All posts tagged: Drop

India’s Wipro beats second-quarter revenue expectations, deal bookings drop

India’s Wipro beats second-quarter revenue expectations, deal bookings drop

Published by Sam Flores

BENGALURU, Oct 15 : Wipro, India’s fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company’s consolidated revenue rose 9.1 per cent to 247.53 billion rupees ($2.60 billion) in the July-September quarter, a tad above analysts’ average estimate of 246.27 billion rupees, as per LSEG data. Bengaluru-based Wipro forecast third-quarter revenue of $2.57 billion to $2.63 billion- which translates to a drop of 1.5 per cent to an increase of 0.5 per cent. Most brokerages had expected a guidance between 2 per cent decline and flat revenue growth. Wipro said revenue from Europe, which contributes more than a fourth of its overall business, rose 5.1 per cent year-over-year, after stripping out currency fluctuations. The company also signed partnerships with Anthropic and Google during the year, helping it gain traction in terms of AI-related revenue and savings.  The company posted a net profit of 32.01 billion rupees, compared with analysts’ estimates of 33.69 billion rupees. Total deal wins for …

Hours Away: Will Apple Finally Drop a Redesigned Apple TV 4K Today?

Hours Away: Will Apple Finally Drop a Redesigned Apple TV 4K Today?

Published by skeptic

Apple is preparing to unveil its latest Apple TV 4K later today, marking the first significant update since 2022. This announcement is expected to introduce a range of advancements in hardware, software, and connectivity, all designed to elevate your streaming and smart home experience. With a focus on innovative technology, improved performance, and sustainability, the […] The post Hours Away: Will Apple Finally Drop a Redesigned Apple TV 4K Today? appeared first on Geeky Gadgets. Source link

Cornell rape accuser faces threats demanding she drop her lawsuit, attorney says

Cornell rape accuser faces threats demanding she drop her lawsuit, attorney says

Published by Sam Flores

The woman who alleges she was sexually assaulted by Cornell University fraternity members has received threats pressuring her to drop her lawsuit, her attorney said Sunday. Thomas Giuffra told CNN’s “State of the Union” that people attempting to unmask his client’s identity had also targeted at least three women mistakenly identified as her. The former Cornell student is identified as Jane Doe in court documents. “She’s received multiple threats, and women who aren’t even Jane Doe receive threats,” Giuffra said. He added that he had received a threat Sunday morning. Giuffra did not identify those responsible or say whether the threats had been reported to law enforcement. He did not immediately respond to NBC News’ request for more information about the threats. Jane Doe filed a lawsuit last month against Cornell and seven Chi Phi fraternity members, alleging she was sexually assaulted over the course of hours on Oct. 19-20, 2024, while she was under the influence of ketamine, alcohol and marijuana. The allegations have sparked renewed scrutiny of the university’s and local authorities’ handling …

Ford’s Fathom pickup couldn’t come soon after EV sales drop 80%

Ford’s Fathom pickup couldn’t come soon after EV sales drop 80%

Published by skeptic

Ford Fathom EV pickup prototype (Source: Jim Farley) The Ford Fathom is set to go on sale in early 2027, starting at about $30,000. Meanwhile, Ford’s US EV sales dropped 80% in the third quarter. Ford’s EV sales fall 80% as Fathom launch nears As Ford prepares to introduce its next-generation electric pickup next year, sales of its current EVs continued a downward spiral in the third quarter. Ford reported total Q3 sales in the US fell by 6.6%, with just under 510,000 vehicles sold. Total electrified vehicle sales, including EVs and hybrids, were down 41.3% to 50,355 units. Ford’s EV sales dropped 80%, with just 6,047 electric models sold in the third quarter. The fallout comes as Ford phases out the current F-150 Lightning. Ford sold just 289 F-150 Lightnings in the third quarter, down 97% from Q3 2025. Advertisement – scroll for more content The Trump Administration also ended the federal $7,500 tax credit last September, which led to a rush of buyers ahead of the deadline. Ford moved just 5,574 Mustang Mach-Es …

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Published by Sam Flores

Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue. The tepid forecast on Thursday (Oct 1) underscored that Nike’s challenges will likely persist for at least several more quarters – especially in China, where sales tumbled 26 per cent on a constant-currency basis in the first quarter – adding to investor unease about the pace of Hill’s turnaround. Its shares fell 8.5 per cent in extended trading. The company has been working to revive growth during the first two years of Hill’s tenure by refocusing on key sports such as running and by rebuilding relationships with wholesale retailers. But analysts say its worries have in large part stemmed from a failure to release enough new, compelling products, leading to an uptick in promotions and discounts. “Our Nike performance business is not yet large enough to offset the pressure we’re seeing in Nike sportswear, …

Waffle House teams up with OutKast for new merch drop

Waffle House teams up with OutKast for new merch drop

Published by Daniella Wilson

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Membership today. Join today Already a member? Log in Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more If there’s one thing more Atlanta than OutKast, it might be Waffle House, and now the two are joining forces. The legendary hip-hop duo and the diner chain are collaborating on a new merchandise collection, complete with OutKast references and plenty of Waffle House yellow. Waffle House teased the release Tuesday, posting a photo of one of its signs with the words “Gator belts and patty melts,” a line from OutKast’s 2000 song “So Fresh, So Clean.” The post offered little explanation, but it didn’t take long for the mystery to unravel. The collection includes T-shirts, a hoodie, socks, …

GB News narrows losses despite 63% drop in website visitors

GB News narrows losses despite 63% drop in website visitors

Published by Sam Flores

GB News presenters Alex Armstrong and Ellie Costello on GB News Breakfast on Wednesday 30 September. Picture: Youtube screenshot GB News grew revenue and narrowed its losses in the second half of 2025, according to its latest financial figures. The latest figures bring the channel’s total losses to £142m for owners Sir Paul Marshall and Legatum Ventures since its 2021 launch. The newsbrand said it was moving in the right direction despite Google and AI changes that contributed to a 63% drop in website and app visitors. The broadcaster is realigning its financial year, meaning it has just published accounts for the seven months to 31 December 2025. Previously its accounting year ran to 31 May. In the seven months to 31 December, GB News brought in revenue of £17.4m, up 16% compared to £15m in the equivalent seven-month period in 2024. Earnings before interest, taxation, depreciation and amortisation (EBITDA) improved by 26% from a loss of £12.1m in the equivalent seven months in 2024 to a loss of £8.9m. The broadcaster’s loss before tax …

Xiaomi Claims an 80% Compute Cost Drop for Unreleased MiMo V3

Xiaomi Claims an 80% Compute Cost Drop for Unreleased MiMo V3

Published by skeptic

Artificial intelligence has long struggled with balancing memory efficiency, computational costs and the ability to process extensive contextual information. Xiaomi and DeepSeek have introduced new approaches that aim to address these persistent challenges, with DeepSeek’s V4.1 Flash and Xiaomi’s HySparse2 Design offering notable innovations. For example, DeepSeek’s model employs a layer note-sharing mechanism that reduces […] The post Xiaomi Claims an 80% Compute Cost Drop for Unreleased MiMo V3 appeared first on Geeky Gadgets. Source link