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Seattle mayor wants to tap more revenue from payroll tax on big business to plug budget holes

GeekWire

GeekWire File Photo / Taylor Soper) Seattle Mayor Bruce Harrell on Tuesday announced details of his planned 2025-26 budget, which includes $287 million collected from the Payroll Expense Tax to plug holes in the city’s general fund. Seattle’s overall budget is $8.3 and Arlington, Va. ”

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BMC breaks into two: Mainframe and Helix businesses to operate independently

Network World

Customers should be able to benefit from the improved focus,” Elliot says, including a more targeted allocation of people, budgets and other resources. “As As one company, BMC was spreading a limited R&D budget across too many product needs,” he says. In 2023, BMC filed confidentially for an IPO.

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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO Business Intelligence

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. New data centres After doubling the capacity of its own data centers in Germany in 2023, Microsoft intends to double it again by the end of 2025. Microsoft will invest €3.2 million people in digital skills.

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

The cost of security tools and services is rising, and organizations may not have the budget to keep up. Andrew Smeaton, CISO at Afiniti, says reassessment of cybersecurity programs and plans is necessary. However, job seekers often face challenges in interviews where job requirements appear overwhelming due to tight security budgets.

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Seattle evaluating its own capital gains tax following new state law

GeekWire

The city formed the workgroup in October to help shore up a revenue gap expected to surpass $200 million in 2025. ” Mosqueda, also the city council’s budget chair, said she is not considering pursuing a capital gains tax ordinance independently.

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Top 10 business needs driving IT spending today

CIO Business Intelligence

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases. billion in spend by 2025.

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Gartner: Top 10 strategic technology trends for 2025

Network World

Further, many organizations haven’t yet planned or budgeted for this shift,” stated Mark Horvath, vice president analyst at Gartner. A policy-based program will reduce confusion and arbitrary choices, and increase manageability.” “As But that’s hardly a simple switch.

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