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☆ How to choose the right 5G infrastructure provider for your business
▼ + stars: | 2023-10-24 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +4 min

But finding the right infrastructure provider to support your organization can be tricky. But how can you separate the wheat from the chaff and pick the right infrastructure provider for you? "First and foremost, when selecting your 5G infrastructure provider, evaluate the longevity and reliability of their solutions," Vance Tran, a cofounder of the tech-advisory website Pointer Clicker, said. "For enterprise-centric private 5G deployments, it is essential to choose a provider that has considered the nuances of the enterprise world," Parm Sandhu, the vice president of enterprise 5G products and services at NTT Ltd, said. "That means the private 5G must be an extension of the existing LAN."

Persons: —, Fabio Giust, Giust, Vance Tran, Pointer Clicker, Parm Sandhu, Sandhu, downscaling, Alan Jones, you've Organizations: Service, 3GPP, NIST Secure Software, NIST, NTT Ltd Locations: Ireland

☆ Pro Take: Chief Executives Turn to CIOs for Digital Leadership
▼ + stars: | 2023-10-23 | by ( Steven Rosenbush | ) www.wsj.com time to read: 1 min

Gartner’s Don Scheibenreif, right, and Mary Mesaglio discuss the new relationship between artificial intelligence and people at the Gartner IT Symposium/Xpo in Orlando, Fla., on Monday. Photo: Steven Rosenbush / The Wall Street JournalChief information officers have emerged in a stronger position than many experts expected during the past few years because of the forces unleashed by the pandemic and disruptive advances in artificial intelligence. CIOs, who bridge technology and business leadership, are viewed by many chief executives as critical to adopting AI, cloud computing and cybersecurity, all now seen as inseparable from business itself. Increasingly, companies believe they must transform for a new AI era, just as they did to keep pace with mobile computing and the internet.

Persons: Don Scheibenreif, Mary Mesaglio, Steven Rosenbush Organizations: Gartner, Street Locations: Orlando, Fla

☆ CIOs Feel Heat From CEOs on Generative AI
▼ + stars: | 2023-10-03 | by ( Steven Rosenbush | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Companies want to spend more on AI to defeat hackers, but there's a catch
▼ + stars: | 2023-10-03 | by ( Rachel Curry | ) www.cnbc.com time to read: +4 min

And there is risk that as AI speeds the development of software, new iterations will roll out so quickly that flaws may be missed. Less panic, more preparednessExperts view cloud migrations and AI as the two biggest threats to an organization's cybersecurity right now. "Every company is going to have to be concerned about how well they're protecting their assets and information as they move to the cloud," Casey said. Casey also recognizes that developers are creating software faster with AI. "If we're developing software faster, we're introducing vulnerabilities faster.

Persons: Mike Scott, CISO, Scott, Andrew Casey, Casey, I've, that's, CISOs, they've Organizations: IBM, Benz, ADP

☆ The inflation threat isn't over yet – and the Fed won't ease up in fighting it overnight, the co-chief investor of the world's largest hedge fund says
▼ + stars: | 2023-09-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The inflation threat isn't over and interest rates won't sink overnight, Bridgewater's co-CIO says. Karen Karniol-Tambour sees little reason for rate cuts with a strong economy and sticky inflation. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Indeed, the Fed may realize that inflation isn't fading, and markets are pricing in rate cuts that it's uncomfortable making, Karniol-Tambour said. Even so, bond investors are pricing in a "pretty good number of rate cuts" starting next year, Karniol-Tambour said.

Persons: Bridgewater's, Karen Karniol, Tambour, David Rubenstein, Jerome Powell, Ray Dalio, Nir Bar Dea, CIOs, Greg Jensen, Bob Prince Organizations: Service, Bridgewater Associates, Bloomberg Locations: Wall, Silicon

☆ JPMorgan says Oracle could have more downside ahead following earnings sell-off
▼ + stars: | 2023-09-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Oracle could see more pain ahead, even when accounting for Tuesday's slide, according to JPMorgan. Analyst Mark Murphy downgraded the cloud stock to neutral from overweight and cut his price target by $12 to $100. Oracle offered mixed results for its fiscal first quarter Monday, with the company missing consensus expectations of analysts polled by LSEG for revenue despite beating on earnings per share. Oracle now also has raised concerns about its ability to execute on a data center buildout that could hamper cloud growth. And though there's reasons to be excited about AI, he did note a survey of CIOs left "room for improvement."

