Malaysia’s Tenaga Nasional has suffered massive financial losses from cryptocurrency miners illegally tapping into the power grid. The utility discovered nearly 14,000 premises involved in power theft for bitcoin mining operations. Authorities are now cracking down with databases and smart meter mon
Legacy finance technology is costing businesses more than just maintenance fees. According to Anaplan research, nearly all executives report negative consequences from decisions based on inaccurate forecasts. The true cost includes missed opportunities and poor strategy development.
Apple ranks fourth in the EPA’s list of top tech companies using renewable energy, consuming over 537 million kWh from green sources. The company sources from eleven different providers, more than any other company on the list.
Tech giants are making massive circular investments in AI companies. Microsoft and Nvidia just committed up to $15 billion to Anthropic, creating strange bedfellows in the AI arms race.
Meta successfully defeated the FTC’s antitrust case after a five-year legal battle. The judge ruled that TikTok’s emergence means Meta no longer holds monopoly power, despite internal messages showing clear anticompetitive intent.
Microsoft is pulling out all the stops to get partners to adopt the new Outlook experience. The company is offering free App Assure services to ensure COM add-ins work after transition. This comes despite widespread criticism of the new platform.
Meta just scored a major legal victory against the Federal Trade Commission. The judge ruled the FTC failed to prove Meta holds a monopoly, pointing to fierce competition from TikTok. This decision protects Meta’s ownership of Instagram and WhatsApp.
Microsoft is rolling out Copilot Mode generally for enterprise customers after positive early feedback. The company says other AI browsers force businesses to choose between productivity and security, while Edge offers both through Microsoft 365 Copilot integration.
Tax software giant Intuit is making a massive $100 million-plus bet on OpenAI’s technology. The deal will bring ChatGPT directly into TurboTax, QuickBooks, and other financial products, allowing users to manage taxes and finances through conversational AI.
J. Crew has made a remarkable comeback from its 2020 bankruptcy filing, with technology playing a crucial role. CIO Danielle Schmelkin built systems that increased online engagement dramatically and drove $2.7 billion in 2024 sales. The company now operates more than 580 stores, up from 491 pre-pand
