Lastest IT news

Uber consents to a $14.8 billion acquisition of Delivery Hero, which is 26% higher than its offer made in May.

Uber has reached an agreement for a takeover of Delivery Hero at €41.50 per share, which values the company at $14.8 billion. In May, it had proposed €33 per share. Additionally, fourteen markets will be sold to SSW Partners for $1.6 billion.

Wall Street recently experienced its strongest quarter in investment banking in years, claiming that AI has initiated a super cycle.

Goldman recorded an all-time high of $3.4 billion in investment banking fees, representing a 55% increase. The CEO refers to it as an AI capex super cycle. Meanwhile, JPMorgan's CFO is opting out of data center transactions.

Wall Street recently experienced its strongest quarter for investment banking in years, and it is referring to AI as a supercycle.

Goldman recorded a historic $3.4 billion in investment banking fees, an increase of 55%. The CEO describes it as an AI capital expenditure super cycle. Meanwhile, JPMorgan's CFO is opting out of data center agreements.

Europe's strongest earnings quarter in three years is driven by energy rather than AI.

Profits for the STOXX 600 are expected to increase by 15.3% in the second quarter, marking the highest growth rate since 2022. Excluding the energy sector, the growth rate drops to 6%, compared to 19.6% in the United States.

Europe’s strongest earnings quarter in three years is attributed to energy, rather than AI.

Profits for the STOXX 600 are expected to increase by 15.3% in the second quarter, marking the highest growth since 2022. Excluding the energy sector, the growth drops to 6%, compared to 19.6% in the United States.

Europe's strongest earnings quarter in three years is attributed to energy rather than AI.

Profits for the STOXX 600 are expected to increase by 15.3% in the second quarter, marking the highest growth since 2022. Excluding the energy sector, the growth is projected at 6%, compared to 19.6% in the United States.

Ofcom initiates an investigation regarding child safety on TikTok.

Ofcom is looking into whether TikTok is able to identify child users and if it effectively protects them from harmful content. Fines could amount to 10% of the company's global revenue.

Ofcom launches an investigation into TikTok regarding child safety.

Ofcom is looking into whether TikTok is capable of identifying child users and if it effectively prevents harmful content from reaching them. Penalties could amount to 10% of the company's global revenue.

Ofcom launches an investigation into child safety regarding TikTok.

Ofcom is looking into TikTok's ability to identify child users and assess if it effectively shields them from harmful content. Penalties may amount to 10% of the company's worldwide revenue.

Nvidia partners with Japan's robotics industry for its open world models.

FANUC, Yaskawa, Kawasaki, and 19 other companies plan to become part of Nvidia's Cosmos Coalition. No financial commitments or binding agreements have been revealed.

5 Questions Every CIO Must Consider Before Introducing Another Software Tool

In 2023, the typical tech stack comprised 291 applications, resulting in significant software expenditures. By 2026, numerous enterprise tech stacks have evolved to be even more intricate as companies keep integrating AI features into their processes. As vibe coding becomes more widespread and the number of SaaS platforms increases, how can a leader determine which [...]

According to a report, OnePlus is withdrawing from the US market, and it may exit the global market by 2027.

OnePlus's withdrawal from Western markets is due to financial difficulties, geopolitical tensions, a lawsuit from Apple, and an expensive global shortage of memory chips.

What methods can businesses use to streamline invoicing and payment processing?

This article is presented in collaboration with QuickBooks. Generating an invoice is seldom the most challenging aspect of receiving payment. For the majority of small businesses, drafting an estimate, sending out an invoice, or requesting payment typically takes just a few minutes. The time-consuming part often occurs afterward, when it's necessary to follow up on payments that need to be…

What methods can companies use to make invoicing and payment processing more straightforward?

This message is sponsored by QuickBooks. For many small businesses, generating an invoice is seldom the most challenging aspect of receiving payment. Typically, it only takes a few minutes to create an estimate, issue an invoice, or ask for payment. The real time-consuming tasks occur afterwards, when it's necessary to manage the payments.

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