Persons: Mark Murphy, Murphy, there's, It's, CIOs, There's, — CNBC's Michael Bloom Organizations: Oracle, JPMorgan, LSEG, Wall

☆ Citi says favorable setup for this Big Tech stock should send it higher in the next 90 days
▼ + stars: | 2023-09-11 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

There's a "rich" catalyst path ahead for Microsoft shares, according to Citi. The firm initiated a positive 90-day catalyst watch on Microsoft shares. While the tech giant's stock is up nearly 40% year to date, it has lagged on a relative basis since it issued disappointing quarterly revenue guidance in July. Microsoft shares have declined 5% since, while other shares in its peer group have gained 4.9%. Radke's initial read on fiscal first-quarter earnings is more positive owing to inputs on cloud consumption trends and stabilization in the PC market.

Persons: Tyler Radke, Radke, — CNBC's Michael Bloom Organizations: Microsoft, Citi, CoPilot

☆ Much of the tech world's climate impact is still being overlooked, and it's accelerating
▼ + stars: | 2023-09-09 | by ( Bob Violino | ) www.cnbc.com time to read: +6 min

The environmental impact of IT has been largely overlooked, said Matt Warburton, principal consultant and sustainability lead at IT advisory firm ISG. "IT's environmental impact, as a proportion of the overall business impact, is increasing," Warburton said. "More than half of executives use spreadsheets for some ESG data," Moyer said. "They are generally among the most 'sustainably-savvy' organizations, with ambitious commitments for their own operations and deep expertise in minimizing IT's environmental impact," Warburton said. "If an enterprise has a net zero goal, IT should also have its own net zero goal.

Persons: Matt Warburton, Warburton, Kristin Moyer, Moyer, it's, ESG, It's Organizations: Gartner, Enterprises, Technology, Companies, Fortune

☆ Steven Rosenbush — Bureau Chief at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Steven Rosenbush | ) www.wsj.com time to read: +1 min

Steven RosenbushSteven Rosenbush is chief of the enterprise technology bureau at WSJ Pro, which focuses on the interplay of business and technology. The group publishes CIO Journal and WSJ Pro Cybersecurity, as well as two weekday newsletters. He’s a frequent speaker at Wall Street Journal conferences and industry events. Steven joined The Wall Street Journal in 2012. He covered telecommunications for USA Today and BusinessWeek magazine, and he’s the author of a book, "Telecom Opportunities for Entrepreneurs."

Persons: Steven Rosenbush Steven Rosenbush, Steven Organizations: WSJ, Wall Street, Institutional Investor, USA, BusinessWeek, Telecom, Entrepreneurs, United Press International Locations: New York, Brussels

Supporters of student debt forgiveness demonstrate outside the U.S. Supreme Court on June 30, 2023, in Washington, DC. Student loan forgiveness is federally tax-free through 2025 because of a provision from the American Rescue Plan of 2021, Biden's $1.9 trillion Covid-19 stimulus package. While the Tax Foundation estimated that seven states could tax student loan forgiveness in August 2022, it's still possible to see legislative changes. "No one wants to be the state that's taxing loan forgiveness," Miller added. While public service loan forgiveness has always been tax-free, the current taxation for income-driven repayment plans is only temporary.

