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25 Sep 23

Updated: 25 Sep 23

AMZN accelerates
AI collaboration

Jassy "customers will gain
huge productivity benefits 

Amazon wis investing up to $4Bn in San Francisco-based AI startup Anthropic, as the two parties collaborate to advance generative AI. "Customers are quite excited about Bedrock, AWS’s new managed service and Trainium, its training chip; with Anthropic it should help customers get even more value" said CEO Andy Jassy

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20 Sep 23

Updated: 20 Sep 23

HPE homes in
on Hybrid Cloud

Neri overhauls Greenlake
leadership, "unifies" team 

Hewlett Packard Enterprise (HPE) is restructuring to accelerate its hybrid cloud sales offensive, creating a new organization that includes the storage business unit. ‘These changes to HPE’s structure and leadership will further unify our portfolio and enhance the delivery of a true cloud experience for our customers and partners" commented ceo Antonio Neri

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18 Sep 23

Updated: 18 Sep 23

TDSynnex synergies
see low layoff levels

<2% workforce involved
in voluntary severance 

Global #1 tech $60Bn wholesaler TD SYNNEX let go of around 100 employees on Friday, just two months after distributor implemented a voluntary severance program.  CEO Rich Hume said the cuts are related to “merger synergies" following the 2021 marriage of Tech Data and Synnex

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14 Sep 23

Updated: 18 Sep 23

Buffett cuts losses
on huge HP stake

Has legendary investor seen
through ceo's hollow plans?

Warren Buffett's Berkshire Hathaway has sold about 5.5 million shares of HP Inc. undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers. We never understood why such a savvy investor could see a profitable future in such a tech relic boosted only by price hikes on falling volumes?

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13 Sep 23

Updated: 20 Sep 23

Amazon v FTC:
Beware the split?

Markets fear separation 
of retail, AWS & logistics 

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12 Sep 23

Updated: 12 Sep 23

Alibaba allchange
mngment moves

CEO Zhang quits. New
younger team takeover 

Alibaba's shares fell 3% after its outgoing CEO Daniel Zhang will also step down as chairman and head of its Cloud Intelligence unit. It will focus on two main themes going forward, "user first" and "AI-driven" according to new CEO Eddie Wu Yongming. We analyze moves and plans....

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12 Sep 23

Updated: 12 Sep 23

Stratasys r e j e c t s
3DSystems new bid

Market maelstrom reflects
why growth is secondary 

3D Printing leader Stratasys has received a revised offer from #1 competitor 3D Systems. The 3D market bubble has truly burst, yet management is in denial, with optimism rife in spite of reality. Meanwhile, both are making acquisitions to deflect from organic decline with continued losses.

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11 Sep 23

Updated: 12 Sep 23

Apple main event's

'Wonderlust' theme

iPhone 15 & Watch S9
get earthy makeovers

Apple the ultimate personal productivity tool and services designer is expected to debut a plethora of new items for the market, including a new iPhonea and Watch. Apple has titled their 2023 event "Wonderlust", leaving people questioning the name of the technology giant's showcase night. Report later today

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9 Sep 23

Updated: 12 Sep 23

SCC scales up
towards £3B revs

Adds UK tech reseller in
digital transformation drive

SCC Group the leading European IT reseller confirmed another UK acquisition as part of its £300m digital transformation programme. CEO James Rigby continued to drive the strategy aimed at consolidating the company’s position as Europe's #1 private tech services provider 

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8 Sep 23

Updated: 11 Sep 23

Computacenter
crests over $8Bn

Growth from IT sourcing
+ Services inc. acqustns

Computacenter the international IT reseller shattered $8Bn revenues for the first time in 2022. CEO Mike Norris reported a "strong H1'23 and looks forward positively to growth stating "Demand from our largest customers remains solid, particularly for IT infrastructure"