BUSINESS - Page 2

Within the Business category, you can find the most recent news, reports, studies, and articles pertaining to Business.

6 December, 2023 - 7:35 pm (8 hours ago)

BUSINESS

Meta faces €550 million lawsuit from Spanish media group AMI

Meta Platforms Inc, the parent company of Facebook, Instagram, and WhatsApp, is confronted with a significant legal challenge in Spain, where it faces a €550 million lawsuit filed by AMI, an association

STARTUPS·Cybersecurity

Vanta has made significant strides in enhancing corporate security with AI-driven tools and services

In a rapidly evolving digital landscape, Vanta Inc., a cybersecurity compliance startup, has taken significant strides in enhancing organizational security through its AI-driven tools and services. The company’s latest suite of advanced reporting and testing tools, revealed at VantaCon 2023,

6 December, 2023 - 7:05 pm (8 hours ago)

Foretellix secures $42 million to advance autonomous vehicle safety

BUSINESS·TECHNOLOGY

Foretellix Ltd., an innovative simulation automation startup, has recently announced a significant milestone in its journey, securing $42 million in funding. This investment, led

Mark Zuckerberg cashes in on stock surge

BUSINESS

Mark Zuckerberg, the CEO of Meta Platforms Inc, recently executed a significant sale of Meta shares, valued at nearly $185 million. This strategic move,

Linda Yaccarino, CEO of X, openly supports Elon Musk

1 December, 2023 - 9:44 pm (5 days ago)

BUSINESS

Linda Yaccarino, the CEO of social media platform X, has publicly backed the company’s owner and CTO, Elon Musk, amidst a growing advertiser exodus due to his controversial statements. Recently, Musk made

Valid8 Financial secures $8.5 million to revolutionize forensic accounting with AI

1 December, 2023 - 8:18 pm (5 days ago)

AI·BUSINESS

Valid8 Financial Inc., a rising star in the forensic accounting software sector, has successfully secured $8.5 million in a Series A funding round. The round was led by Silverton Partners, with notable

Kognitos Raises $20 Million in Series A Funding

1 December, 2023 - 7:43 pm (5 days ago)

FINANCE·STARTUPS

Kognitos Inc., a startup revolutionizing task automation, recently completed a successful Series A funding round, raising $20 million. Led by Khosla Ventures, this round saw participation from Clear Ventures, Engineering Capital, and

Amazon CTO Vogels advocates for cost-conscious cloud architecture

1 December, 2023 - 7:19 pm (5 days ago)

BUSINESS·AI

Werner Vogels, Amazon.com Inc.’s Vice President and Chief Technology Officer, delivers a critical message for businesses: embracing frugality in managing cloud costs is essential. Vogels, with his extensive experience in developing Amazon’s

Aviz Networks secures $10 million investment to boost AI-driven networking

1 December, 2023 - 6:42 pm (5 days ago)

BUSINESS·AI

Aviz Networks Inc., an emergent leader in open networking software, today announced a significant boost to its funding, securing $10 million from Cisco Investments LLC. This strategic investment aims to propel the

Microsoft invests £2.5 billion in UK’s AI future

1 December, 2023 - 6:30 pm (5 days ago)

BUSINESS·AI

Microsoft has announced a groundbreaking investment of £2.5 billion ($3.2 billion) in the United Kingdom, marking a significant step in advancing the country’s Artificial Intelligence (AI) capabilities. This investment, intended to drive

Apple partners with Amkor to package silicon chips in a new facility in Arizona

1 December, 2023 - 6:12 pm (5 days ago)

TECHNOLOGY·BUSINESS

Apple has announced a significant move in its U.S. manufacturing efforts by partnering with Amkor to package Apple Silicon chips in a new facility in Peoria, Arizona. This facility, close to the

UAW launches unprecedented drive to unionize nonunion auto sector

1 December, 2023 - 4:57 pm (5 days ago)

BUSINESS·TECHNOLOGY

The United Auto Workers (UAW) union announced an ambitious initiative to unionize nearly 150,000 workers across 13 nonunion automakers in the U.S., including industry giants like Tesla, Toyota, Volkswagen, and BMW. This

