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Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA), marking a pivotal step in its global expansion. The approval allows Ripple, a prominent digital asset infrastructure provider, to extend its operations within the Dubai International Financial Centre (DIFC), one of the world’s leading financial hubs. This regulatory nod signals the continued embrace of blockchain-based financial solutions in the Middle East, further positioning Dubai as […]

Nvidia’s Container Toolkit, a vital tool in cloud environments utilizing AI, has been found to harbor a severe vulnerability, CVE-2024-0132. The flaw, discovered by Wiz Research, allows attackers to escape from containers and access host systems, threatening sensitive data across cloud infrastructures. This vulnerability is particularly concerning in AI-focused setups using Nvidia GPUs, as it could compromise data integrity and service security. Nvidia’s Container Toolkit and GPU […]

A new contender in the realm of file management, Spacedrive, is capturing attention for its innovative approach to handling digital clutter. Developed using the Rust programming language, Spacedrive is an open-source, cross-platform file manager that aims to redefine how users organize, access, and control their digital data. What sets this tool apart is its ability to seamlessly integrate storage from multiple sources—whether it be local hard drives, […]

ColoBarn, a key player in the colocation service industry, is upgrading its data center security across several US regions by integrating Iveda’s advanced artificial intelligence (AI) solutions. This partnership marks a pivotal step in enhancing surveillance, real-time analytics, and incident detection at ColoBarn’s facilities in Arizona and Florida. Iveda, known for its AI-driven video monitoring and cloud-based security systems, brings facial recognition, anomaly detection, and rapid response […]

Consortium achievements illustrate the capability of industrial metaverse in 3 industry whitepapers SEOUL, SOUTH KOREA – Media OutReach Newswire – 1 October 2024 – Technology is evolving to support modernization and enable innovation in industry. South Korea’s National IT Industry Promotion Agency (NIPA) is supporting local technology development, eventually promoting the efforts and success to an international audience. Though often conflated with gaming and social networking, metaverse […]

As the Halloween horror budget approaches in the UK, scheduled for October 30, an ominous cloud looms over wealthy Britons, prompting many to consider leaving the country. This migration trend began under the Conservative government, which pushed UK taxes to a staggering 70-year high. The situation has escalated dramatically, with reports indicating that last year alone saw 4,200 millionaires departing the UK. With Labour now in charge, […]

Tamnoon, a managed cloud security remediation firm, has secured $12 million in Series A funding to bolster its innovative approach to cloud threat management. This new injection of capital is aimed at enhancing the company’s product roadmap and expanding its partnerships across the industry. Leading the round is Bright Pixel Capital, with participation from investors like Blu Ventures, Merlin Ventures, and others.

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SINGAPORE – Media OutReach Newswire – 26 September 2024 – CDNetworks, an APAC-leading network to deliver edge as a service, released its annual State of Web Application and API Protection (WAAP) Report for 2023, highlighting the rise of generative AI threats and their role in amplifying the surge of WAAP attacks. The report reveals that global WAAP attacks are experiencing an alarming shift, rendering traditional signature-based defense […]

World-class expertise and engineering combine to deliver next-generation servers ready to empower high-performance computing, peak performance and maximum utilization SINGAPORE – Media OutReach Newswire – 26 September 2024 – ASUS today announced its all-new line-up of Intel® Xeon® 6 processor-powered servers, ready to satisfy the escalating demand for high-performance computing (HPC) solutions. The new servers include the multi-node ASUS RS920Q-E12, which supports Intel Xeon 6900 series processors […]

Abu Dhabi-based clean energy giant Masdar is expanding its footprint in the renewable energy sector with a major acquisition in the Iberian Peninsula. The company announced a $1.4 billion deal to acquire Saeta Yield, a renewables firm with significant wind and solar energy assets in Spain and Portugal. This strategic move is part of Masdar’s ambitious goal of reaching 100 GW of renewable energy capacity by 2030, […]

Sectigo, a global leader in digital certificates and Certificate Lifecycle Management (CLM), has officially opened its new office in Chennai, aiming to enhance its customer service delivery across the region. This strategic move not only strengthens Sectigo’s foothold in the rapidly growing technology sector in Chennai but also positions the company to better serve its increasing clientele in India and beyond.

The Chennai office will serve as a critical hub for Sectigo, enabling the company to offer improved technical support, sales, and customer service to its extensive portfolio of clients, which includes businesses of all sizes across various industries. The city is recognized for its robust tech ecosystem, featuring numerous IT parks and a skilled workforce, making it an ideal location for Sectigo’s expansion.

Chennai is among India’s most important technology centers, with a vibrant landscape of IT services and software development firms. The establishment of the new office aligns with the growing demand for digital security solutions as businesses increasingly rely on online transactions and digital platforms. With cyber threats becoming more sophisticated, organizations are prioritizing security measures, thereby driving the need for reliable certificate management.

