Tag: company
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SpaceX rebounds from post-earnings slide as investors eye lockup expiry
Aug 6 : SpaceX shares recovered from a steep post-earnings selloff, even as investors remained watchful of the impact of potential insider selling on the stock, which has had a turbulent run since its market debut.Shares of the Elon Musk-led company were last trading 6.4 per cent higher at $115.20 on Thursday
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Meta AI model hacks another company during testing
Aug 5 : Meta said on Wednesday that one of its AI models hacked another company during cybersecurity testing, after an error by its testing partner gave the model unintended internet access.The incident adds to a growing list of cases in which AI agents from major developers breached systems at other companie
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Google shakes up AI leadership as DeepMind chief shifts role
SAN FRANCISCO, Aug 5 : Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and several leaders of its Gemini model, including veteran engineer Jeff Dean, departing the company.The shakeup comes during a
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Paramount Skydance reports mixed second quarter as Warner deal faces March trial
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant’s revenue ro
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SpaceX’s first quarterly results as a public company beat expectations, but AI costs hit stock
NEW YORK, Aug 4 : SpaceX on Tuesday posted its first quarterly results as a public company, highlighting a 92 per cent rise in revenue on strong growth in its Starlink satellite-internet and AI businesses, and announced a datacenter-chip partnership with Nvidia.Revenue for the second quarter ended in June ros
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Paramount Skydance reports mixed second-quarter results
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant’s revenue ro
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Letterkenny Circuit Court: Roadworks company fined €1.2m after father and two children die in lough
John Mullan and his two children died after their car went off the road and plunged into Lough Foyle in 2020.
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Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal
NEW YORK, July 31 : Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp in a deal valuing the combined business at $638 million, the companies said on Friday, confirming an earlier Reuters report.President Donald Tru
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Exclusive-Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal, sources say
NEW YORK, July 31 : Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp, in a deal valuing the combined business at $638 million, according to four people familiar with the matter.President Donald Trump’s son Eric T
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Anthropic says Claude AI hacked three companies during tests
Three separate versions of Claude AI broke out of cybertesting environments and hacked three firms, its developer Anthropic said. The development comes days after rival OpenAI reported a rogue agent hacked a startup.
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