Tag: Software

Ousted OpenAI head Sam Altman to lead Microsoft’s new AI team

OpenAI’s board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati.

Palo Alto Explains Its Weak Billings. Not Everyone Is Convinced.

Palo Alto Networks stock was dropping early Thursday as markets digested its unexpectedly weak billings. The security-software company said it was to do with customer requests for flexibility on payments but analysts were split on whether that was enough to dismiss fears of falling demand.

Monday.com Stock Rallies on Full-Year Guidance Boost

Shares of Monday.com  were rising Monday after the social communication tools company raised full-year guidance.

Unity Software’s stock skids 12% on revenue miss, uncertain outlook

Unity Software Inc.’s stock fell about 12% in extended trading Thursday after the company reported a revenue miss and withheld from offering guidance.

Fortinet, rivals tumble as dour forecast signals slowing cybersecurity spending

Fortinet sank 23% and sparked a selloff in cybersecurity stocks with a dismal forecast that compounded fears of slowing client spending in an uncertain economy.

Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon

Alibaba on Tuesday launched the latest version of its artificial intelligence model, as the Chinese technology giant looks to compete with U.S. rivals like Amazon and Microsoft.

Microsoft Took Market Share from Google. How AI Is Changing Cloud Competition.

Microsoft and Alphabet’s earnings results were a tale of two clouds. Microsoft’s Azure impressed where Google Cloud disappointed, and the reason behind the divergence looks to be in artificial intelligence.

Microsoft Stock Jumps After Earnings Beat. The Cloud Looks Strong.

Microsoft 0.37% shares were trading higher after the company posted better-than-expected financial results for its September quarter, aided by better performance than expected from the company’s cloud computing business.

SAP Shares Surge After Cloud Business Fuels Revenue Growth

SAP shares jumped in Thursday morning trading after the German business-software company posted higher revenue and operating profit for the third quarter, led by growth at its core cloud business.

Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close

The U.K.’s Competition and Markets Authority gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard, removing the last major hurdle for the deal to close.

Palantir’s stock rises as company discloses new Army AI contract worth up to $250 million

Palantir Technologies Inc.  won a new Army contract involving artificial intelligence, the company said Tuesday. The contract supports the Combatant Commands (COCOMs), Armed Services, Intelligence Community and Special Forces as those groups “continue to test” AI capabilities, Palantir said in a release.

Unity CEO John Riccitiello is retiring from gaming software company after controversial pricing change

John Riccitiello is stepping down as CEO of Unity and will no longer be on its board.

BlackBerry stock rises on announcement of planned IPO of its IoT business

BlackBerry Ltd. shares rose in the extended session Wednesday after the company announced it planned to spin off its Internet-of-Things business in an initial public offering.

Oddity Tech Shares Rise 13% After Preliminary 3Q Results

Shares of Oddity Tech were up in Monday’s late trading session, after the company released some preliminary third-quarter financial results.

BlackBerry 2Q Loss Narrows Despite Revenue Decline Sinking

BlackBerry’s loss narrowed in the second quarter even as revenue was down from a year earlier.

AMD’s stock pops after Microsoft tech chief touts chipmaker’s AI products

Microsoft’s Chief Technology Officers Kevin Scott said AMD’s graphics cards will be increasingly critical in the years to come.

SingularLοgic: «Ανεβάζει ταχύτητες» με σύμβαση €6,82 εκατ. για τις δημοτικές και περιφερειακές εκλογές

Συνεχίζεται η παράδοση 42 ετών, από το 1981 – Η επιτυχία του νέου συστήματος μετάδοσης των αποτελεσμάτων στις διπλές εθνικές εκλογές του Μαΐου-Ιουνίου «οδηγός» και για τις κάλπες του Οκτωβρίου

Epsilon Net: Αύξηση κερδών και τζίρου το α’ εξάμηνο

Iσχυρή αύξηση στο σύνολο των οικονομικών μεγεθών του είχε να παρουσιάσει για το πρώτο εξάμηνο ο όμιλος EpsilonNet. Οι πωλήσεις ανήλθαν σε 41,6 εκατ. ευρώ, έναντι 30,7 εκατ. ευρώ πέρυσι, ενώ εμφανής ήταν η επίπτωση στην κερδοφορία της λογιστικής αποτύπωσης με βάση τη μέθοδο της «εύλογης αξίας» για τα Stock Option του IFRS 2.

Profile: Αύξηση 43% στα κέρδη μετά φόρων στο α΄ εξάμηνο

Αύξηση πωλήσεων κατά 23% και κερδοφορίας κατά 43% εμφάνισε ο όμιλος Profile το α’ εξάμηνο του 2023. Σύμφωνα με την ανακοίνωσή της, η εταιρεία παρουσιάζει νέες λύσεις και σημαντικές αναβαθμίσεις των υφιστάμενων, που οδηγούν σε ανάληψη νέων έργων και στη σταθερή προτίμηση των πελατών της.

Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI

E-commerce giant Amazon on Monday said it will invest up to $4 billion in artificial intelligence firm Anthropic and take a minority ownership position in the company.