Kering Faces Cyber Breach Impacting Luxury Fashion Brands

Kering is under fire after hackers stole client data from its high-end labels, including Gucci, Balenciaga, and McQueen. Although credit card information appears safe, the company has reached out to affected customers while scrambling to contain the breach and tighten its cybersecurity defenses.

Back to Top / Monday, September 15, 2025, 6:20 pm / permalink 14571 / 2 stories in 5 months

Manufacturing startup Divergent raises $290M at $2.3B valuation

Maria Deutscher / siliconangle - Manufacturing startup Divergent Technologies Inc. today announced that it has raised $290 million in a late-stage funding round to support its growth efforts. The Series E round comprised $250 million in equity funding and $40 million worth of debt. Roche…

Back to Top / Monday, September 15, 2025, 6:20 pm / permalink 14570 / 2 stories in 5 months

Self-serve phone recycling kiosks open in Toronto area

Matthew Mountjoy / mobilesyrup - EcoATM, a global leader in electronics recycling, officially launched in Canada through a partnership with Walmart. According to the company’s press release, the initial launch will see 13 kiosks open in Walmarts across the Greater Toronto Area, mainly in…

Back to Top / Monday, September 15, 2025, 4:21 pm / permalink 14567 / 2 stories in 5 months

Canadian Tire and Tim Hortons to Link Loyalty Programs

Austin Blake / iphoneincanada - Canadian Tire and Tim Hortons will connect their loyalty programs starting in late 2026, giving customers the chance to earn and redeem rewards across both brands. The agreement will let members link their Triangle Rewards and Tims Rewards accounts. Once …

Back to Top / Monday, September 15, 2025, 3:21 pm / permalink 14565 / 2 stories in 5 months

Bharti big shots storm BT boardroom after £3.6B raid

Paul Kunert / theregister - Sign 'relationship agreement' as Bharti Mittal and Vittal take non-exec directorships BT - Britain's former state-owned telecoms monopoly - has confirmed that execs from Bharti Global, its largest shareholder, are joining the board with immediate effect.…

Back to Top / Monday, September 15, 2025, 6:21 am / permalink 14533 / 2 stories in 5 months

Ram ends EV pickup truck plans

Kirsten Korosec / techcrunch - Stellantis, the parent company of Ram, said Friday that it will no longer develop a battery-electric full-size pickup. The company cited low demand for full-size battery-electric trucks as the primary reason.

Back to Top / Friday, September 12, 2025, 6:20 pm / permalink 14512 / 3 stories in 5 months

Microsoft and OpenAI reach restructuring truce

Marcus Schuler / implicator - Microsoft and OpenAI end months of toxic negotiations with a deal that gives the nonprofit $100+ billion while clearing OpenAI's path to go public. The agreement reveals how AI partnerships are evolving beyond traditional boundaries.

Back to Top / Friday, September 12, 2025, 10:21 am / permalink 14461 / 7 stories in 5 months

Adobe’s stock gains as its AI investments start bearing fruit

Mike Wheatley / siliconangle - Adobe Inc.’s shares made gains in late trading today after the Photoshop maker delivered third-quarter financial results that surpassed Wall Street’s expectations and offered a strong outlook for the current quarter, indicating that its investments in art…

Back to Top / Thursday, September 11, 2025, 7:20 pm / permalink 14421 / 2 stories in 5 months

Elon Musk’s Boring Company suspends work on Vegas airport tunnel after ‘crushing injury’

Sean O'Kane / techcrunch - A worker had to be rescued by the local fire department, but is reportedly stable. Dozens of Boring Company workers have been injured over the years in Vegas.

Back to Top / Thursday, September 11, 2025, 5:20 pm / permalink 14406 / 2 stories in 5 months

Paramount Skydance prepares bid to acquire Warner Bros Discovery - Financial Times

google - Paramount Skydance prepares bid to acquire Warner Bros Discovery Financial Times

Back to Top / Thursday, September 11, 2025, 4:20 pm / permalink 14400 / 4 stories in 5 months

Perplexity reportedly raised $200M at $20B valuation

Marina Temkin / techcrunch - The AI-powered search startup's valuation jumped from $18 billion two months earlier.

Back to Top / Wednesday, September 10, 2025, 11:20 pm / permalink 14337 / 2 stories in 5 months

HBO Max is going to get a lot more expensive, CEO promises

Ian Carlos Campbell / engadget - David Zaslav, the CEO of Warner Bros. Discovery, plans to make HBO more expensive, and passwords a lot harder to share, according to The Hollywood Reporter. Zaslav shared his general outlook on the state of television at the Goldman Sachs Communacopia + T…

Back to Top / Wednesday, September 10, 2025, 6:20 pm / permalink 14328 / 6 stories in 5 months

Reddit, Yahoo, and other publishers roll out licensing protocol, pressuring AI companies to pay for scraped data

techspot - Announced earlier today, Really Simple Licensing, or RSL, is an open, decentralized protocol developed by the non-profit RSL Collective. Built on the widely used RSS (Really Simple Syndication) standard, it can handle any digital content – web pages, book…

Back to Top / Wednesday, September 10, 2025, 3:21 pm / permalink 14308 / 2 stories in 5 months

OpenAI and Oracle reportedly ink historic cloud computing deal

Rebecca Szkutak / techcrunch - OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

Back to Top / Wednesday, September 10, 2025, 3:21 pm / permalink 14304 / 5 stories in 5 months

Nebius Eyes $3B Capital Raise Following Landmark Microsoft Deal

AI infrastructure firm Nebius Group is set to raise over $3B in fresh capital immediately after sealing a headline-making $19.4B deal with Microsoft. The ambitious funding round reflects strong investor confidence and marks a pivotal moment as the company gears up for rapid expansion in the fiercely competitive AI market.

Back to Top / Wednesday, September 10, 2025, 12:22 pm / permalink 14279 / 1 stories in 5 months

Synopsys Shares Plunge Amid China Trade War Pressures

Technology firm Synopsys has seen its shares tank amid headwinds from reduced Chinese sales linked to ongoing trade tensions. The sharp decline in its market performance underscores mounting challenges for U.S. tech companies operating in a volatile international landscape, as trade disputes continue to erode earnings forecasts.

Back to Top / Wednesday, September 10, 2025, 12:22 pm / permalink 14276 / 0 stories in 5 months

Reddit Launches Free Publisher Tools in Strategic Push to Become a Search Destination

Markus Kasanmascheff / winbuzzer - Reddit is launching free new tools for publishers via its Reddit Pro platform, offering analytics and AI-powered suggestions to support its pivot to a search engine.The post Reddit Launches Free Publisher Tools in Strategic Push to Become a Search Destina…

Back to Top / Wednesday, September 10, 2025, 12:21 pm / permalink 14274 / 3 stories in 5 months

Larry Ellison is $110 billion richer after blowout Oracle earnings report

cnbc - Larry Ellison, the co-founder and technology chief of database software incumbent Oracle, is closing in on his friend Elon Musk's net worth.

Back to Top / Wednesday, September 10, 2025, 11:21 am / permalink 14265 / 3 stories in 5 months