Embracer Group announces plans to spin-off Fellowship Entertainment
…The company reported a loss of over SEK 200 million ($21.2 million) from financial write-downs and cuts to co-publishing and work-for-hire projects. It also recorded a loss…
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Top stories
Samsung's Dilemma Ahead Of Next Week's Union-Led Strike: Give In Or Absorb $20 Billion In Losses As Workers Jeer "Slave Contracts"
…For Samsung, the situation could easily result in losses that reach 30 trillion won ($20 billion)! Dilemma Meanwhile, Samsung management is now facing a complex dilemma. Basically, its unionized workers are demanding…
Cyber-Enabled Cargo Crime: How Cybercrime Tradecraft is Used to Steal Freight
…financial liability; a single tractor trailer loaded with pharmaceuticals can carry a price tag in the millions. A single load of pistachios? Hundreds of thousands of dollars. These are not losses that…
xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over | TechCrunch
…into xAI, and therefore X’s, financials. In 2024, xAI recorded a loss of $1.56 billion on $2.62 billion in revenue. By 2025, losses had ballooned to $6.4 billion…
Discussions and forums
OpenAI's financial statements have leaked, $21B in losses
OpenAI's financial statements have leaked, $21B in losses
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Leaked OpenAI financials show $38.5B loss and compute burn
Leaked OpenAI financials show $38.5B loss and compute burn
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OpenAI's financials have leaked, showing $21B in losses against $13B in revenue
OpenAI's financials have leaked, showing $21B in losses against $13B in revenue
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OpenAI's leaked financials reveal soaring losses as it prepares to go public
OpenAI's leaked financials reveal soaring losses as it prepares to go public
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How common is an employee indemnity clause in DevOps / systems engineering contracts?
I’m reviewing an employment contract for a DevOps / systems engineering role and noticed an indemnity clause where the employee indemnifies the employer against “liabilities, claims, costs, damages, expenses and losses i…
SEGA Cancels its 'Super Game' and Moves Away From GaaS Focus While Keeping New Crazy Taxi, Golden Axe Games in Development
SEGA just published its fiscal year 2026 full-year financials, and while some Japanese publishers like Capcom can't seem to miss lately, that's not the story for SEGA. This past…
FBI says cyber fraud cost Americans $21B last year – what you need to know
…Investment fraud remains the primary driver, accounting for nearly 49% of all scam-related losses. Americans who submitted complaints involving cryptocurrency reported the highest losses, with 181,565 complaints totaling more than…
Oracle tops up restructuring fund for FY26 by $500M
…increased funding for its restructuring plans for the current financial year by $500 million, with some observers anticipating a spate of job losses. In a call with investors earlier this week, co…
PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4
Sony has released its full-year financial results, reporting stable sales and a modest increase in operating income for its Games & Network Services segment (G&NS). However, performance in this segment was…
In SpaceX’s IPO, Elon Musk is the risk factor
…The S-1 goes on to enumerate the ways in which Musk’s extensive entanglements could result in financial loss for SpaceX. The company is completely dependent on his leadership, and yet…
Ubisoft Posts Record €1.3 Billion Loss, Pins Comeback on Stricter Quality Bar and Generative AI NPCs & Tools
…The company also reported an IFRS operating loss of €1.3 billion for the year, which Chief Financial Officer Frederic Duguet said on the earnings call was a record. However, Duguet also…