The Bulletin
3H
Celonis hits $2.5 billion valuation
Data mining leader Celonis has received a new cash injection of $290 million. The company is now worth $2.5 billion. Its Series C funding round was led by Arena Holdings. Celonis uses AI to mine data and optimise business processes for clients including Siemens, Airbus and Vodafone. The Germany firm was only founded in 2011 after starting life as a college project.
4H
Xerox threatens hostile HP takeover
The Xerox and HP merger story rumbles on. Xerox has now written to HP, threatening to go directly to its shareholders and force through an acquisition. HP rejected Xerox's formal approach for a $33.5 billion takeover at the beginning of the week. "Xerox will take its compelling case to create superior value for our respective shareholders directly to your shareholders," the letter read.
4H
Verizon and Snap to partner on 5G augmented reality features
Both Verizon Communications Inc and Snap Inc have today confirmed that they will partner to develop 5G augmented reality features and experiences. As part of the deal, Verizon will preload the Snapchat app on select 5G phones. The partnership is part of a wider and aggressive marketing push to get customers to use 5G networks, a technology that can offer users 20x faster speeds than 4G.
8H
Trump to 'look into' further Apple tax waivers
Apple could receive more tax waivers from the U.S. government. During a tour of Apple's Mac Pro facility in Austin, Trump said he would "look into" further exempting Apple from a coming round of U.S. trade tariffs. Whilst the Trump administration is keen to apply pressure to the likes of Apple to move manufacturing away from China, they're also away of the potential costs to U.S businesses.
9H
Google Cloud unveils Bare Metal offering
Google Cloud has introduced its Bare Metal Solution, which it says will help its customers "jumpstart" the migration of applications that have been holding back cloud adoption. The platform will also be able to support other applications such as machine learning, real-time analytics, gaming and graphical rendering. It will also connect with all native Google Cloud services.
10H
IBM working on skills and credentials blockchain platform
IBM is working with a number of companies and institutions to develop a blockchain-based credentialing platform. In a blog, IBM said the platform uses blockchain technology to produce a permanent, verifiable record of learning and skills certifications and qualifications. It says jobseekers will be able to choose how their skills are shared and connect easily with potential employers.
10H
PayPal has acquired Honey for $4 billion
PayPal has announced that it will buy rewards platform Honey for $4 billion, in a mostly cash deal. The acquisition becomes PayPal largest ever, and will help enhance the customer's shopping journey and experience. PayPal will integrate Honey's technology into its own product line, taking honey's active monthly users from 17 million to a possible 300 million.
1D
Macy's customers hit by major Magecart attack
Macy's has confirmed that it was the victim of yet another Magecart attack. The retail giant is notifying some of its online customers that they've had their card details, among other things, skimmed. The affected customers could have had their first and last names, address, payment details and more stolen in the breach. Macy's has reported the incident to the affect card brands.
1D
Accenture and Rockwell agree digital pact
Accenture and Rockwell Automation are collaborating on digital solutions for manufacturing. Their focus is to improve supply chain optimisation for clients through the leveraging of IIoT (Industrial Internet of Things). Accenture will have input on consulting and analytics. "Industrial companies that want to grow need faster and more efficient processes," said an Accenture spokesperson.
1D
John Lewis taps Google Cloud to transform customer experience
John Lewis Partnership is to use Google Cloud's AI, ML and data analytics capabilities to improve its customers' shopping experiences. John Lewis has asked Google Cloud to adjust, refine and scale up its e-commerce platform, across web and mobile, to meet growing customer demands, and has also boosted its cloud capacity. The companies have an existing relationship that goes back to 2014
1D
Vodafone Business extends technology partnership with Ryanair
Vodafone has announced a technology infrastructure partnership with the Irish budget airline, Ryanair. The extension to an exiting partneship will see Vodafone Business support 300 Ryanair sites and 153 million passengers across 40 countries. The deal is thought to be worth around €40 million, according to a report in The Irish Times, although no official value has been announced.
1D
Vodafone chooses Google Cloud to power its Neuron big data platform
Google Cloud has today announced that it will power Vodafone's 'Neuron' big data platform. Neuron allows Vodafone to utilise real-time data to gain invaluable insights into its business, develop new products and enhance the customer experience. Johan Wibergh, CTO for Vodafone Group commented: "The capabilities that Google Cloud gives us will help accelerate our digital transformation."
1D
IBM unveils security platform for hybrid environments
IBM has launched Cloud Pak for Security, a new security platform for hybrid and multicloud environments. The platform is incorporating open-source technology which can search and translate security data from a variety of sources. It can integrate with both AWS and Azure. "We're helping to lay the foundation for a more connected security ecosystem," said an IBM spokesperson.
