NEW YORK (AP) — Cyberattacks on businesses are rising, including small businesses. It’s a troubling trend because a breach can be very costly and time consuming if owners don’t have a plan to deal with one. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a […]
Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said. It’s the latest sign of internal turmoil at the tech giant centered on […]
HOUSTON (Reuters) – U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year’s fierce merger pace centered in the top U.S. shale field, data provider Enverus said on Tuesday. Energy companies have rushed to expand oil and gas drilling inventories, especially in the Permian Basin of […]
Easel is a new startup that sits at the intersection of the generative AI and social trends, founded by two former employees at Snap. The company has been working on an app that lets you create images of yourself and your friends doing cool things directly from your favorite iMessage conversations. There’s a reason why […]
AMSTERDAM (Reuters) – Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday, adding the investment will create 125 new jobs. Since 2014, Google has invested more than €3.8 billion in data centres and related digital infrastructure in the Netherlands. It […]
By Sam Tobin LONDON (Reuters) – Pfizer and BioNTech asked a London court to revoke rival Moderna’s patents over technology key to the development of vaccines for COVID-19, as the latest leg of a global legal battle began on Tuesday. Pfizer and its German partner BioNTech sued Moderna at London’s High Court in September 2022, […]
(Reuters) -GE Aerospace on Tuesday raised its full-year profit forecast, citing a “solid start to the year” on strong demand for jet-engine parts and services as airlines keep their older planes in the air to tide over a shortage of new commercial aircraft. The company now expects 2024 operating profit of $6.2 billion to $6.6 […]
A look at the day ahead in U.S. and global markets from Mike Dolan World markets have cheered up a bit this week, but ailing Tesla’s tanking stock price faces a critical earnings test later on Tuesday and this month’s European business pulse proved surprisingly racy. Relief at cooling Middle East tensions helped steady the […]
By Stephen Nellis (Reuters) – Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year. Adobe’s image and video editing tools are widely used by creative professionals, but it faces rising competition from startups such as Microsoft-backed OpenAI, Midjourney and Stability AI, […]
(Bloomberg) — SAP SE rose the most since January after posting record growth in expected revenue from its cloud services over the next year, boosted by the boom in artificial intelligence. Most Read from Bloomberg SAP’s current cloud backlog — an indicator of revenue to be booked within next 12 months — grew by 28% […]
BEIJING (Reuters) -Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020 as its dominance in the high-end segment came under pressure from Huawei’s new product launches, market data showed. People look at the iPhone 15 Pro as Apple’s smartphone officially went on sale across China […]
(Bloomberg) — SAP SE rose the most since January after posting strong cloud demand in the first quarter, as the boom in artificial intelligence fueled the German software company’s growth. Most Read from Bloomberg Adjusted cloud revenue in the quarter rose 25% at constant currencies from a year earlier to €3.9 billion ($4.2 billion), the […]
