SAP’s cloud revenue jumps 20% as European software giant ramps up rivalry with Salesforce

The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. Ralph Orlowski | Reuters German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings performance in the third quarter. SAP’s third-quarter cloud revenue totalled roughly … Read more

Australia should change laws to accommodate crypto, its Senate committee says

A terminal to accept payments using bitcoins is displayed on the bar at the Old Fitzroy pub in Sydney, Australia. Cameron Spencer | Getty Images Australia needs to introduce new regulations for digital asset miners, such as tax discounts and a licensing regime for crypto exchanges, to be “competitive with Singapore, the UK and the U.S.”, a … Read more

Medtronic launches first-ever Open Innovation Platform in APAC – ET HealthWorld

Mumbai, India: Medical device maker, Medtronic announced the launch of) for APAC which will aid in strategic collaboration with various innovators across the healthcare ecosystem for developing healthcare through capability development, partnerships and business organizations networking in the areas of medical technology a nd digital health. The platform will enable Medtronic to explore and advance … Read more

Alibaba shares surge nearly 7% after Jack Ma appears in Europe and company releases new chip

Jack Ma, founder of Alibaba Group, attends opening ceremony of the 3rd All-China Young Entrepreneurs Summit on September 25, 2020 in Fuzhou, Fujian Province of China. Lyu Ming | China News Service via Getty Images GUANGZHOU, China — Alibaba’s Hong Kong shares rallied as much as 9% on Wednesday following reports that its founder Jack … Read more

Snap CEO Evan Spiegel says social media companies must take responsibility instead of waiting for laws

CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap CEO Evan Spiegel on Tuesday said that regulation is not a substitute for the moral responsibility that social media companies have over … Read more

‘We are on a war on combating greenwashing,’ says climate tech entrepreneur

A detail of the pilot carbon dioxide (CO2) capture plant is pictured at Amager Bakke waste incinerator in Copenhagen on June 24, 2021. – The goal is to be able to capture 500,000 tonnes of CO2 from Amager Bakke’s emissions by 2025. IDA GULDBAEK ARENTSEN | AFP | Getty Images A Swedish start-up that’s been … Read more

Amazon cloud storage challenger Backblaze files to go public

DeMarcus Cousins #15 of the LA Clippers talks to Assistant Coach, Roy Rogers of the LA Clippers before the game during Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021, at STAPLES Center in Los Angeles. Adam Pantozzi | National Basketball Association | Getty Images Backblaze, a company … Read more

NBA projects $10 billion in revenue as audiences return after Covid, but TV viewership is a big question

NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Garrett Ellwood | National Basketball Association | Getty Images Adam Silver was all smiles as he … Read more

Robotexts are flooding our phones, and the FCC is looking at ways to stop them

Federal Communication Commission Commissioner Jessica Rosenworcel testifies before the House Energy and Commerce Committee’s Communications and Technology Subcommittee in the Rayburn House Office Building on Capitol Hill December 05, 2019 in Washington, DC. Chip Somodevilla | Getty Images The Federal Communications Commission will soon look at a proposal to block robotexts, the agency announced Monday. … Read more

Lawmakers question whether top Amazon executives lied to Congress

Amazon Founder and CEO Jeff Bezos Mark Ralston | AFP | Getty Images Five members of the House Judiciary Committee sent a letter to Amazon CEO Andy Jassy questioning whether the company’s top executives misled Congress or lied under oath as part of a broad investigation into competitive practices at big tech companies. Reps. Jerrold … Read more