Mon.Mar 13, 2023

article thumbnail

Women in tech statistics: The hard truths of an uphill battle

CIO

Diversity is critical to IT performance. Diverse teams perform better, hire better talent, have more engaged members, and retain workers better than those that do not focus on diversity and inclusion, according to a 2020 report from McKinsey. Despite this, women remain widely underrepresented in IT roles. And the numbers back up this assertion, often in stark ways.

article thumbnail

Silicon Valley Bank’s new CEO sends letter to clients: ‘We are conducting business as usual’

TechCrunch

Silicon Valley Bank’s clients received a surprising email in their inboxes late Monday evening from the bank’s new CEO Tim Mayopoulos stating that the institution was not only open, it was also business as usual. “Silicon Valley Bank, N.A. is open and conducting business as usual,” the email, obtained by TechCrunch from multiple sources, read. At the time of publication, SVB’s website has been restored.

Banking 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI and automation will play an increasing role in technology

CIO

By Ram Velaga, Senior Vice President and General Manager, Core Switching Group This article is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts. It is clear that artificial intelligence, machine learning, and automation have been growing exponentially in use—across almost everything from smart consumer devices to robotics to cybersecurity to

article thumbnail

First Republic Bank shares plunge, prompting trading halt as startups process SVB crash

TechCrunch

Shares of First Republic Bank fell sharply in early trading this morning, which caused trades of the company to be paused due to volatility, implying investor discomfort with the financial institution despite government activity over the weekend to sort the Silicon Valley Bank crisis and potential cascading effects. The volatility comes just days after a stock market selloff that previewed SVB’s failure, as concern of contagion remains among analysts and the tech community more broadly.

Banking 246
article thumbnail

Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

article thumbnail

Healthcare providers focus on quality for the next phase of digital transformation

CIO

As healthcare providers emerge from the operational disruptions caused by the global pandemic, IT and business leaders are renewing their focus on “quality”– specifically, have digital investments provided quality and value for IT systems; is technology improving quality for caregivers inside facilities; and have digital transformation efforts enhanced the patient experience and the quality of care they’re receiving?

More Trending

article thumbnail

Delta takes off with modernized blend of mainframes and cloud

CIO

When it comes to IT, Delta Airlines is climbing higher into the clouds even as it keeps its footing on solid ground. The Atlanta-based airlines, which is partnering with Amazon Web Services on the cloud front and Kyndryl for its mainframe systems, is very content with its choice for a hybrid infrastructure, says Matt Cincera, senior vice president of software engineering at Delta.

Airlines 246
article thumbnail

After SVB failure, regulators close crypto-friendly bank Signature Bank

TechCrunch

Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made whole. Regulators said that Signature Bank also caused a systemic risk and could threaten the U.S. banking system. In other words, the government is stepping up to protect the economy.

Banking 246
article thumbnail

CIOs take aim at Silicon Valley talent

CIO

Signs of a tech talent shift are under way, with IT pros increasingly turning away from Silicon Valley and tech stalwarts in favor of new roles outside the technology industry. For Andreea Bodnari and Chris Jones, both of whom left Silicon Valley tech companies to work at healthcare organization Optum, the lure was not concern over mass layoffs in big tech, but the prospect of solving real-world problems and the opportunity to work on technologies that make a difference in people’s lives.

article thumbnail

Mercury expands FDIC insurance up to $3M through new Vault product

TechCrunch

Mercury , a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. Immad Akhund, CEO and co-founder of Mercury, told TechCrunch that his team worked on the new product, called Mercury Vault, over the weekend.

