IT, AI & Telecommunications

Axon Pays $1.2B for 37% Skydio Stake, Trims 2026 Outlook

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Axon Pays $1.2B for 37% Skydio Stake, Trims 2026 Outlook

Scottsdale – November 05, 2026 -- Axon has made the largest single investment in its history, putting $1.2 billion into drone maker Skydio and raising its fully diluted ownership to 37%. The company also became Skydio's exclusive public safety distributor in the U.S. and Canada, and reported third-quarter Software & Services revenue up 43% year over year to $437 million.

Skydio deal extends Axon's reach into Drone as First Responder

Skydio expects about $1 billion of bookings this fiscal year. Axon says deployed Skydio docks through Axon Air have more than doubled year over year.

Axon acts as a direct channel partner, and revenue is recognized on a net basis in Software & Services. Axon plans to combine Skydio with Axon 911, Axon Fusus, digital evidence and Dedrone airspace security into one integrated platform. Skydio remains free to pursue aerial robotics across other industries.

AI Budgets Surge: 74% of Buyers Put Over 10% of IT Spend Into AI

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AI Budgets Surge: 74% of Buyers Put Over 10% of IT Spend Into AI

CHICAGO – November 05, 2026 -- The share of enterprise software buyers allocating more than 10% of their IT budget to AI rose from 23% in 2025 to 74% in 2026, according to a new West Monroe survey that also finds sellers misreading buyer behavior on build-vs-buy decisions, AI priorities and pricing.

The consulting firm's report, The New Rules of Enterprise Software & AI Spend, adds a seller perspective to last year's buyer-only baseline. It was conducted online in Q3 2026 among 300 U.S. executives. Buyer respondents represented organizations with at least $100 million in annual revenue. Seller respondents represented technology and software companies with at least $30 million in annual revenue.

Time-Sensitive Networking Market to Hit $3.96B by 2032 at 41.3% CAGR

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Time-Sensitive Networking Market to Hit $3.96B by 2032 at 41.3% CAGR

DELRAY BEACH – November 05, 2026 -- The global time-sensitive networking (TSN) market will grow from USD 0.50 billion in 2026 to USD 3.96 billion by 2032, a CAGR of 41.3%, according to MarketsandMarkets.

Industrial automation replaces proprietary fieldbus with deterministic Ethernet

Expanding industrial automation and edge data processing are increasing the number of connected Ethernet nodes in each facility. As demand for deterministic performance rises and network architectures converge, TSN is displacing traditional proprietary fieldbus solutions. Operators are adopting IEEE 802.1AS for time synchronization, IEEE 802.1Qbv for time-aware shaping, and centralized network configuration architectures. Emerging applications include industrial robotics, motion control, predictive maintenance and automotive zonal architectures.

CIQ Patches Critical Linux Kernel Flaw in 72 Hours

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CIQ Patches Critical Linux Kernel Flaw in 72 Hours

Global – November 05, 2026 -- CIQ patched every affected kernel stream, more than a dozen across three major releases, within 72 hours of the first customer report on critical Linux vulnerability CVE-2026-98432, which carries a CVSS score of 9.8. The first fixed kernels reached CIQ repositories about 45 hours after the first customer questions.

Anthropic exploit demonstration raised the vulnerability's priority

On Tuesday, October 27, Anthropic reported a working proof-of-concept exploit for the flaw. Many CVEs are patched without proof of exploitability, so a demonstrated exploit raised the priority beyond what the severity score alone indicated. The kernel's CVE Numbering Authority assigned the 9.8 score.

The bug is a use-after-free in the Linux kernel's IPv4 TCP code, triggered by IP options on incoming connections. A network-based attacker can exploit the kernel's continued use of memory it has already released.

Unbound Merino Picks Centric PLM to Scale 240 Annual Styles

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Unbound Merino Picks Centric PLM to Scale 240 Annual Styles

Campbell, Calif. – November 05, 2026 -- Unbound Merino, the Toronto-founded direct-to-consumer Merino wool apparel brand, has selected Centric Software's Centric PLM to replace disconnected spreadsheets, emails and shared files as it manages about 40 new styles and 200 repeat styles a year.

