Weekender: Broadcom trims VMware portfolio to 4 core products, plans $1B spending cut

[Signup]( [ CIO Dive]( Weekender June 15, 2024 | A roundup of this week’s most read stories [Robert Half]( BROUGHT TO YOU BY — Robert Half [Is Your Hiring Strategy Ready for Tomorrow’s Challenges?]( Get the research and insights needed to help overcome skills gaps across tech functions and build a future-forward team. [Read more.]( [Broadcom trims VMware portfolio to 4 core products, plans $1B spending cut]( The company is making progress in shifting VMware's product line to a subscription-based model, Broadcom President and CEO Hock Tan said Wednesday. --------------------------------------------------------------- [Citi’s new tech chief takes the helm]( Tim Ryan will lead Citi's ongoing efforts to transform its technology operations, a goal the bank poured $12 billion into last year. --------------------------------------------------------------- [How much does unplanned IT downtime really cost?]( Shutdown digital systems can take a bite out of revenue, but regulatory fines can hit, too, according to a Splunk report released Tuesday. --------------------------------------------------------------- [Colgate-Palmolive moves forward on AI plans with distaste for hype]( The household brand plans to train every non-plant worker on AI principles, guardrails and ethical use by the end of the year, according to CEO Noel Wallace. --------------------------------------------------------------- [Clorox to restart ERP upgrade as it looks past August cyberattack]( With the company out of recovery mode, teams are looking to advance on digital transformation projects. Recommended For You Improve your recommendations: [click here to update your profile](. --------------------------------------------------------------- Deep Dive [Microsoft, playing the long game, invests billions globally to expand Azure empire]( “The pressure is on — this is no longer the experimental phase of the cloud,” Alistair Speirs, director of Azure global infrastructure, said. --------------------------------------------------------------- Featured Resources Sponsored Content by Conga --------------------------------------------------------------- Implementation to Automation - [[Blog post] Top 5 Strategies for Effective Software Implementation]( - [[Research Report] CLM Top 35 by MGI Research]( - [[Buyers Guide] How to Choose a Document Automation Solution]( From Our Library --------------------------------------------------------------- Trendline [What CIOs need to know about digital transformation]( Supported by General Assembly --------------------------------------------------------------- Playbook [Accelerate Drug Discovery and Foster Data Science Innovation in Life Sciences]( Custom content for Domino Data Lab --------------------------------------------------------------- Infographic [A Visual Guide to Activating GenAI for Smart Manufacturing]( Custom content for Dell Technologies --------------------------------------------------------------- Playbook [How to Use AI to Improve Patient Records]( Custom content for Consensus Cloud Solutions --------------------------------------------------------------- Playbook [Boosting Workforce Efficiency Through Professional Services Automation]( Custom content for RSM --------------------------------------------------------------- [View all resources]( Best of What We're Reading --------------------------------------------------------------- Cybersecurity Dive [Microsoft will take full ownership for security failures in House testimony]( --------------------------------------------------------------- Wall Street Journal [Amazon to Invest Billions in Taiwan Cloud Infrastructure]( --------------------------------------------------------------- ProPublica [Microsoft Chose Profit Over Security and Left U.S. Government Vulnerable to Russian Hack, Whistleblower Says]( --------------------------------------------------------------- QSR Web [Hardee’s, Carl’s Jr. appoints chief technology, growth officer]( --------------------------------------------------------------- Scientific American [What Do Google’s AI Answers Cost the Environment?]( --------------------------------------------------------------- Business Insider [Nvidia Defends Its Dominance As Competition Increases]( [Suggest a story we should read]( Dive Into a Topic --------------------------------------------------------------- [IT Strategy]( [Cloud]( [Security]( [Big Data]( [AI & Future Tech]( [Software]( [Leadership]( Share CIO Dive: Daily Dive and [get rewarded](. 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