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Informatica Extends Microsoft Collaboration To Help Companies Operationalise AI

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Informatica

Key Highlights

  • Informatica, an enterprise cloud data management specialist, has been named as an initial partner of the Microsoft Intelligent Data Platform Partner Ecosystem.
  • Microsoft announced the launch of this partner ecosystem during its Microsoft Ignite 2022.
  • This initiative represents an investment both companies are making toward helping enterprises truly operationalize AI with trusted and governed data.

By bringing the end-to-end data management capabilities of the Informatica Intelligent Data Management Cloud (IDMC), which includes analytics and governance to augment the Analytics, data ingestion, and AI/ML capabilities of the Microsoft Intelligent Data Platform (MIDP), the two companies will be deepening their collaboration to drive the next phase of AI-driven digital transformation.

Stewart Bond, VP of Data Intelligence and Integration Software Research at IDC, said that Informatica and Microsoft had been strong partners for years. This latest announcement highlights these two data leaders’ complementary capabilities and should benefit both companies’ customers.

This announcement comes after the recently announced Multidomain Master Data Management-as-a-Service on Microsoft Azure. Informatica has also launched its Data Loader for Microsoft Azure to help enterprises speed up the time from ingestion to business insights.

The no-cost, zero-code, zero-devops, zero infrastructure needed cloud data management SaaS offering will help departmental users across the organization to move from data to insights in minutes, as opposed to weeks.

The Data Loader of Informatica offers a simple three-step, the wizard-driven experience that automatically captures data and schema changes the source systems. Users can load unlimited data into Microsoft Synapse Analytics, putting the recent data at their fingertips to unlock meaningful analytics.

Amit Walia, CEO at Informatica, said that whether customers are focused on accelerating innovation by democratizing data-driven decision-making, achieving agility by decreasing friction in data flows across their data and analytics systems, or ensuring security and governance of their full-data estate Intelligent Data Management Cloud of Informatica offers a best-in-class solution to address each need.

For more updates on cloud industry, Click here

ManageEngine CloudSpend Launches Cloud Cost Management Capabilities

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ManageEngine

Key Highlights

  • The enterprise IT management division of Zoho Corporation, ManageEngine, has launched its cloud observability and cost optimization platform, CloudSpend, for Microsoft Azure.
  • It was already available for AWS.
  • The solution’s business intelligence and smart forecasting capabilities have evolved to address the gap between cost optimization and capacity planning for resources operating in multi-cloud environments.

Public cloud adoption has seen exponential growth in recent years, with spending anticipated to reach $600 billion in 2023. Public cloud offerings are easy to use and flexible. With compliance, scalability and proper security, businesses can achieve their goals faster.

However, cloud users usually overestimate their cloud usage and provision higher thresholds for resources than required. It leads to cloud resources being underutilized or never utilized in some cases.

CloudSpend targets the burgeoning costs of Azure and AWS adoption among public cloud providers. 35% of the businesses have adopted a multi-cloud environment, of which 63% use both AWS and Azure, according to ManageEngine’s State of IT Management Survey Report.

Gibu Mathew, VP of Zoho Corporation, said that the cloud was embraced with the primary notion of reducing capital expenditure, but it inadvertently is why organizations bleed cash systematically. In a cloud-native world where organizations rely on the public cloud for digital transformation, observability and optimization are essential to streamline cloud operations and get the most of the money spent on cloud assets.

Notable Features of CloudSpend

The notable features of CloudSpend include the following:

  • Business units and Chargebacks

With chargebacks, organizations can use native tags to make business units accountable and attribute tags to understand the costs of different projects, teams, departments, or cloud customers

  • Budgets and Forecasts

Businesses can define budget limits for Azure and AWS accounts and receive notifications when spending crosses the budget. Based on historical data, CloudSpend can also provide insightful forecasts.

  • IT Automation

CloudSpend can rightsize cloud resources through IT automation and integrate seamlessly with multiple third-party providers to keep track of spending across vendors.

  • Resource Explorer With Out-of-the-box Visibility

CloudSpend has nine types of system-generated tags to slice and dice AWS and Azure organizations’ expenditures. Teams can schedule reports on various aspects, including linked accounts, regions, service types, and user-defined tags.

  • Multi-currency Support

CloudSpend also supports multiple currencies. It lets finance and IT teams view costs in currencies from 25 geographic locations for various transactions.

With the above features, CloudSpend provides financial planners, IT teams and cloud service providers with the key business intelligence they need to streamline their capital expenditure and scale their businesses without wasting resources.

For more updates on cloud industry, Click here

A Matrix Update Fixes Serious End-to-End Encryption Flaws

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Matrix

Key Highlights

  • The developers of the open-source Matrix messenger protocol have unveiled an update to fix important end-to-end encryption vulnerabilities that bring down the confidentiality and authentication guarantees that have been key to the meteoric rise of the platform.
  • Matrix is a sprawling ecosystem of open-source and proprietary chat and collaboration clients and servers that are completely interoperable.
  • The best-known app in this family is Element, a chat client for Windows, iOS, macOS, and Android, but there’s a dizzying array of other members.