Persons: Olivier Douliery, Biden, Ethan Miller, Miller, it's, Becca Craig, Lee Reams Sr Organizations: U.S, Supreme, AFP, Getty, American, Planning, Progress, D.C, Tax Foundation, Strategic Wealth Locations: Washington ,, Washington, Kansas City , Missouri

☆ CIOs Say Affirmative Action Ruling Could Set Back Progress in Tech Diversity
▼ + stars: | 2023-07-17 | by ( Belle Lin | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

Jetcityimage | Istock | Getty ImagesAs inflation falls, investors are weighing whether to buy or sell Series I bonds amid other competitive options for cash. "Cooling inflation means that interest rates are likely near the end of their increases," said certified financial planner Ted Haley, president of Advanced Wealth Management in Portland, Oregon. But in the meantime, many investors are waiting for the Federal Reserve's next interest rate decision later this month, which may affect cash yields. While the yearly rate fell to 4.3% in May 2023, the fixed rate portion climbed to 0.9%, making the asset more attractive for long-term investors. Of course, the next fixed rate for I bonds could be higher or lower.

Persons: Ted Haley, Haley, David Enna, Enna, Ken Tumin, DepositAccounts.com Organizations: Istock, Getty, U.S . Bureau of Labor Statistics, Advanced Wealth Management, Federal Locations: Portland , Oregon

☆ New IT spending survey bodes well for 7 tech stocks in A.I. to cloud to cybersecurity
▼ + stars: | 2023-07-12 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Analysts at Morgan Stanley published the results of their second-quarter CIO survey, providing valuable insight into information technology budget expectations. Cloud and cybersecurity Digging a bit deeper, the survey reveals that cloud computing and security software remain the top two priorities for CIOs followed by artificial intelligence/machine learning. The analysts singled out Microsoft as the most exposed to the two major themes of the survey — generative AI via ChatGPT and cloud consumption via Azure. Cloud and AI enablers All of this also bodes well for the names that make cloud computing, generative AI, and LLMs possible. Importantly, the demand is not only coming from cloud service providers (CSPs) but also from enterprise players and AI startups.

Persons: Morgan Stanley, Bard, Dell, Salesforce, Jim Cramer's, Jim Cramer, Jim, Bing, Jonathan Raa Organizations: Microsoft, Google, Web Services, Club, Software, Hewlett Packard Enterprise, Palo Alto Networks, Alto, Nvidia, Devices, AMD, CNBC, Nurphoto, Getty

☆ Generative AI is bringing back cloud demand after IT budgets were slashed, and this boom could be a big win for Amazon, analysts say
▼ + stars: | 2023-07-10 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +2 min

Deal cycles are back to closing at about 30 to 60 days in Q2, a Mizuho Bank report said. The demand for generative AI, which operates in the cloud, has driven the stabilization. The big cloud-computing budget cut could be subsiding thanks to generative AI, and Amazon Web Services could benefit massively, according to a new survey of CIOs from Mizuho Bank. CIOs who were focused on trimming cloud budgets in the first quarter are now looking to spend those savings on generative AI. Customers are especially excited about Bedrock, Amazon's foundational model for developers to build generative AI on, because of its privacy features, the survey said.

Persons: CIOs, Mizuho, Bernstein, Bard Organizations: Mizuho Bank, Amazon Web, Mizuho Bank's, AWS, Microsoft, Google, Analysts Locations: Mizuho, OpenAI

"If you focus only on investments, you're going to drive yourself as crazy as the markets are." 'Don't get so wrapped up in the markets'Your broader portfolio consists of all of your assets, said Braxton. In addition to what's invested in the market, those assets might include cash savings, real estate and your human capital. Keep your home and human capital in mind when you strategize your financial plan, she said. Invest in your human capital by refining your skills to preserve your main source of income, especially in economic downturns.

Persons: Lazetta Rainey Braxton, Braxton, what's Organizations: CNBC's, Investors, Invest

Only a handful of companies are responsible for most of the index's gains thus far, including the likes of Nvidia (NASDAQ: NVDA ), Meta (NASDAQ: META ) and Tesla (NASDAQ: TSLA ). The good news is market breadth improved beginning in late May and leadership has expanded to include cyclical sectors and industries. Still, these firms have become so expensive relative to the broader market that some analysts have recently begun downgrading them. More from Personal Finance:As July 4 motorists kick off summer travel, how to save on gasWhat to know about your rights as an air travelerHow travelers are booking vacations amid inflationOne place to start could be cruise companies: Carnival Cruise Line (NYSE: CCL ), Norwegian Cruise Line (NYSE: NCLH ) and Royal Caribbean International (NYSE: RCL ). Perhaps no other industry took it on the chin as hard during the pandemic, which halted sailings for months.

