Enterprise

The recent global IT outage caused by a botched software update from cybersecurity company CrowdStrike sent shockwaves across the world. Computer screens went blue, flights were grounded, and businesses resorted to pen and paper. The impact of this incident highlighted the fragility of our modern society’s dependence on IT systems and the dire consequences of
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ASML, the Dutch semiconductor company, recently reported second-quarter earnings that surpassed expectations. With net sales reaching 6.24 billion euros and net profit at 1.58 billion euros, ASML exceeded the consensus estimates. This success comes at a time when there is a growing interest in artificial intelligence chips, driving up demand for ASML’s critical semiconductor manufacturing
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