IDG Connect's roundup from a week in business technology. IDG, world’s largest technology media company.
 
 

It’s been another bad week at Facebook HQ. The data mining scandal isn’t showing signs of going away anytime soon and now their stock price has fallen by 20% after CFO David Wehner said revenue growth would “continue to decelerate in the second half of 2018” while the company works hard to improve their image. The $123.4 billion loss represents the biggest daily drop off all time and appears to be a direct response to the stalling of Facebook’s growth, especially in Europe where the market is already oversaturated.

 

Read the rest of this week’s tech news roundup here.

 
 
 
 

PICKS OF THE WEEK:

The best of our opinion and analysis on the big trends in global tech
 
Why CSOs should take mainframe security more seriously

Do companies take mainframe security as seriously as the rest of their IT infrastructure?

 
 
How banking is adopting and using AI technology

A look at current AI trends and use cases in the banking industry

 
 
Why cryptojacking malware may be a sign of more serious intrusion

Finding cryptojacking malware may only be a symptom of a more serious data breach.

 
 
Buyer's Guide: MEGA HOPEX vs. Sparx Systems Enterprise Architect

Discover what real IT Central Station users think of two market leading architecture management solutions

 
 
 
 
 

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