Organizations: NASDAQ, Nvidia, Meta, Tesla, Finance, NYSE, Cruise Line, Royal Caribbean International

Morgan Stanley raised its Microsoft stock outlook to the highest on Wall Street, implying the company once famous for Windows software will climb above a market value of $3 trillion because of artificial intelligence. The generative AI boom has already helped propel Microsoft's stock by almost 41% year to date — and Morgan Stanley's new price target implies it will climb another 23% over the next 12 months. Weiss raised his price target on Microsoft by 24%, to $415 from $335. Morgan Stanley called Microsoft its top pick among large-cap software stocks on account of the company's strong positioning in the generative AI boom. MSFT YTD mountain Microsoft stock Weiss said Microsoft has taken a "leading position" providing the "picks and shovels" of the AI boom — large language models, data management and other technologies.

Persons: Morgan Stanley, —, Morgan, Keith Weiss, Weiss, FactSet, — CNBC's Michael Bloom Organizations: Microsoft, Windows, Software, OpenAI

After the Supreme Court struck down the Biden administration's plan to wipe away about $430 billion dollars in student loan debt, many borrowers are now scrambling to figure out exactly when their next payment is due, how much they owe and whether they'll be able to afford that bill. President Joe Biden has promised to continue to work on a proposal to forgive student loan debt. Yet, "under the law, this path could take time," admitted U.S. Education Secretary Miguel Cardona, vowing to keep borrowers updated in the months ahead. For now, the Biden administration is taking action to help provide some relief to borrowers by offering a more affordable income-driven repayment plan.

Persons: Biden, they'll, Joe Biden, Miguel Cardona Organizations: Education

☆ Analyst Dan Ives sees tech stocks gaining another 15% in the second half, led by these A.I. plays
▼ + stars: | 2023-06-26 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

Technology analyst Dan Ives sees the rally in the industry's shares continuing in the second half, despite many calls on Wall Street that the gains are getting ahead of themselves. Ives disagrees and doesn't see this as a Dotcom Bubble moment but a "1995 Internet moment" with the boom from artificial intelligence only just beginning. "The 2nd, 3rd, and 4th derivatives of this AI Gold Rush are just starting to evolve for the tech landscape based on our recent work in the field." XLK YTD mountain S & P 500 tech sector so far in 2023 Ives sees tech stocks up another 12% to 15% in the second half. The analyst's two favorite stocks going into the second half are Microsoft and Nvidia, which are up 40% and 189%, respectively, so far this year.

Persons: Dan Ives, Ives, Rush Organizations: Communications, Microsoft, Nvidia, Wall

FALLING STARWhen Odey set up Odey Asset Management, it was in the afterglow of then British Prime Minister Margaret Thatcher's deregulation of the stock market in London's 1986 "Big Bang". Privately educated at the elite Harrow school, Odey left Oxford University and began his career in traditional asset management before launching Odey Asset Management. But fund performance at Odey Asset Management has been a rollercoaster, with Odey renowned for taking risks. He liked to say leverage was like a drug - once you experienced it, you could never live without it, one hedge fund manager said. Lawmakers on Britain's Treasury Select Committee have written to the FCA to question the regulator's supervision of Odey Asset Management and Odey.

