AB: Our overall strategy, of which Data Guardian is a key component, is based on considering the worst-case outcomes: What if an attacker was somehow authenticated and inside our network via a phishing attack? What if there was a significant terrorist event or other outage in a particular region? What if the primary cloud platform had an extended, multi-regional outage? We've always architected and operated Alfa Cloud, such that we could automatically rebuild any customer's isolated infrastructure in a few ...

Astrid Stawiarz / Getty Images Twin brothers Cameron Winklevoss, right, and Tyler Winklevoss lead crypto exchange Gemini. Key Takeaways Cameron and Tyler Winklevoss-founded crypto exchange Gemini Space Station boosted its IPO range after Nasdaq agreed to invest $50 million in a private placement. The company now expects to shop shares in the range of $24 to $26, up from $17 to $19 previously, the latest sign of strong demand for new crypto listings. The original range was estimated at $17 to $19 per share. ...

India is leaning against introducing a comprehensive crypto law and will instead maintain partial oversight of the sector, a government document shows. Officials fear that integrating digital assets into the country’s mainstream financial system could heighten systemic risks. The document, prepared this month and reported by Reuters, shows the Reserve Bank of India’s (RBI) longstanding skepticism. The central bank argued that effective regulation would be difficult in practice and that granting cryptocurr ...

Torus, a provider of full-stack energy platforms offering storage, management, security, and generation solutions, has secured a $200m investment from Magnetar to expedite the rollout of its modular power plants. These plants are intended for utilities, data centres, and commercial and industrial clients throughout the US. The funding aims to enhance the deployment of the company’s modular power plants, which are small, inertia-based hybrid energy systems. These systems merge the power delivery of mecha ...

Canadian commerce solutions provider Moneris Solutions has announced new features to its Moneris Go Retail solution to meet the evolving needs of retailers across Canada. The latest features of the user-friendly point-of-sale (POS) system aim to address modern retail challenges, showcasing Moneris' commitment to advancing retail technology in line with business demands. Moneris Go Retail now includes custom sales for flexible selling, enhanced customer management and advanced insights into buying habits, ...

A sharper-than-expected drop in U.S. producer prices is bolstering expectations for rate cuts, but with Wednesday's Consumer Price Index on deck, investors will need to brace for a potentially stickier inflation picture. Economists forecast that the August Consumer Price Index will show headline inflation climbing to 2.9% year-over-year, up from 2.7% in July. If confirmed, that would be the highest annual pace since January 2025. The core inflation rate, which strips out volatile food and energy prices, ...

Walmart will open its first branded stores on the African continent, starting with locations in South Africa. The major U.S. retailer intends to open its doors for African customers this year. In South Africa, Walmart already owns a local subsidiary, Massmart, which it fully acquired in 2022, alongside its other chains, including Makro, Game, and Builders Warehouse. However, Walmart plans to introduce its own name and likeness to the country with a storefront. The move not only aims to establish Walmart ...

(Reuters) -Construction spending on U.S. data centers reached an all-time high of $40 billion at a seasonally adjusted annual rate in June, as technology giants continue pouring billions into AI infrastructure, according to a Bank of America Institute report. BY THE NUMBERS The June figure represents a 30% increase from the previous year, following a 50% surge in 2024, the report said, citing U.S. Census Bureau data. WHY IT'S IMPORTANT The boom in generative AI and machine learning is fueling demand fo ...

By Helen Reid LONDON (Reuters) -Zara owner Inditex reported a better start to its autumn sales on Wednesday, an encouraging sign as the world's biggest listed fast-fashion retailer grapples with the impact of a weak dollar and U.S. tariffs on consumer spending. Sales from August 1 to September 8 grew 9% in currency-adjusted terms compared to a year ago, picking up in pace from 5.1% growth over the first half. Shares in Inditex, which have fallen this year, gained 6% in early trading. The start to the th ...

Synopsys Wednesday's plunge dragged Synopsys shares into negative territory for the year. Key Takeaways Synopsys reported quarterly earnings and revenue that missed analysts' forecasts as sales for its design intellectual property sank. The chip design software maker also gave a weak current-quarter forecast and slashed its full-year outlook. Shares lost a third of their value Wednesday and fell into negative territory for the year. Synopsys (SNPS) shares plunged Wednesday, after the semiconductor ...