Tag: Business
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Companies scoff at airlines’ cheapest business class tickets. ‘The real value is flexibility’
Some companies plan to shun the cheapest business- and premium- economy fares from their executives.
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Stocks making the biggest moves premarket: Atlassian Corporation, Wendy’s, Vista Corp, First Solar, Airbnb & more
These are the stocks posting the largest moves premarket.
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Explainer-Who is liable when AI goes rogue? Lawyers see new risks
Aug 7 : Major artificial intelligence developers have reported cases of their autonomous AI models breaching other companies’ cyber infrastructure, raising questions about who may be held legally responsible when AI systems act without direct human oversight.Here’s a look at some of the legal questions surrou
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Retailers tap AI shopping traffic but fight to keep customer data
NEW YORK, Aug 7 : As shoppers increasingly turn to ChatGPT and Google’s Gemini for product recommendations, retailers are racing to appear in chatbot results while resisting efforts to cede customer data that underpin online sales.Growing online traffic from AI platforms has pushed retailers including Walmar
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Cloudflare shares jump after forecast raise on AI-driven demand
Aug 7 : Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual forecasts, betting that resilient AI-driven demand will sustain traffic across its network.Quarterly results of Cloudflare, whose shares were last up 16.2 per cent at $330.51, follow Amazon.com’s strongest
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Levi Strauss reveals cybersecurity breach amid wider wave of attacks
Aug 7 : Levi Strauss on Friday disclosed a recent cybersecurity incident in which an unauthorized third party gained access to the company’s systems through a social engineering attack targeting three employees.The apparel maker joins a growing list of major firms worldwide that are facing a rise in cyberatt
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Guotai Junan International receives take-private offer at over $3.6 billion valuation
Aug 7 : Hong Kong-listed brokerage Guotai Junan International said on Friday it received a conditional take-private proposal from Guotai Haitong Financial Holdings, valuing it at HK$28.59 billion ($3.64 billion).Under the proposal, shareholders will receive HK$3 in cash for every cancelled share, and the comp
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Eutelsat sees revenue growth as OneWeb expands, shares drop on margin outlook
Aug 7 : Eutelsat said on Friday it expected slight revenue growth in 2027 as rapid expansion of its OneWeb satellite connectivity business offsets declines elsewhere, though weaker-than-expected profitability sent its shares down as much as 8 per cent.The company said it expected slight growth in operating re
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Blowing bubbles helps resting sperm whales avoid floating to the surface
Aug 7 : Anyone who has tried to keep a cork underwater knows it takes effort. Yet sperm whales can rest suspended beneath the ocean surface despite having massive heads filled with oil, wax and air that would seem to send them drifting upward — a feat scientists now think is made possible by blowing…
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
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