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Ukrainian forces say Russian troops paid them for a fake Starlink service that instead revealed battlefield locations Business InsiderMusk's Starlink Blocks Russian Troops' Internet Access at Ukraine's Request The New York TimesRussian military scrambles to find Starlink alternative after access blocked The GuardianUkraine Advances in Zaporizhzhia After Russian Troops Lose Starlink Access - NATO Official The Moscow Times
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Digital finance is transitioning from speculative hype to serious institutional infrastructure. Here's what that means for leaders.
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Businesses aren't hiring much, but they're not resorting to big layoffs, either
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The Dow Jones Industrial Average closed below the 50,000 threshold for the first time since Friday, as fears spread that artificial intelligence might disrupt areas of business beyond tech and software.
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In the wake of the ongoing Russian invasion of Ukraine, SAP and Oracle have both announced that they are suspending all business operations in Russia.
The decision from the two major IT vendors came in the wake of a request from Ukrainian Vice Prime Minister Mykhailo Fedorov, who posted letters he'd written to both companies on Twitter yesterday.
In his letter to Oracle, Fedorov wrote: "The IT industry always supports values of responsibility and democracy…now, more than ever, people's lives depend on your choice."
Oracle replied to the tweet, stating that on behalf of the people of Ukraine and its elected government, the company has "suspended all operations in the Russian Federation". However, the company has not provided any further comment on the situation since the tweet was posted.
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