Author: Zech

The initial public offering of SA Tech Software India Limited opened for subscription on July 26 and will be accepted till July 30. The bookbuilt issue involves a fresh issue of 3.9 million shares. The SME’s IPO was subscribed 15.37 times on the first day and 101.92 times on the second day. On the last day of bidding, SA Tech Software India Limited’s issue received an overwhelming response from investors as it was oversubscribed by more than 550 times the number of shares offered.As of 3:27 p.m. Tuesday, the IPO was oversubscribed 555.38 times.Anchor investor: 1 timeNon-institutional investors: 1,067.39Individual investors:…

It’s been a tough few weeks for CrowdStrike (CRWD 1.03%). A major endpoint cybersecurity provider experienced the largest crash in its history, which some believe to be the largest IT outage in history. CrowdStrike’s buggy software update crashed Microsoft Windows operating systems around the world, causing major disruption to global industries including airlines, broadcasters and retail. CrowdStrike’s stock price also plummeted as a result, falling 11% on July 19 and another 13.5% on July 22 as the software issues lingered after the weekend. By the end of the week, the stock price had fallen another 3%, making it more than…

Healthcare consulting firm Salient Advisory has released its latest market intelligence report highlighting 24 leading Africa-focused supply chain innovators who are likely to make a more substantial impact. The report, titled “Leading Innovations Enabling Access to Medical Products in Africa,” funded by the Gates Foundation, reveals that amid challenging macroeconomic realities and declining investment in Africa’s tech ecosystem, a select few African medical innovators are emerging as leaders. After an average of 10 years of activity, the 24 leading innovators now collectively partner with more than 100 manufacturers and 75 public health organizations, serving approximately 50,000 providers (serving hundreds of…

Register for free to listen to this article Thank you! Listen to this article using the player above. ✖ Want to listen to this article for free? To unlock access to all audio articles, fill out the form below. Futurists predict that by 2035, more than one trillion autonomous nodes will be integrated into every human activity as part of the “Internet of Things.” In the near future, nearly every object, big or small, will transmit information to a central database without the need for human intervention.Complicating this idea is that 71% of the Earth’s surface is covered by water,…

3D Architectural SoftwareThe “3D Architectural Software Market” is expected to reach USD xx.x billion by 2031, at a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion in 2023.Rising Demand and Growth Potential in the Global 3D Architectural Software Market, 2024-2031Verified Market Research’s latest report, “3D Architecture Software Market: Global Industry Trends, Share, Size, Growth, Opportunities, Forecast 2023-2030”, provides a detailed study of the industry with insights into market analysis. The report also covers the recent developments in the industry on a global scale in addition to competitive and…

Blockchain technology is a distributed ledger system that securely, transparently, and permanently records transactions across multiple computers. Developed in 2008 as the underlying technology for Bitcoin, blockchain has expanded far beyond its cryptocurrency roots. It ensures that every entry is recorded chronologically and accessible to all participants in the network, making it extremely difficult to interfere with or modify the recorded data. This high level of security and reliability has led many industries to rapidly adopt blockchain technology, recognizing its potential to increase the integrity and reliability of their operations. The blockchain journey Financial Sector: Blockchain Pioneers The financial industry…

This simple strategy saves investors from having to pick winners and losers in the artificial intelligence (AI) race. Investors have been pouring money into stocks of companies like Nvidia, Alphabet and Microsoft to gain exposure to the burgeoning artificial intelligence (AI) industry. All three have traded well this year but have fallen sharply from all-time highs over the past month. Nvidia shares are down 20% from an intraday high of $140.75. Alphabet shares are down 13% from an intraday high of $191.73. Microsoft shares are down 9% from an intraday high of $468.23. Investors needn’t panic. After all, Nvidia is…

Data has become a key tool in modern mobility as it drives innovation and improves user experience. It plays a major role in many areas of automotive technology, from navigation to vehicle performance analytics. According to a McKinsey report, 50% of new cars sold in 2024 will already be connected in some way, and this is expected to increase to 90% by 2030. For drivers, this connectivity ensures safety, security, comfort, autonomy, performance, infotainment and assistance services. For automakers and the automotive industry, this can also involve large amounts of data, such as location, driver behavior and performance metrics. However,…

Another attempt to limit federal agency power — this time by limiting Congress’s ability to delegate decision-making to regulators — was driven by a federal appeals court ruling against an $8 billion-a-year FCC program aimed at improving phone and broadband service to poor and rural areas.In a 9-7 en banc decision, the U.S. Fifth Circuit Court of Appeals ruled that the FCC’s Universal Service Fund is an unconstitutional delegation of Congress’ taxing power because it gives federal regulators power to delegate that power to nongovernmental organizations. Judge Andrew S. Oldham described the fee, which is collected from telecommunications companies but…

On the one hand, it enables faster data transfer speeds and the delivery of ultra-high definition (UHD) content, virtual reality (VR) applications, and augmented reality (AR) experiences. Meanwhile, it has enabled the massive deployment of sensors, the Internet of Things (IoT), the growth of big data services, and extremely low latency connectivity, improving network availability up to 99.99% for uninterrupted communication. However, this network alone is not sufficient to meet the performance requirements of the latest generation technologies, and new technologies such as edge computing must be deployed. What is Edge Computing? So, is it clear what edge computing technology…