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Financial IT leaders prep for a quantum-fueled future

CIO

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

Additionally, Peterson says large language models (LLMs) are enabling Nasdaq to “create new kinds of intelligence reports for investors and corporate customers that leverage the company’s proprietary data sets and drive faster, more impactful content creation in Nasdaq’s marketing and communication teams.”

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Employee engagement: 10 best practices for improving your culture

CIO

When employees disengage from work — often called quiet quitting — it starts a ripple effect that can damage everything from their career trajectory to your team, company, and the global economy. Those lucky few find meaning in their work, feel connected to their team and organization, and feel proud of what they do. trillion in 2022.

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Cybersecurity Snapshot: Critical Infrastructure Orgs Must Beware of China-backed Volt Typhoon, Cyber Agencies Warn

Tenable

Plus, ransomware gangs netted $1 billion-plus in 2023. critical infrastructure IT and operational technology security teams, listen up. Thus, IT and OT security teams at critical infrastructure organizations should urgently apply the advisory’s mitigations and use its guidance to hunt for malicious activity.

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Daily Crunch: Elon Musk unveils three-pronged strategy to fund his $43B Twitter purchase

TechCrunch

On this fine day of April 21, 2022, we celebrate a shiny new podcast from our crypto team: Chain Reaction. Now we know what William Hockey has been doing : The Plaid co-founder stepped down in 2019 and founded a bank, Column. Teams that successfully close a funding round will find themselves with a shorter runway than they planned on.

Strategy 229
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Nigerian e-health pharmaceutical distribution startup DrugStoc secures $4.4 million Series A funding, embarks on expansion drive

TechCrunch

Chibuzo Opara and Adham Yehia, being all too familiar with the problems of poor pharmaceutical supply chains, are planning to widen the reach of DrugStoc, a e-health drug procurement platform that eliminates these challenges by linking drug companies with institutions such as hospitals and pharmacies, in Nigeria.

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Storm in the stratosphere: how the cloud will be reshuffled

Erik Bernhardsson

We currently have cloud vendors that offer end-to-end solutions from the developer experience down to the hardware: What if cloud vendors focus on the lowest layer, and other (pure software) vendors on the layer above? Margins aren't so bad and vendor lock-in is still pretty high. Maybe owning the lowest layer isn't so bad?

Cloud 351