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Atos staves off bankruptcy, casts wider net for refinancing

CIO

In 2023, the company made a net loss of €3.4 billion, compared to a net loss of €1 billion on revenue of €11.3 billion in 2022. billion on revenue of €10.7 It also forecast at least one more year of declining revenue, before a return to slow growth in 2025 and a slight acceleration, to 6.2%, in 2026.

.Net 264
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Scientists repeat breakthrough fusion experiment, netting more power than before

TechCrunch

The fact that scientists have achieved net-positive fusion power twice should hearten investors , who bet over $4 billion on the industry in 2021 and 2022. While the most recent experiment won’t garner quite as many headlines as the one in December, it’s just as important. A breakthrough is meaningless if it can’t be replicated.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

net loss for Q4 2022 by Christine Hall originally published on TechCrunch Court of Appeals for the 2nd Circuit in New York stating that Elon Musk still needs a lawyer to approve his tweets. Rebecca has more. Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B

.Net 246
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Inside Secfi’s 2022 state of stock options equity report

TechCrunch

An estimated 24% of startups on the Secfi platform reduced their fair market valuations in 2022, according to an internal analysis. For people working at those startups, that means some (in some cases, all) of their employee stock options spent 2022 underwater. billion valuation — an 85% decline. Image Credits: Secfi.

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Google Cloud growth slows as Alphabet net income plunges

CIO

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

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Enterprise e-commerce in 2022: As TAM expands, the platform wars are heating up

TechCrunch

Here are some stand-out statistics: 2022 is turning out to be a phenomenal year for enterprise e-commerce platforms. This year promises to be the year of net-new additions for enterprise e-commerce platforms. Image Credits: PipeCandy. However, such e-commerce companies are quite complex.

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14 climate tech investors share their H1 2022 strategies

TechCrunch

The start of 2022 shows no signs of slowing, with more startups jumping into the fray to tackle one of humanity’s biggest challenges. What is your climate tech investment thesis in H1 2022? You want to make sure that things you’re investing in are a net positive. Valerie Shen , partner and COO, G2 Venture Partners.