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Global IT Spending Forecasted to Increase by 9.8% Worldwide, Despite GenAI’s Influence on Investments Not Being Directly Linked

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2 days ago
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Gartner predicts that global IT spending in 2025 will grow by 9.8% from the previous year, reaching a staggering $5.61 trillion. Generative AI will influence IT investments, but spending will...

Quarterly Performance Report: Apple Revenue Drops by 4%, iPhone Sales Decline by 10%

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9 months ago
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Apple reports its financial results for the fiscal quarter ending in March 2024, showing a decrease in overall revenue compared to the same quarter in the previous year, in line...

High Growth of Cloud Business Revenues in Oracle’s Latest Quarter Driven by Strong Demand in AI Services

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1 year ago
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In accordance with the financial report for the first quarter of fiscal year 2024 released by Oracle, the company’s total revenue, as per GAAP accounting standards, amounted to $12.453 billion,...