed from the way…
