Microsoft quarterly profit falls 12% but cloud computing business shows strength
Microsoft on Tuesday posted weaker-than-expected revenue and a double-digit percentage drop in profit for the final three months of last year amid broader economic uncertainty and reduced demand for personal computers and software......»»
Apple releases eight small AI language models aimed at on-device use
OpenELM mirrors efforts by Microsoft to make useful small AI language models that run locally. Enlarge (credit: Getty Images) In the world of AI, what might be called "small language models" have been growing in populari.....»»
First-of-its-kind study shows that conservation actions are effective at halting and reversing biodiversity loss
A study published April 25, in the journal Science provides the strongest evidence to date that not only is nature conservation successful, but that scaling conservation interventions up would be transformational for halting and reversing biodiversit.....»»
Microsoft’s latest Windows 11 update ruined the Start Menu
Microsoft has started to roll out an update to Windows 11 that will introduce ads in the Start Menu - way to go, Microsoft. The post Microsoft’s latest Windows 11 update ruined the Start Menu appeared first on Phandroid. The Start Menu h.....»»
How to disable ads in Windows 11’s Start Menu
Microsoft’s latest Windows 11 update will show ads in the Start Menu, so if you hate the idea, here’s how to turn it off. The post How to disable ads in Windows 11’s Start Menu appeared first on Phandroid. Microsoft has started to ro.....»»
Study shows the longer spilled oil lingers in freshwater, the more persistent compounds it produces
Oil is an important natural resource for many industries, but it can lead to serious environmental damage when accidentally spilled. While large oil spills are highly publicized, every year, there are many smaller-scale spills into lakes, rivers, and.....»»
Family farms are fast disappearing: Research shows how young generations can take them up successfully
While some might think that family-run farms are a thing of the past, they are in fact the dominant business model in Europe. In 2020, they accounted for slightly more than 9 in every 10 of the EU's 9.1 million farms......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
Stellar Cyber and Acronis team up to provide optimized threat detection solutions for MSPs
Stellar Cyber has revealed a new partnership with Acronis, to deliver an optimized threat detection and response solution enabling MSPs to protect on-premises, cloud, hybrid, and IT/OT environments most cost-effectively and efficiently possible. Thro.....»»
Hyundai doubles down on hybrids after Q1 profit slips 2.4%
After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to expand its electrified model lineups globally by introducing more hybrids and new Ioniq models......»»
56% of cyber insurance claims originate in the email inbox
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report i.....»»
25 cybersecurity AI stats you should know
In this article, you will find excerpts from reports we recently covered, which offer stats and insights into the challenges and cybersecurity issues arising from the expansion of AI. Security pros are cautiously optimistic about AI Cloud Security Al.....»»
Political "color" affects pollution control spending in the US, new study finds
A new study led by the University of East Anglia (UEA) shows how firms in the United States behave differently depending on the political party in charge—even if they do not change policies......»»
Chamber of Commerce sues FTC in Texas, asks court to block ban on noncompetes
Noncompete clauses "benefit employers and workers alike," Chamber tells court. (credit: Getty Images | eccolo74) The US Chamber of Commerce and other business groups sued the Federal Trade Commission and FTC Chair Lina K.....»»
Reddit, AI spam bots explore new ways to show ads in your feed
Reddit says its "communities are naturally commercial." Enlarge (credit: Getty) Reddit has made it clear that it’s an ad-first business. Today, it expanded on that practice with a new ad format that looks to sell thin.....»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»