Tag: companies
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Can new Apple CEO John Ternus fix the tech giant’s AI woes?
John Ternus is just the third Apple CEO in 30 years. His primary challenge is to correct the company’s faltering AI strategy to preserve its position as a big tech leader.
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Apple’s new CEO John Ternus makes AI top priority
John Ternus is just the third Apple CEO in 30 years. His primary challenge is to correct the company’s faltering AI strategy to preserve its position as a big tech leader.
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Uniqlo, Muji: Japan Inc is betting big on India as China risks deepen
Japanese companies are doubling down on India amid a shrinking domestic market and rising risks in China.
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Tech giants urge global response to AI cybersecurity threats
Concerns have emerged over the state of the world’s cybersecurity after AI models escaped test environments and breached multiple organizations.
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Major tech companies call for defensive surge to defeat AI-driven hacks
WASHINGTON, Aug 27 : Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet, and Amazon are calling for a society-wide defensive surge to defeat what they describe as an impending wave of hacks driven by artificial intelligence.In a joint letter issued Thursday, the companies – along with more
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As AI agents go rogue, cyber insurers are adapting their policies
Aug 27 : Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta Platforms recently disclosed that their AI agen
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Gains in AI company stakes juice second-quarter earnings for S&P 500
NEW YORK, Aug 20 : S&P 500 companies are winding up a banner quarterly earnings season, fueled in large part by surging profits at AI-related companies.The S&P 500 is on track for a 52 per cent surge in aggregate second-quarter earnings from the year before, helped by a 74 per cent profit jump in the…
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Demand from US data-center boom radiates out through factory supply chains
Aug 19 : Generac is best known for making backyard generators that rumble to life after power failures.But artificial intelligence is its new frontier.The Waukesha, Wisconsin-based company is spending $250 million by the end of next year to equip multiple factories to make beefed-up versions of its gen
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Analysis:Big investors hunt for tomorrow’s AI winners as capex angst fades
MILAN, Aug 17 : The rally in AI-linked stocks that marked the latest earnings season has shifted the focus of the AI investment story from whether Big Tech’s spending spree will pay off to the kind of companies that will deliver returns over the longer term, investors say.Results Microsoft and Amazon reassure
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US securities regulator cancels meeting to vote on crypto rules
Aug 13 : The U.S. Securities and Exchange Commission on Thursday abruptly canceled a meeting scheduled for Friday on whether the agency should propose new crypto-related rules. In a statement, an SEC spokesperson said the meeting would be moved “due to an unforeseen scheduling issue.”The agency was set
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