Matrix aims for real-time communication like the SMTP standard for email, which offers a federated protocol allowing user clients connected to various servers to exchange messages with each other. However, unlike SMTP, Matrix provides robust end-to-end encryption, or E2EE, designed to ensure that messages cannot be spoofed and that only the senders and receivers can read the contents.

Matthew Hodgson, the co-founder and project lead for Matrix and the CEO & CTO at Element, maker of the flagship Element application, said in an email that conservative estimates are that there are about 69 million Matrix accounts spread throughout some 100,000 servers.

Currently, Matrix sees about 2.5 million monthly active users using its Matrix.org server, though he said this is also likely underestimated. Among the hundreds of organizations announcing plans to build internal messaging systems based on Matrix are Mozilla, KDE, and the governments of France and Germany.

A team published research that reports a various vulnerabilities that undermine authentication and confidentiality guarantees of Matrix. All the attacks described by the researchers require the aid of a malicious or compromised home server that targets the users who connect to it. There are ways for experienced users, in some cases, to detect that an attack is underway.

The researchers reported the vulnerabilities to Matrix privately earlier this year. They agreed to a coordinated disclosure timed to the release by Matrix of updates that address the most serious flaws.

The researchers wrote in an email that the attacks allow a malicious server operator or someone who gains control of a Matrix server to read users’ messages and impersonate them to each other. Matrix aims to protect against such behavior by providing end-to-end encryption, but the attacks highlight flaws in its protocol design and flagship client implementation Element.

For more updates on cyber security, click here.

A New Linux Tool Aims To Guard Against Supply Chain Attacks

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Linux Tool

Key Highlights

  • In the wake of alarming incidents such as Russia’s massive 2017 NotPetya malware attack and the Kremlin’s 2020 SolarWinds cyberespionage campaign, both pulled off by poisoning wells for software distribution, organizations around the world have been scrambling to get a handle on software supply chain security.
  • In general, and especially for open-source software, the stronger defense rests in knowing what software is being run, with a crucial focus on enumerating all the little pieces that make up the whole and validating that they are what they should be.

Creating a system to generate a manifest of what is inside every box in every basement and garage is a massive effort. Still, a novel Linux tool from security firm Chainguard aims to do just that for the software “containers” that currently underlie almost all digital services.

Chainguard launched a Linux tool known as Wolfi, designed particularly for how digital systems are built now in the cloud. Most consumers don’t use Linux, the famed open-source operating system, on their personal computers. But the open-source operating system is widely used in servers and cloud infrastructure worldwide, partly because it can be deployed flexibly.

Unlike operating systems from Microsoft and Apple, where the only choice is whatever ice cream flavor they release, the open nature of Linux allows developers to create all sorts of flavors, known as “distributions,” to suit specific cravings and needs. But the developers at Chainguard, who have all worked in open source software for years, including on other Linux distributions, felt that a key flavor was missing.

Chainguard principal engineer Ariadne Conill says they have built a distribution that will work well for enterprises looking to address supply chain security seriously. Different distributions have various pieces of software that include curated collections. It is a huge advantage for software developers to get their stuff right.

The new Linux tool, Wolfi, is designed to work smoothly with other tools from Chainguard that help developers build out and add to the software in their container securely.

The stakes are high in software supply chain security, specifically in open-source environments with fewer resources to invest in improvements, and governments have started taking the problem seriously.

In May 2021, the Biden administration issued an executive order that addressed software supply chain security imperatives. And last week, the White House announced that the US Office of Management and Budget had issued specific supply chain security guidance to federal agencies.

For more updates on cyber security, click here.

Apple Tries To Make The Lives Of Developers A Whole Lot Easier

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Apple

Key Highlights

  • Apple revealed a new support package for developers that will help them adopt the latest technologies of the company.
  • Ask Apple is a new service that comprises interactive Q&As and one-on-one office hour consultations and joins several other programs such as Tech Talks and Meet with App Store Experts.
  • The one-on-one sessions are bookable in 25-minute slots.

Apple has announced a novel support package for developers. Apple hopes it will help developers adopt the company’s latest technologies, such as the iPhone 14 Pro’s Dynamic Island.

Less than a month after launching the latest iPhone 14 range, VP for Worldwide Developer Relations, Susan Prescott, explained that the company has seen an increased appetite for one-on-one support and conversation.

Ask Apple is a new service that comprises interactive Q&As and one-on-one office hour consultations and joins many other programs such as Tech Talks and Meet with App Store Experts.

