Tag: company
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Exclusive-Hack of water sector supplier draws FBI scrutiny as Iran-linked cyber concerns grow
Aug 26 : U.S. authorities are investigating a data breach at a small maker of water utility technology, highlighting infrastructure cybersecurity threats even though the Kansas firm was apparently not part of a suspected Iranian-affiliated campaign against water plants in Minnesota and other states starting in July.
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Zoom forecasts quarterly profit below estimates
Aug 25 : Zoom Communications forecast third-quarter profit below Wall Street expectations on Tuesday, signaling stiff competition was squeezing the video-conferencing company even as it ramps up AI features on its services. Shares of the San Jose, California-based company fell 3.8 per cent in extended trading
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Target apologises for ‘offensive’ children Halloween costume after backlash
The retailer says the costume is “hurtful for Black guests, team members and partners”, without providing further details.
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Exclusive-The AI founders who walked away from Bezos-backed Prometheus to model the universe
SAN FRANCISCO, Aug 25 : A research duo, once pitched to lead the Jeff Bezos-backed Project Prometheus, on Tuesday unveiled what they’ve built on their own: an AI model that can take in and produce information so vast that a lone computer might not handle it.Their company, Accelerated Understanding Inc, says i
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Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say
NEW YORK, Aug 21 : Drone technology company Space-Eyes, backed by Eric Trump, will appoint a former Delta Force officer, a former Morgan Stanley investment banking chief and two others to its post-merger board as it prepares to become a public company, according to two people familiar with the matter.Space-Ey
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Sheffield United’s ex-owners winds up company which bought club
LONDON, Aug 19 : Sheffield United’s former owner on Wednesday won a bid to wind up the company that in 2024 bought the second-tier Championship side, which said the High Court’s decision was not an issue for the club.United World, led by Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, filed a winding-up pet
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Former Meta engineer resumes testimony in landmark trial over social media’s harm to young users
Aug 19 : A former Facebook engineering director and vocal critic of Meta Platforms who has accused the company of ignoring internal research on the harm its platforms can cause children and teens will continue his testimony on Wednesday in a trial that could remake Instagram and Facebook.Arturo Bejar, who wor
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Meta faces 29-state trial that could reshape Instagram and Facebook
Aug 18 : A coalition of states suing Meta Platforms over claims Facebook and Instagram were designed in ways that harmed young users’ mental health will begin making its case on Tuesday in California federal court in a trial that could reshape some of the most popular apps on the planet.Attorneys for Colorado
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Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
Aug 14 : As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.Anthropic is projecting 2028 revenue…
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Exclusive-Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
Aug 14 : As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.Anthropic is projecting 2028 revenue…
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