China’s Singles Day sales festival wraps up with e-commerce giants reporting sales growth
By Casey Hall SHANGHAI (Reuters) – Alibaba Group reported that its Chinese e-commerce platforms Tmall and Taobao recorded “positive” year-on-year growth over this year’s Singles Day sales period, which wrapped…
India’s Wipro asks employees to work from office thrice a week
By VarunVyas Hebbalalu and Sai Ishwarbharath B BENGALURU (Reuters) – Wipro, India’s fourth-largest IT services provider, is mandating that all its employees globally work from office at least thrice a…
The difference between digital transformation and digitization
Digitalization and digital transformation are concepts that are often used as synonyms, but they are not. It is one thing to digitize. It is another to achieve a digital transformation.…
Zalando cuts 2023 sales forecast as demand stays weak
By Helen Reid LONDON (Reuters) – Europe’s biggest online fashion retailer Zalando sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline,…
As baby boomers retire, German businesses turn to robots
By Maria Martinez BERLIN (Reuters) – At machine parts producer S&D Blech, the head of the grinding unit is retiring. With Germany’s acute labour shortage leaving few candidates to take…
ECB starts preparation for digital euro in multi-year project
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank (ECB) took a further step on Wednesday towards launching a digital version of the euro that would let people in…
Secure telecommuting: the vital role of VPNs in remote work
In the wake of the COVID-19 pandemic, the landscape of work has been forever altered, with remote work now an integral facet of the modern workforce. A report from Coresignal highlights that…
EU to assess risks of critical technologies being weaponised
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission will assess the risks of four critical technologies, including semiconductors and artificial intelligence, being weaponised by countries not aligned with…
Cyberattacks in Healthcare: insights with Stéphane Duchesne
Cyberattacks, which already made it to the top five risks in 2020, have witnessed a staggering 600% increase since the onslaught of the COVID-19 pandemic. This alarming trend has left…
In major blow to TikTok, Indonesia bans e-commerce transactions on social media
By Dewi Kurniawati and Stanley Widianto JAKARTA (Reuters) – Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video…