Companies

Oracle shares dip amidst revenue shortfalls and strategic shifts to cloud and AI

Oracle experiences a downturn in share prices as revenue growth fails to meet market expectations, despite a notable rise in net income. Oracle Corporation's share...

BlackBerry reverses IoT divestment, names John Giamatteo as new CEO

BlackBerry Ltd. has recently made a pivotal change in its operational strategy, opting to retain its internet-of-things (IoT) division rather than proceeding with the...

Microsoft agrees to landmark union contract

Microsoft has taken agreed to union contract terms concerning the use of artificial intelligence. This marks the first instance of collective bargaining in the...

BlackBerry names new CEO, will split cybersecurity and IoT businesses

BlackBerry’s new leader is the former head of its cybersecurity business unit. The Waterloo, Ont., company said this morning that John Giamatteo is its new chief executive officer and a member of its board of directors, effective immediately. Richard Lynch, who has served as interim chief executive officer since Nov. 4, after the departure of

China approves Broadcom-VMWare merger, last hurdle is cleared

The long-anticipated merger between Broadcom and virtualization giant VMware has been approved by Chinese regulatory authorities, marking the end of a significant phase of...

Elon Musk’s X sues Media Matters over report linking ads to extremist content

Elon Musk's X has initiated legal action against the progressive watchdog group Media Matters, in response to an analysis that linked antisemitic and pro-Nazi...

OpenAI aggressively pursues Google AI talent with offers up to $10 million

In a bold move to bolster its AI expertise, OpenAI is reportedly offering lucrative compensation packages, potentially worth $5 to $10 million, to attract...

Booths axes self-scan machines for human cashiers

Supermarket chain, Booths is axing almost all of its self-scan machines in favor of human cashiers. The company, which operates 28 stores in northern...

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