Insurance 244
article thumbnail

Embrace AI: Make Your VoIP Service Stand Out

Dialogview is revolutionizing VoIP services with its AI-powered platform, which is now available for white labeling. Our solution autonomously resolves over 68% of customer queries in more than 40 languages, dramatically reducing your team’s workload. With advanced conversational AI, Dialogview understands customer sentiments and queries in real time, without any button presses needed by users.

article thumbnail

Powerful Phrases to Deal With a Credit Stealer or Idea Thief

Let's Grow Leaders

Stop that Credit Stealer and Get the Recognition You Deserve “I was in a meeting the other day, and one of the executives thanked my boss for the success of a project I’ve been working on all year. And you know what she said next? Thank you. I was sitting right there. She took ALL THE CREDIT! The really infuriating thing is that she had NOTHING to do with that project.

Meeting 215
article thumbnail

Y Combinator cuts nearly 20% of staff, scales back growth stage investments

TechCrunch

Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of the accelerator’s employees — their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been strategizing about the shift “well before” the collapse; over 30% of Y Combinator’s startups are exposed to SVB.

Banking 243
article thumbnail

How the cloud helps banking and finance companies tackle core modernization challenges

CIO

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business.

Banking 130
article thumbnail

Product-led growth is propelling a wave of sales tools startups

TechCrunch

This might be the year when we see more companies adopting sales tools that bridge the gap between traditional CRMs and product-led growth models to help sales teams more effectively convert leads with the help of usage data. Why is this happening now? Well, companies are going hybrid, whether with their business model or their pricing. For instance, more companies are adopting usage-based pricing models, but they’re often mixing it with existing pricing models, such as subscription tiers.

Tools 242
article thumbnail

Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

article thumbnail

A feat of skill: Moving SAP workloads to the cloud

CIO

Moving SAP workloads to the cloud promises to be transformational, but it’s not for the faint of heart. Goals for an ERP modernization initiative often range from lowering costs through infrastructure savings to adding cloud-based capabilities to ERP tasks with minimal disruption to day-to-day business. Achieving these objectives takes perceptive analysis, meticulous planning, and skillful execution.

Cloud 130
article thumbnail

Finding your startup’s valuation: An angel investor explains how

TechCrunch

Marjorie Radlo-Zandi Contributor Share on Twitter Marjorie Radlo-Zandi is an entrepreneur, board member, mentor to startups and angel investor who shows early-stage businesses how to build and successfully scale their businesses. More posts by this contributor 5 sustainable best practices for bootstrapped startups You’ve sold your company. Now what?

Groups 240
article thumbnail

SAP-owned Qualtrics to be sold to Silver Lake, CPP Investments for $12.5 billion

CIO

Customer Experience management company Qualtrics on Monday said private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments) have agreed to buy the entire company for $12.5 billion in an all-cash transaction. CPP Investments, according to a joint statement, will pay $1.75 billion in equity and another $1 billion in debt for the deal.

article thumbnail

A comprehensive list of 2023 tech layoffs

TechCrunch

Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google , Amazon , Microsoft , Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script , citing the macroeconomic environment and a need to find discipline on a tumultu

Report 232
article thumbnail

Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

article thumbnail

What if the future of our businesses depends upon our ability to be un-business-like?

thoughtLEADERS, LLC

Why are memorial services celebrating the life of a loved one who has passed always convened around candlelight, music, and poetry and not around bright lights, PowerPoint presentations and spreadsheets? Today’s guest post is by Dr. Robert H. Lengel, author of A Place For T: Giving Voice To The Tortoise In Our Hare-Brained World (CLICK HERE to get your copy).

article thumbnail

As the SVB dust begins to settle, what’s ahead for startups, VCs and the banking industry?

TechCrunch

The public and private markets are busy digesting a frenetic weekend kicked off by the failure of Silicon Valley Bank late last week. After a run on SVB , an institution where a great many venture capitalists and startups stored their cash, the bank was taken over by the U.S. government after depositors raced to get their capital from the institution.

