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IT services company Atos plans IBM-style split

CIO Business Intelligence

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. IBM was still broadly profitable when it split, having made a net profit of $5.7 It’s a Hail Mary move for Atos. Legacy losses.

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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

He originally joined the travel company’s board in 2005. AskJeeves was acquired in 2005 by IAC, the internet media company run by Barry Diller, who is also chairman of Seattle-based Expedia Group. The company posted revenue of $4.2 Its net loss for the first nine months of this year was $2.2 billion in 2019.

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Stop using your phone number to log in

Vox

Back in 2001 when I worked at Vodafone, we saw this problem coming,” said Marc Rogers, who is now chief security officer at the cybersecurity firm Q-Net Security. Enabling two-step or multi-factor authentication by default, which companies like Google and Amazon have done on some of their services, would stop these hijackings.

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Xbox Series X and S: everything you need to know about the next-gen of Xbox

The Verge

The biggest of these is Halo: Infinite , the latest entry in the long-running sci-fi first-person shooter franchise that’s become synonymous with the Xbox brand since its debut way back in 2001. Some developers, like Bungie , have said they’ll offer free upgrades to the PS5 versions of their games. Paying the price.

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Pfizer will acquire Seattle-area biotech giant Seagen for $43 billion

GeekWire

Founded in 1998, Seagen is the largest biotech company in the Seattle area. Seagen is the largest biotech company in the Seattle area and an anchor for the biopharma industry in the Pacific Northwest. Seagen is the largest biotech company in the Seattle area and an anchor for the biopharma industry in the Pacific Northwest.

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FTX’s implosion and SBF’s arrest, explained

Vox

Sam Bankman-Fried and his crypto company FTX experienced a shocking downfall. He said he’d be fine bailing out some crypto companies in trouble as crypto winter hit over the summer. By November 11, the company had filed for bankruptcy , and Bankman-Fried resigned as CEO. FTT, a token the company issues, plunged in value.

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Sujal Patel-led Nautilus Biotechnology goes public as it tackles ambitious plan to analyze proteins

GeekWire

Nautilus Biotechnology is emerging as Seattle’s newest publicly traded company this week, taking advantage of the mania over SPACs to raise $345 million to fuel a new approach that could accelerate biomedical research and transform drug development. It was through Isilon, which sold to EMC for $2.25