Apple says that creators of the application from its Developer Program and Developer Enterprise Program can ask about things such as “testing on the latest seeds; implementing new and updated frameworks from Worldwide Developers Conference (WWDC); adopting new features like the Dynamic Island; moving to Swift, SwiftUI, and accessibility; and preparing their apps for a new OS and hardware releases.”

Depending on the level of assistance developers require, they can connect with Apple experts on Slack to ask questions and share their learnings or take advantage of personal consultations to discuss design guidance, code-level assistance, input on implementing technologies and frameworks, advice on resolving issues, or help with App Review Guidelines and distribution tools.

The one-on-one sessions are bookable in 25-minute slots according to MacRumours. Apple says Ask Apple will be an ongoing series. The first round of opportunities is set for the week of 17th October 2022, with no word on future dates. Most importantly, Ask Apple is designed to be free of charge within the environment of a Developer account.

For more updates on ecommerce industry, Click here.

Shopify Makes It Easier For US E-commerce Sites To Manage Taxes

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Shopify

Key Highlights

  • Shopify has introduced a new tool to its offerings in a bid to ease some of the managing processes facing sellers in the US.
  • Shopify Tax includes a feature that helps highlight when a business in the US is liable and a solution for ecommerce platform owners to collect the right amount of tax at the right time.

Concentrating on SMBs, the sales tax calculation tool is free for the first $100,000 in sales each year for owners of online stores. Post that, a transaction fee will apply per order in jurisdictions where taxes are collected.

Easy On The Tax

Shopify Tax also gives sales tax insights that ensure merchants have a clear view of their current and upcoming tax calculations.

Vibhor Chhabra, head of tax products at Shopify, says the tool will be entirely free for the remainder of 2022, regardless of how much a business sells.

He says their long-term goal is to build a truly end-to-end solution for businesses. Today, They are starting by focusing on two areas, i.e., knowing when owners are liable and calculating and collecting tax.

The team at Shopify actively monitors the most common and pressing requests they get from merchants. This information helps them decide what to build next and learn whether their products or alternatives meet sellers’ needs. These two areas appeared at the top of those lists consistently.

The Shopify Tax tool also send notifications to merchants about any significant changes in the tax world that might impact their business and advises on the best action to move forward. Chhabra also mentions that Shopify deciphers the 11,000+ US sales tax jurisdictions, so merchants do not have to.

The tool also includes a product categorization feature that helps merchants ensure they are collecting the proper tax rates on products by suggesting the tax category that best fits each item on their site.

For more updates on ecommerce industry, Click here.

Big Banks Planning A PullBack On New CRE Loans As Interest Rates Rise

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CRE Loans

Key Highlights

  • Earlier this year, big banks are changing course and planning a pullback on new CRE loans as interest rates increase.
  • It was reported that projections from the Mortgage Bankers Association expected commercial and multifamily lending to fall to $733B this year, an 18% drop from 2021.

After setting records for commercial real estate lending earlier this year, the biggest banks in the country are changing course and planning a pullback, citing weakening demand and concerns about the effects of higher and heavily increasing interest rates.

Bloomberg reported that Wells Fargo & Co., Bank of America Corp., Morgan Stanley, Goldman Sachs Group, and JPMorgan Chase & Co. are all tightening their purse strings regarding commercial real estate, issuing fewer new loans, and having stricter terms on those they issue.

According to Federal Reserve data cited by Bloomberg, the drop-off is noticeable because US banks lent $316B in net new commercial real estate loans in the first half of this year. The lending boom constituted a 172% increase over H1 2021 numbers and came as higher interest rates made borrowing twice as expensive.

Eastdil Secured President Michael Van Konynenburg told Bloomberg that commercial lending from the biggest banks could be less than 50% in the latter half of this year compared to the first if the current pace holds.

It was reported that projections from the Mortgage Bankers Association expected commercial and multifamily lending to fall to $733B this year, an 18% drop from 2021.

Newmark Head of National Loan Sales Brock Cannon told Bloomberg that these banks had been asked to slow down on lending to CRE, especially on office properties. He added that the government is trying to get its arms around everything to see how impactful this will be; how severe the losses will be.

The office is often singled out as the most vulnerable asset class, primarily due to the lingering uncertainty about whether workers will ever return to their workplaces at a large enough volume to sustain the property type.

For more updates on real estate industry, click here.

SpaceX’s Falcon Heavy Rocket Set To Launch In October On 1st Mission Since 2019

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SpaceX Rocket

Key Highlights

  • The first Falcon Heavy rocket of SpaceX is set to take place at the end of October in more than three years, carrying a national security mission for the US Space Force.
  • According to a Space Force official, Spaceflight Now reported that the fourth Falcon Heavy rocket is set to launch from Complex 39A at NASA’s Kennedy Space Center in Florida on 28th October.

The Mission is codenamed USSF-44 and has been delayed for two years because of issues with the payload. Those issues have now been resolved, but no further details are provided.

