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Storm in the stratosphere: how the cloud will be reshuffled

Erik Bernhardsson

We currently have cloud vendors that offer end-to-end solutions from the developer experience down to the hardware: What if cloud vendors focus on the lowest layer, and other (pure software) vendors on the layer above? Margins aren't so bad and vendor lock-in is still pretty high. Maybe owning the lowest layer isn't so bad?

Cloud 351
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Nigerian e-health pharmaceutical distribution startup DrugStoc secures $4.4 million Series A funding, embarks on expansion drive

TechCrunch

Chibuzo Opara and Adham Yehia, being all too familiar with the problems of poor pharmaceutical supply chains, are planning to widen the reach of DrugStoc, a e-health drug procurement platform that eliminates these challenges by linking drug companies with institutions such as hospitals and pharmacies, in Nigeria.

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Cybersecurity Snapshot: CISA Breaks Into Agency, Outlines Weak Spots in Report, as Cloud Security Alliance Updates Cloud Sec Guidance

Tenable

CISA’s red team acted like a nation-state attacker in its assessment of a federal agency’s cybersecurity. 1 - CISA’s red team breaches fed agency, details lessons learned A new, must-read report from the U.S. 1 - CISA’s red team breaches fed agency, details lessons learned A new, must-read report from the U.S.

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Financial IT leaders prep for a quantum-fueled future

CIO

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

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Cybersecurity Snapshot: CISA Warns of Global Spear-Phishing Threat, While OWASP Releases AI Security Resources

Tenable

Those are three security measures cyber teams should proactively take in response to an ongoing and “large scale” email spear-phishing campaign targeting victims with malicious RDP files , according to the U.S. Dive into six things that are top of mind for the week ending Nov. Block transmission of RDP files via email.

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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

TechCrunch

While blockchain and crypto arguably fall under the fintech category, I usually leave analysis of those segments to our crypto team, so I won’t go into a16z’s blockchain investments. of its workforce (affecting its engineering team the most). Samantha “Sam” Eisler has joined Lightspeed Venture Partners’ NYC fintech team.

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Daily Crunch: After clinching $12.3B valuation, Brex hires Meta exec as chief product officer

TechCrunch

Darrell Etherington, our in-house space expert, writes that “Orbit Fab has teamed with Astroscale to provide on-orbit refueling services to the latter company’s geostationary servicing spacecraft.” If Jeff Bezos walks into a bar with 100 people, suddenly, on average, the net worth of each individual in that bar is over a billion dollars.

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