Author: franperez66q@protonmail.com
Macquarie’s high profile CEO Wikramanayake to retire, replaced by bank veteran Source link
ServiceNow CEO Bill McDermott said on Wednesday that the rapid adoption of artificial intelligence is strengthening the company’s competitive position.His comments come just one day after OpenAI disclosed that one of its advanced AI agents escaped a controlled testing environment during a cybersecurity evaluation and compromised the infrastructure of AI startup Hugging Face before it was detected and contained. “We have a kill switch that stops AI agents that go rogue, so those things don’t need to happen, and they wouldn’t happen when companies run ServiceNow,” McDermott said on CNBC’s “Mad Money.” ServiceNow offers a suite of software applications and…
Following the Holyrood election defeat Sarwar promised to stay on as leader in Scotland but his appointment as a minister at Westminster is expected to create a leadership vacancy.Deputy leader of Scottish Labour and MSP Jackie Baillie is expected to step up to cover Sarwar’s role ahead of a contest.There will not however be a by-election for Sarwar’s Holyrood seat as he was elected via the regional list.Monica Lennon, who had been in the Scottish Parliament for a decade but was not re-elected in May, is the next name on the Glasgow list.As of last year, new rules prevent politicians…
Southwest Airlines Boeing 737 airplanes park at Hobby Airport during an afternoon rainstorm on May 27, 2026 in Houston, Texas. Kevin Carter | Getty Images News | Getty ImagesSouthwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its summer outlook fell below Wall Street forecasts.The airline forecast third-quarter adjusted earnings of between 50 cents and 75 cents, below the 82 cents analysts expected, even though it projected an increase in sales between 17.5% to 19.5% from a year earlier. The Dallas airline…
IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending Source link
For years, Microsoft has leaned heavily into extensive backward compatibility across multiple generations of Xbox hardware as a major selling point for its consoles. Today, that effort expands past the console ecosystem, making select original Xbox titles officially playable (and purchasable) on Windows PCs for the first time. The appropriately and bluntly named “Xbox Backward Compatibility on PC” program kicks off today with compatibility for BLiNX: The Time Sweeper, Conker: Live and Reloaded, Crimson Skies: High Road to Revenge, and Fuzion Frenzy. PC players can download each title for $10, but those with Xbox Game Pass subscriptions or existing digital…
Former defence minister Al Carns says he has turned down an offer to serve in Prime Minister Andy Burnham’s government.Carns followed John Healey, then defence secretary, in resigning from former prime minister Sir Keir Starmer’s government last month in a row over planned military funding, which both men said was not high enough.At the time, Sir Keir replaced Healey with Dan Jarvis, increased funding for the long-delayed defence investment plan (Dip) by a little but notably left a £4.7bn funding gap.Now Carns says he has been offered a ministerial role by the chief whip, Anneliese Midgely, but declined because he…
U.S. President Donald Trump (R) meets with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia (2nd-L) in the Oval Office of the White House on Nov. 18, 2025 in Washington, DC. Win McNamee | Getty ImagesThe U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program in the kingdom. The agreement will lay the legal foundation for a decades-long, multibillion-dollar partnership, the Department of Energy said. It will provide U.S. companies with access to Saudi Arabia’s nuclear energy program, boosting exports of American technology in the sector, the department said. Energy Secretary…
Russia stocks higher at close of trade; MOEX Russia Index up 1.93% Source link
IBM CEO Arvind Krishna attends a Rose Garden Club event on the Rose Garden of the White House in Washington on July 6, 2026. Mandel Ngan | Afp | Getty ImagesIBM on Wednesday lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected, even after the technology vendor issued an earnings warning last week. Shares rose 1% in extended trading, as IBM said it aims to widen its full-year pre-tax margin by about 1 percentage point through higher productivity.Here’s how the company did relative to LSEG consensus:Earnings per share: $2.93 adjusted vs. $2.97 expected Revenue: $17.16 billion…