Why is Inter Parfums stock sliding today?

Presented by JumpCloud The organizations losing confidence in AI are the ones most likely to get it right. Six months ago, 40% of IT leaders described their organizations as mature in AI deployment. Today that number is 23%. Before you read that as a setback, consider what it actually reflects. We recently surveyed 800 IT…

Key Takeaways Colette and Andy Bell started a handyman business in 1998 to tackle small projects for homeowners. In 2018, they connected with Ace Hardware, which purchased their business in 2019. Colette is now the vice president of franchise development for Ace Handyman Services, and she continues to lead expansion. Colette Bell and her husband,…

The agency’s chairman says this is “not an AI-driven downsizing exercise” but a change in operating model.

Microsoft has announced it has cut 4,800 jobs – roughly 2.1% of its workforce – with Xbox to bear a large number of its latest layoffs. Amy Coleman, executive vice president at Microsoft, told employees in a memo that the tech giant needed to focus on areas that can deliver for customers amid a “fast-changing…

Netflix says roughly 300 titles on its platform used generative AI, most of which occurred in post-production. The streaming service revealed the news in its second-quarter earnings report released on Thursday, saying it’s “increasingly leveraging these tools to deliver higher quality output more quickly and at a lower cost.” It also provided some examples of…

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