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NTT DC REIT’s flat trading debut shows Singapore’s struggle to revive a ‘lackluster’ stock market

NTT DC REIT’s IPO was supposed to be a shot in the arm for Singapore’s flagging equity market, decried by analysts as “lackluster” due to its lack of growth stocks and tiny number of listings. NTT’s IPO had everything: It was oversubscribed, boasted sovereign wealth fund GIC as a cornerstone investor, and was tied to … Read more

NTT Data’s head of generative AI says the technology is a boon to consultants—but also a potential threat

David Pereira, the head of generative AI for Europe and Latin America at consulting and IT services firm NTT Data. Pereira says AI is a boon to consultants—speeding the time it takes to develop software and do research—but could also pose a threat to these firms’ business models in the future. Courtesy of NTT Data

Japanese telco giant NTT Com says hackers accessed details of almost 18,000 organizations

Japanese telecom giant NTT Communications (NTT Com) has confirmed that hackers accessed the data of almost 18,000 corporate customers during a February cyberattack, affecting an as-yet-unknown number of individuals. The Tokyo-based NTT Com, which provides phone and network tech to enterprises, said it discovered the data breach on February 5 after determining that the hackers … Read more

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