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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

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 It also forecast at least one more year of declining revenue, before a return to slow growth in 2025 and a slight acceleration, to 6.2%, in 2026. billion on revenue of €10.7 billion in 2022.

.Net 105
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Jaguar will be an all-electric car brand from 2025

The Verge

UK automaker Jaguar Land Rover (JLR) says its Jaguar luxury brand will be all-electric by 2025. JLR hopes to achieve net zero carbon emissions by 2039. Bans of internal combustion engine vehicles have been announced with a variety of targets around the world, such as in Norway by 2025, France by 2040, and California by 2035.

.Net 145
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DTWS: Telstra eyes having 80% of traffic on 5G by 2025

TM Forum

aims to cover around 95% of Australia’s population with 5G by 2025, while doubling metro cells to increase 5G capacity and speed, all with the aim of having 80% of all mobile traffic on 5G by FY25. At the same time, it wants to make $500 million of net cost reductions while ensuring Telstra can compete successfully for digital talent.

Network 130
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Amazon’s carbon footprint grew 15% in 2019, highlighting the challenge of net zero emissions

GeekWire

Amazon has pledged to make its retail and cloud-computing operations “net carbon zero” by 2040, but its newly released 2019 sustainability report shows that greenhouse gas emissions rose over the previous year by 15%. Amazon announced that it would run entirely on renewable energy by 2025, shaving five years from its earlier goal.

.Net 136
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

“We expect ISG net revenue to grow, driven by our AI-optimized servers, improving demand for our traditional servers, and a recovery in demand for our storage offerings,” Dell said in the filing. “We We expect CSG net revenue growth for the full fiscal year, driven in part by the anticipated PC refresh cycle in the latter part of Fiscal 2025.”

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Zillow Group ‘well positioned to thrive’ despite commissions trial outcome, CEO Rich Barton says

GeekWire

Net income/loss: Zillow reported a net loss of $28 million for Q3, which was slightly lower than the $35 million net loss from Q2 and significantly better than the $53 million net loss from Q2 2022. It’s a year of execution as we prepare to scale in 2024 and 2025.” billion. .

Groups 100
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HP’s focus on sustainability runs far and deep

CIO Business Intelligence

However, for IT leaders who play a critical role in helping their businesses move towards net-zero targets, it can be difficult to know where to begin. Ultimately, the company is on a mission to become net-zero greenhouse gas (GHG) emissions by 2040. While these are lofty targets, the company is already making progress.

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