investment
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Blog
UK cloud infrastructure set for boost amid $5 billion Oracle investment
Oracle is set to invest $5 billion (£3.85 billion) to ramp up support for the UK’s cloud infrastructure capabilities, the firm has revealed. In an announcement confirming the move, the tech giant said the funding will be distributed over the next five years and go towards expanding the footprint of Oracle Cloud Infrastructure (OCI) in the country. It will also…
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National Grid investment wing backs AI startups to boost energy efficiency
National Grid Partners, the venture capital and innovation arm of the UK utility firm, has unveiled plans to invest $100 million in AI startups in the energy field. With pressure on the grid increasing, the investment division is exploring solutions that will help make the grid more efficient, resilient, and dynamic. This means improving efficiency, cutting customer costs, reducing emissions,…
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Multi-billion dollar energy investment firm notifies hundreds of a data breach that compromised SSNs
Luxembourg energy investment firm Ikav Energy this week confirmed it notified hundreds of Americans about a December 2024 data breach that compromised their names and Social Security numbers. Ikav notified 722 people in Texas and 15 in Massachusetts of the breach, with more victims expected as more states disclose their own breach figures. Ransomware group DragonForce claimed responsibility for the…
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TSMC’s $100B Investment in US Data Centers Sets Foreign Investment Record
Image: Wikimedia Commons/TrickHunter Taiwan Semiconductor Manufacturing Company has pledged to spend an additional $100 billion building data centres in the U.S., bringing total spend up to $160 billion. The investment will go into building three new fabrication plants in Phoenix, Arizona, as well as two packaging facilities and a research center. TSMC has dubbed it the “largest single foreign direct…
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Apple’s $500B US jobs ‘investment’? Same old, same old.
It sounds so good, doesn’t it? After Apple CEO Tim Cook met with US President Donald J. Trump, Cook announced: “We are bullish on the future of American innovation, and we’re proud to build on our long-standing US investments with this $500 billion commitment to our country’s future. We’ll keep working with people and companies across this country to help write an…
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NinjaOne secures $500 million investment at $5 billion valuation
NinjaOne has raised $500 million in a funding round that will see heightened investment and expansion of the firm’s endpoint management offerings. Bringing its valuation to $5 billion, the funding was led by ICONIQ Growth and CapitalG, Alphabet’s independent investment fund, and other private investors. NinjaOne said the investment will be used to fund research and development into autonomous endpoint…
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Zacks Investment breach could leave 12 million customer accounts exposed
Zacks Investment, a leading investment research company, has allegedly suffered a data breach that could see roughly 15 million customer records exposed. A threat actor under the name Jurak posted on the dark web hacking forum BreachForums on 24 January 2025, claiming to have breached Zacks Investment in June last year. Zacks is a major financial analysis provider best known…
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Hacker leaks account data of 12 million Zacks Investment users
Zacks Investment Research (Zacks) last year reportedly suffered another data breach that exposed sensitive information related to roughly 12 million accounts. Zacks is an American investment research company that provides its customers data-driven insights through a proprietary stock performance assessment tool called ‘Zacks Rank’, to help with making informed financial decisions. In late January, a threat actor published data samples…
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Surging CNAPP investment is a big opportunity for the channel
UK cybersecurity leaders are planning to invest in cloud-native application protection platform (CNAPP) in 2025 as part of plans to increase security spending, new research from Westcon-Comstor shows. The technology provider and distributor quizzed 500 chief information security officers (CISOs) and senior security personnel at end-user organizations with 1,000 or more employees across the UK, France, Germany, Italy, and the…
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Agentic AI investment is putting the cart before the horse
Flying frequently for work, I’ve been afforded many a dull moment to myself looking out the window at the stationary tarmac and listening to the captain tell us “we should be on the move shortly”. It’s in these moments that I’m reminded of an interesting comparison, one between technology’s long-established role in commercial flight and AI’s burgeoning role in the…
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