The Direxion Daily Cloud Computing Bull 2x (NYSEARCA: CLDL), an exchange-traded fund (ETF) offering 2x leveraged daily exposure to companies in the cloud computing sector, has recently experienced notable declines. On a recent Tuesday, CLDL's share price dipped by 0.7% to trade as low as $9.26,
In 2023, AT&T Wireless faced a significant data breach that compromised sensitive information of 109 million wireless customers. The breach entailed the illicit acquisition of call and text logs via a vulnerability in the third-party provider Snowflake's cloud infrastructure. This incident
SK Telecom and Lambda have announced a strategic partnership aimed at advancing the AI cloud business landscape in South Korea. This collaboration is set to make major strides by establishing a robust NVIDIA GPU cluster within SK Broadband’s Gasan data center by the end of the year. The deployment
In the quest for greener IT infrastructure, businesses are increasingly grappling with the decision between public clouds and private data centers. Sustainability, a key criterion, is often believed to favor public clouds. However, the landscape is complex and requires a deep dive into the nuances
In an era where Software-as-a-Service (SaaS) environments have become increasingly attractive targets for cyberattacks, AppOmni’s latest advancements in threat detection are more crucial than ever. These new technologies feature identity-centric analysis married with threshold and sequence rules,
Alibaba Group Holding has showcased a distinct shift in its strategic direction, leaning heavily into artificial intelligence (AI) and cloud computing while its traditional e-commerce sectors face headwinds. The company's cloud computing division has emerged as a critical growth driver, underpinned
The evolution of cloud computing has seen various innovations and technological advancements. One such innovation is the bare metal cloud. Unlike traditional cloud services that rely heavily on virtualization, bare metal cloud offers direct access to physical hardware, providing unparalleled
Software-as-a-Service (SaaS) stands as a revolutionary model in the landscape of software delivery, drastically changing how applications are developed, deployed, and managed. From its humble beginnings to its current status as a fundamental component of cloud computing, SaaS has continually
Healthcare data security is a paramount concern in today's technologically advanced world. As healthcare organizations increasingly move to cloud technologies to enhance performance and access to data, the need for robust security measures becomes ever more critical. Recently, Stellar Cyber, a
The rise of cloud-native platforms has transformed how businesses operate, although it has also introduced significant security challenges. Enter RAD Security, a pioneering cybersecurity startup specializing in cloud detection and response. Recognized as a finalist in the Black Hat USA Startup
