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WEBBusiness Reporter brings you news, features and analysis around the critical issues affecting business and management.
News - Business Reporter
WEBNvidia-Backed Sakana AI Secures $100M to Establish World-Class AI Lab in Japan. 05 Sep 2024. Tokyo-based artificial intelligence firm Sakana AI has raised over $100 million in a Series A funding round, with a mission to establish a cutting-edge …
Business Reporter - CFO - The future of Chief Financial Officers
WEB1 day ago · The future of Chief Financial Officers. CFO 19 Sep 2024. “Move aside, Marvel”, says Carol Lee at LogicMonitor, “CFOs are taking on the role of Guardians of the Hype". The function of the Chief Financial Officer (CFO) has undergone an evolution borne out of today’s fast moving business climate.
Finance - Business Reporter
WEBChina's Didi Global swings to profit in second quarter. China’s largest ride-hailing company, Didi Global, swung to a net profit of 1.4 billion yuan ($196.24 million) for the second quarter from a 300 million yuan loss a year earlier as it continues to build back its business badly hit by a regulatory crackdown.
Energy - Business Reporter
WEBAug 2, 2024 · Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to supply its U.S. data centers, it said on Monday, as it races to build out the infrastructure to support its massive investments in energy-hungry artificial intelligence.
Business Reporter - Future of Enterprise
WEBAug 15, 2024 · Oracle to invest over $1 billion on AI, cloud computing in Spain. 21 Jun 2024. Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial intelligence and cloud computing in Spain, as it looks to meet increasing demand for its services in the country.
Business Reporter - Risk Management
WEBAug 27, 2024 · Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says. Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending as they try to revive the once-dominant chipmaker’s fortunes.
Business Reporter - Retail
WEBAug 14, 2024 · Russian electronics retailer M.Video reports 13% rise in first-half volumes. 27 Aug 2024. Russian consumer electronics retailer M.Video-Eldorado said on Monday that its gross merchandise value (GMV), a measure of transaction volumes, rose 13% in the first half of 2024 from a year earlier to 247 billion roubles ($2.7 billion).
Responsible Business - Business Reporter
WEBJul 11, 2024 · Germany in deal to cut Huawei's role in 5G wireless network, sources say. The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation’s 5G wireless network over the next five years, two people familiar with …
Business Reporter - Customer Experience
WEBAug 20, 2024 · Salesforce gains as software firm bets on AI tools to power growth. 30 Aug 2024. Shares of Salesforce gained about 4% on Thursday as investors cheered the customer relationship management software maker’s upbeat quarterly results and its artificial intelligence push to drive growth.