London (Business Emerge), October 9: In an innovative move, Just Eat Takeaway is joining forces with e-commerce specialist Rokt to implement advanced AI technology for enhancing post-purchase advertising on its platforms. This collaboration, announced on Wednesday, aims to personalize advertising strategies on Just Eat’s apps and websites. The partnership will empower advertisers within the Rokt Ads network to deliver customized messages to Just Eat’s extensive customer base of 82 million users, according to a joint statement from both companies. This initiative reflects a growing trend among meal delivery services seeking new avenues for revenue growth after experiencing a decline in…
Author: Kevin Miller
Brasilia (Business Emerge), October 9: Brazil’s Supreme Court has granted X the approval to resume its services within the nation as of Tuesday. This decision follows the social media platform’s shift in stance, as it began adhering to the court’s mandates that billionaire owner Elon Musk had initially vowed to oppose. Justice Alexandre de Moraes, who had been engaged in a prolonged conflict with Musk, authorized the platform to restart its operations in Latin America’s largest market without delay. In his ruling, Moraes confirmed that X had fulfilled all essential criteria to begin functioning again. Despite previously denouncing the court’s…
New York (Business Emerge), October 9: The U.S. government is considering significant action against Alphabet Inc. (GOOGL.O), potentially requesting a judge to mandate the company to sell off certain divisions, including its Chrome browser and Android operating system. This move comes amid accusations that these platforms are instrumental in upholding an unlawful monopoly in online search. In a historic ruling, a judge determined in August that Google, which dominates 90% of internet searches in the U.S., has established an illegal monopoly. The remedies proposed by the Justice Department could fundamentally alter how Americans access information online, potentially decreasing Google’s revenues…
Paris (Business Emerge), October 7: Atos, a major IT firm currently undergoing restructuring, remains committed to securing a deal with the French government for the sale of its most critical activities, including cybersecurity and supercomputing. Despite the expiration of an initial government offer, Atos continues negotiations with a renewed proposal that aligns with its financial restructuring plan. The restructuring company, which earlier reached an agreement with key creditors, plays a crucial role in securing communications for the French military and secret services, while also producing servers for supercomputers. On Monday, Atos stated, “Atos has offered to continue discussions and has…
Washington (Business Emerge), October 7: Ubisoft, the creator of popular video games such as “Assassin’s Creed,” “Far Cry,” and “Watch Dogs,” announced on Monday that it frequently evaluates its strategic alternatives. The company did not provide additional comments regarding recent reports about a potential buyout. As France’s biggest video game developer, Ubisoft has been perceived as a takeover target for some time, suffering a 50% drop in stock market value over the past year. This decline has been largely due to repeated delays and underperformance of key titles. Ubisoft stated it would communicate with the market when necessary. When asked…
Bangkok (Business Emerge), October 7: Powerful Southeast Asian criminal syndicates are utilizing the Telegram messaging app to conduct massive illegal operations, according to a report published by the United Nations on Monday. The widespread use of Telegram has led to a transformative shift in how organized crime operates, enabling extensive illicit activities on a large scale. The United Nations Office for Drugs and Crime (UNODC) detailed that hacked data, including sensitive information such as credit card details, passwords, and browser histories, are being openly traded across unregulated and expansive Telegram channels. Additionally, tools used for cybercrime—including deepfake software for scams…
California (Business Emerge), September 5: Shares of C3.ai experienced a dramatic 20% decline in premarket trading on Thursday, triggered by disappointing quarterly subscription revenue. The downturn stems from sluggish conversions of pilot customers. The impact of elevated interest rates and economic uncertainty has prompted companies to adopt a more conservative approach to spending, leading to tightened budgets and reduced expenditure. C3.ai’s subscription revenue for the first quarter reached $73.5 million, falling short of LSEG’s projections of $79.1 million. This revenue primarily includes income from software licenses, Software-as-a-Service offerings, pilot programs, and usage-based pricing models, which generate revenue over time. “D.A.…
New Delhi (Business Emerge), September 5: Generative AI is becoming a game-changer for India’s rapidly expanding engineering research and design sector, according to Sreenivasa Chakravarti, Vice President of Internet of Things and Digital Engineering at Tata Consultancy Services (TCS). This technological advancement has significantly accelerated product development cycles, leading to an impressive increase in efficiency for engineering-focused clients. TCS, known for its collaborations with high-profile clients such as Rolls Royce, Jaguar Land Rover, and Siemens, has observed a 20% boost in the speed of product development for its engineering clients. Chakravarti highlighted that generative AI is now central to this…
Brussels (Business Emerge), September 5: A recent opinion from a Court Advocate General suggests that Google’s restrictions on accessing its Android Auto platform could potentially breach EU competition regulations. This stance aligns with concerns raised by Italy’s antitrust authority against Google’s practices. In 2021, Alphabet Inc.’s Google was fined €102 million by the Italian antitrust regulator for obstructing Enel’s JuicePass app from accessing Android Auto. This app enables drivers to use maps on their dashboards and send messages while driving. Advocate General Laila Medina has indicated that Google’s refusal to allow third-party apps like JuicePass on its Android Auto platform…
New York (Business Emerge), September 5: Ilya Sutskever, the former chief scientist at OpenAI, has unveiled his latest venture, Safe Superintelligence (SSI), which aims to create advanced artificial intelligence systems designed to be significantly safer and more capable than current technologies. This announcement marks a bold step in the quest to ensure that AI evolves responsibly and ethically. Sutskever, a prominent figure in AI, who studied under the legendary Geoffrey Hinton, has been a key proponent of the scaling hypothesis—an idea that AI performance improves with increased computational resources. This concept was instrumental in the development of generative AI models…