Techstrong News Recap – November 21, 2022
On Nov. 21, William Willis covered Ticketmaster facing antitrust scrutiny after a chaotic Taylor Swift presale, Twitter temporarily closing offices after a new wave of resignations and Alibaba missing quarterly revenue expectations. He also talked about the FDA’s approval of a lab grown meat product. Finally, he previewed articles from Security Boulevard, DevOps.com and Container Journal, which covered the question of whether or not security budgets should be recession-proof, Palo Alto Networks buying Cider Security and how to keep Kubernetes data safe, sound and actionable.
Transcript
Hi again, everyone here the headlines for November 21st. First up the ticket sales and distribution giant Ticketmaster is facing antitrust scrutiny after chaotic pre-sale of Taylor Swift's era's tour. The Tennessee attorney general said that he is looking into whether or not the company went against consumers rights and antitrust regulations.
Ticketmaster canceled its public sales for Swift's newest tour for what it said was high demand, but the pre-sale experience for fans consisted of several technical glitches and difficulties as well as long wait times with many enable to get tickets. With all this being said this isn't the first time that the company is faced antitrust scrutiny. Other politicians have raised concerns over the company ever since 2010 when Ticketmaster merged with Live Nation next Twitter closed its offices late last week after a new wave of employees resigned when musk issued an ultimatum regarding employees staying at Twitter.
Last Wednesday musave Twitter employees a choice to commit to a hardcore work environment or quit by five PM the next day. Additionally musk announced that managers must meet in person with employees once a week. Is currently unknown how many employees quit but with this most recent set of resignations alongside the layoffs earlier in the month.
This is love Twitter and a precarious situation. The layoffs of important parts of the company's engineering team which controls several critical pieces of infrastructure and could jeopardize the company's ability to recover. The Chinese e-commerce company Alibaba has announced that his missus quarterly or Avenue expectations with a low 3% growth.
Additionally alibaba's customer management Revenue the money that Merchants spend on the platform dropped seven percent the steepest decline ever on one of alibaba's most lucrative Revenue sources. Alibaba citing weak consumption demands alongside other factors such as covid-19 suspending Logistics and delivery services in up to 15% of places in China. Unfortunately for Alibaba this quarter is not looking much better.
The company is said that the results of its big single-stay shopping event have roughly the same results as last year's which was one of its lowest growth ever. Next up for the first time ever a meat product grown in a lab has been cleared for consumption. the Food and Drug Administration gave upside Foods approval for cell cultured chicken upside foods make its products and steel tanks using cells from animals that they are trying to make meat out of the FDA conducted a thorough review and after an inspection by the US Department of Agriculture, it will be able to be sold to Consumers.
This is a big win for the cultivated meat industry which they will hope will further help Innovation and investments in the cultivated food market. Zooming out scientists say that the products such as these could greatly lessen carbon emissions and water and land usage. On Security Boulevard, we have an article looking at the question of whether or not security budgets should be Recession Proof.
com. com. We have an article looking at how Palo Alto networks agreed to acquire cider security for 195 billion dollars.
Palo Alto networks has said that this acquisition isn't part of its efforts to double down on securing software Supply chains alongside, its existing portfolio. com. Finally on container Journal we have an article looking at how to keep kubernetes data safe sound and actionable.
Many organizations have begun looking for tools to protect and manage their containerized applications. But this raises questions such as how are you recovering your cognitive data and how can you move your applications from one environment to another securely? com.
And that's today's texturing news recap.