In a statement during the opening ceremony, Sectigo’s executives emphasized the importance of this expansion in addressing the rising concerns over cybersecurity in the digital age. The Chennai office is expected to facilitate quicker response times and personalized service to clients, ultimately enhancing customer satisfaction.

The Indian market has become a focal point for many global tech companies, and Sectigo’s investment in Chennai signifies its commitment to harnessing the region’s potential. The decision to establish a local presence is driven by the growing adoption of cloud technologies and the shift towards digital-first strategies by businesses. As more companies migrate to cloud-based solutions, the need for secure digital identities becomes paramount, positioning Sectigo as a vital player in this landscape.

Sectigo’s expansion comes at a time when the demand for digital certificates is surging, fueled by the increasing reliance on secure online communications. The company’s comprehensive portfolio includes SSL/TLS certificates, code signing certificates, and IoT device certificates, all of which are critical in establishing trust and securing digital transactions.

The Chennai office is part of Sectigo’s broader strategy to expand its global reach while ensuring localized service. The establishment of regional offices allows Sectigo to better understand and cater to the specific needs of local markets. By leveraging Chennai’s skilled workforce, the company aims to enhance its operational efficiency and technical expertise.

Industry analysts note that the competitive landscape for digital security solutions is evolving rapidly. With the rise of cyber threats, organizations are seeking more robust and scalable solutions. Sectigo’s proactive approach to expanding its operations in key markets like India reflects an understanding of the regional dynamics and the growing demand for advanced security measures.

The Chennai office is expected to play a pivotal role in driving innovation within Sectigo, enabling the company to develop and deploy new security solutions tailored to local market needs. By collaborating with local technology firms and startups, Sectigo aims to foster a culture of innovation and leverage emerging technologies to enhance its service offerings.

This expansion not only supports Sectigo’s growth objectives but also contributes to the local economy by creating job opportunities and fostering talent development. The company plans to recruit skilled professionals from various disciplines, including cybersecurity, technical support, and sales, further bolstering Chennai’s reputation as a technology hub.

As organizations navigate the complexities of digital transformation, the demand for expert guidance in implementing effective security strategies is more critical than ever. Sectigo’s presence in Chennai positions it as a key partner for businesses looking to enhance their cybersecurity posture and protect their digital assets.

The establishment of the Chennai office is also a testament to Sectigo’s long-term vision for growth in the Asia-Pacific region. By investing in local infrastructure and resources, the company aims to create a sustainable model that not only addresses immediate customer needs but also anticipates future trends in the digital security landscape.

Intel has unveiled its latest offerings, the Xeon 6 processors featuring Performance-cores (P-cores) and the Gaudi 3 AI accelerators, marking a significant step forward in its pursuit of leadership in the artificial intelligence and data center sectors. The new hardware promises to deliver enhanced performance and efficiency, positioning Intel favorably in an increasingly competitive landscape dominated by Nvidia and other emerging players.

The Xeon 6 series aims to meet the escalating demand for processing power driven by AI applications. These processors utilize an architecture designed to optimize performance for various workloads, including cloud computing, edge processing, and high-performance computing (HPC). By integrating P-cores, which focus on maximizing performance for demanding tasks, Intel intends to address the needs of data centers seeking to balance workloads effectively while minimizing energy consumption.

One of the key features of the Xeon 6 processors is their support for advanced AI frameworks, enabling developers to build and deploy AI models more efficiently. Intel emphasizes that these processors are not only faster but also smarter, incorporating enhanced machine learning capabilities that streamline operations in data-intensive environments. This is particularly relevant as businesses increasingly leverage AI for analytics, automation, and improved decision-making processes.

The Gaudi 3 AI accelerators complement the Xeon 6 lineup by providing specialized processing power tailored specifically for deep learning workloads. Built on a unique architecture, Gaudi 3 accelerators promise to offer substantial improvements in both performance and scalability compared to their predecessors. Intel’s focus on AI-specific tasks reflects a broader industry trend where companies are prioritizing hardware that can efficiently handle the complexities of AI computations.

The introduction of the Gaudi 3 also highlights Intel’s commitment to enhancing the performance-per-watt ratio, a critical consideration as enterprises seek to optimize energy consumption in their data centers. By improving the energy efficiency of AI workloads, Intel aims to address one of the most pressing challenges in the industry: the rising costs and environmental impact associated with high-power computing.

In addition to the technical advancements, Intel’s launch includes new software tools and frameworks that will assist developers in maximizing the potential of the Xeon 6 and Gaudi 3 products. These tools are designed to simplify the process of integrating AI capabilities into existing infrastructures, thereby accelerating the adoption of AI technologies across various sectors.

