Cloud computing is the engine behind the phenomenal growth of the big 4 U.S. Tech firms

With an estimated market value of $14.4 billion for 2017’s third quarter, here is how the cloud computing is making a difference and becoming a phenomenon that is driving business growth. With the majority of big U.S. tech companies, including Alphabet’s Google, Amazon, Microsoft and Intel, sinking in big money in the cloud computing business,…

GE’s Predix platform set to deepen its relationship with Microsoft

Later today, GE and Microsoft are set to announce a deepening of their partnership revolving around GE’s industrial internet platform and Microsoft’s Azure cloud platform. As a result, GE will be in a better position to tap the vast majority of industries who use Microsoft’s software.   A senior executive from GE has disclosed that…

Microsoft’s highly internal secret database of bugs had been hacked in 2013

Microsoft’s internal database contains description of vulnerabilities of its widely used products, including its Windows operating system. This treasure trove of critical information, guarded by just a password, was accessed by hackers in 2013. According to 5 former employees of Microsoft, a highly sophisticated group of hackers had managed to break into Microsoft’s network security…

Google, Facebook, Twitter and Microsoft confirm Russian involvement in 2016 U.S Presidential election campaign

U.S. investigators are gradually piecing together how the Kremlin orchestrated its disinformation campaign using U.S. platforms to influence the 2016 U.S. Presidential campaign. As per a person briefed on Google’s probe on Russian involvement in the 2016 U.S. elections, Google has discovered that Russian agents had spent tens of thousands of dollars on ads on…

Apple’s devices to have Alphabet Inc’s Google has Siri’s default search engine

Google’s gain is Microsoft’s loss. Microsoft will now focus on increasing Bing’s footprint in the PC market. Satya Nadella, Microsoft Corp’s CEO, said Bing, the company’s search engine, will focus on expanding its footprint in the PC market as opposed to the mobile market. The announcement comes in the wake of Microsoft losing its deal…

Most business underinsured in cyber insurance market

As per Lloyd’s of London report, a hypothetical cyberattack could cause widespread damage ranging from $4.6 billion to $53 billion, with a significant portion of it being unrecoverable due to companies being underinsured. A report filed by Lloyd’s of London states that a major global cyberattack could trigger an average economic loss of $53 billion,…