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Cisco Reports Strong Earnings, Raises Forecast Amid Job Cuts
Businesscnbcchannel-news-asiaseeking-alpha1h ago3 sources

Cisco Reports Strong Earnings, Raises Forecast Amid Job Cuts

Cisco announced its Q3 financial results, reporting an earnings beat and raising its annual revenue forecast, which led to an 11% jump in its stock. The company also revealed a restructuring plan that includes a 5% reduction in its workforce.

Elon Musk Challenges AI Ethics, Comments on Learning Bias
TechnologyYahooDaily Sabah3h ago2 sources

Elon Musk Challenges AI Ethics, Comments on Learning Bias

Elon Musk has been vocal about the ethical direction of AI, including a lawsuit against OpenAI and Sam Altman that reportedly challenged AI's founding principles. He also recently accepted some blame for AI models learning negative behaviors from online content.

Amazon Announces Further Job Cuts
BusinessBusiness Insider34m ago

Amazon Announces Further Job Cuts

Amazon's Selling Partner Services team has cut more jobs this week, following previous mass layoffs, as the company continues its focus on efficiency and automation, particularly with AI.

Philippines Forecasts 'Danger' Level Heat Index in 49 Areas
Healthinquirerjust now

Philippines Forecasts 'Danger' Level Heat Index in 49 Areas

The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) has forecast that 49 areas across the country will reach "danger" level heat indices on Thursday, May 14. This warning highlights extreme heat conditions expected in the Philippines.

Technologyseeking-alpha21m ago

MultiSensor AI Holdings Reports Q3 Earnings

MultiSensor AI Holdings announced its GAAP EPS of -$1.23, beating estimates by $0.37, but its revenue of $1.6M missed projections by $0.1M. The company's latest financial results show mixed performance.