The shortage of semiconductors in the US will persist for at least the next two years, the chief executive of Intel says, as the company reported 13% less revenue from PCs for the first three months of 2022.



Social media platform Twitter has reported first-quarter revenue of US$1.2 billion ($1.7 billion), up 16% year-on-year, in its first results announcement after Elon Musk's acquisition of the company.

Process intelligence and automation specialist Nintex has added more than 50 new process templates to the Nintex Gallery.

Australian-founded financial technology company Zai launches its CurrencyFair in all 50 states in the US, allowing consumers to use the money transfer service to exchange and transfer money internationally with rates eight times cheaper than traditional banks without delay and no fees.

A senior cyber security researcher at the Cybersecurity Centre for Security Studies run by ETH Zurich says while a Microsoft report on cyber operations during the Russia-Ukraine war offers some useful details it says little about the impact of these operations.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Stephen Withers, newsletter editor, iTWire



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