Intel’s strategic positioning with these products also involves partnerships with leading cloud service providers and technology companies. By collaborating with entities such as Microsoft and Google, Intel seeks to ensure that its new hardware is optimized for widespread use in cloud-based AI applications. This collaboration is seen as essential in an environment where cloud adoption is accelerating, and organizations are increasingly migrating to cloud solutions for their computing needs.

The launch aligns with Intel’s broader strategy of revitalizing its product offerings in response to competitive pressures from firms like AMD and Nvidia, which have made significant inroads in the AI and data center markets. The tech giant’s commitment to innovation is underscored by its substantial investments in research and development, aimed at enhancing its competitive edge through cutting-edge technology.

As businesses worldwide embrace digital transformation, the demand for robust AI solutions continues to rise. Organizations are looking for hardware that can provide not only higher performance but also flexibility and scalability to adapt to evolving needs. Intel’s Xeon 6 and Gaudi 3 accelerators are positioned to meet these expectations, providing solutions for enterprises aiming to harness the full potential of AI.

Analysts suggest that Intel’s latest offerings could reshape the landscape of AI and data center performance. By integrating advanced processing capabilities with energy efficiency, Intel is poised to play a pivotal role in the ongoing evolution of AI technologies. The focus on enhancing the developer experience with new tools further strengthens its appeal to enterprises seeking to innovate and integrate AI into their operations.

Scala Data Centers, a leading hyperscale data center platform in Latin America, has obtained $500 million in structured financing aimed at enhancing its regional presence and meeting the surging demand for cloud services and artificial intelligence (AI). This significant capital influx is set to accelerate the company’s growth trajectory as it responds to the escalating requirements from enterprises leveraging digital technologies. The financing round comes at a […]

Global data infrastructure leader NetApp has launched its latest all-flash NetApp ASA A-Series storage systems, strategically aimed at transforming block storage solutions for enterprises. This introduction is part of the company’s initiative to enhance storage modernization, addressing the evolving needs of businesses seeking agility, efficiency, and robust performance. The ASA A-Series builds upon the legacy of the NetApp ASA product line, incorporating advancements in flash technology to […]

Brave Software has made a significant leap by integrating local artificial intelligence into its browser, a development aimed at enhancing user privacy while improving online browsing experiences. This move positions Brave at the forefront of a growing trend that prioritizes user data protection amidst escalating privacy concerns in the digital landscape. The incorporation of local AI means that users can enjoy personalized web experiences without the need […]

Raxio Group has inaugurated its latest colocation data center, Raxio Côte d’Ivoire (CIV1), in Abidjan, Ivory Coast, furthering its commitment to expanding digital infrastructure across Africa. This facility represents a critical step in Raxio’s strategy to enhance connectivity and support the region’s growing demand for reliable data management services. The CIV1 data center is Raxio’s fifth facility in Africa, demonstrating the company’s robust growth trajectory and dedication […]

An impressive shift in gaming habits has emerged in Southeast Asia, with individuals dedicating significantly more time to video games in 2024. This resurgence marks a 53.2% year-on-year increase in average weekly gaming hours, reflecting a strong recovery from the pandemic’s impact on leisure activities. Industry analysts attribute this rise to several key factors, including the easing of pandemic restrictions, the proliferation of gaming platforms, and an […]

Federal prosecutors have brought serious allegations against New York City Mayor Eric Adams, unsealing a five-count indictment that includes conspiracy, wire fraud, and bribery charges. The indictment outlines a decade-long pattern of corruption, linking Adams to influential Turkish officials and businesspeople who allegedly funneled illegal campaign contributions to him in exchange for preferential treatment. Despite these allegations, Adams remains defiant, asserting his intention to stay in office. […]

Citi has joined forces with Apollo Global Management and Mubadala Investment Company to establish a $25 billion private credit program aimed at seizing opportunities in the rapidly growing direct lending market. This collaboration underscores the increasing significance of private credit in the current financial landscape, as institutional investors look for alternative ways to deploy capital while banks face stricter regulatory constraints on traditional lending.

The initiative is designed to target mid-to-large scale borrowers, focusing on private equity-backed companies that require non-bank financing solutions. As bank lending becomes more restrictive, particularly for higher-risk borrowers, private credit is becoming a preferred route for companies seeking more flexible funding options. The partners are expected to capitalize on this shifting environment, particularly in sectors such as healthcare, technology, and infrastructure, which are increasingly in need of substantial financial backing.

Apollo Global Management, known for its robust expertise in alternative assets, will manage the program, leveraging its well-established private credit platform. Citi, one of the largest financial institutions globally, will act as a strategic partner, providing financing and other related services. Mubadala, a sovereign wealth fund from Abu Dhabi, brings significant capital and a track record of successful global investments, making it a key player in the collaboration.

