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2 minute read
The Brief
Walt Sirene
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R&D and PreSales Technical Director, SAP NS2
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Nantes Kirsten
Director of Financial Analytics & AI, Centre of Excellence Bell Canada
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Simon Morris
VP of Solution Consulting UK&I, ServiceNow
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US Government outlines plans to increase semiconductor production
The Chips Act commits a total of US$280bn to high-tech manufacturing and research, and is designed to increase US competition with China
US technology firms that receive a share of US$53bn of government funding will be banned from building “advanced technology facilities” in China for a decade
$280bn $53bn
Web3-integrated loyalty program to redefine fan experience
Oracle’s CrowdTwist platform is being used to build a first-of-its-kind program that utilises Web3 and rewards customers and fans based on their engagement
Providing developers with the technology for the move to the cloud
During this rapid period of digital transformation enterprises are racing to the cloud. However development teams are struggling with certain challenges.
A recent global survey by Couchbase found that these teams are under pressure and under-supported.
It was found that 88% of respondents are aware of challenges faced by development teams, with the top issues including that deadlines and agility requirements were difficult to meet (42%); that they were being asked to do too much in too little time (40%); or that they did not have the skills (24%) or technology (23%) they needed.
A key element of solving these issues will be improving the developer experience by providing developers the tools they need to be more creative and productive. ZSCALER Cloud security provider Zscaler has announced it has achieved carbon neutral status for 2022, while setting plans to reach net zero emissions by 2025.
TESLA There are signs that the ongoing automotive manufacturing crisis could be easing, as Tesla reduced waiting times in China on its two best-sellers - the entry-level Model 3 and Model Y SUV.
REVOLUT Digital bank Revolut suffered a breach exposing the data of over 50,000 customers. The firm, which has more than 20 million customers, said the number accounts for 0.16% of its customers.
IDC A post-pandemic decline has hit the global wearables segment, with sales falling 6.9% YoY in Q2 2022. According to IDC, demand declined due to inflation, fears of a recession, and consumer austerity.