TKO Group, the home of UFC and WWE, saw revenue jump 18% to $1.5 billion for the three months ended in June, beating Wall Street forecasts. The stock, which has been taking its knocks this year, jumped in late trading after the earnings report, which included…
Tech companies' venture capital portfolios are making corporate profits look a lot stronger than they really are. Microsoft, Amazon and Alphabet booked sizable investment gains in the most recent quarter thanks to stakes in Anthropic and OpenAI, and in one ca…
Citi hired Rohan Sen from Bank of America to lead coverage of the technology services sector for its investment banking franchise, Reuters reported Monday (Aug. 3). Sen was with Bank of America for 11 years and served as a managing director in its technology …
LOM Financial reported a 14.7 per cent fall in first-half earnings despite higher revenue, as rising operating costs outpaced growth in its core wealth management and brokerage businesses. The Bermuda...
The incident underscores the urgent need for robust AI containment measures and regulatory scrutiny, impacting OpenAI's IPO prospects. The post Republican AGs urge OpenAI to preserve records on Hugging Face breach as AI agent escaped containment appeared firs…
