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Amazon's $2 billion loss explained and 4 key takeawas from its earnings

Amazon reported a $2 billion net loss in Q2. That was due to a collapse in the value of its stake in electric vehicle maker Rivian – which cost Amazon $3.9 billion in non-operating expense. That’s a painful figure. A $79 billion sales run rate at a robustly growing

Meta’s “Horizon” virtual world may be about to explode. Here's why

Meta's burning through billions building a "metaverse" -- it might be about to start getting users too...

Hackers switch to ISO, RAR, LNK, as Microsoft blocks Macros

"One of the largest email threat landscape shifts in recent history"

Chief Data Officers, heads-up: Astra Streaming is a data gamechanger

"There's a lot of valuable data in these messages and today that's just evaporating off..."

Microsoft layoffs cost it $113m in Q4: That's just 5 hours' earnings

Redmond made $6,000 per second in fiscal 2022.

T-Mobile hack to cost it $500m after class action settlement

That's the 2021 data breach, not the 2022 one...

Google 0day bug exploited in wild to target journos. Others vulnerable to upstream bug

Journalists targeted, Israeli firm "Candiru" blamed

Investment Bank boards urged to get a grip on technology risk

"Your CEOs may need to start making different types of phone calls..."

SAP to hike prices as inflation bites: Cloud surges, profits tumble

SAP CEO Christian Klein has confirmed to investors that the company will put up prices within the coming months, possibly sooner, as it reacts to broader inflationary pressures. He made the comments in the Q&A on a Q2 earnings call, as SAP confirmed that cloud had become its

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