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GitLab Appoints Siva Padisetty as Chief Technology Officer
Businesswire· 2026-01-12 14:05
SAN FRANCISCO--(BUSINESS WIRE)--All-Remote - GitLab Inc., the most comprehensive intelligent DevSecOps platform, today announced the appointment of Siva Padisetty as Chief Technology Officer, effective January 15, 2026. Padisetty will lead GitLab's software engineering, operations, and customer support teams to execute the company's technical vision and strategy and oversee the development and delivery of GitLab's products. He succeeds Sabrina Farmer, who stepped down from her role and will rem. ...
Microsoft execs respond to mass layoff rumors
Fastcompany· 2026-01-12 13:51
Core Viewpoint - Microsoft executives have denied rumors of impending layoffs, labeling them as completely false and speculative [1][2]. Group 1: Rumors and Denials - Claims regarding layoffs at Microsoft originated from anonymous online forums and spread to platforms like Bluesky and X, prompting swift denials from the company [1]. - Frank X. Shaw, Microsoft's chief communications officer, publicly refuted the rumors on X, stating they are "100 percent made up/speculative/wrong" [2]. - Jez Corden, editor at Windows Central, also dismissed the claims, particularly regarding the Xbox division, asserting they are false [2]. Group 2: Historical Context of Layoffs - Microsoft has a history of significant workforce reductions, having laid off over 15,000 employees between May and September 2025, with approximately 9,000 layoffs occurring in July alone [2]. - Phil Spencer, head of Xbox, previously indicated that the layoffs were necessary for the company's longevity, aiming to enhance agility and effectiveness [2].
Mixie Technologies, Inc. (PHCG) Announces CES Picks Award Recognition for HoloTwin LLC
Globenewswire· 2026-01-12 13:50
Core Insights - Mixie Technologies has made a strategic investment in HoloTwin's AI-driven digital twin technology, which has been recognized with the TechRadar Pro CES Picks Award 2026 for its innovation in enterprise and smart infrastructure [1][2] Investment Strategy - The investment in HoloTwin aligns with Mixie's strategy to invest in scalable, AI-enabled software platforms that address operational challenges in enterprise and infrastructure markets [2][8] - Mixie aims to build a portfolio of platform-based software solutions focused on AI-driven operational intelligence and digital twins, enhancing its existing intellectual property [8] Award Significance - HoloTwin's recognition by TechRadar highlights its capability to unify complex, multi-vendor infrastructure into a single operational control layer, which can reduce downtime and improve collaboration [6][7] - The CES Picks Award serves as independent validation of HoloTwin's technology, emphasizing its relevance across various industries and use cases [7][9] Technology Overview - HoloTwin's platform organizes operational data from various sources into a unified viewing environment, supporting sectors such as telecommunications, healthcare, and industrial operations [11] - The technology is designed to simplify infrastructure operations, addressing the issue of fragmented systems and operational silos [7][8]
Should You Be Optimistic on PAR Technology (PAR)?
Yahoo Finance· 2026-01-12 13:13
Group 1 - Bristlemoon Global Fund reported a return of -6.2% in Q4 2025, with a cumulative return of 11.9% since inception [1] - The fund's performance was impacted by a significant decline in two of its largest positions, Hemnet Group and PAR Technology Corporation, both of which lost more than half their value [3] - The market in 2025 saw a divergence where perceived AI winners rallied while stocks labeled as AI losers, including those considered "cheap," experienced further declines [1] Group 2 - PAR Technology Corporation (NYSE:PAR) had a one-month return of 4.56% but saw a 44.68% decline in value over the past 52 weeks, closing at $37.36 per share with a market capitalization of $1.51 billion on January 9, 2026 [2] - Despite a nearly 23% increase in revenue to $119 million in Q3, PAR Technology Corporation is not among the top 30 most popular stocks among hedge funds, with a decrease in hedge fund holdings from 28 to 24 [4] - The potential of PAR Technology Corporation as an investment is acknowledged, but certain AI stocks are viewed as having greater upside potential and lower downside risk [4]
深圳福田启动全国首个全栈式“鸿蒙AI数智机关”建设
Nan Fang Du Shi Bao· 2026-01-12 13:13
Core Insights - The event "Smart Harmony: AI Intelligent Government" was held in Shenzhen, marking the launch of China's first full-stack "Harmony AI Intelligent Government" initiative in Futian District [1] - Eight benchmark scenarios for "Harmony AI Intelligent Government" were released, with government and enterprises signing cooperation intentions, aiming for initial validation by Q3 of this year [1] Group 1: Infrastructure and Technology - Futian is reconstructing the operational "nervous system" of government agencies by deploying open-source Harmony technology, achieving over 90% unified access for heterogeneous devices [4] - The integration of Harmony's distributed capabilities with "super intelligent agents" is expected to significantly enhance cross-system collaboration efficiency in government operations [5] Group 2: Strategic Goals and Partnerships - The core significance of building the "Harmony AI Intelligent Government" lies in addressing security bottlenecks in government operations through domestically controlled technology, moving away from traditional software stacking methods [5] - The "1+1+1+8" scenario list includes an open-source Harmony base, a super intelligent agent, and a data cockpit, covering eight major areas with 32 sub-scenarios [7] Group 3: Company Initiatives and Innovations - Companies like Deep Harmony and Puzhou Technology are targeting specific areas such as "smart energy" and "smart security," aiming to reduce energy consumption and enhance operational efficiency [9] - The Futian District is adopting a "challenge and lead" mechanism to transform high-value government scenarios into opportunities for enterprises, fostering a collaborative ecosystem [9]
