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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Telegram Update Adds Improved Video Speed Controls, Last Edit Timestamps and Chat-Specific Hashtags
Telegram has been updated with new video and chat editing features. Users will get access to new video speed controls and enhanced video quality. Additionally, Telegram will indicate the most recent edit time of a message within a chat. Developers have access to new monetisation options on the platform.
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Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
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Musks AI Side Gig Should Keep Its Distance From Tesla
If Tesla were to now actually invest billions in xAI, and/or share revenue with it, the potential conflict of interest could hardly be clearer.
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Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
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GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
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OpenAI Is A Bigger Threat To Google Than US Regulators
Google has long been synonymous with search, commanding around 90% of the global market share and bringing in about $175 billion in annual revenue through the business
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Adani Green Q1 Cash Profit Rises 32% To Rs 1,390 Crore, Revenue Up 24%
Ahmedabad, July 25 (IANS) Adani Green Energy Ltd (AGEL) on Thursday reported robust results for the April-June quarter (Q1) of the current fiscal, clocking a 23 per cent industry-leading EBITDA growth at Rs 2,374 crore, as cash profit surged 32 per c
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Share Market Reverses Early Loss To Hit Record High Led By IT Stocks
Indian shares reversed early losses to hit record highs on Thursday, led by information technology stocks, after software services provider LTIMindtree posted a revenue beat in the June quarter.
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Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
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Apple CEO Tim Cook Hints at “Some Very Exciting” Generative AI Announcements Soon
Apple might reveal its artificial intelligence (AI) plans earlier than expected. It was believed that the Cupertino-based tech giant would unveil the AI features it is building during its Worldwide Developers Conference scheduled for June 10. However, CEO Tim Cook has now said that information about generative AI can be shared with users soon, as p...
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Amazon Offers Free Credits for Startups to Use AI Models Including Anthropic
Amazon Web Service (AWS) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market share of its AI platform Bedrock.
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Telegram Channel Owners to Get Share of Ad Revenue, Rewards to Be Dispersed as TON Tokens
Telegram has announced that it will be sharing ad revenues with channel owners. When advertisements displayed on a particular channel fetch revenue, 50 percent of it will be given to the owner of this channel in the form of Toncoins.
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GTA 6 May Not Release by March 2025, Take-Two Revenue Forecast Suggests
Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
-
Telegram Update Adds Improved Video Speed Controls, Last Edit Timestamps and Chat-Specific Hashtags
Telegram has been updated with new video and chat editing features. Users will get access to new video speed controls and enhanced video quality. Additionally, Telegram will indicate the most recent edit time of a message within a chat. Developers have access to new monetisation options on the platform.
-
Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
-
Musks AI Side Gig Should Keep Its Distance From Tesla
If Tesla were to now actually invest billions in xAI, and/or share revenue with it, the potential conflict of interest could hardly be clearer.
-
Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
-
GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
-
OpenAI Is A Bigger Threat To Google Than US Regulators
Google has long been synonymous with search, commanding around 90% of the global market share and bringing in about $175 billion in annual revenue through the business
-
Adani Green Q1 Cash Profit Rises 32% To Rs 1,390 Crore, Revenue Up 24%
Ahmedabad, July 25 (IANS) Adani Green Energy Ltd (AGEL) on Thursday reported robust results for the April-June quarter (Q1) of the current fiscal, clocking a 23 per cent industry-leading EBITDA growth at Rs 2,374 crore, as cash profit surged 32 per c
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Share Market Reverses Early Loss To Hit Record High Led By IT Stocks
Indian shares reversed early losses to hit record highs on Thursday, led by information technology stocks, after software services provider LTIMindtree posted a revenue beat in the June quarter.
-
Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
-
Apple CEO Tim Cook Hints at “Some Very Exciting” Generative AI Announcements Soon
Apple might reveal its artificial intelligence (AI) plans earlier than expected. It was believed that the Cupertino-based tech giant would unveil the AI features it is building during its Worldwide Developers Conference scheduled for June 10. However, CEO Tim Cook has now said that information about generative AI can be shared with users soon, as p...
-
Amazon Offers Free Credits for Startups to Use AI Models Including Anthropic
Amazon Web Service (AWS) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market share of its AI platform Bedrock.
-
Telegram Channel Owners to Get Share of Ad Revenue, Rewards to Be Dispersed as TON Tokens
Telegram has announced that it will be sharing ad revenues with channel owners. When advertisements displayed on a particular channel fetch revenue, 50 percent of it will be given to the owner of this channel in the form of Toncoins.
-
GTA 6 May Not Release by March 2025, Take-Two Revenue Forecast Suggests
Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
