infotech

Server Shipments Projected to Increase Slightly in 2024, Focus on AI Servers

The driving force behind server shipments in 2024 continues to be America-based Cloud Service Providers (CSPs), according to TrendForce. However, challenges such as high inflation...

Alibaba Cloud Offers Significant Price Cut to Add More Customers

Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba Group Holding, declared its most aggressive price reduction to date on Thursday. The decision...

Salesforce Posts Strong Financial Results Reflecting Increased Corporate IT Spending

Salesforce, the leader in customer relationship management (CRM) software, has announced robust financial results for its fiscal fourth quarter and full fiscal year, signaling...

Electronic Arts Announces Workforce Reduction Amid Restructuring

Electronic Arts, a leading player in the video game industry, has revealed plans to reduce its workforce by 5 percent as part of a...

HP Reports $13.2 bn in Q1 Revenue, Down 4.4% Amidst Decreased Customer Spending

HP, the technology company, announced its financial results for the first quarter of fiscal 2024, reporting revenue of $13.2 billion, a decrease of 4.4...

Canalys Reveals Dates and Locations for 2024 Global Channel Forums

Canalys, the independent analyst company renowned for its insights into the technology industry, has unveiled the itinerary for its highly anticipated 2024 global series...

Cognizant Asks India Employees to Work from Office

Cognizant, a prominent U.S.-based IT firm, has revealed plans for its India-based employees to return to the office at least three days a week,...

Public Cloud Spending in Europe to Reach $171 bn, Driven by AI Investments

Europe’s expenditure on public cloud services is projected to surge to $171 billion in 2024 and $298 billion by 2027, the International Data Corporation...

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