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JPMorgan names firmwide CTO

Former PayPal technology chief Sri Shivananda brings with him an “exceptional track record in innovation and technology leadership,” JPMorgan Chase's CIO Lori Beer said in a memo.

Updated June 18, 2024

Colgate-Palmolive moves forward on AI plans with distaste for hype

The household brand plans to train every non-plant worker on AI principles, guardrails and ethical use by the end of the year, according to CEO Noel Wallace.

100 Snowflake customers attacked, data stolen for extortion

A financially motivated attacker used stolen credentials to systematically compromise customer accounts, steal a significant volume of data and extort victims, Mandiant said.

Clorox to restart ERP upgrade as it looks past August cyberattack

With the company out of recovery mode, teams are looking to advance on digital transformation projects.

Citi’s new tech chief takes the helm

Tim Ryan will lead Citi's ongoing efforts to transform its technology operations, a goal the bank poured $12 billion into last year.

Microsoft, playing the long game, invests billions globally to expand Azure empire

“The pressure is on — this is no longer the experimental phase of the cloud,” Alistair Speirs, director of Azure global infrastructure, said.

IT job posts rise, unemployment dips in May: CompTIA

The sector bucked the national trend of rising unemployment, a sign of ongoing demand for technology professionals.

ERP vendors target insights, automated reports in generative AI push

The technology has the potential to enhance processes deployments, according to Forrester, but CIOs will need to address costs and risks.

Pressure mounts on Snowflake and its customers as attacks spread

More businesses are likely impacted by an attacker’s access to multiple Snowflake customer databases.

AWS, Udemy launch generative AI leadership training program

The six-week cohort will equip executives across industries with change management strategies and talent development skills.

IT leaders chafe as VMware costs skyrocket under Broadcom

The acquisition triggered “major changes to VMware strategy, product, pricing, licensing and sales,” Gartner analyst Andrew Lerner said. “It’s a lot for customers to take on."

Updated June 10, 2024

Norwegian Cruise charts AI adoption course after 15-month AWS migration

The cruise company moved more than 100 applications and thousands of virtual and physical servers among other assets.

Snowflake aims to ease analytics headaches, embeds Nvidia AI in data cloud

The vendor-agnostic Polaris Catalog streamlines access across Apache Iceberg data tables and extends the company’s integrations with AWS, Azure and Google Cloud.

Best Buy balances tech and staff investments to boost customer experience

The retailer expects AI-powered review filters, personalized app home screens and dedicated staff in certain departments to improve shopping experiences.

SAP beefs up copilot, trains Joule to assist with ERP migrations

The ERP giant embedded its generative AI assistant across business solutions and expanded integrations with Microsoft, AWS and Google Cloud.

Security concerns mount as businesses deploy AI coding tools

Organizations are deploying the technology without enough protocols to ensure safe, secure use.

Nvidia unveils new chip as the AI processor war heats up

CEO Jensen Huang laid out a roadmap for the company’s next generation GPUs Sunday. Chipmakers AMD and Intel are racing to keep pace.

Most businesses lack a clear AI adoption roadmap: McKinsey

Usage has doubled among businesses in the last year, but CIOs still have a laundry list of to-do’s to prepare the tech foundation and governance structure.

Snowflake customers caught in identity-based attack spree

Cyber authorities and researchers warn multiple major companies could be compromised by the targeted attacks against Snowflake customer environments.

AI use could lead to a busy work boom, Slack finds

Without the right guidance, employees will spend time gained with AI on more performative tasks, Slack SVP of Research and Analytics Christina Janzer said.

Security chiefs under pressure from boards to downplay cyber risk: study

Research from Trend Micro shows tension between CISOs and senior enterprise leadership. Many security leaders say they're perceived as nags.

UK regulators sound the alarm on cloud vendor lock-in

Egress fees, licensing practices and discount policies keep enterprises from switching providers and hinder multicloud adoption, the Competition and Markets Authority found.

Salesforce hits software sales slump, bets on AI adoption to boost business

The top CRM provider saw “elongated deal cycles, deal compression and high levels of budget scrutiny,” COO Brian Millham said Wednesday.

Why is the gender pay gap widening in STEM?

STEM is among the worst fields grappling with a stubborn problems, according to a a study conducted by Adzuna.

Workplace generative AI use soars, but risks linger

“If the benefits of generative AI are becoming more visible, so are the risks,” consulting firm Altman Solon said in the report.