Business of Tech: Daily 10-Minute IT Services Insights Microsoft SharePoint Flaw Exposes Thousands; Fortune 100 Firms Push FullReturn to Office
Retail sales in the U.S. show a surprising rebound, rising by 0.6% in June, driven primarily by auto dealership sales, but concerns linger regarding inflation's impact on consumer demand. The episode also highlights a critical Microsoft SharePoint flaw that exposes thousands of servers globally and Forrester's recommendations for IT leaders to pivot their budgets towards AI while phasing out legacy technology. Additionally, the ongoing trend of Fortune 100 companies enforcing return-to-office mandates is examined, with a focus on its implications for the gender gap in remote work.
00:00 Retail rebound masks inflation reality as tech hiring shifts toward cybersecurity and infrastructure
08:38 Fortune 100 return-to-office mandates surge to 54% as hybrid work wanes post-pandemic
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