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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

Cloud services and sales of SaaS applications boosted Oracle revenue for its last fiscal quarter, but the price of keeping up with the leading hyperscale cloud providers dragged down overall profit. Oracle’s user base grows. Oracle did have results to brag about, in terms of growing its cloud user base. Ellison said.

Oracle 104
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India’s advisory on LLM usage causes consternation

CIO Business Intelligence

It also recommends that AI-generated materials that could be used for misinformation or deep fakes, whether text, audio, image, or video, be watermarked to identify their nature and origin, and reiterates existing rules on digital media ethics. And Giri said, they should focus on using good-quality training data.

Oracle 126
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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom blew past expectations for its first quarter earnings as the video conferencing company added millions of new users amid the global pandemic. Shares have surged more than 200% since the pandemic began as more people rely on the company’s software to work and socialize due to shelter-in-place orders. (Zoom Image).

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5G networks are blazing fast – charging needs to keep up

TM Forum

Sponsored by: Oracle. These include in-app ordering (84% say they plan to continue), home delivery (82%), shopping via social media platforms (80%), and more. Later, a star player comes on the field and I get a text offering a video clip of that player’s game-winning goal from the previous night as part of the premium service.

Network 130
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Fake Job Offer Hack Leads to $540M Loss for Axie Infinity

SecureWorld News

Axie Infinity, a video game that utilizes NFTs and Ethereum-based cryptocurrencies, lost $540 million in March of this year after a senior engineer was tricked into opening a PDF of a fake job application, according to a story from The Block. The employee who fell for the social engineering scheme no longer works for Sky Mavis.

Spyware 73
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5 modern challenges in data integration and how CIOs can overcome them

CIO Business Intelligence

or databases such as Oracle, MongoDB, MySQL, etc. user-generated data across social platforms exploded in the form of audio, video, images, and others. Data integration needs an overhaul, which can only be achieved by considering the following gaps. Here’s a quick run-through.

Data 125
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The most promising pitches from Techstars Seattle Demo Day 2024

GeekWire

Techstars played 2-minute video pitches for each company at Demo Day, then conducted a short Q&A with CEOs on stage. ” — Astros CEO Zsika Phillip Canopy “An anonymous social app where creators go to learn, earn, and grow together.” ” — AdsGency CEO Bolbi Liu Astros “The Shopify for in-game items.”

B2C 108