Enterprise
Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations
Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. Andrew Kelly | Reuters Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an […]
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Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
Microsoft CEO Satya Nadella speaks at an event on the company’s Redmond, Washington, campus on May 20, 2024. Nadella is betting a new generation of computers with specialized artificial intelligence chips and faster performance will revive the long-running rivalry between Windows PCs and Apple Inc.’s Mac. Chona Kasinger | Bloomberg | Getty Images Microsoft gave […]
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Dexcom shares fall on slow revenue growth
Kevin Sayer, CEO, Dexcom Scott Mlyn | CNBC Shares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts’ expectations but showed a decline in U.S. revenue year over year. Here’s how the company did: Earnings per share: 45 cents adjusted vs. 43 cents expected by LSEG Revenue: […]
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IBM stock slips on disappointing consulting and infrastructure revenue
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 5% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the […]
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Starboard Value’s Jeff Smith says Salesforce has ‘a lot more to go’ and can get more profitable
Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP. Chris Goodney | Bloomberg | Getty Images Salesforce shares jumped 98% in 2023 in part after the business software maker increased its adjusted operating margin after Starboard Value and other activist investors raised concerns about the company’s financial performance. Starboard now sees […]
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SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Key Points Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector. “If you only regulate technology in Europe, how can our startups here in Europe … compete against the other startups in China, in Asia, in the U.S.?” Klein […]
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GE HealthCare announces time-saving AI tool for doctors who treat cancer
GE Healthcare booth is seen ahead of the 2022 China International Fair for Trade in Services (CIFTIS) at China National Convention Center on August 28, 2022 in Beijing, China. Yi Haifei | China News Service | Getty Images GE HealthCare on Monday announced a new artificial intelligence application it said will save time for doctors […]
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Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable […]
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Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Britain’s Finance Minister Rachel Reeves has pledged to make the “necessary”, “urgent” and “incredibly tough” choices to restore the country’s economic stability. Pool | Getty Images News | Getty Images LONDON — British technology bosses and investors are warning that entrepreneurs may be forced to leave the U.K., if the government moves forward with controversial plans […]
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Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. Sunday […]
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