Layoffs and uncertainty spread throughout the industry as Oracle’s ad business declines

Layoffs and uncertainty spread throughout the industry as Oracle’s ad business declines

Oracle has opted to close its advertising division, leaving several hundred employees without jobs. The layoffs were carried out abruptly, without much notice to the affected workers. There were even reports of job offers being made during the Cannes Lions festival. The closure of Oracle’s advertising division leaves a void in the market, which companies … Read more

TechCrunch: Google takes action against AI apps following spread of apps used to create deepfake nude images on Google Play

TechCrunch: Google takes action against AI apps following spread of apps used to create deepfake nude images on Google Play

Google is set to release new guidelines for AI app developers on Google Play to address concerns about inappropriate or banned content. Apps offering AI features will be required to prevent generating restricted content like sexual content and violence while also giving users a way to flag offensive material. Developers must thoroughly test their AI … Read more

The Broadcom (NASDAQ:AVGO), VMware Deal Spread Gets Tighter – TipRanks.com

The Broadcom (NASDAQ:AVGO), VMware Deal Spread Gets Tighter – TipRanks.com

Interesting news out of the ongoing fracas surrounding the Broadcom (NASDAQ:AVGO) and VMware (NYSE:VMW) deal: the deal spread is getting tighter as China’s review looks to produce a lot less meddling and a lot more deal-making. The latest reports suggest that the State Administration for Market Regulation in China isn’t likely to request any more … Read more

VMware/Broadcom deal spread narrows amid report about China’s review

VMware/Broadcom deal spread narrows amid report about China’s review

Sundry Photography/iStock Editorial via Getty Images The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:NYSE:VMW) narrowed amid a report about China’s review of the combination. The spread narrowed to $8.62 from $9.56 on Monday. China’s State Administration for Market Regulation is likely to approve the deal without major changes, according to … Read more

VMware/Broadcom deal spread narrows amid report on China review (NYSE:VMW)

VMware/Broadcom deal spread narrows amid report on China review (NYSE:VMW)

Sundry Photography/iStock Editorial via Getty Images The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:VMW) narrowed amid a report about China’s antitrust review of the deal. The spread narrowed to $15.51 from $17.23 on Tuesday. The parties are expected to start remedy discussions with China’s State Administration for Market Regulation, according … Read more