Cloud AI market to hit $647,6bn by 2030

The global cloud AI market size is projected to reach $647,6-billion by 2030, registering a CAGR of 39,6% from 2023 to 2030, according to a new report by Grand View Research. The key factors propelling the growth of the market are the demand for intelligent virtual...

What’s new on the cyberthreat agenda in META?

Artificial intelligence, compromised corporate data on the Darknet, risks carried by deepfakes and critical industry-specific threats are all driving increased cyberthreats in the Middle East and Africa region. “Considering how quickly the threat landscape is...

Smartphone market woes continue with 14,6% decline

Worldwide smartphone shipments declined 14,6% year over year to 268,6-million units in the first quarter of 2023 (1Q23), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This marks the seventh...

Chinese banks extend lending dominance

Chinese banks extended their dominance as the world’s largest lenders in 2022 despite rate hikes and slowing economic growth while their global peers saw declines in balance sheets. This is according to the largest Global Bank Ranking published by S&P Global...

Medusa, Nevada lead the ransomware charge

Data reveals that a total of 167 new ransomware groups were discovered in Q1 2023. BitcoinCasino’s financial expert Edith Reads comments: “This is a clear sign of the growth in ransomware activity. Many of these groups are trying to exploit security flaws,...

Big drop in Bitcoin trading volume

Historically, April has been one of the strongest months for Bitcoin and other cryptocurrencies, bringing the biggest average monthly returns. However, this year, that wasn’t the case. Although Bitcoin topped over $30 400 on 18 April, reaching the highest level...