Welcome to IT Pro's News in Review, a weekly bite-sized bulletin of the top tech stories of the week, for the week ending 26 August, 2022.
This week's stories:
- Fujitsu becomes Japan's first domestic company to commercialise quantum computing
- IT teams need to optimise and tackle tech debt ahead of economic downturn, warn analysts
- Intel strikes $30 billion private equity partnership to fund Arizona plant expansion
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Everything we know about the Plex data breach so farNews Plex advised users to sign out of any connected devices that are currently logged in and enable two-factor authentication if they haven’t already.
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Mainframes are back in vogueNews Mainframes are back in vogue, according to research from Kyndryl, with enterprises ramping up hybrid IT strategies and generative AI adoption.
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AI tools are a game changer for enterprise productivity, but reliability issues are causing major headaches – ‘everyone’s using AI, but very few know how to keep it from falling over’News Enterprises are flocking to AI tools, but very few lack the appropriate infrastructure to drive adoption at scale
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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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Pegasystems teams up with AWS to supercharge IT modernizationNews The duo aim to create deeper ties between the Blueprint, Bedrock, and Transform services
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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
