Intelligent Demand Programme Generates $768 Million
Westcon-Comstor, a global technology provider and specialist distributor, announces that its Intelligent Demand (ID) programme, which harnesses data to uncover growth opportunities for channel partners, has generated $768 million in additional revenue for partners in FY24 – up 70% on the previous year’s figure of $450 million. Leveraging predictive analytics
Read moreEQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation
Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (which resell services to consumers) and corporate IT teams. The size
Read moreUK data watchdog to fine NHS vendor Advanced for security failures prior to LockBit ransomware attack
The ICO issued the provisional fine in "failing to implement appropriate security measures prior to the attack." © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreJumia plans to raise more than $100 million in secondary shares to drive stalled user growth
African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market. Given Jumia’s share price of around $5.70 when the stock market opened on Tuesday, the e-commerce
Read moreAirbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’
Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,” guest services and more. The company positioned the upcoming offerings as a way for Airbnb to grow its revenue by
Read moreReddit to test AI-powered search result pages
Reddit users will soon see AI-generated summaries at the top of search results. Reddit co-founder and CEO Steve Huffman told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” He noted this will help users “dive deeper”
Read moreRivian lost $1.46B in Q2 as it drives toward a VW-linked future
Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost-efficient versions — a sign of just how much the company could use the $5 billion it could get as part of a recently announced deal
Read moreGoogle Assistant lives to automate another day
With new Pixel devices just over the horizon, Assistant’s days on Android may still be numbered. For the time being, however, it still has a place on the home. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreAmazon upgrades its AI image generator
Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply called Titan Image Generator v2, the new model brings with it several new capabilities, AWS principal developer advocate Channy Yun explains in a blog post. Users
Read moreX is getting closer to launching its payment service
X (formerly Twitter) appears to be making progress on its upcoming payments system, bringing it closer to Elon Musk’s vision of turning X into an “everything app.” According to a recent finding by app researcher Nima Owji, the company is working on adding a “Payments” button to the navigation bar
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