2D
Microsoft Teams regularly used by 20 million people
Microsoft says 20 million people are using its Microsoft Teams platform regularly, a significantly up since June, when it stood at 13 million. Last month, Teams customers participated in more than 27 million voice or video meetings and performed over 220 million open, edit, or download actions on files stored in Teams. Its biggest rival is Slack, which reported 12 million regular users last month.
2D
Google scoops up CloudSimple
Google has acquired CloudSimple, a startup that helps run VMware solutions in the cloud. The pair were already in partnership but now Google has bought CloudSimple out. CloudSimple helps enterprises migrate their VMware workloads to the public cloud. Google Cloud CEO Thomas Kurian wants to attract more Fortune 500 customers. CloudSimple also offered support for Microsoft Azure.
2D
Disney+ customer accounts hacked
Customers of Disney's new streaming service have had their accounts hacked. Thousands of users have been affected, with hackers offering accounts for free or for a smaller fee on the dark web. Disney+ is just a week old having launched to considerable fanfare following months of anticipation. It has already managed to sign up ten million subscribers.
2D
Uber's Chief Product Officer steps down
Manik Gupta, Uber's Chief Product Officer has announced that he's stepping down from the role. “After a few discussions with Dara as well as with my family—and now that we’ve made it through the IPO and an important year for the company—I’ve made the tough decision to leave Uber,” Gupta wrote in the note. Gupta's last day with Uber will be December 13th.
2D
Huawei granted 90 day U.S. reprieve - report
Huawei is set to be given another 90 day reprieve in the U.S., during which it will be allowed to continue doing business with American firms, according to Reuters. It was thought that only a two-week extension would be granted, but plans appear to have changed over the weekend, said two sources close to the matter. The U.S. is putting pressure on its allies to freeze out Huawei from 5G projects.
3D
T-Mobile CEO John Legere will step down next year
T-Mobile's controversial CEO, John Legere will step down from his role next year, but will remain on the company's board of Directors. Legere will be replaced by the company's Chief Operating Officer, Mike Sievert on May 1st 2020. Legere took T-Mobile from a lonely fourth in the wireless carrier race, to a third-place powerhouse with his customer-centric strategies and formidable presence.
3D
HP board unanimously votes down Xerox takeover bid
HP's board of directors has voted unanimously to reject a takeover bod from rival business Xerox. Last week, Xerox made a cash plus shares bid worth around $33.5 billion for HP, but it has been knocked back, with a latter to Xerox CEO, John Vistentin, saying the offer "significantly undervalues HP and is not in the best interests of HP shareholders".
3D
Elavon to buy payments gateway Sage Pay for $300 million
Payments company Elavon has announced a deal to buy Sage Pay, a well-known and established payments gateway business in the UK and Ireland. The acquisition will cost Elavon, a subsidiary of U.S. Bancorp, $300 million in cash, according to a London Stock Exchange announcement. Elavon said the deal has been made to help its customers grow as the global economy becomes increasingly digital.
3D
Intel turns its attention to HPC and AI solutions
Intel has unveiled its new Ponte Vecchio graphics chip at the Supercomputing 2019 event in Colorado. The new chips are built on Intel's Xe architecture, using the most advanced seven-nanometer process, and are designed to handle both high-performance computing and artificial intelligence. The new GPU will allow Intel to compete with the likes of Nvidia for AI and machine learning workloads.
6D
Former Apple execs set up processors startup
Gerard Williams III, Manu Gulati and John Bruno - three former leading semiconductor execs at Apple - have launched their own startup. NUVIA Inc came into existence earlier this year and builds processors for data centres. Dell Technologies led a Silicon Valley funding round that has raised $53 million, NUVIA said on Friday. The trio's expertise is expected to put it in a strong market position.
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6D
Walmart Canada unveils blockchain payment and tracking system
Walmart Canada and DLT Labs have launched a blockchain and payment network, which they say is the world's largest full production blockchain solution for any industrial application. It will be used to to track deliveries, verify transactions, and automate payments and reconciliation among Walmart Canada and its carriers. The solution will go live on February 1, 2020.
6D
Allianz and Microsoft partner on insuretech
Allianz and Microsoft have signed a strategic partnership. They want to accelerate the digitalisation of the insurance industry. Azure will host Allianz Business System, Allianz's global insurance platform. Microsoft will also partner with Syncier, the B2B2X insurtech founded by Allianz. "Allianz is setting the standard for insurance solutions," said a Microsoft spokesperson.
