Nestlé is overhauling its enterprise software to set the stage for AI and automation capabilities. The upgrade comes as the company plans to eliminate 16,000 positions globally over the next two years, with most cuts hitting corporate roles.
Despite a slight revenue dip to $3.72 billion, Kyndryl’s adjusted pretax income more than doubled year-over-year. The company sees strong momentum in consulting and hyperscaler partnerships driving second-half growth.
A former compliance officer is suing Capula Investment Management, claiming he was wrongfully terminated after questioning the firm’s expense practices. The lawsuit alleges the $32 billion hedge fund expensed artwork and private jet travel improperly.
Private equity faces a massive shakeout as industry leaders warn of extreme performance gaps. With 19,000 funds competing for capital, only the disciplined will survive the coming consolidation wave.
Apple is making a major strategic shift with its first true budget MacBook. The device aims to capture Windows 10 refugees and compete directly with Chromebooks in the education market.
U.S. Steel has detailed its $11 billion investment strategy through 2028 under new owner Nippon Steel. The plan includes modernizing century-old facilities and aims to create over 100,000 jobs nationwide while focusing on lower-emission steel production.
A fake AI image of Hurricane Melissa went viral showing birds that would be larger than football fields flying at impossible altitudes. The image spread across multiple platforms with help from coordinated bot farms, highlighting the growing problem of AI misinformation during disasters.
Running OPNsense virtualized on Proxmox isn’t just convenient—it fundamentally solves problems that plague bare-metal installs. From driver compatibility to high availability and hardware sharing, this approach transforms what’s possible with your network infrastructure.
Xcel Energy is seeking approval to double battery storage capacity at its Sherco coal plant in Minnesota. The utility wants to boost storage from 300 MW to 600 MW at the facility scheduled to retire in 2030. Construction would begin in 2026 with operations starting in late 2027.
Stability AI scored a significant legal victory against Getty Images in a UK court battle over copyright infringement claims. The case centered on whether scraping 12 million Getty images to train Stable Diffusion violated intellectual property laws. This ruling provides some clarity but leaves majo
