industry
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Trump’s first 100 days: all the news impacting the tech industry
Rosenworcel said the commission was rejecting complaints that “seek to weaponize the licensing authority of the FCC in a way that is fundamentally at odds with the First Amendment”. Then, on Wednesday, the FCC said in a series of orders the complaints had been dismissed “prematurely based on an insufficient investigatory record”. Source link
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Increased IT spending marred by industry price hikes
Worldwide IT spending is expected to surge in 2025, though research from Gartner suggests much of this growth will be absorbed by price increases. Spending will total $5.61 trillion this year, marking a growth rate of 9.8% from $5.11 trillion in 2024. Last year, Gartner predicted global IT spending would hit $5 trillion. But while budgets for CIOs are increasing,…
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Public sector improvements, infrastructure investment, and AI pothole repairs: Tech industry welcomes UK’s “ambitious” AI action plan
The UK government has officially unveiled its AI Opportunity Action Plan, promising a greater focus on the opportunities of the burgeoning technology rather than the risks. Under the new industry focus, the Labour government plans to implement all 50 recommendations set out by Matt Clifford in his AI Opportunities Action Plan, commissioned by technology secretary Peter Kyle last year. Announcing…
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AI in the retail industry is spreading beyond the IT department
AI spending outside traditional IT operations is increasing at retail organizations, according to new research, with executives saying they want to expand into more sophisticated AI use cases. A report from the IBM Institute for Business Value found that 81% of surveyed executives and 96% of their team are already using AI to a moderate or significant extent. However, executives…
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The open source industry is booming as firms invest billions in ecosystem each year
The open source software industry is booming, according to recent analysis, with organizations now investing around $7.7 billion in the ecosystem each year. Researchers from GitHub, the Linux Foundation, and the Laboratory for Innovation Science at Harvard (LISH) found the median investment in open source now stands at $520,600 on a business-by-business basis. This isn’t all direct funding, however, with…
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US government plans overhaul of security standards for healthcare industry
The US Department of Health and Human Services (HHS) has proposed extensive modifications to existing standards governing how healthcare information is stored and protected in the region. Set to be published in the Federal Register on 6 January, the changes set out by the HHS would impact the ‘security rule’ of the Health Insurance Portability and Accountability Act (HIPAA). The…
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2024 Exposed the Dark Side of the Anime Industry
2024 shaped up to be a tremendous year for the anime community as we were presented with plenty of amazing anime across different genres. These anime found their way into our hearts and gave us tons of memories this year. However, there was a handful of anime that exposed the major issues and the crisis that plagues various studios in…
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Florida insurance industry attorney notifies 10K+ people of data breach
Bronstein & Carmona, a Fort Lauderdale law firm that defends auto insurance companies, over the weekend confirmed it notified 10,792 people about a February 2024 data breach. The attorney did not publicly disclose what information was compromised. It is offering eligible victims free credit monitoring and identity theft insurance, which implies the data contained Social Security numbers and/or other information…
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2025 in tech: What’s coming for the industry next year
There’s a lot we don’t know about what’s coming for tech in 2025. AI could save the world, or ruin it, or do pretty much nothing interesting at all. A new US president could change priorities and policies on antitrust fights and privacy rules. Will TikTok get banned? Will the fediverse take off? Will it be the year of Matter?…
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Regulatory uncertainty is holding back AI adoption – here’s what the industry needs going forward
Confusion surrounding AI regulation is holding back adoption rates in Europe according to AWS. Citing a blog published earlier this year, AWS’ head of AI and generative AI policy Sasha Rubel told ITPro that customers say a lack of regulatory clarity is hampering AI adoption and holding back the region from potentially unlocking €600 billion by 2030. The blog revealed…
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