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Microsoft's AI Costs Spook Investors, Stock Takes a Dive - Professional coverage
BusinessCloudSoftware

Microsoft’s AI Costs Spook Investors, Stock Takes a Dive

According to MarketWatch, Microsoft's stock fell sharply, down about 7% in after-hours trading following its December-quarter earnings report. This drop…

Overpath raises €1.6M to fix sales teams with AI - Professional coverage
AISoftwareTechnology

Overpath raises €1.6M to fix sales teams with AI

According to Silicon Republic, Dublin-based startup Overpath has raised €1.6 million in a funding round led by venture firm Elkstone,…

LVGL and Renesas are making embedded HMIs way easier - Professional coverage
HardwareSoftwareTechnology

LVGL and Renesas are making embedded HMIs way easier

According to Embedded Computing Design, the open-source Light and Versatile Graphics Library (LVGL) is a key framework for building modern…

BusinessTelecom

Cumulus Media Files Antitrust Lawsuit Against Nielsen Over Radio Ratings Practices

Cumulus Media has initiated legal action against Nielsen Holdings, accusing the ratings giant of anticompetitive practices in radio audience measurement. The lawsuit alleges Nielsen illegally bundles national and local ratings data, forcing broadcasters to purchase unnecessary services. Industry analysts suggest the case could reshape how radio audience data is sold and priced.

Major Radio Network Challenges Ratings Giant

Radio broadcasting network Cumulus Media has filed a federal antitrust lawsuit against audience measurement firm Nielsen Media Research, according to court documents reviewed by Reuters. The lawsuit, filed in Manhattan federal court, alleges that Nielsen has been illegally leveraging its dominant position in radio ratings to suppress competition and charge inflated prices.

BusinessStartups

Former Builder.ai Finance Chief Subpoenaed in US Fraud Investigation

The former CFO of Builder.ai has been subpoenaed by US prosecutors investigating the startup’s collapse. Authorities are examining allegations of inflated revenues and questionable accounting practices at the once-valued $1 billion company.

Builder.ai’s Former CFO Subpoenaed in Federal Investigation

Former Builder.ai chief financial officer Andres Elizondo has been subpoenaed by US prosecutors as authorities investigate the circumstances surrounding the collapse of the Microsoft-backed startup, according to reports from the Financial Times. The subpoena reportedly requests Elizondo appear before a grand jury in a Manhattan court for questioning in September.