Persons: Crispin Odey, Odey, Banks, Robert Sears, CIOs, Don Steinbrugge, Margaret Thatcher's, Egerton Capital, Marshall Wace, Winton, Kwasi Kwarteng, Maiya Keidan, Nell Mackenzie, Iain Withers, Lawrence White, Dhara Ranasinghe, Elisa Martinuzzi, Alex Richardson Organizations: TORONTO, Reuters, Odey Asset Management, FT, Tortoise Media, Odey, Management, Britain's Financial, Authority, Generation Partners, Odey's, HSBC, Inc, Wall Street, Agecroft Partners, British, Harrow, Oxford University, Conservative Party, Barclays, Peugeot, Hong Kong, Lawmakers, FCA, Thomson Locations: LONDON, City, London, Toronto

☆ Here's how much it pays to control the fortunes of America's wealthiest people — and why it's escalating
▼ + stars: | 2023-06-06 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +3 min

Demand for access to private equity opportunities has contributed to big pay packages. While family offices have propped up across the globe, they are an American invention. J.P. Morgan is credited for launching the House of Morgan in the 1830s to manage family offices, and J.D. That means US family offices are often more mature and institutionalized than in other regions. Family offices need to be creative and competitive with the bonuses and other compensation perks of the private equity industry.

Persons: didn't, Morgan, Rockefeller, Jeff Bazos, Elon Musk, Jared Brichall Organizations: KPMG, Agreus, Waltons, Elon Locations: CIOs, Asia, Singapore, Europe, Middle East, Australia

☆ Corporate Technology Under New Scrutiny Amid Recession Fears
▼ + stars: | 2023-04-29 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

CIOs are adopting a platform approach to IT, cutting costs by identifying applications with similar functions, said Veeam CIO Nate Kurtz. Photo: andrew caballero-reynolds/Agence France-Presse/Getty ImagesCompanies are trimming and streamlining their information technology spending amid worries about a possible recession later this year. U.S. economic growth slipped in the first quarter in the midst of still-high inflation and rising interest rates. U.S. gross domestic product, a measure of the value of all the goods and services produced in the country, rose at an inflation- and seasonally-adjusted 1.1% annual rate from January to March, a significant slowdown from 2.6% growth in the fourth quarter, the Commerce Department said Thursday.

☆ Ballooning Software Prices Complicate Tech-Spending Calculus for CIOs
▼ + stars: | 2023-04-28 | by ( Belle Lin | ) www.wsj.com time to read: 1 min

Last year, Microsoft raised prices from 8% to 25%, depending on the software and subscription type, for some of its Microsoft 365 and Office 365 business software. Photo: lucy nicholson/ReutersBusiness software price hikes are outpacing the rate of inflation, according to corporate technology chiefs who say they’ve been charged increases of 20% or more for certain cloud-based software than in previous years. Amid pressure to cut costs in a sluggish economy, more IT leaders are rethinking vendor relationships. Thomas Phelps , chief information officer of Long Beach, Calif.-based software firm Laserfiche and executive chair of the nonprofit IT executive leadership group Innovate@UCLA, said some cybersecurity vendors have asked for a 30% increase to renew a three-year software contract.

☆ CIOs, Meet Your New Colleagues: Chief Data, Analytics and AI Officers
▼ + stars: | 2023-04-15 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Casino operator Wind Creek Hospitality created the role of chief data and analytics officer in 2021. Companies are increasingly creating new C-suite roles with a focus on data, analytics or artificial intelligence—to the confusion, and sometimes chagrin, of chief information officers and others who previously had oversight of data. As the use of data, analytics and AI becomes a board-level concern, thanks in part to the viral popularity of ChatGPT, more companies are appointing chief data officers, chief data and analytics officers, and chief AI officers, who are often directly reporting to CEOs, said Ryan Bulkoski , global head of executive search firm Heidrick & Struggles ’ Data, Analytics & AI Practice.

☆ CIOs Build New Bonds With CISOs
▼ + stars: | 2023-03-14 | by ( Belle Lin | ) www.wsj.com time to read: 1 min

As cybersecurity attacks directed at enterprises continue to evolve, some corporate technology leaders are elevating the roles of their chief information security officers and stressing the importance of directly communicating to their boards of directors how cybersecurity risk can impact their business. “I was trying to think, how do we get cybersecurity at the head of the train,” said Wendy Pfeiffer , chief information officer of cloud-software firm Nutanix Inc. She and other technology leaders spoke Tuesday at The Wall Street Journal’s CIO Network Summit in Palo Alto, Calif.

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