Banking 232
article thumbnail

NETSCOUT Taps F5 to Optimize Custom App Performance

DevOps.com

Through its alliance with F5, NETSCOUT Systems has extended the reach of its nGeniusOne enterprise performance management platform to support custom applications. The nGeniusONE platform supports more than 1,000 voice, video and business data applications using NETSCOUT InfiniStreamNG appliances in combination with nGeniusONE to provide visibility into any infrastructure environment, including data centers, private and […] The post NETSCOUT Taps F5 to Optimize Custom App Performance appear

article thumbnail

Indonesia’s Broom builds out automated asset-backed lending for used car dealers

TechCrunch

The Indonesian used car market is on a course for growth fueled by a number of trends : the increasing digitization in used car sales; a larger variety of finance options; and the COVID-19 pandemic, which pushed the idea of private car ownership. Broom , an Indonesia-based auto-financing startup that wants to help used car dealers work more efficiently by applying the asset-backed lending model to their businesses — offering in-app trading among dealers and providing new financing to do

article thumbnail

7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

article thumbnail

Five Great DevOps Job Opportunities

DevOps.com

DevOps.com is now providing a weekly DevOps jobs report through which opportunities for DevOps professionals will be highlighted to better serve our audience. Our goal in these challenging economic times is to make it easier for DevOps professionals to advance their careers. Of course, the pool of available DevOps talent is still relatively constrained, so […] The post Five Great DevOps Job Opportunities appeared first on DevOps.com.

DevOps 106
article thumbnail

Volunteer at TC Early Stage for a free pass to TC Disrupt

TechCrunch

What’s it take to bring a tech conference to life? A village, people. Not to be confused with The Village People , but I digress. We’re searching for outstanding volunteers to support our events team and help make TechCrunch Early Stage , our one-day founder summit taking place on April 20 in Boston, Massachusetts, an awesome experience for our attendees.

article thumbnail

Documentation in Agile: Challenges and Trends in 2023

DevOps.com

Agile documentation refers to the creation and maintenance of documentation in an agile software development process. It emphasizes “just enough” documentation that is necessary for the current iteration, preferring documentation that responds to specific needs over extensive upfront documentation. The goal is to provide clear and concise information to support the development team while keeping […] The post Documentation in Agile: Challenges and Trends in 2023 appeared first on DevOps.com

Agile 102
article thumbnail

123 Baby Box delivers for parents seeking children’s products without the hassle

TechCrunch

The internet is a big place, and there are millions of recommendations for products tailored to babies. So how do you find the right products? And why would you trust a 20-something person with no children to help you? Well, Zarina Bahadur got her inspiration, actually, from a mother in the grocery store when she was a student at The University of California Irvine studying business.

article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

article thumbnail

Improving the DevOps Process for Mobile App Developers

DevOps.com

Development teams—perhaps especially mobile development teams—have heavily invested in systems to automate their processes and accelerate the delivery of mobile apps. From build, test and release to tracking and monitoring, the mobile DevOps team depends on systems like Fastlane, Bitrise, Jenkins, Azure Pipelines and GitLab—and really, that list just scratches the surface.

Mobile 100
article thumbnail

Hear from Sequoia Capital and Kleiner Perkins this week on TechCrunch Live

TechCrunch

You’re not going to want to miss this week’s TechCrunch Live events. The startup industry is experiencing unprecedented headwinds, and we want to talk about it. There are two events scheduled, and we’re working on reshaping the conversations to make them relevant in this post-SVB world. First, on Wednesday at 12:00pm , TC+ Editor in Chief and Equity co-host Alex Wilhelm is talking with Mamoon Hamid, partner at Kleiner Perkins, and Arianna Huffington, founder and CEO of Thrive G

article thumbnail

Local Online Marketing Tips that Work for All Businesses

CEO Insider

Local online marketing basically consists of all the marketing efforts you make that are designed to draw local traffic to your website specifically. In other words, this marketing type helps you reach your local audience. The truth is that many people prefer shopping locally when they can. According to statistics recorded in 2021, 70% of […] The post Local Online Marketing Tips that Work for All Businesses appeared first on CEOWORLD magazine.

Marketing 103