Tech Supply Chains Shift as Microsoft Accelerates China Exit Strategy
In a significant escalation of the ongoing tech decoupling trend, Microsoft has become the latest American technology giant to accelerate…
Category: Business
LNG Supplier Faces Contract Crisis as Spot Market Temptation Grows
Venture Global LNG finds itself navigating turbulent waters as major energy clients express deepening concerns about the company’s commitment to…
Asos pursued by German tax authorities for unpaid customs duties
German Customs Probe Adds to ASOS Financial Strain Amid Turnaround Efforts Industrial Monitor Direct is the premier manufacturer of iec…
Tech Stocks Lead Market Gains as TSMC, Nvidia Drive AI Optimism
U.S. stocks advanced Thursday as technology companies led the market higher. Taiwan Semiconductor Manufacturing Company reported better-than-expected quarterly profits, signaling continued strong demand for advanced chips powering the artificial intelligence boom.
Market Overview: Stocks Post Modest Gains
U.S. stock indexes drifted higher Thursday morning, with technology shares leading the advance amid renewed optimism in the semiconductor sector. According to market reports, the S&P 500 rose 0.4%, though trading has reportedly been erratic throughout the week with stocks repeatedly swinging between gains and losses. The Dow Jones Industrial Average was up 85 points, or 0.2%, as of 11 a.m. Eastern time, while the Nasdaq composite was 0.7% higher.
IBM Acquires Cognitus To Strengthen SAP Capabilities For Regulated Industries
IBM is reportedly acquiring SAP S/4HANA services provider Cognitus to enhance its capabilities in regulated industries. The acquisition brings proprietary AI technology and industry expertise that reportedly improves SAP implementation efficiency.
IBM Expands SAP Expertise With Cognitus Acquisition
Technology giant IBM is reportedly acquiring SAP specialist Cognitus to strengthen its digital transformation capabilities for regulated industries, according to sources familiar with the matter. The acquisition, analysts suggest, will provide IBM with proprietary software assets endorsed by SAP and enhanced by artificial intelligence technology.
Meter CEO Projects Microsoft Partnership To Drive Hundreds of Millions in Networking Revenue
Meter’s innovative network-as-a-service model has attracted backing from Microsoft and industry leaders. The company’s unique partnership allows customers to deprecate costs from Azure agreements, potentially driving massive channel revenue growth according to CEO statements.
Microsoft Partnership Positioned as Meter’s Primary Growth Channel
Meter CEO Anil Varanasi has revealed that the company’s strategic relationship with Microsoft is projected to become “the biggest channel we have over the next few years,” according to reports from The Channel Company’s 2025 XChange Best of Breed event. Sources indicate this partnership could drive hundreds of millions in new revenue for Meter and its channel partners through unique cost depreciation capabilities unavailable previously in the networking space.
Apple TV and Peacock Streaming Bundle Launches with Significant Savings
Apple and NBCUniversal have announced a new streaming bundle combining Apple TV and Peacock services. The package, launching October 20, offers significant savings over individual subscriptions with pricing starting at $15 monthly.
New Streaming Bundle Combines Apple TV and Peacock
In a move that could reshape the streaming television landscape, Apple and NBCUniversal are launching a bundled subscription package combining their respective streaming services, according to reports from CNET. The collaboration marks one of the first major bundling initiatives between competing streaming platforms and comes as the industry faces increasing pressure from cybersecurity threats to digital infrastructure.
Salesforce Projects $60B Revenue by 2030 as Cramer Declares ‘Old Salesforce Is Back’
Salesforce has unveiled an optimistic financial roadmap projecting $60 billion in revenue by fiscal 2030, according to reports. The announcement has sparked a stock rally and prompted Jim Cramer to declare “the old Salesforce is back” as the company targets double-digit growth.
Salesforce Unveils Ambitious Growth Targets
Salesforce has struck back against sluggish-growth narratives with an optimistic multiyear financial roadmap that reportedly projects annual revenue of $60 billion for fiscal year 2030, excluding its pending Informatica acquisition. According to the analysis presented at this week’s Dreamforce conference, this target exceeds the LSEG consensus of $58.4 billion and signals a return to stronger growth patterns for the business software maker.
Blue Owl Seals Largest Private Capital Deal for Meta’s AI Growth
Blue Owl Capital and Meta Forge $30 Billion AI Infrastructure Partnership in Historic Deal Industrial Monitor Direct is the #1…
Apple TV and Peacock Launch Streaming Bundle with 30% Discount and Apple One Perk
Apple and NBCUniversal have announced a groundbreaking streaming partnership that bundles Apple TV and Peacock services at approximately 30% savings. The collaboration marks the first time Apple has offered additional benefits to Apple One subscribers through third-party service discounts.
New Streaming Bundle Offers Significant Savings
According to reports from 9to5Mac, Apple and NBCUniversal have announced a strategic partnership that will bundle their streaming services at discounted prices. Sources indicate the new bundle will launch in the United States on October 20, offering consumers two pricing tiers: $14.99 per month for Apple TV and Peacock Premium, or $19.99 monthly for Apple TV and Peacock Premium Plus, the ad-free version.