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Extra $800m energy costs zap Microsoft earnings forecasts

Rising energy costs will sting Microsoft for $800 million this financial year according to the firm, as it saw slightly slower growth of its Azure cloud business in its Q1 results. In its earnings call CFO Amy Hood noted Microsoft's energy costs will escalate throughout the year, saying

AWS and BlackBerry are playing the long game with "IVY"

"Fundamentally undifferentiated heavy lifting" is not much of a sales pitch, but...

Goldman Sachs puts tech-led "Platform Services" at heart of restructuring

Goldman Sachs wants to be a fintech, consolidates firm-wide tech offerings...

Bank of America’s $3 billion in annual IT spending is paying off -- and growing double-digits

CEO Brian Moynihan: "Our technology spending will go up 15% this year"

Morgan Stanley CEO James Gorman: “I'm perfectly happy to see our tech spend go up”

Cloud, robo-advisors among priorities...

With “Project Frontier” Dell wants to own the Edge value chain

Dell aims to push up the OT and edge value chain...

Advanced confirms attack was LockBit 3.0 ransomware, legitimate creds used

No insight into how credentials were obtained...

Eliot Horowitz wants to start a robotics revolution with Viam

Former MongoDB co-founder's latest brainchild launches public beta

Here's why Intel’s UEFI source code leak is a genuine security concern

Intel late Sunday confirmed that proprietary UEFI code had been leaked in a potential serious security breach. The Intel Alder Lake source code was leaked to 4chan and Github – as first reported by Tom’s Hardware – as a 6GB file containing sensitive tools and code for building and optimising BIOS/

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