Third-quarter Report
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Generative AI Has 'Zero Part' in GTA 6, Says Take-Two CEO Strauss Zelnick
Take-Two CEO Strauss Zelnick has said that generative AI has "zero part" in GTA 6 development. The executive said that the company utilised AI as productivity tools, but not for creativity. Zelnick said that AI tools will not create great entertainment properties.
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Boeing Reports $5.4-Billion Loss As New 777X Aircraft Keeps Getting Delayed
Boeing reported a $5.4-billion third-quarter loss on Wednesday as massive added costs from the delayed certification of its 777X aircraft weighed down its results.
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Apple CEO Tim Cook ‘Very Open’ to AI Acquisitions, Plans to Increase Investments: Report
Apple CEO Tim Cook reportedly highlighted that the company is planning to “significantly” increase investments in artificial intelligence (AI) technology. The statements were made on Thursday as part of the CEO's remarks alongside Apple’s third-quarter earnings report. As per the report, the Cupertino-based tech giant is also open to the merg...
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Patanjali Foods See 71% Jump In Q3 Profit On Cooking Oil Boost
Patanjali Foods reported a 71% rise in third-quarter profit on Monday, aided by robust demand at its mainstay cooking oils business.
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The Witcher 4 Moves to Full-Scale Production, Cyberpunk 2077 Crosses 30 Million Copies Sold
The fourth Witcher game, codenamed Project Polatis, has entered full-scale production, developer CD Projekt Red announced Tuesday as it reported its third-quarter financial results for 2024. The studio said it had wrapped up pre-production on the game, set to be the first instalment in a new Witcher trilogy.
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Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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Adani Total Gas Reports 18% Rise In Q3 Profit Boosted By CNG Sales
India's Adani Total Gas reported a nearly 18% rise in its third-quarter profit on Tuesday, boosted by strong sales of its compressed natural gas (CNG).
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Adani Power Reports Net Profit Of Rs 2,738 Crore In Third Quarter
Indian thermal power producer Adani Power reported an increase in third-quarter profit on Thursday, as strong industrial demand drove a recovery from a massive slump in profit the previous year.
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Meta's Metaverse-Linked Division Posts Losses Close to $3.7 Billion in Q3 2022
Facebook’s parent company Meta reported that its metaverse division Reality Labs lost $3.7 billion (roughly Rs. 30,476 crore) in the third quarter of this year, bringing its accumulated losses in 2022 to $9.4 billion (roughly Rs. 77,386 crore), according to its third-quarter financial report on Wednesday.
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Generative AI Has 'Zero Part' in GTA 6, Says Take-Two CEO Strauss Zelnick
Take-Two CEO Strauss Zelnick has said that generative AI has "zero part" in GTA 6 development. The executive said that the company utilised AI as productivity tools, but not for creativity. Zelnick said that AI tools will not create great entertainment properties.
-
Boeing Reports $5.4-Billion Loss As New 777X Aircraft Keeps Getting Delayed
Boeing reported a $5.4-billion third-quarter loss on Wednesday as massive added costs from the delayed certification of its 777X aircraft weighed down its results.
-
Apple CEO Tim Cook ‘Very Open’ to AI Acquisitions, Plans to Increase Investments: Report
Apple CEO Tim Cook reportedly highlighted that the company is planning to “significantly” increase investments in artificial intelligence (AI) technology. The statements were made on Thursday as part of the CEO's remarks alongside Apple’s third-quarter earnings report. As per the report, the Cupertino-based tech giant is also open to the merg...
-
Patanjali Foods See 71% Jump In Q3 Profit On Cooking Oil Boost
Patanjali Foods reported a 71% rise in third-quarter profit on Monday, aided by robust demand at its mainstay cooking oils business.
-
The Witcher 4 Moves to Full-Scale Production, Cyberpunk 2077 Crosses 30 Million Copies Sold
The fourth Witcher game, codenamed Project Polatis, has entered full-scale production, developer CD Projekt Red announced Tuesday as it reported its third-quarter financial results for 2024. The studio said it had wrapped up pre-production on the game, set to be the first instalment in a new Witcher trilogy.
-
Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
Adani Total Gas Reports 18% Rise In Q3 Profit Boosted By CNG Sales
India's Adani Total Gas reported a nearly 18% rise in its third-quarter profit on Tuesday, boosted by strong sales of its compressed natural gas (CNG).
-
Adani Power Reports Net Profit Of Rs 2,738 Crore In Third Quarter
Indian thermal power producer Adani Power reported an increase in third-quarter profit on Thursday, as strong industrial demand drove a recovery from a massive slump in profit the previous year.
-
Meta's Metaverse-Linked Division Posts Losses Close to $3.7 Billion in Q3 2022
Facebook’s parent company Meta reported that its metaverse division Reality Labs lost $3.7 billion (roughly Rs. 30,476 crore) in the third quarter of this year, bringing its accumulated losses in 2022 to $9.4 billion (roughly Rs. 77,386 crore), according to its third-quarter financial report on Wednesday.
