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Cloud banking fintech unicorn cuts 50 staff

UK fintech unicorn Thought Machine has cut 50 staff in roles it said were no longer needed, with sales and marketing positions mainly affected. The cloud-based core banking software provider, which now employs 590 staff, has grown rapidly and accumulated significant customers from the challenger and traditional bank sectors. Lloyds Banking Group, JPMorgan Chase, SEB,…

Scality gets a jump with VMware Cloud Director integration

Object storage specialist Scality has become the first supplier to gain integration with VMware’s Cloud Director via OSIS (Object Storage Interoperability Service). VMware Cloud Director provides deployment and management for cloud service providers and the move will allow Scality to get a head start in the market for regional cloud service provision, which it sees…

The Intel Innovation 2023 Keynote Live Blog (8:30am PT, 15:30 UTC)

Kicking off this morning is Intel’s annual technology conference, Innovation. The second year of the revived show once again has Intel’s CEO Pat Gelsinger leading things off, with what’s scheduled to be a 90 minute keynote. Intel has four major themes for this year’s show: Accelerating the AI Era Transformative Innovation for the Future of…

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