AAPL investors unconcerned by earnings, following Cook’s reassurance
While Apple earnings were even worse than analysts had expected, AAPL investors were only temporarily spooked. At the time of writing, the stock has been mostly hovering right around yesterday’s closing price, and is currently heading up. Aftermar.....»»
Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend
Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»
Tim Cook sells $50M worth of AAPL shares, but the timing is coincidental
Apple CEO Tim Cook has sold AAPL shares worth more than $50M at a time when the stock is close to an all-time high – but the timing is coincidental. The stock value broke $200 per share back in June, hitting a record $236 in July. There’s been.....»»
OpenAI is now valued at $157 billion
OpenAI has nearly doubled what investors think it's worth—but there's a catch. OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values.....»»
Study finds strong link between childhood opportunities and educational attainment, earnings as a young adult
The number of educational opportunities that children accrue at home, in early education and care, at school, in afterschool programs, and in their communities as they grow up are strongly linked to their educational attainment and earnings in early.....»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
AI use: 3 essential questions every CISO must ask
In July, Wall Street experienced its worst day since 2022, with the tech-focused Nasdaq falling by 3.6%. The downturn was largely triggered by what commentators suggest is the result of underwhelming earnings from some major tech companies. What’s.....»»
Legendary Mario creator on AI: Nintendo is “going the opposite direction”
Switch-maker shows little interest in jumping on the latest industry bandwagon. Artist's conception of Miyamoto preparing to fend off investors eager for more generative AI integration. (credit: Pop Culture Geek) In the.....»»
Fed jumbo rate cut puts pressure on money market fund investors
Fed jumbo rate cut puts pressure on money market fund investors.....»»
Edera raises $5 million to improve Kubernetes security
Edera announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. Angel investors include Joe Beda, Filippo Valsorda, Mandy.....»»
Hydden raises $4.4 million to improve identity security
Hydden announced that it has closed $4.4 million in seed funding led by Access Venture Partners. Other investors include Lockstep, the venture fund of CISOs Rinki Sethi and Lucas Moody, Service Provider Capital, and several cybersecurity angel invest.....»»
Intezer raises $33 million to further develop its AI-based security operations solution
Intezer announced that it has raised $33 million in Series C funding, bringing its total capital raised to $60 million. The funding round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, Op.....»»
Researchers develop precise pricing formula for perpetual American strangle options
Perpetual American strangle options (PASOs) offer investors a method for minimizing risk during highly volatile market scenarios by allowing them to buy or sell options at any date without an expiration date. In a new study, researchers investigated.....»»
AI-based technique speeds up the analysis of fossils
Queensland Museum and James Cook University scientists are using AI to unlock the mysteries of our fossil past. The scientists have developed an AI-based technique that has sped up the analysis of fossils, taking a months-long process to just days. T.....»»
Asbury not the only company to battle the FTC instead of settle, attorney says
Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»
End of an era: Security budget growth slows down
Amidst global economic and geopolitical uncertainty, markets are jittery, companies are spending frugally, and investors remain cautious, according to IANS Research and Artico Search. Security budgets are also affected by these realities with most bu.....»»
Is Overcooked 2 cross-platform?
No chef should cook alone in Overcooked 2. This game has a strange history with cross-platform support, so let us serve you the freshest news on how it works......»»
Tim Cook hangs out with George Clooney as "Wolfs" gets standing ovation
Tim Cook was in Italy for the Venice Film Festival where Apple TV+ movie "Wolfs" got its world premiere, while George Clooney called it a "bummer" that Apple was limiting its theatrical release.Brad Pitt and George Clooney in 'Wolfs'"Wolfs" premiered.....»»
More frequent financial reporting benefits investors
When it comes to financial reporting, how much information is too much? Public companies in the U.S. file reports every three months to comply with the rules of the Securities and Exchange Commission......»»
EU antitrust chief & Apple foe Margrethe Vestager out after 10 years
Margrethe Vestager has spent a decade leading the European Union's attempts to control Big Tech, including actions Tim Cook described as "total political crap." She won't be doing it any longer.Margrethe Vestager, Executive Vice-President of the Euro.....»»
"Sauna" mangrove sanctuaries pose risk for stingrays
A new study from James Cook University has revealed that mangrove habitats may serve as temporary sanctuaries for stingrays, but scientists fear the "saunas" could become too hot to handle with climate change accelerating. The study is published in t.....»»