Tuesday, May 21, 2024
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B2B News Network Weekly Update: Cradlepoint acquires Ericom, ChatGPT under fire from FTC complaint, “rage applying” latest employee trend

  • Cradlepoint, part of Ericsson (Nasdaq: ERIC), announced this week that it has acquired Ericom Software and their advanced enterprise cloud security platform to solidify Cradlepoint’s SASE and zero trust offerings for hybrid 5G and wireline environments.The Ericom acquisition is a key part of Cradlepoint’s strategy of building a full-stack enterprise security service optimized for 5G. Ericom’s zero trust and cloud-based security solutions will form the basis of the new Cradlepoint NetCloud Threat Defense cloud service, expanding the company’s mobile-capable and router-integrated SASE and zero trust portfolio of solutions for fixed-site, remote worker, in-vehicle and IoT use cases. More: https://cradlepoint.com/press-release/cradlepoint-acquires-ericom-and-its-cloud-based-enterprise-security-solution/
  • 67% of professionals admit to ‘rage applying’ to new roles – amidst peak frustration with employees. Over two-thirds of Canadian professionals (67%) have admitted to ‘rage applying’ to a new job since the beginning of the year – with a toxic work environment (51%) being the primary motivating factor. The trend – which has spiked since New Year appraisals – occurs when professionals retaliate after a bad day at work by firing out multiple applications to new job roles. Of those who admitted to rage applying in the past six months, over half (56%) stated that they had applied to multiple new roles within a short timeframe. The findings come from a recent poll by recruitment specialist firm Robert Walters https://www.robert-walters.ca of 2,000 Canadian professionals.
  • Finbold: Bitcoin outperforms top five major indexes by 170% in Q1, 2023The initial months of 2023 have seen Bitcoin make key steps towards its revival as the asset attempts to overcome the losses experienced during last year’s crypto winter. As a result, cryptocurrency has emerged as a top investment option, surpassing some established traditional sector products with impressive performance. As of Q1 2023, Bitcoin’s return on investment (ROI) was 170.32% more compared to the average of five major stock indexes. During the quarter, Bitcoin’s returns stood at 69.4%, while average returns for the indexes stood at 5.5%.
  • Wealthica, the leading Financial Data Platform in Canada, now tracks over $25 billion dollars worth of assets, including stocks and bonds, real estate, crypto currencies and more on the platform. Investors can use Wealthica’s aggregation technology to leverage their data and generate income reports, adjusted cost basis, and other relevant information about their portfolio. As tax season approaches, Wealthica offers many tools to help prepare for tax filing, including reporting investment income from multiple institutions and accurately reporting capital gains. In addition, Wealthica provides features to track finances, such as contributions to registered accounts, dividend and distribution income, and investment-related fees. https://wealthica.com
  • FINEXPO is pleased to announce the upcoming Fintech Festival Asia (FTF), which will take place on September 27 and 28 at the Royal Paragon Hall, Bangkok, Thailand. The Fintech Festival Asia https://fintechfestival.asia

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