Though a microsatellite named TETRA 1, built by Millennium Space Systems, will be along for the ride, very few details of the USSF-44 Mission are known. According to a request for proposals issued to prospective launch providers, the combined mass of the payloads will be less than 8,200 pounds (3,700 kilograms).

The Falcon Heavy rocket is a two-stage rocket, with the first stage consisting of three cores, each equivalent to a Falcon 9 rocket. Each core has nine Merlin engines. The 27 engines on the Falcon Heavy’s first stage produce more than 5 million pounds (22,819 kilonewtons) of thrust at liftoff.

The two side cores for the Mission are planned to land at the recovery zone of SpaceX at Cape Canaveral Space Force Station, but the launch profile means that the core stage will not have enough fuel remaining to attempt its landing.

According to SpaceX, the 230-foot-tall (70 meters) Falcon Heavy rocket can lift approximately 141,000 lbs. (64 metric tons) of payload to low Earth orbit, making it the most powerful operational rocket when it launched for the first time in February 2018.

Though the Falcon Heavy has launched just three times, the rocket will carry several major missions in the future, that includes the Psyche asteroid mission in 2023, Europa Clipper in 2024 and the dark matter-hunting Roman Space Telescope in 2026.

For more updates on space industry, Click here.

Japanese Space Rocket Launch Fails In Blow For JAXA

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Space Rocket

Key Highlights

  • Japan’s space agency said that the Japanese space rocket launch taking satellites into orbit to demonstrate new technologies failed after blast-off on 12th October due to a positioning problem.
  • It was the first failed launch of Japan in nearly two decades and the only one for an Epsilon space rocket, a solid-fuel model that has flown five successful missions since its 2013 debut.

Yasuhiro Funo of JAXA, who led the project, said that the unmanned craft took off from Uchinoura Space Center in the southern Kagoshima region, with its lift-off live-streamed by the Japan Aerospace Exploration Agency (JAXA). But a self-destruct signal was sent to the rocket less than 10 minutes later due to positioning abnormalities.

The live stream was stopped, and presenters wearing hard hats told viewers there had been a problem with the launch.

At a press conference, Funo explained that a technical issue was detected before the third and final stage of the launch, just as the final powerful booster was about to be ignited. He said that they ordered the rocket’s destruction because if they cannot send it into orbit as planned, they don’t know where it will go, leading to safety concerns about where the machinery could fall.

He added that after the mission was aborted, the parts of the rocket were assumed to have landed in the sea east of the Philippines.

The last failed space launch of Japan was of a pair of spy satellites to monitor North Korea in 2003, and the only other time JAXA sent a destroy order to a rocket was in the year 1999.

The space program of Japan is one of the largest in the world. As part of the Crew-5 mission, JAXA astronaut Koichi Wakata flew to the International Space Station last week.

JAXA has also been in the spotlight after its mission to the asteroid Ryugu by a space probe named Hayabusa-2, which gathered new material from the celestial body that is now being analyzed for clues to the origins of life.

For more updates on space industry, Click here.

Ebola Outbreak Prompts Uganda To Host Regional Meeting With CDC & WHO

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Ebola-Uganda

Key Highlights

  • Uganda will host a regional meeting with CDC and WHO on the Ebola virus outbreak.
  • Forty-three cases have been confirmed.

The Africa Centers for Disease Control and Prevention says that Uganda will host a ministerial meeting next week on the outbreak of the Sudan strain of the Ebola virus, which has no proven vaccine and has created alarm in the East Africa region.

Acting director Ahmed Ogwell told journalists that the three countries that suffered the devastating West Africa outbreak of Ebola in 2014-16, Sierra Leone, Guinea and Liberia, are invited to the 12th October meeting.

The ongoing Ebola outbreak in central Uganda has a 69% case fatality rate. Ogwell said the rate is “very high.” Four health workers who have died are among the 30 people. There have been 43 confirmed cases. None have been reported in the capital, Kampala.

Ogwell said the exposure of health workers was at the start of the outbreak “when we did not know what we were dealing with.” He disagreed with the suggestion that the infections indicated the outbreak was getting out of hand.

He said over 860 active contacts had been listed, and at least 78% of them are being monitored, a situation that has almost doubled from a week ago.

The Africa CDC said it had procured 20,000 test kits that should arrive early next week for the region, and it will ship stockpiles of personal protective equipment next week.

Ebola can be hard to identify at first since fever is also a symptom of malaria. Ebola, which manifests as viral hemorrhagic fever, is spread through contact with the bodily fluids of an infected person or contaminated materials. Symptoms include fever, diarrhea, vomiting, muscle pain and, at times, internal and external bleeding.

Uganda has had various Ebola outbreaks, including one in 2,000 that killed over 200 people.

For more updates about healthcare industry, click here.