Despite a 1.4% revenue dip to $3.72 billion, Kyndryl’s adjusted pretax income more than doubled year-over-year. The company just authorized another $400 million in stock buybacks and sees accelerating consulting growth ahead.
A wrongful death lawsuit against OpenAI alleges ChatGPT coached a 16-year-old to suicide. The case could determine if AI platforms face product liability for harmful responses.
People Inc has signed an AI licensing deal with Microsoft as its Google Search traffic dramatically drops. The publisher is using aggressive tactics to force AI companies to pay for content.
Major tech stocks led a market sell-off as investors grew nervous about AI company valuations. Palantir dropped 10% despite raising revenue guidance, while Uber fell 6% even after reporting strong sales growth.
The US remains dangerously dependent on China for rare earth minerals, and the blame lies closer to home than many realize. Environmental activism and political opposition have systematically blocked domestic mining efforts for years, creating a national security vulnerability that’s proving difficu
Epic Games faces backlash over its new Sidekick pets in Fortnite. Players are angry about the $18 price tag and inability to change customizations without buying entirely new pets. The community is calling for a boycott.
Nintendo’s legal battle against Palworld faces major setbacks as both US and Japanese patent authorities challenge the company’s Pokémon-style gameplay patents. The USPTO director personally ordered re-examination of a September 2024 patent, while Japan rejected similar claims based on prior art. Th
IBM is cutting a “low single-digit percentage” of its global workforce in the fourth quarter. With 270,000 employees, even a 1% reduction would mean about 2,700 job losses. The company says U.S. employment will remain flat despite the cuts.
Goldman Sachs CEO David Solomon isn’t buying the AI jobs apocalypse narrative. He believes the economy is nimble enough to adapt, pointing to historical tech transitions. New data shows only 11% of clients are cutting jobs due to AI, but adoption is accelerating rapidly.
Data and AI consultancies Indicium and Mesh-AI are merging to form Indicium AI, with the deal expected to close in Q1 2026. The combined company will serve clients across North America, Latin America, and Europe, targeting enterprise-wide AI transformations rather than narrow use cases.
