LED firm Brightek cautious about 2Q22
LED packaging specialist Brightek Optoelectronic has expressed caution about its business prospects for the second quarter, when sales are expected to hit bottom for 2022......»»
‘Real Housewives of Salt Lake City’ star sues executives of her church’s business firm
‘Real Housewives of Salt Lake City’ star sues executives of her church’s business firm.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Cards Against Humanity sues SpaceX, alleges “invasion” of land on US/Mexico border
Lawsuit: SpaceX took over "pristine" land CAH bought to stop Trump border wall. Enlarge (credit: Aurich Lawson | Cards Against Humanity) Cards Against Humanity sued SpaceX yesterday, alleging that Elon Musk's firm illega.....»»
Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training
Runway deal will create a Lionsgate AI video generator, but not everyone is happy. Enlarge (credit: Benj Edwards / Malte Mueller via Getty Images) On Wednesday, AI video synthesis firm Runway and entertainment company Li.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Google’s ad tech empire may be $95B and “too big” to sell, analysts warn DOJ
Google Ad Manager is key to ad tech monopoly, DOJ aims to prove. Enlarge / A staffer with the Paul, Weiss legal firm wheels boxes of legal documents into the Albert V. Bryan US Courthouse at the start of a Department of Justice a.....»»
Magna CEO says North American contract assembly plant unlikely amid heightened uncertainty
Magna is pumping the brakes on a potential North American vehicle assembly plant as the supplier signals a more cautious approach to its contract manufacturing business......»»
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.....»»
iPhone 16 price increases could subdue an Apple Intelligence super-cycle
Investment firm Piper Sandler believes Apple Intelligence will not boost iPhone 16 sales at first, and an expected price hike may impact demand.Renders of a possible designs for the iPhone 16 rangeIn July 2024, Piper Sandler raised its Apple target p.....»»
CrowdStrike reveals impact of calamitous July IT outage on its business
CrowdStrike, the cybersecurity firm at the center of a huge global IT outage in July, has revealed some of the impact that the incident has had on its business......»»
So, how’s CrowdStrike doing?
CrowdStrike, the cybersecurity firm at the center of a huge global IT outage in July, has revealed some of the impact that the incident has had on its business......»»
“Exploitative” IT firm has been delaying 2,000 recruits’ onboarding for years
India's Infosys recruits reportedly subjected to repeated, unpaid "pre-training." Enlarge (credit: Getty) Indian IT firm Infosys has been accused of being “exploitative” after allegedly sending job offers to thousand.....»»
Telegram CEO Pavel Durov awaits charges in France as firm denies law-breaking
Telegram accused of not cooperating on drug trafficking and child sexual content. Enlarge / Pavel Durov, CEO and co-founder of Telegram, speaks at TechCrunch Disrupt SF 2015 on September 21, 2015, in San Francisco, California. (c.....»»
Top architectural firm reveals it was hit by major ransomware attack
CannonDesign starts notifying people a year and a half after the incident......»»
Climate change is already reshaping PNW shorelines: Tribal nations are showing how to adapt
Keeley Chiasson plodded through the steep, sandy sediment near the base of the bluff. Carefully perched on a firm shelf, she scraped back the weathered surface of the wall, revealing stripes of cocoa, rust and tan sediments......»»
Open Road Capital adds five dealerships in two deals
Retail auto investment firm Open Road Capital and Jesse Hord bought four New York dealerships, while Open Road expanded on the West Coast in a new partnership......»»
Google’s threat team confirms Iran targeting Trump, Biden, and Harris campaigns
Another Big Tech firm seems to confirm Trump adviser Roger Stone was hacked. Enlarge / Roger Stone, former adviser to Donald Trump's presidential campaign, center, during the Republican National Convention (RNC) in Milwaukee on J.....»»
India says Apple is the fastest-growing firm in the country over the last 50 years
Officials in India say that Apple has made a 20-fold increase in its local operations, including iPhone production, making it both the fastest-growing company, and also the first to become that because of moving work from China.Mumbai, IndiaIt's alre.....»»
The AI balancing act: Unlocking potential, dealing with security issues, complexity
The rapid integration of AI and GenAI technologies creates a complex mix of challenges and opportunities for organizations. While the potential benefits are clear, many companies struggle with AI literacy, cautious adoption, and the risks of immature.....»»