5 Channel Partner and MSP Updates: Monday 26 October 2020 -

Here are five (actually, more) technology news updates, insights, chatter, and plenty more to start your day for Monday, October 26, 2020. Sip up.

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A. What’s Happening Today

1. M&A - IT Services: Deutsche Bank is in advanced talks to sell a technology services unit to Tata Consultancy Services, Asia’s biggest software exporter by market value, Bloomberg reports.

2. SAP Stock Plummets: SAP's stock fell 20 percent in early morning trading on Monday, the biggest one-day drop in 24 years, Reuters reports. The reason? SAP abandoned mid-term profitability targets and is going "all in" on cloud computing.

3. Talent - AT&T Layoffs: The job cuts continue to mount.

4. Talent - HPE Layoffs: Hewlett Packard Enterprise has laid off roughly 500 staff across the company's server, storage and networking teams, Blocks and Files reports. Also of note: Andrew Manners, VP and GM of HPE's North America Storage business, is leaving the company, CRN reports.

5. Distribution: Synnex has agreed to distribute Foresite's cybersecurity services, managed network security monitoring, assessment and compliance services to IT resellers.

6. Apple Device Management & Monitoring: Addigy appears to be in rapid growth mode, industry chatter says.