Welcome to IT Pro's weekly News in Review, a new way for you to discover some of our award-winning content in just two minutes, for the week ending 26 March 2021.
This week's top news stories:
- Is Microsoft preparing to buy Discord?
- Pat Gelsinger reveals $20 billion plan to boost Intel's future
- LG smartphones could be a thing of the past
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New chapter, same partners: Keeping the channel aligned with changeIndustry Insights How to maintain strong channel partnerships amid evolving strategies and market change
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Palo Alto Networks snaps up CyberArk in identity security pushNews The acquisition marks the latest in a string for Palo Alto Networks
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Intel to axe 24,000 roles, cancel factory plans in sweeping cost-cutting moveNews Despite better than expected revenue in its Q2 results, the chip giant is targeting a leaner operation
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Intel makes high-level hires while factory workers are warned of layoffs
News The company is appointing four senior executives as part of efforts to refocus on engineering and customer relationships
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Intel layoffs confirmed as CEO eyes 'sustainable growth'Intel’s new CEO Lip-Bu Tan has confirmed the company will be cutting its headcount in response to sluggish revenue.
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Everything you need to know about Lip-Bu Tan, Intel’s new CEONews Intel has announced its next CEO in the wake of Pat Gelsinger's retirement, naming former board member Lip-Bu Tan as its new leader months after he quit.
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Intel CEO Pat Gelsinger announces retirementNews Gelsinger’s departure comes amid a tumultuous period at Intel
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AMD to cut around 1,000 staff to focus on "growth opportunities"News The AMD layoffs come after rival Intel cut staff on the back of flagging AI returns
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Meta layoffs hit staff at WhatsApp, Instagram, and Reality Labs divisionsNews The 'year of efficiency' for Mark Zuckerberg continues as Meta layoffs affect staff in key business units
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The power and the pain: Looking forward so you’re not held backAvoiding server modernization may seem like a cost-saving strategy, but the hidden risks of downtime, security breaches, and operational inefficiencies can quickly become far more costly…
