Tag: Business
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Meta’s Muse AI agent achieves strong growth, company introduces new shares to power investments
Oct 21 : Meta introduced new non-voting shares on Wednesday in a move that would help fund the social media giant’s costly AI expansion, as it reported strong growth of its consumer AI agent app Muse.Shares of the company rose more than 4 per cent in extended trading, as it also forecast fourth-quarter revenu
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IBM raises annual software revenue outlook as deal delays ease
Oct 21 : IBM finance chief James Kavanaugh on Wednesday said delayed software deals that rattled investors in the last quarter were beginning to close, as the company lifted its forecast for the business and reported better-than-expected third-quarter earnings.In an interview with Reuters, Kavanaugh said IBM
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Anthropic unveils Claude Duet AI agent app
Oct 21 : Anthropic on Thursday unveiled Claude Duet, a standalone AI agent app designed to act as a proactive assistant for professionals and small-business owners, as rivals such as OpenAI and Meta race to develop AI agents that can complete work autonomously on users’ behalf.• Duet delivers a daily briefi
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Germany’s SAP lifts 2026 revenue expectations to top of range after backlog beat
Oct 21 : Europe’s largest tech company SAP achieved a €10 billion ($11.2 billion) quarterly revenue milestone for the first time on Wednesday, while reporting a 26 per cent rise in current cloud backlog and moving its 2026 revenue expectations to the upper end of its outlook range.Cloud revenue rose 26 per
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Analog chipmaker Texas Instruments sees quarterly sales above estimates
Oct 21 : Texas Instruments forecast fourth-quarter revenue above Wall Street estimates on Wednesday, a sign of recovery in industrial chip demand and growing momentum for its AI data-center chips. • Unlike Nvidia, which makes high-performance AI processors, Dallas, Texas-based TI produces analog chips that
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An affinity for warm climes has helped crocs thrive for eons
Oct 21 : Crocodilians — today’s crocodiles, alligators, caimans and gharials and their many extinct relatives — have been a roaring success since debuting more than 240 million years ago. And new research identifies one important factor in their success — stubbornly keeping to warm climates throughout their hi
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Walmart launches tools for AI agents to shop for customers
Oct 21 : Walmart on Wednesday intrduced new tools that will allow artificial intelligence agents to shop and complete transactions for customers, as the retailer seeks to position itself in the growing use of AI-powered assistants in online commerce.The move underscores Walmart’s push into AI-enabled shopping
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Chinese-linked hackers compromise ConnectWise, target hundreds in global attack, Microsoft says
Oct 21 : A Chinese-linked hacking group used an AI-driven penetration testing tool to compromise IT services firm ConnectWise as part of a campaign that targeted hundreds of organizations globally, Microsoft said on Wednesday.ConnectWise did not immediately respond to a request for comment on Microsoft’s conc
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Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
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IBM beats on top and bottom lines as CEO Krishna touts ‘Super Intelligence’ traction
CEO Arvind Krishna indicated that IBM is helping clients in artificial intelligence.
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