The trio’s strategic partnership highlights how private markets are becoming more prominent in financing both large-scale deals and middle-market companies. With Citi and Mubadala’s backing, Apollo expects to drive further growth in its private credit business, which has already gained considerable traction in recent years. This deal also reflects how sovereign wealth funds like Mubadala are increasingly turning toward alternative asset classes, including private debt, to diversify their portfolios and achieve higher returns.

Market experts anticipate that the $25 billion program will play a critical role in the direct lending space, helping fill the void left by banks that have scaled back lending due to tighter regulations and capital requirements. The alliance is likely to pave the way for other large institutional investors to consider similar moves, further expanding the private credit market, which has already grown to over $1.5 trillion globally.

Analysts point out that this development reflects broader trends within the financial industry, where the traditional boundaries between banks and asset managers are becoming blurred. By teaming up with Apollo and Mubadala, Citi is effectively expanding its footprint in the private credit space, positioning itself to serve clients who increasingly prefer direct lending to traditional loans.

For Apollo, this partnership is another milestone in its strategy to build out a comprehensive private credit platform. With a combination of Mubadala’s capital strength and Citi’s global reach, Apollo’s credit arm will be better positioned to capture opportunities across multiple geographies and sectors, offering tailored financing solutions that meet the evolving needs of borrowers.

Mubadala, on the other hand, will benefit from the high returns and relatively lower volatility associated with private credit. By entering into this partnership, Mubadala continues to diversify its portfolio, reinforcing its commitment to long-term investments that deliver stable cash flows.

This program also represents a growing trend where large financial institutions and sovereign wealth funds are teaming up with specialized asset managers to tap into high-growth sectors. While the primary focus is on direct lending, it is likely that this partnership will evolve to encompass other forms of private credit over time, including mezzanine financing and asset-based lending.

By aligning their goals, Citi, Apollo, and Mubadala are setting the stage for a new era in private credit. The size and scope of the program suggest that the three partners are prepared to take on large-scale transactions that could reshape the private credit landscape, attracting more investors to this asset class.

Report notes “Trend Micro brings Zero Trust to proactive security” HONG KONG SAR – Media OutReach Newswire – 27 September 2024 – Cybersecurity innovator Trend Micro Incorporated (TYO: 4704; TSE: 4704) has been named a Leader in Attack Surface Management (ASM) in The Forrester Wave™: Attack Surface Management Solutions, Q3 2024. Trend believes this report demonstrates the exceptional value that its ASM offering delivers to customers through […]

An Amazon seller has filed a legal challenge against the antitrust investigations conducted by India’s Competition Commission (CCI), claiming that the probe into e-commerce giants Amazon and Flipkart is biased and unlawful. The seller, Cloudtail, a former key partner of Amazon India, argues that the watchdog’s investigation unfairly targets its business practices, while failing to take into account the competitive pressures and operational complexities of the marketplace. […]

Evaluated for completeness of vision and ability to execute HONG KONG SAR – Media OutReach Newswire – 26 September 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today announced it has been positioned by Gartner® in the Leaders’ Quadrant of the 2024 Gartner® Magic Quadrant™: Endpoint Protection Platforms (EPP) 1. Trend Micro has been named a Leader 19 times in a row […]

 Symbiosis International (Deemed University), one of India’s most esteemed academic institutions, has successfully launched its first international campus in Dubai, officially licensed by the UAE Ministry of Education (MOE) and Knowledge and Human Development Authority (KHDA). 

All the academic programmes are accredited by the Commission for Academic Accreditation under the Ministry of Education UAE.

With over 50 years of academic excellence and a legacy rooted in global education, Symbiosis is bringing world-class education to the UAE, strengthening bilateral ties between India and the UAE.

With its Vedic principle, Vasudhaiva Kutumbakam—’The’World is One’Family’—Symbiosis has bridged global cultures and promoted inclusive education. Now, with the Dubai campus already in operation after officially commencing classes in the first week of September, Symbiosis is ready to make its mark on one of the world’s most dynamic cities.

The academic programmes include BBA in Accounting and Finance; MBA, BCA in AI and ML, Cloud Computing, Data Science and Data Analytics; BA in Media and Communication  with Digital marketing, Public Relations, Advertising and Corporate communications. 

Symbiosis’ establishment in Dubai strengthens the partnership between India and the UAE, contributing to both nations’ strategic goals. The move aligns with the UAE’s D33  Economic Agenda, which focuses on doubling the economy by 2033, with a strong emphasis on education and talent development. It also reinforces the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE, promoting educational and economic ties.

BrowserStack has launched its latest feature, App Accessibility Testing, to address the growing need for inclusive and accessible mobile applications. As global regulations like the Americans with Disabilities Act (ADA) and European Accessibility Act (EAA) push for greater accessibility standards, this tool offers a comprehensive solution for developers and quality assurance teams to create applications that cater to all users, including those with disabilities. This development signals […]

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