6D
TikTok enters the world of social commerce
TikTok is allowing select users to add links to e-commerce and shopping sites. The company has said that the two features are being experimented with to improve the customer experience, and are part of the company's usual "experimentation". "Ultimately, we’re focused on ways to inspire creativity, bring joy, and add value for our community.” said a spokesperson of ByteDance, TikTok's owner.
6D
AWS confirms it will contest $10 billion JEDI contract decision
AWS has confirmed that it will contest the decision to award Microsoft a $10 billion contract to modernise the Pentagon's IT systems. It cited clear deficiencies, errors, and unmistakable bias in the tendering and evaluation process for the JEDI contract. AWS was strongly tipped to win the contract, and will take its case to the the Court of Federal Claims.
7D
Salesforce moving Marketing Cloud to Microsoft
Microsoft and Salesforce have announced plans to expand their strategic partnership to help customers meet the evolving needs of their businesses and boost team productivity. Salesforce has named Microsoft Azure as its public cloud provider for Salesforce Marketing Cloud. Salesforce will also build new integrations that connect Salesforce's Sales Cloud and Service Cloud with Microsoft Teams.
7D
France agrees cybersecurity pact with leading businesses
France has signed a cybersecurity pact with some of the country's biggest businesses. Florence Parly, Defence Minister, said an agreement had been formalised with Airbus, Dassault Aviation, Thales, Safran, Ariane Group, MBDA, Naval Group and Nexter. No financial deals with disclosed. Recent high-profile breaches have forced nations to step their work on security.
7D
Yahoo Japan and Line in merger talks
The operators of Yahoo Japan and messenger platform Line are set to merge into one company, according to a report by Nikkei. The internet group will span finance, retail and other services, it said. Sources told Reuters that a deal is likely by month-end and could see SoftBank and Line’s parent Naver form a 50/50 venture. The new company would be valued at around $27 billion.
7D
AWS, Genesys and Salesforce join forces with The Linux Foundation
AWS, Salesforce and Genesys, in partnership with The Linux Foundation, have announced the Cloud Information Model. The model aims to take the pain out of data interoperability by bringing their data together and applying an open model to it. “Anyone across the community can collaborate and provide contributions under the central governance model." said Jim Zemlin director at The Linux Foundation.
7D
AWS Data Exchange launches
AWS has unveiled AWS Data Exchange, a new service where customers can securely find, subscribe to and use third-party data. Businesses managing cloud migrations will no longer have to build and maintain infrastructure for data storage, delivery, billing, and entitling. Customers such as Reuters, Dun & Bradstreet and Change Healthcare are already using the service.
8D
HP pins hopes on 3D printing
HP has launched a host of new subscriptions, services and partnerships for 3D printing. The struggling company, subject of takeover interest from Xerox, is hoping to capitalise on the growing demands around digital manufacturing. At the Formnext Additive Manufacturing Conference, HP has showcased new applications and use cases involving the likes of Siemens and Volkswagen.
8D
Google to join Apple and Facebook in the banking space
Google has announced that it will partner with Citigroup to offer checking accounts to customers in 2020. According to the Wall Street Journal, the project, named Cache will rival offerings by the likes of Apple and Facebook. “Our approach is going to be to partner deeply with banks and the financial system,” Caesar Sengupta, general manager and vice-president of payments at Google, told WSJ.
8D
Xiaomi backs Tesla-rival Xpeng in $400 million round
Xpeng, the Chinese automaker backed by Alibaba, has now received investment from Xiaomi. The Tesla rival has pocketed $400 million from a new funding round. Xiaomi, the smartphone maker, has dipped its toes into the water as Xpeng looks to accelerate its production of EVs. Xiaomi's investment has been made to advance innovation in intelligent hardware and IoT.
8D
Alibaba set for record-breaking share sale
Chinese e-commerce behemoth Alibaba Group is poised to break records with its Hong Kong share sale. The sale could raise a reported $15bn as soon as Thursday. The listing could be seen as a boost for Hong Kong, which has slipped into its first recession in over a decade, as violent street protests continue. If the sale goes ahead it would be the world’s biggest cross-border secondary listing.
8D
SAP to streamline hardware infrastructure
SAP is making some changes to deliver on its promise of a 5% profit margin increase by 2023. The software giant will streamline its hardware infrastructure by reducing its number of stacks, says Chief Financial Officer Luka Mucic. It will also cut management costs and reduce its number of suppliers, but it will retain R&D spend at approximately 14% of its overall revenues.
