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System Vulnerabilities Are an Issue for Everyone in the Cloud Environment

System Vulnerabilities Are an Issue for Everyone Over the past decade, we have seen a drastic increase in the number of companies relying on cloud services. Given the nature of the cloud as a shared-resource environment, threats that infiltrate the system of a single provider
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Ben Ferguson

7 Reasons Why You Should Consider Deploying SD-WAN Alongside Public Cloud Services

Why You Should Consider Deploying SD-WAN Software-defined WAN (SD-WAN) and public cloud IaaS services both offer powerful benefits to virtually any business. Many of these same businesses, however, are missing out on an incredible opportunity by either accessing the internet using SD-WAN technology or using public
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Reuters news

Pitney Bowes to sell software solutions unit for $700 million to cut debt

Mail management company Pitney Bowes Inc (PBI.N) said on Monday it would sell its software solutions unit to enterprise solutions provider Syncsort for $700 million in an all-cash deal, as it looks to cut its debt.

Shares of Pitney rose about 7.5% in premarket trading, after the company said it will use the sale proceeds to pay its short-term debt.

“We have several tranches of debt that are maturing over the next two years and we will use the majority of the net proceeds from this transaction to pay down that debt and we will refinance the remainder,” said Stan Sutula, executive vice president and chief financial officer.

Pitney cut its 2019 adjusted earnings forecast in the range of 65 cents to 75 cents from 90 cents to $1.05 estimated earlier, and revised its full-year revenue forecast to 1%-2% from 1%-3%…

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Reuters Contributor
Reuters Tech News
Reuters is an international news organization. It is a division of Thomson Reuters and has nearly 200 locations around the world. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.
Vibhav Agarwal

Principles of an Effective Cybersecurity Strategy

Effective Cybersecurity Strategy A number of trends contribute to today’s reality in which businesses can no longer treat cybersecurity as an afterthought. These include a ...
Understanding Data Governance - Don't Be Intimidated By It

Understanding Data Governance – Don’t Be Intimidated By It

Understanding Data Governance Data governance, the understanding of the raw data of an organization is an area IT departments have historically viewed as a lose-lose ...
Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

Cloud-Enabled Managed Hosting Provider We are all familiar with the old saying “That's like comparing apples to oranges” and though we learned this lesson during ...
Apple

Apple says $14 billion EU tax order ‘defies reality and common sense’

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LUXEMBOURG (Reuters) - The European Union’s order for Apple (AAPL.O) to pay 13 billion euros ($14 billion) in back taxes to Ireland “defies reality and common sense,” the U.S. company ...
Nvidia News

Seasons of Learning: 700+ Interns Take NVIDIA by Storm

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There are no coffee runs in sight for NVIDIA interns. Unless it involves building vehicles to make those runs autonomously. This year, more than 700 interns have joined NVIDIA across 30 ...
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Amazon Expands Chicago Tech Hub and Announces Plans to Create 400 New Tech Jobs

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Amazon to double its tech workforce in downtown Chicago Tomorrow, September 17th, Amazon will hold ‘Amazon Career Day’ event in Chicago for job seekers to learn more about the hundreds of open positions across Illinois—candidates can register ...

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