Fujitsu

Years after UK Post Office scandal broke, Accenture and OneView Commerce bag contract to replace Horizon

DriveNets secures $410 million in latest funding round, AMD joins as investor

DriveNets secures $410 million in latest funding round, AMD joins as investor June 1 : DriveNets, an Israeli networking software firm, said it has raised $410 million in its latest funding round led by Bessemer Venture Partners and Atreides Management, taking its total capital-raise so far to $1 billion. New investors AMD and Red Dot Capital joined the round, while existing investors Pitango and D1 Capital Partners also participated. The company would use the proceeds to meet the surging...

UK tax collector hands Capgemini £600M contact center deal, delays start of £2.4B CRM contract

The UK’s tax collector has chosen French consultancy giant Capgemini for a £600 million contact center deal, while pushing back the award and start of its £2.4 billion customer relationship management contract. HM Revenue and Customs (HMRC) awarded Capgemini’s UK unit its Contact Centre as a Service contract, worth £600 million including VAT and lasting up to 10 years, on 27 April. It received 13 bids and has also short-listed Canadian-headquartered CGI for the deal.

Intel Diamond Rapids to boost core counts to 192, but RIP Hyperthreading

Intel’s upcoming Diamond Rapids Xeon will boost core counts to 192, a 50 percent increase over last generation, the x86 giant revealed at Computex in Taipei this week. But while core counts continue to rise, in doing so Intel has managed to cut thread counts by a quarter. Yep, Hyperthreading – Intel's marketing for simultaneous multithreading – is officially dead.

Palantir Contracts Have Become ‘An Unacceptable Point of Weakness,’ UK Politicians Warn

A bipartisan group of UK politicians is sounding the alarm over the country's partnership with the data analytics company Palantir. In a report published Tuesday, the 11 members of Parliament’s Science, Innovation, and Technology Committee warned that the country’s ballooning reliance on Palantir’s technology “represents an unacceptable point of weakness” that could hand the company overwhelming bargaining power in future negotiations. “We know that with vendor lock-in, over time, we’ll get...

Trump pumps federal funds into coal plants in the name of energy security

The Trump Administration is using Cold War-era rules to authorize up to $500 million in funding to keep 13 coal-fired power plants going and build a coal export terminal in California. America's Department of Energy (DoE) says it is securing the funding via the Defense Production Act (DPA), which grants the president authority to use federal financial incentives to stimulate private domestic industry deemed critical to national defense. At the same time, the DoE announced that one of the...