9D
Report: WeWork eyeing T-Mobile CEO John Legere
The beleaguered co-working company WeWork is in talks to appoint T-Mobile's CEO John Legere as its new leader, according to the Wall Street Journal. People familiar with the matter said WeWork is looking to appoint a CEO by January 2020, although a windfall due to Legere upon the completion of T-Mobile's merger with Sprint could complicate things. Other candidates are reportedly being considered.
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9D
Revolut wants to raise $500 million
Revolut wants to boost its coffers to the tune of $500 million. The digital banking startup needs to fund its global expansion. The UK-based firm is launching in the Unites States and Japan. It is relying on investors to stump up the cash. Revolut has attracted eight million customers since launching in 2015. It has also announced Martin Gilbert as chairman.
9D
Google accesses tranche of US medical data
Google has gained access to millions of medical records in the United States, according to a story first reported by the Wall Street Journal. 'Project Nightingale' is a scheme with health company Ascension, which runs around 2,600 hospitals. Google has been defended the scheme, saying that it would adhere to industry-wide regulations and would not be combined with existing consumer information.
9D
UK's Labour Party hit by cyber attack
With an election one month away, the UK's opposition Labour Party has been the subject of a major cyber attack. The distributed denial of service attack hit Labour's computer systems but there was no data breach. Labour uses Cloudflare software to protect its infrastructure. Leader Jeremy Corbyn, pictured, said: "If this is a sign of things to come, I feel very nervous about it."
9D
Adidas abandons its ambitious robotic Speedfactories
Adidas has announced that it will close its two robotic Speedfactories in Atlanta and Ansbach, Germany - but promises to repurpose the technology used at its existing factories in Asia. The factories were set up in 2016 and 2017 with the aim to decentralise the company's manufacturing processes. But the rush to innovate and automate when the technology simply isn't ready seems a likely cause.
10D
Ericsson to power Bahrain 5G infrastructure
Zain has selected Ericsson to build its 5G network in Bahrain, with the first commercial 5G services expected to go live before the end of 2019. The contract spans Ericsson 5G Radio Access Network and 5G core products. Under the contract, Zain Bahrain’s network will be modernised from LTE to 5G. Ericsson is also providing Ericsson Cloud Packet Core and Voice over LTE solutions.
10D
Vodafone expands 5G infrastructure plans
Vodafone has struck a deal with the UK's largest network infrastructure provider, Openreach, to bring full fibre services to many more consumers and small businesses. It has added half a million premises in Liverpool, Birmingham and Bristol to its first phase of the 5G project which will roll-out in 15 cities. Vodafone says it boasts the biggest current 5G network in UK and Europe.
10D
HSBC and RBS step up digital plans
HSBC and RBS are busy in the world of financial services innovation. HSBC has launched the beta of an app-based business banking service aimed at small enterprises. RBS is now less than a month away from the launch of Bo, a separate digital bank to challenge the likes of Monzo and Revolut. The Bo app will actively encourage customers to budget and save better.
10D
Juniper Networks launches the world's first AI-driven self-driving network
Juniper Network's subsidiary, Mist Systems, has today announced the launch of the world's first AI-driven self-driving network for the enterprise. The network leverages Mist's award-winning AI engine and microservices cloud to streamline IT operations, simplify troubleshooting across wired and wireless domains and deliver optimised experiences to network users.
10D
Telecom Italia links up with Google Cloud
Telecom Italia is expanding its cloud services and knowledge via a new partnership with Google Cloud. They will work together on cloud-based initiatives to sell to Italian businesses of all sizes. As part of the collaboration, Telecom Italia has promised to hire or train 800 cloud engineers and built a raft of new data centres.
10D
Shutterstock promotes Peter Silvio to CTO
Peter Silvio has been promoted to CTO of Shutterstock. Peter was the company's Head of Engineering capacity, and will continue to lead Shutterstock's technology ambitions - working closely with product and marketing teams to drive the innovation and implementation of new products, as well as driving business objectives with "speed and efficiency".
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13D
Microsoft starts shipping its enterprise-focused Hololens 2
The upgraded version of Microsoft's mixed-reality headset is now widely available to the public. The new headset sports a more futuristic design - bringing more comfort as well as greater technology advancements. The upgraded tech includes built-in AI, a greater field of view, and a new time-of-flight depth sensor - all allowing for greater hologram manipulation.
13D
Google teams up with three cyber security firms to form App Defence Alliance
Google has teamed up with ESET, Lookout, and Zimperium to form the App Defence Alliance. Google said the group has been established ensure the safety of the Google Play Store. The three cyber security companies will integrate their scanning engines with the Google Play Protect detection system to analyse new apps that developers want to add to the Google Play Store.
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