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Redfin to be acquired by Rocket Companies in $1.75B deal

GeekWire

Total enterprise value of the acquisition, including Redfin’s debt and other financial obligations, is $2.4 billion, with a net loss of $164.8 The company cut 450 employees after announcing a recent licensing deal with Zillow Group. billion in 2024, and adjusted net income of $456 million. Rocket stock was down 10%.

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20 powerful women shaping the networking industry

Network World

In its latest earnings report, the company announced 13% year-over-year net sales growth and annual revenues in the $1.8 Fun fact: She is a licensed English-as-a-Second Language teacher. In 2015, AMD was a $4 billion company that reported a net loss of $660 million. billion range. I didnt wear a skirt and I didnt wear earrings.

Network 366
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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. billion.

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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

In the financial services sector, Oracle signed TD Bank, Silicon Valley Bank, Societe Generale in France, and the company expects to close a deal with BNP Paribas soon, Ellison said, according to a transcript from Seeking Alpha. While overall revenue including services and license support rose 4% year over year to reach $10.5

Oracle 264
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. The company, which reported net revenues of $3.6 The company, which reported net revenues of $3.6

Financial 290
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Pursuing A New Future of Innovation Through Digital Banking Strategy

CIO Business Intelligence

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. Carbon neutral and net-zero commitments are more than just “nice-to-have” now; they are a business imperative that is driving banks to rethink their operations.

Banking 246
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Pursuing A New Future of Innovation Through Digital Banking Strategy

CIO Business Intelligence

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. Carbon neutral and net-zero commitments are more than just “nice-to-have” now; they are a business imperative that is driving banks to rethink their operations.

Banking 246