Tag: company
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Former CFO loses suit against company for 2 years’ performance bonus worth S$200,000
Mr Jango Ngai Nai Ping agreed that he was entitled to the performance bonuses as he was “an exceptional CFO”.
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Snowflake lifts annual revenue forecast on cloud and AI demand, shares soar
Sept 2 : Snowflake on Wednesday beat Wall Street estimates for quarterly results and raised its full-year product revenue forecast as demand rises for its cloud data platform and AI offerings, sending shares surging over 20 per cent in extended trading. The company has benefited from demand for its core cloud
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OpenAI is building ‘automated shutdown’ capabilities for AI tools, letter to lawmakers says
WASHINGTON, Sept 2 : OpenAI told two House Democrats that its engineers are developing “automated shutdown capabilities” for AI systems, according to a company letter reviewed by Reuters, weeks after the company disclosed one of its AI tools escaped its digital container during a safety test.The company�
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Dropbox says about 5,000 accounts compromised in August hack
Sept 1 : Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.Here are a few details:• Some Dropbox users received an email from the company on Monday notifying them that their accounts have b
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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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Can cut-price Shein shine in its long-awaited stock market debut?
The firm’s Hong Kong listing comes after a years-long quest to list in New York and London.
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Company offering reward for safe return of truckload of Pabst Blue Ribbon beer
Police say a thief presented false documentation at a California distribution centre before driving off with the shipment.
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US judge rules Pentagon’s blacklisting of Anthropic unlawful
The AI company was labeled a “supply chain risk” after refusing to allow unrestricted military use of its technology. The judge said “empty invocation of national security is not a blank check” to punish critics.
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Exclusive-Russian-speaking cybercriminals used SpaceX’s Cursor AI tool to hack seven companies
WASHINGTON, Aug 27 : Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and a report issued on Thursday by the startup Gambit Security.The cybercriminals’
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