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It is no surprise that the COVID-19 crisis has gravely affected the mental health and well-being of employees. Business priorities and goals all over the world have drastically changed, with key challenges being to keep the business afloat, as well as manage the safety and security of employees.
The social distancing measures implemented by governments within the Middle East region have made people more isolated and uncertain. Homes have turned into offices, playgrounds, gyms, and schools, and changes due to health threats and job losses are not helping to make the situation better. Moreover, in the fast-moving consumer goods (FMCG) industry, our frontliners had to leave the safety of their homes, and make sure that the food is produced and displayed on the shelves of
“What I have tried to do with my work is to make baseball more fun,” The Bill James Newsletter, 1985 as quoted in Moneyball, by Michael Lewis
Five forces are critical to driving any infrastructure initiative. Ignore the push or pull of any one of these forces and you weaken your effort, or go nowhere – respect their power and you drive forward. My wife, Ingrid, criticized me over the weekend: “You think about everything in terms of infrastructure.” “But how else are we going to save the country,” I responded. Tunnel vision. But I think that – right now – that is maybe not be a bad thing. This is an extraordinarily chaotic period, we are in what seems like the eye of the hurricane – the next 12 months are likely to be one of
As we move deeper into the pandemic, companies are realizing that the remote work habits that are de facto today will likely persist to become a major part of the way they work in the post-COVID world. Technology will play a big role in this new environment, but the way companies rebuild themselves around the technology may be even more important.
That was the topic of discussion at one round table during Fast Company‘s Impact Council annual meeting on June 30. The panel, moderated by Fast Company technology editor Harry McCracken, included Box CEO Aaron Levie, Visible CEO Miguel Quiroga, Threshold Ventures partner Heidi Roizen, Infoblox CEO Jesper Andersen, Pfizer chief digital and technology officer Lidia Fonseca, Emerald One CEO Laverne Council, and Vince Campisi of Raytheon Technologies.
When the pandemic began, much of the focus was on the technologies that we suddenly needed to enable working from home.
Days after the US Government took steps to disrupt the notorious TrickBot botnet, a group of cybersecurity and tech companies has detailed a separate coordinated effort to take down the malware’s back-end infrastructure.
The joint collaboration, which involved Microsoft’s Digital Crimes Unit, Lumen’s Black Lotus Labs, ESET, Financial Services Information Sharing and Analysis Center (FS-ISAC), NTT, and Broadcom’s Symantec, was undertaken after their request to halt TrickBot’s operations were granted by the US District Court for the Eastern District of Virginia.
The development comes after the US Cyber Command mounted a campaign to thwart TrickBot’s spread over concerns of ransomware attacks targeting voting systems ahead of the presidential elections next month. Attempts aimed at impeding the botnet were first reported by KrebsOnSecurity early this month.
Microsoft and its partners analyzed over 186,000 TrickBot samples, using it to track down the malware’s command-and-control (C2) infrastructure employed to communicate with the victim
A new model of competitiveness devised by academics at Goldsmiths, University of London in partnership with Microsoft scores almost half (46%) of UK firms in the lowest quadrant, posing a threat to Britain’s prosperity as organisations rally from the impact of COVID-19, and prepare for Brexit as UK-EU negotiations reach their conclusion.
The research finds that more than half (54%) of UK organisations surveyed have seen a decrease in revenue this year compared to last year, with more than one in five (22%) experiencing a drop greater than 15%. The same proportion (22%) had to scrap an existing business model within days of entering the UK’s first lockdown, and 45% of leaders surveyed expect their current business model will cease to exist in 5 years’ time – an increase of 12% over the past year.
However, the model also identifies minimal, rapid changes that UK organisations
These days when you found a startup, you don’t go out and buy a rack of servers. And you don’t build an in-house datacenter team. Instead, you farm out your infrastructure needs to the major cloud platforms, namely Amazon AWS, Microsoft Azure and Google Cloud.
That’s all well and good, but over time any startup’s cloud setup will become more complex, varied and perhaps multi-provider. Throw in microservices and one can wind up with a big muddle, and an even bigger bill. That’s the problem that Yotascale wants to attack.
And there’s money backing the startup’s progress, including $13 million in new capital. The round, a Series B, was led by Aydin Senkut at Felicis with participation from other capital pools, including Engineering Capital, Pelion Ventures and Crosslink Capital. Yotascale has now raised $25 million in total.
The funding event caught my eye, as I’ve heard startup CEOs discuss their
The European Union plans to impose new and stricter regulations on a “hit list” of 20 large internet companies — including Google, Facebook, Amazon, and Apple.
EU regulators, who are seeking new powers to police Big Tech in Europe, are currently drawing up that “hit list.” The companies will be subject to more stringent rules in an effort to curb their market power.
The list of rules will be based on criteria such as the number of users a company has, or the market share of revenues, according to The Financial Times. It could also include technology companies deemed so powerful that rivals can’t trade without using their platforms.
Companies that find themselves on the list may face new rules that could force them to be more transparent about the information they gather and regulations requiring them to share data with their competitors. It’s likely that the list will
The friction shows the difficulties the government faces in translating its national-security agenda into the real world, where influential industries have developed deep ties to China over many years.
Congress and the Trump administration say the measures are necessary to lessen U.S. reliance on a strategic rival that could sabotage, hack or withhold important technology. Some U.S. companies argue that the restrictions will cost tens of billions of dollars and in some cases won’t improve national security.
“We are broadly supportive of the spirit” of a law imposing new restrictions for federal contractors, Wesley Hallman, head of strategy and policy at the National Defense Industrial Association, said in an interview, adding that “some suspicion of Chinese components” is warranted.
But “if you were to apply this law very broadly in the way it is written,” he said, “just about all contractors doing work with the federal government, they would have
MORGAN HILL, CA / ACCESSWIRE / October 12, 2020 / Mitre Medical Corp. (“Mitre” or “company”) is an early-stage medical device company developing the Mitral Touch®, a less invasive and safer approach to treat functional mitral valve regurgitation (FMR) and remodel the left ventricle (LV). Mitre is pleased to announce that the company will be presenting at and participating in the U.S.-Japan cross-border event, MedTech Emerging Growth Companies 2020 Virtual Roadshow. Details about the event are as follows:
This year the MedTech Emerging Growth Companies 2020 Virtual Roadshow will introduce over 20 emerging U.S. medical technology companies to Japanese business, financial, academic, and government experts. The event is a collaboration between the Japan Society of Northern California and US-Japan Medtech Frontiers. The virtual conference will feature thematically grouped company presentations followed by online networking sessions with presenters.
“We are excited to follow-up on the success of last year’s conference. The
(Bloomberg) — Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of listings said.
Companies from the technology and biotechnology sectors could continue to fill the IPO pipeline in the near future as Covid-19 has boosted investments in research and development, Hong Kong Exchanges & Clearing Ltd.’s Head of Listing Bonnie Chan said in an interview on Friday.
“We thought 2020 would be a disappointment, but it has turned out to be a busy year,” Chan, 50, said. “I believe the IPO rush will continue.”
Hong Kong this year has seen a rush of listings from Chinese companies including JD.com Inc. and Netease Inc., which are selling shares