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Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. PREVIEWMost industry clouds began to hit the market early last year, in part sparked by demand for better healthcare data systems during the Covid-19 outbreak in 2020. Though Oracle doesn’t break out revenue from industry cloud sales, its industry cloud offerings are a “multibillion-dollar business,” Mr. Sicilia said. Microsoft last year rolled out industry clouds for retail, financial services, manufacturing, sustainability and nonprofit businesses, according to Kees Hertogh, Microsoft’s general manager for global industry product marketing. A Microsoft-developed industry cloud helped Tarrytown, N.Y.-based MVP Health Care implement a system to streamline its healthcare data, according to CIO Michael Della Villa.
Britain, Japan, and Italy are working to build a next-generation fighter jet together. The fighter jet will have cutting-edge weapons and advanced capabilities, such as the ability to work with uncrewed aircraft. Britain's defense ministry said in a release that it hopes to develop the fighter jet with various advanced capabilities such as cutting-edge weapons, innovative data systems, and advanced sensors. UK Prime Minister Rishi Sunak said that the aircraft's development, and partnership with Japan and Italy, highlights that "the security of the Euro-Atlantic and Indo-Pacific regions are indivisible." In a joint statement with Japan's defense ministry on Thursday, the US Department of Defense said it supports Tokyo's security cooperation with London and Rome.
It will showcase technologies from each of the three partners, the British statement said. All three countries are part of the US fifth-generation F-35 stealth fighter program, under which all three fly the F-35 and versions of the warplane are assembled in Italy and Japan. The US also has a sixth-generation fighter jet – known as the Next-Generation Air Dominance (NGAD) program – in the works. It is designed to be the successor to its F-22, which along with the F-35, is considered the world’s top fighter jet. “The Air Force intends for NGAD to replace the F-22 fighter jet beginning in 2030, possibly including a combination of crewed and uncrewed aircraft,” a US Congressional Research document says.
The 242-page report, written by Democrats on the panel, cited long-term weaknesses in the country’s public health infrastructure, from staffing shortages and inadequate disease surveillance to poor testing systems. But the report indicated that the pandemic shortcomings extended beyond the Trump administration. Similarly, a DHS report said 96% of pharmacy owners and managers were already reporting a shortage of surgical masks, according to the report. It issued a variety of recommendations, including increasing funding to improve public health surveillance, data systems, health care surge capacity, domestic manufacturing capabilities and stockpiles of critical supplies. "This is not the first public health crisis that our nation has faced, and sadly, it won't be the last," Peters said.
Insider analyzed US work-visa data to gauge salary levels at TikTok and parent company ByteDance. The data show TikTok and ByteDance offered staffers on US work visas $30 an hour to $400,000 a year. And TikTok has begun to get into its stride with advertisers who are now taking it more seriously as a marketing platform. Based on the data, TikTok and ByteDance offered from late-2020 to mid-2022 base salaries ranging from $30 per hour to $400,000 per year for various roles. TikTok's median annual base salary was roughly $184,000 per year, based on data from 319 foreign-labor certification applications.
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The EV battery space will need to fill 10 million jobs globally by 2030. Firms like Redwood Materials, QuantumScape, and more, are searching for hundreds of workers. Battery companies are desperate for talent to meet the demand they're seeing from electric vehicle automakers — and some are paying big bucks to attract workers. Battery companies are racing to get critical materials like lithium and nickel. This need means that firms innovating all aspects of the battery value chain — including battery chemistry, materials, battery health, repurposing and more — are competing with one another to fill what the World Economic Forum expects will be 10 million jobs globally by 2030.
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Ecosystem management tool Workspan has raised a $30 million Series C round. Workspan's tools help companies like Microsoft and Amazon Web Services co-sell with partners. It was there that he came up with the idea for what would become his next company, WorkSpan. Workspan was able to gain momentum quickly because of how necessary its tool is to large technology companies, Bawa said. Workspan has raised a total of $66 million in funding from investors like Insight Partners, Mayfield Fund, M12, and Redline Capital Management.
Insider asked top VCs what cybersecurity startups excited them the most this year. In turn, venture-capital firms are pouring billions of dollars into cybersecurity startups to help keep businesses secure. Additionally, VCs told Insider that cybersecurity isn't an area where companies are likely to cut spending in a downturn. Insider asked several VCs to pick the most promising cybersecurity startups both in and out of their portfolios. Here are the cybersecurity startups investors say are worth betting on, from least to most capital raised:
Here's what you should know about how to invest in communications stocks, what the risks are, and what rewards you might anticipate. Companies in the media, entertainment, interactive gaming, information creation, and information distribution businesses also belong to the communications sector. Basically, it expanded the existing telecommunications sector to become a broader communications services sector. The advantages of communications stocksThere are a variety of reasons for investors to consider communications companies. And the COVID-19 lifestyle shifts might make us permanently more reliant on communications companies, even once the pandemic is behind us.
Only 18 companies disclosed all nine of the practices taken into consideration, including Goldman Sachs, Nike, Nvidia, and PepsiCo. Just's team of researchers gathered all public data on nine criteria related to what it calls "human capital." The team discovered that only 18 of the companies both disclosed and tracked the progress of all the criteria. It was initially acceptable to simply state a policy, but then stakeholders demanded increasingly extensive data and signs of progress. "I don't think that you have much of a choice these days, if you're a larger company," she said.
Persons: Paul Tudor Jones, Russell, Goldman Sachs, It's, Martin Whittaker, you've, it's, Whittaker, Alison, millennials, Eli Lilly, Jones Lang LaSalle, Read, Tonie Hansen, Hansen Organizations: Nike, Nvidia, PepsiCo, Service, ROE, Data Systems, Boston Scientific, Hasbro, Intel, PayPal, Qualcomm, State, Symantec, Texas Instruments Locations: BusinessInsider.com, Wall, Silicon, America, Marriott, Wells
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