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Managed services projections increase through 2023

CIO

In this report, the news about technology investments was surprisingly upbeat. Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less.

Budget 263
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Time to digitize all landlines, once and for all (of us)

CIO

A new digital era is beginning that will provide a more cost-effective, resilient, and reliable long-term alternative. It is also supported by public safety organizations like the New York City Fire Department.

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The sky isn’t falling for cloud software spend

TechCrunch

While there is much talk of cutting spending, conserving capital, trimming staff and hunkering down, there’s also quite a lot of good news out there. New data from Battery, for example, details a corporate software spending climate that is far from moribund; for startups that sell software to other companies , this is great news.

Software 235
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International startups shrug off US insurtech meltdown

TechCrunch

Given the recent run of concerned headlines that insurtech companies have generated, you’d be forgiven for anticipating that the startup category would find itself in dire straits. We were just too pessimistic about the rest of the insurtech category. Good news, we reckon, for the startups building in the space today.

Insurance 243
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Will software for CFOs create a bright spot in a battered fintech market?

TechCrunch

That’s the bad news for CFOs: changing valuations in many startup categories took IPOs off the table, and they are now tasked with stretching cash as far as it can go in a market where capital dried up faster than a puddle in Death Valley. ” Will software for CFOs create a bright spot in a battered fintech market?

Fintech 274
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Twitter ‘acqui-hires’ the team from subscription news app, Brief

TechCrunch

Twitter’s recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief. While Brief’s ambitious project to fix news consumption showed a lot of promise, its growth may have been hampered by the subscription model it had adopted.

Journal 363
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Rounds that matter: Fintech’s fortunes, DAO dreams, Asia’s reseller revival

TechCrunch

TechCrunch+ is launching a series of posts looking at recent, notable venture rounds, exit activity and other news that relates to the financial side of building new technology companies. Per data from GGV, which tracks funding into 63 API companies, startups in this category raised about $2.15 Deal counts have also been down.

Fintech 266