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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos said it wants to ensure the business continuity and long-term sustainability of the group; to reassure clients, employees, and suppliers of its creditworthiness; and to preserve the strategic interests of the French state. In 2023, the company made a net loss of €3.4 In 2023, the company made a net loss of €3.4

.Net 104
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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 97
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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.

Cloud 127
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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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Amazon workers demand company quit polluting near communities of color

The Verge

The petition was started after Amazon rejected a shareholder resolution asking the company to report how much pollution it emits in communities of color. Jeff Bezos has faced a lot of heat for flaunting Amazon’s environmental credentials while his business continues to pollute neighborhoods.

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Reduce your problem management costs with Spearline's Voice Assure RealTime.

Spearline Testing

Either in response to a reported issue or failure or as an unintended outcome of some change control action, engineering talents roll up their sleeves and chase problems. The chase might go on through the night or across a weekend with teams putting in herculean effort to ensure business continuity.

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How Nvidia beat everyone else in the AI race

Vox

Jensen Huang, Nvidia’s CEO and one of its founders, has a personal net worth that currently hovers around $70 billion, an over 1,700 percent increase since 2019. Nvidia’s gaming business continues to boom, and the price gap between its high-end gaming card and a similarly performing one from AMD has been growing wider.