English < Article List - DigitalToday

Search results for New York Times

Telecommunications & Media

YouTube and TikTok emerge as rivals, adding to Netflix\'s new growth dilemma

Netflix released its third-quarter results on Oct. 20 and showed its ability to generate profits remains intact, but the market reaction was negative. Revenue rose 12 percent to $12.9 billion, while growth was the weakest in three years. Concerns over viewing-time growth, especially in the United States and Canada, weighed on sentiment. The company also faces competition from YouTube and TikTok and a lack of new hits.

AI & Enterprise

SpaceX returns to profit in Q3 as revenue jumps to $14.5 billion

SpaceX returned to profit in the third quarter even as it sharply increased investment in artificial intelligence, the New York Times reported on Oct. 20. The company reported revenue of $14.5 billion, up more than 2.5 times from a year earlier, and net income of $4.4 billion, or 37 cents a share, reversing a prior-year loss. It said AI and satellite internet led growth.

AI & Enterprise

Is neocloud the next WeWork? What is behind the \'AI bubble\' claim

Neocloud firms that grew rapidly in the AI boom are facing questions about sustainability and are being cited as a possible source of an AI bubble. Firmus pulled its planned IPO, while UK-based Nscale’s U.S. listing became uncertain after Microsoft withdrew a data centre lease. Already-listed CoreWeave has been hit by a share slump and investor concerns about debt, with anxiety spreading to larger players such as Oracle and SoftBank.