Unbound Merino's decade of growth outpaced its manual workflows

Founded in Toronto in 2016 by three friends, the brand sells worldwide. The United States and Canada are its largest markets, and its customer base is growing in the UK, Europe, Australia and Asia. It runs quarterly collections and monthly special launches.

As volume and complexity rose, disconnected systems and manual workflows created duplicated work, version-control problems and limited visibility across product development and supplier activity.

bswift Plugs Emma Benefits AI Into Employers' Workplace Assistants

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bswift Plugs Emma Benefits AI Into Employers' Workplace Assistants

Chicago – November 05, 2026 -- bswift has made its Emma Intelligence benefits engine available to all existing clients as a plug-in for the workplace AI assistants employers already run, so employees can get answers based on their own enrollment, claims and eligibility data within a single conversation.

Emma connects to employer assistants through Model Context Protocol

The integration uses Model Context Protocol (MCP), an open standard that lets AI assistants access information and capabilities from other services. bswift calls the design "headless": Emma's benefits intelligence works independently of its own chat interface, while the employer's assistant keeps its familiar experience and names Emma as the source. An employee can ask which medical plan they are enrolled in and receive an answer drawn from actual enrollment records.

RocketLane tops Infotech's 2026 PSA Data Quadrant at 8.8 score

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RocketLane tops Infotech's 2026 PSA Data Quadrant at 8.8 score

Arlington, Va. – November 05, 2026 -- RocketLane scored 8.8 in Infotech's 2026 Professional Services Automation Data Quadrant Report, the highest of five vendors named Champions on the basis of verified end-user reviews.

Five vendors earn Champion status with Composite Scores between 8.0 and 8.8

Infotech drew on user feedback collected through its SoftwareReviews platform. The Champions and the capability each ranked highly for:

Industrial Defender adds INSM and Risk Signal to OT platform

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Industrial Defender adds INSM and Risk Signal to OT platform

MUNICH – – November 05, 2026 -- Industrial Defender has added internal network security monitoring (INSM) and a remediation tool called Risk Signal to its OT cybersecurity platform, targeting critical infrastructure operators in Europe, the Middle East and Africa.

The release pairs the company's endpoint visibility with network traffic monitoring. It gives OT and ICS operators one workflow from anomaly detection to prioritized remediation. The platform is aligned to IEC 62443 and NIST CSF. Industrial Defender positions it for operators working under the EU's NIS2 Directive and Saudi Arabia's NCA Operational Technology Cybersecurity Controls (OTCC).

GeoComm Launches Four-Tier Partner Program for 9-1-1 Location Data

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GeoComm Launches Four-Tier Partner Program for 9-1-1 Location Data

St. Cloud, Minn. – November 05, 2026 -- GeoComm has launched a four-tier Partner Program that gives technology, data, and channel partners a defined route from first conversation to certified integration to co-selling of public safety grade location intelligence.

Four cumulative tiers move partners from visibility to strategic growth

The tiers build on one another. Partners can start with visibility and relationship-building, then advance to certified integration, co-selling, and strategic growth as their work with GeoComm deepens. According to the company, each step carries clear commercial terms, so partners can start small and add capabilities over time.

OpenText Core Cloud Revenue Jumps 11% as Total Sales Fall 4%

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OpenText Core Cloud Revenue Jumps 11% as Total Sales Fall 4%

Waterloo – November 05, 2026 -- OpenText posted $339 million in Core Cloud Revenues for the first quarter of fiscal 2027, up 11.2% year over year, while total revenues fell 4.0% to $1.237 billion. Adjusted EBITDA reached $442 million, a 35.8% margin, for the quarter ended September 30, 2026.

Core business grows while divestitures weigh on the top line

Core Revenues rose 2.4% to $864 million, or 2.7% in constant currency. Core Cloud Revenues grew 11.7% in constant currency. Total revenues declined 1.7% in constant currency excluding divestitures.

Total cloud revenues came in at $505 million, up 4.3%, marking 23 consecutive quarters of organic cloud growth. Annual recurring revenues stood at $1.040 billion.

GAAP net income climbs 5.9% to $155 million

GAAP net income rose 5.9% to $155 million, a 13% margin, with diluted EPS of $0.64. Non-GAAP net income fell 4.5% to $254 million, or $1.05 per diluted share.