FREE INFORMATION TECHNOLOGY BLOG FOR PROFESSIONALS

Services march ever onward. Apple has just announced its financial results for Q2 2020, covering the period between January 1 and March 28, 2020. The company posted quarterly revenue of $58.3 billion. Read the full transcript of Apple's Q2 earnings call Press release: Apple Reports Record Second Quarter Results Total Revenue Grows, Services Revenue Reaches New All-Time High of $13.3 Billion April 30, 2020 04:30 PM Eastern Daylight Time CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2020 second quarter ended March 28, 2020. The Company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.55, up 4 percent. International sales accounted for 62 percent of the quarter's revenue. "Despite COVID-19's unprecedented global impact, we're proud to report that Apple grew for the quarter, driven by an all-time record in Services and ...

April 30, 2020   Week # 6 TRANSITION TO RECOVERY:  TECHNATION’s focus is quickly transitioning to enable the governments’ recovery phase through digital solutions.  Our many meetings with government stakeholders and push for greater visibility and access for our members related to government opportunities, is starting to pay off.  Governments are directly reaching out and seeking our input. To access incoming government opportunities (municipal, provincial and federal) please register your company on the TECH2GOV Innovation Exchange .  We currently have notification from the Government of Ontario for need of: Thermometers or alternative technologies to read body temperature such as thermal imaging cameras; Test kits; and A product or app that helps with social distancing. Next week we will be uploading a more extensive list of national, federal and provincial procurement requirements accessible for companies who have registered. We have added ...

Earlier this month, India officially launched its coronavirus contact tracing app named Aarogya Setu. Within weeks it has reached the milestone of 80 million downloads. Now, the government wants smartphone makers to pre-install the app in their devices. According to a report by Livemint, the Ministry of Electronics and Information Technology (MeitY) asked phone manufacturers to install the app by default in a meeting held yesterday. As per a release from the ministry, the meeting was attended by major smartphone makers such as Apple, Samsung, Xiaomi, Foxconn, and Wistron, along with several of the country’s manufacturing bodies. [Read: WhatsApp is mulling offering loans… This story continues at The Next Web from Tech – The Next Web https://ift.tt/3cZ8kdi via IFTTT

Information technology services management company ServiceNow Inc. today posted solid first-quarter earnings that comfortably beat expectations. The company further impressed investors when it said it’s confident that it will top $10 billion in annual revenue for the first time this year despite the economic damage caused by the coronavirus pandemic. ServiceNow reported a first-quarter profit before certain […] The post ServiceNow beats earnings target and offers confident long-term outlook appeared first on SiliconANGLE . from SiliconANGLE https://ift.tt/35fMXBX via IFTTT

Information Technology Blog - - Emergent Risks in 2019 Facing Financial Services - Information Technology Blog The security of financial information has always been a cause for concern. The data that the financial industry collects grows vastly every year. The financial sector has made significant advancements in terms of digital integrations. So much so that customers do not need to go to banks to transact physically. These advancements carry with them some risks. With time the risks keep on evolving. The regulatory bodies that keep an eye on the financial data always add new guidelines to avoid emerging risks. The preferred form of storage for financial data is in the cloud. Cloud storage requires a high level of cyber-security and continuous monitoring to ensure the information is secure. Maintaining a good cyber-security posture is vital to keeping malicious parties at bay. Malicious parties always try to breach the cloud infrastructure to steal personal information, authentic...

Puppet, the Portland-based infrastructure automation company, today announced that it has named former Cloud Foundry Foundation executive director Abby Kearns as its new CTO. She’s replacing Deepak Giridharagopal, who became CTO in 2016. Kearns stepped down from her role at the Cloud Foundry Foundation earlier this month after holding that position since 2016. At the time, she wasn’t quite ready to reveal her next move, though, and her taking the CTO job at Puppet comes as a bit of a surprise. Despite a lot of usage and hype in its early days, Puppet isn’t often seen as an up-and-coming company anymore, after all. But Kearns argues that a lot of this is due to perception. “Puppet had great technology and really drove the early DevOps movement, but they kind of fell off the face of the map,” she said. “Nobody thought of them as anything other than config management, and so I was like, well, you know, problem number one: fix that perception problem if that’s no longer the reality or...

SoftBank's Masayoshi Son has enjoyed a 40-year career in which he built SoftBank into one of the world's largest tech investors and became a billionaire in the process.  But Son is facing one of the biggest challenges of his career, with the $100 billion Vision Fund racking up billions of dollars in losses, large investments like WeWork underperforming and an activist investor targeting his stock. Business Insider spoke with more than a dozen people who have worked with Son, invested alongside him or across from him, or otherwise crossed paths with him, to understand what motivates him and how he might find his way out of his current predicament.  Click here for more BI Prime stories. Where did it all go wrong for Masayoshi Son? In 2017, Son, the founder and CEO of SoftBank, upended the tech establishment with the creation of the $100 billion Vision Fund, the largest venture-capital fund in history. Over the next two years, it would deploy $75 billion across 88 invest...