British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit but a global plan for overseeing the technology remains a long way off.
Fortinet sank nearly 18% and sparked a selloff in cybersecurity stocks with a dismal forecast that compounded fears of slowing client spending in an uncertain economy.
Sam Bankman-Fried was convicted on Thursday on fraud and conspiracy charges related to the collapse of FTX, the bankrupt cryptocurrency exchange he founded and led.
TikTok CEO Shou Zi Chew will meet EU industry chief Thierry Breton, EU digital chief Vera Jourova and EU antitrust chief Didier Reynders in Brussels next week, TikTok said on Friday.
Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings , said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider.
Information Technolgy Consultant Gartner Inc beat third-quarter results estimates on Friday and nudged up its annual earnings forecast, as it benefits from stable demand for its research and consulting services.
Britain’s competition watchdog said on Friday it had accepted commitments from tech companies Meta and Amazon to help protect fair competition on their retail platforms.
Indian IT service provider Infosys said on Friday its U.S. unit, Infosys McCamish Systems, was impacted by a cyber security event, resulting in the non-availability of certain applications and systems.
Block’s shares jumped nearly 16% at open to their highest since mid-September on Friday, rallying after analysts lauded the payments firm’s sharpened focus on profitability and a $1 billion stock buyback plan.
