Snowflake, the company behind the AI Data Cloud, today reported results for the first quarter of fiscal 2027, delivering the largest quarterly dollar growth in the company’s history. Total revenue reached $1.39 billion, up 33 percent year-over-year, while product revenue was $1.33 billion, a 34 percent increase. Snowflake also raised its full-year product revenue guidance, … Read more

NBN Co and its technology partners have set a new world record for long-range millimetre-wave (mmWave) 5G transmission. The Australian network operator worked with Ericsson, Qualcomm Technologies, and Casa Systems to achieve a stable mmWave 5G link covering 7.3 kilometres while delivering near-gigabit throughput. Gavin Williams, Co-Chief Development Officer, Regional and Remote at NBN, said: … Read more

Global smartphone shipments to end users increased 6.7% year over year to 366.2 million units in the second quarter of 2017, according to Gartner’s latest analysis. Samsung remained the largest vendor, with market share essentially unchanged from Q2 2016 to Q2 2017: 22.5% versus 22.4%. The South Korean company shipped 82.5 million units in the … Read more

A new report from CyberArk, now part of Palo Alto Networks, reveals that AI and machine identities are rapidly reshaping enterprise attack surfaces across EMEA. At the same time, identity-related breaches are on the rise and many organizations still lack automated security processes to manage the growing risks. Research from CyberArk finds that AI and … Read more

(Image Credit: iStockPhoto/Oinegue) The UK telecommunications regulator Ofcom has announced plans to position the country at the forefront of the Internet of Things (IoT). Working with industry and government, Ofcom aims to build a regulatory environment that encourages investment and innovation to accelerate the deployment of connected devices. Steve Unger, Acting Ofcom Chief Executive, said: … Read more

A new international report from Barracuda Networks reveals that half (50 percent) of companies in the Nordic region experienced one or more successful ransomware attacks during a twelve-month period. Globally the figure is even higher — 57 percent. The report also finds that 10 percent of Nordic companies suffered three or more attacks in the … Read more

President Trump has extended an executive order that prohibits US companies from using Huawei telecommunications equipment, keeping the restriction in place until at least May 2021. Originally issued last year, the executive order bars US firms from procuring or using Huawei gear over alleged national security concerns. Although the renewed order does not explicitly name … Read more

XPENG has revealed new details about X World, its AI-driven simulation platform designed to train and validate next-generation intelligent driving systems. The company also introduced X Cache, an acceleration technique that XPENG says can boost AI simulation efficiency by up to 2.7x. Together, these technologies support the development of XPENG’s VLA 2.0 architecture and the … Read more

(Image Credit: iStockPhoto/studiocasper) Competition in the Low Power Wide Area (LPWA) sector that supports the growth of the Internet of Things (IoT) is intensifying. In recent years, a number of niche, industry- and technology-specific solutions have emerged using unlicensed spectrum. While these approaches have accelerated deployments, they also created fragmentation, interoperability challenges, and security concerns. … Read more

Nexer Group has appointed Jonas Karlsson as Head of Finance, effective December 16. His extensive experience and expertise in financial strategy and leadership will further strengthen the group’s finance team. Experience and background Jonas Karlsson joins us from Christian Berner Group, where he served on the executive team as Chief Financial Officer. Previously he was … Read more