ICT sector stories - Page 12

Diligent snaps up AI-native vendor risk specialist 3rdRisk to sharpen third-party oversight and speed audit readiness for clients.

NZ adds more jobs but works fewer hours as high-paid tech roles, casual shifts and young workers' pay all slide, new data shows.

US firm Bourns launches NZD $356m bid for loss‑making Rakon, offering NZD $1.55 a share and locking up 41% of the chip maker's stock.

Pearson will roll out Redrock's palm-print ID across 20,000 global test centres and remote exams to tighten security and curb fraud.

Telcos race ahead on AI-first observability as New Relic links faster AI monitoring uptake to higher returns and fewer costly outages.

OutSystems names Fay Sien Goon as CFO to steer global finance and support its push into AI-powered application development and agentic systems.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

Cisco Systems Capital's New Zealand branch lifted profit in FY2025, supported by lower costs, currency gains and higher assets.

Linux Foundation unites Anthropic, Block and OpenAI in new Agentic AI hub to standardise tools and protocols for autonomous AI agents.

AI-powered cyber attacks are outpacing thinly staffed security teams, as firms prioritise defence but starve programmes of people and budget.

Snowflake will run Google's Gemini 3 AI models natively in Cortex, keeping enterprise data in-platform while deepening Google Cloud ties.

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

Devoli becomes first to appear five years running in Deloitte New Zealand's Masters of Growth Index, capping a 478% revenue surge.

Victoria University of Wellington to award honorary doctorates to Dame Theresa Gattung and Sir David Carruthers in December.

Xero founder Rod Drury has been made a Knight Companion of the New Zealand Order of Merit for services to business and technology.

Global CEOs pin 2026 hopes on APAC growth and soaring AI spend, despite geopolitical risks and investor pressure for faster returns.

Ransomware attacks dipped in November, but ClickFix techniques and alliances between groups like Qilin and CL0P drove fresh risks.

After a bruising 2025, falling inflation, rate cuts and small-cap strength are teeing up 2026 as the widest market rally in years.