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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

But the company is out of ideas for finding new money after the collapse of plans to sell its legacy infrastructure management business to an investment fund and its big data business to Airbus. In 2023, the company made a net loss of €3.4 billion, compared to a net loss of €1 billion on revenue of €11.3

.Net 104
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO Business Intelligence

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

.Net 127
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Amazon’s total Washington state employment declines for the first time, new numbers show

GeekWire

(GeekWire Photo / Todd Bishop) Amazon’s employment in Washington state, including warehouse and corporate workers, fell by 3,000 people to 87,000 employees between early 2023 and early 2024 — its first recorded year-over-year employment decline in the state since the company was founded nearly 30 years ago in Jeff Bezos’ Bellevue garage.

.Net 119
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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. billion a year ago, according to company results posted Thursday.

.Net 52
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Snapchat layoffs 2024 to hit 10% of the parent company

Dataconomy

Snap, the company behind the popular social media app Snapchat, is making headlines again with its decision to reduce its workforce by about 10 percent. This move comes as the company continues to face hurdles, particularly in expanding its product line and stabilizing its financials. Snapchat layoffs 2024 came earlier than expected.

Company 60
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Cannabis company POSaBIT calls off plans to acquire three compliance software firms

GeekWire

The Seattle-area fintech business disclosed in January a deal to pay $4 million to purchase MJ Platform, Leaf Data Systems, and Ample Organics from parent company Akerna. Last week the company announced it paid $7.5 million to acquire assets from the payments tech company Hypur. The company reported a net loss of about $1.2

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CES 2023: A list of Washington state companies showing off their latest tech gadgets and services

GeekWire

The big Consumer Electronics Show (CES) is returning to Las Vegas this week with its usual array of companies, gadgets and services, and Washington state will be represented by startups, tech giants and those in between. based Bluetooth SIG is a community of companies working to expand the capabilities of Bluetooth technology.

Company 93