Tech Giants Grapple with Online Child Safety

1 December, 2023 - 4:29 pm (5 days ago)

BUSINESS

On January 31st, 2024, the U.S. Senate Judiciary Committee will conduct a critical hearing on online child exploitation, summoning the CEOs of major tech firms – Meta, X (formerly Twitter), TikTok, Snap,

US government agencies stop sharing vital information with Meta’s security researchers

1 December, 2023 - 3:27 pm (5 days ago)

BUSINESS

In a recent development that raises concerns about the efficacy of combating foreign election interference, Meta, the parent company of Facebook and Instagram, disclosed a significant setback. U.S. government agencies, a crucial

Evernote to limit free accounts to one notebook and 50 notes

1 December, 2023 - 2:01 pm (6 days ago)

BUSINESS

Evernote has recently announced significant changes to its free plan, effective from December 4. The popular note-taking application will now limit free accounts to a single notebook and 50 notes. Users who

Meta filed a lawsuit against the Federal Trade Commission

1 December, 2023 - 1:03 pm (6 days ago)

BUSINESS

In a significant legal development, Meta, the parent company of Facebook and Instagram, has initiated a lawsuit against the Federal Trade Commission (FTC). This move comes as a response to the FTC’s

AMD inaugurated its largest global design center in Bengaluru, India

30 November, 2023 - 8:02 pm (6 days ago)

BUSINESS·Computing

Advanced Micro Devices (AMD), a renowned semiconductor company, has inaugurated its largest global design center in Bengaluru, India, marking a significant expansion in its research, development, and engineering operations. This state-of-the-art campus,

Okta’s shares fell by 2.3%

30 November, 2023 - 6:20 pm (6 days ago)

Cybersecurity·FINANCE

Okta Inc., a leading provider of cloud-based identity verification solutions, is navigating a complex period marked by both a cybersecurity breach expansion and financial fluctuations. Despite posting better-than-expected earnings, the company’s shares

Synopsys has firmly positioned itself for 2024, outperforming market expectations

30 November, 2023 - 5:02 pm (6 days ago)

AI·FINANCE

Synopsys Inc., a trailblazer in electronic design automation, has outshined market expectations with record-breaking quarterly and annual revenues, coupled with innovative strides in AI and leadership transitions, positioning itself firmly for 2024.

Canadian news will continue to be available on Google services

30 November, 2023 - 2:48 pm (7 days ago)

BUSINESS

Google has averted a significant confrontation with the Canadian government by agreeing to conform to the country’s Online News Act (Bill C-18). Initially, Google had planned to remove links to Canadian news

GM plans to cut spending on Cruise by “hundreds of millions of dollars” by 2024

30 November, 2023 - 12:04 pm (7 days ago)

BUSINESS·FINANCE

General Motors (GM) has announced a strategic shift in its approach to Cruise, the company’s self-driving vehicle subsidiary. In a move to prioritize safety and financial sustainability, GM plans to significantly reduce

Microsoft appointed as a non-voting observer to OpenAI’s board of directors

30 November, 2023 - 10:19 am (7 days ago)

AI·BUSINESS

In a dramatic turn of events, OpenAI has witnessed a major reshuffle in its executive and board composition. Sam Altman, after a brief yet intense period of absence, has reclaimed his position

NASA and IBM are joining forces for weather forecasting and climate change analysis using advanced AI

30 November, 2023 - 9:47 am (7 days ago)

AI·BUSINESS

In an unprecedented collaboration, NASA and IBM are joining forces to revolutionize weather forecasting and climate change analysis using advanced artificial intelligence (AI). This initiative aims to harness the vast expertise of

Unity layoffs: Company shuts down Weta Digital, closes offices, and reduces workforce

29 November, 2023 - 11:12 pm (7 days ago)

BUSINESS

In a significant restructuring move, Unity Technologies has announced a new round of layoffs, the closure of its Weta Digital division, and the shut down of offices in 14 locations worldwide. These

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