Topic: financial reporting
-
Apple's Biggest AI Buy: A Company That Hears 'Silent Speech'
Apple has acquired AI audio startup Q.ai for an estimated $2 billion, marking its second-largest acquisition and signaling a major strategic push into advanced human-computer interaction. The deal centers on Q.ai's optical sensor technology, which can detect subtle facial movements to enable "sil...
Read More » -
Nintendo President Reveals Switch 2 Price, Games, and Media Plans
Nintendo's next console has stabilized global supply and is designed as an "accommodating" platform to empower both first and third-party developers. The company plans a significant software expansion starting in 2026, including new franchise entries and original titles, while aiming to keep the ...
Read More » -
Microsoft Denies Xbox Profit-Margin Goal Report
Microsoft has clarified that it does not have a specific 30% profit margin target for Xbox, disputing a prior report, though it acknowledges ambitious plans for the gaming business. To improve profitability, the Xbox division has implemented strategic changes including price increases for console...
Read More » -
Paradox Takes $37M Hit on Vampire: The Masquerade - Bloodlines 2
Paradox Interactive has written down SEK 355 million for *Vampire: The Masquerade - Bloodlines 2* due to disappointing sales, but will still release both planned expansions for the game. The game's development was troubled, involving multiple delays, a change in developers, and a shift in design ...
Read More » -
Krafton Shifts to AI-First Game Development
Krafton is adopting an "AI First" strategy, using agentic AI to automate tasks and restructuring its management and operations around this technology. The company is investing over 100 billion Korean won (about $70 million) in a GPU cluster to automate workflows, boost R&D, and enhance AI feature...
Read More » -
Solving the AI Puzzle in Finance
The UAE is strategically positioned to transform its financial sector through AI adoption, supported by national strategies and investment, but faces challenges in accelerating value realization and achieving competitive returns on investment. AI applications in UAE finance are already yielding b...
Read More » -
Wave vs. QuickBooks: Which Is Best for Your Business?
Wave offers a free core accounting platform ideal for budget-conscious startups and freelancers, with costs only for payment processing or optional premium features. QuickBooks provides comprehensive paid plans starting at $30/month, targeting growing businesses with advanced tools like inventory...
Read More » -
Cloud Provider Lambda Reportedly Prepares for IPO
Lambda, a major AI infrastructure provider, is reportedly preparing for an IPO with guidance from Morgan Stanley, J.P. Morgan, and Citi. The potential IPO, possibly in the first half of 2026, aims to leverage investor enthusiasm for AI-driven infrastructure and scalable GPU solutions. Lambda has ...
Read More »