WTW Radar integrates with Databricks to simplify and fast-track data sharing
Globenewswire· 2026-01-12 13:13
Core Insights - WTW has launched the Radar Connector for Databricks, enhancing its insurance analytics and pricing platform by enabling secure data integration and analysis [1][2]. Group 1: Integration Benefits - The integration allows Radar users to access data directly from the Databricks Data Intelligence Platform, streamlining the data retrieval process [2]. - Users can transfer analysis results back into Databricks, facilitating automated processes and improving overall efficiency [2][3]. - The total turnaround time for data updates has been reduced to minutes, significantly increasing operational efficiency [3]. Group 2: Expert Commentary - Chris Halliday from WTW emphasized that the integration provides a more efficient experience for insurers, leveraging Databricks' machine learning capabilities [4]. - Marcela Granados from Databricks highlighted that the integration enables insurers to unify their data into a governed environment, leading to actionable insights and faster decision-making [4]. Group 3: Radar Overview - Radar is a comprehensive analytics and model deployment solution tailored for insurers, featuring proprietary machine learning algorithms and real-time decision-making capabilities [5]. - It is part of WTW's Insurance Consulting and Technology business, which aims to innovate and transform the insurance sector [6]. Group 4: Company Profile - WTW operates globally, serving over 1,000 client companies across six continents, and employs more than 1,700 professionals in 35 markets [7]. - The company provides data-driven solutions in people, risk, and capital, helping organizations enhance performance and resilience [8].
VRNS INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Varonis Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-12 13:05
Core Viewpoint - The Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth potential, leading to significant stock price declines following disappointing financial results [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc., and it involves purchasers of Varonis common stock from February 4, 2025, to October 28, 2025 [1]. - Investors have until March 9, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Varonis and its executives violated the Securities Exchange Act of 1934 by providing false information about the company's financial health [3]. Group 2: Allegations Against Varonis - The lawsuit claims that Varonis misrepresented its ability to maintain revenue growth and downplayed risks associated with seasonality and macroeconomic factors [3]. - On October 28, 2025, Varonis reported third-quarter results that significantly missed projections, leading to a nearly 49% drop in stock price [4]. - CEO Yakov Faitelson attributed the shortfall to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Varonis stock during the class period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [6]. - Robbins Geller has a significant history of obtaining large recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].
What Makes Adobe (ADBE) an Attractive Opportunity?
Yahoo Finance· 2026-01-12 13:02
Bristlemoon Capital, a global equities firm, released its “Bristlemoon Global Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -6.2% in the December quarter and a 0.3% return in December. Since its inception, the fund has produced a cumulative return of 11.9%, net of fees.  In 2025, market trends intensified, with perceived AI winners rallying, while stocks considered "cheap" dropped even further if labeled as AI losers. In addition, please check the ...
Lightspeed Commerce Launches a New Multi-Brand Shopping and Ordering Experience in the Marketplace
Prnewswire· 2026-01-12 13:00
Retailers can now access and order from thousands of brands—all directly from within NuOrder and the Lightspeed point of sale system NEW YORK, Jan. 12, 2026 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail, golf, and hospitality businesses in over 100 countries, today unveiled a new centralized, multi-brand shopping and ordering experience within its Marketplace, marking a significant evolution of Lig ...
Zoom reinforces commitment to AI literacy with national student learning experience
Globenewswire· 2026-01-12 13:00
First Lady of the United States, Melania Trump, joins Zoom in supporting responsible AI learning for K–12 studentsSAN JOSE, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) -- As artificial intelligence (AI) becomes a foundational skill for the future workforce, Zoom Communications, Inc. (NASDAQ: ZM) is reinforcing its commitment to AI literacy with Zoom Ahead: AI for Tomorrow’s Leaders. This live national learning experience is designed to help students understand how AI can be used responsibly, creatively, and conf ...