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No More Walled Gardens As Multicloud Agility Comes to Financial Services

No More Walled Gardens As Multicloud Agility Comes to Financial Services

by Midsou_Admin | Dec 1, 2025 | Uncategorized

For most of the past decade, the cloud landscape has resembled a giant, digital land grab. Hyperscalers fought for enterprise workloads one contract at a time, while the largest providers, with Amazon Web Services (AWS) and Google Cloud foremost among them, built...
Private Credit Boom Threatens Stability, Says Global Watchdog

Private Credit Boom Threatens Stability, Says Global Watchdog

by Midsou_Admin | Dec 1, 2025 | Uncategorized

Private credit, representing lending by nonbank entities to companies, has in recent years come to rival traditional bank lending in size and influence. According to the U.S. Federal Reserve, private credit outstanding has roughly doubled over the past five years. At...
MIT Says AI Could Replace Nearly 12% of US Workforce

MIT Says AI Could Replace Nearly 12% of US Workforce

by Midsou_Admin | Dec 1, 2025 | Uncategorized

Artificial intelligence systems can already perform tasks equal to 11.7% of the workforce in the United States, according to research from the Massachusetts Institute of Technology released Wednesday (Nov. 26). That represents about $1.2 trillion in wages tied to...
US Factory Activity Shrinks the Most in Four Months Amid Weak Orders, Tariff Uncertainty

US Factory Activity Shrinks the Most in Four Months Amid Weak Orders, Tariff Uncertainty

by Midsou_Admin | Dec 1, 2025 | Uncategorized

U.S. manufacturing activity contracted in November by the most in four months, signaling that producers are struggling to overcome an extended period of malaise, Bloomberg reported Monday (Dec. 1). Based on a new survey, the Institute for Supply Management’s (ISM’s)...
Insurer Beazley Steps Back From Cyber Market as Attacks Surge

Insurer Beazley Steps Back From Cyber Market as Attacks Surge

by Midsou_Admin | Nov 30, 2025 | Uncategorized

One of the world’s largest cyber insurance firms is reportedly pulling back from the market. That company, Beazley, is dealing with increasing claims and falling prices, even as competitors double down on policies covering ransomware demands and other cyberattacks,...
Amazon and Walmart-Owned Flipkart Make Lending Push in India

Amazon and Walmart-Owned Flipkart Make Lending Push in India

by Midsou_Admin | Nov 30, 2025 | Uncategorized

Retail rivals Walmart and Amazon are reportedly expanding their lending footprint in India. For Amazon, that means plans to offer loans to small business owners in the world’s most populous country, while the Walmart-owned Flipkart is exploring buy now, pay later...
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