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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 105
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Redfin revenue dips 12% in Q3 to $269M as it navigates slow housing market

GeekWire

Redfin met expectations for its third quarter earnings report with $269 million in revenue, down 12% year-over-year, and a net loss of $19 million, compared to $90.2 The slow housing market continues to impact the company’s brokerage business, which was down 18% to $166 million in revenue.

.Net 77
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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO Business Intelligence

We recently connected with Corriero to learn about IT Vortex’s commitment to the Zero Carbon Committed Initiative, what motivated the company to radically lower its carbon footprint, and why environmentally-friendly IT solutions are crucial. It’s a humanitarian goal.”.

.Net 98
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Amazon workers demand company quit polluting near communities of color

The Verge

They also called on the company to prioritize deploying zero-emissions technologies near the communities hit hardest by Amazon’s pollution. The petition was started after Amazon rejected a shareholder resolution asking the company to report how much pollution it emits in communities of color. We want to be proud of where we work.

Company 72
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Multicloud by design approach simplifies the cloud experience

CIO Business Intelligence

After all, an effective multicloud framework offers greater platform and service flexibility by leveraging the strengths of multiple cloud environments to drive business agility and innovation. It can also improve business continuity and disaster recovery and help avoid vendor lock-in. Multi Cloud

Cloud 128
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Rover’s business continues to bounce back in first earnings report as public company

GeekWire

Issuing its first earnings report as a public company , Rover reported gross bookings of $134 million in the second quarter, the highest quarterly total in its history, reflecting increased usage of its online pet-care marketplace as travel starts to recover in some parts of the world. Rover’s quarterly net loss narrowed to $2.8

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How Nvidia beat everyone else in the AI race

Vox

. | Jakub Porzycki/NurPhoto via Getty Images The company you might not have heard of is now worth $2 trillion — more than Google or Amazon. Only four companies in the world are worth over $2 trillion. Apple , Microsoft , the oil company Saudi Aramco — and, as of 2024, Nvidia. Davidson Companies. Now it has over 27,000.