Klarna CEO Sebastian Siemiatkowski joins Yahoo Finance Live to discuss the company's profitability while growing its consumer base and keeping its customers' best interests at heart.
"We're definitely still seeing e-commerce suffering from a little bit of coming back to normality," Siemiatkowski explains."What you are seeing is also that obviously in the U.S. the checks and people savings rates just went through the roof, people were paying down their debt at a massive rate."
Klarna CEO talks state of consumer in buy now, pay later landscape
ca.finance.yahoo.com
The buy now, pay later industry continues to take hits due to elevated interest rates and the resumption of student loan payments. Klarna CEO Sebastian Siemiatkowski joins Yahoo Finance Live to discus...
Klarna reports H1 2023 Results: smashes profitability target, continued growth ahead of e-commerce.
Klarna reports H1 2023 Results: smashes profitability target, continued growth ahead of e-commerce.
www.klarna.com
Stockholm August 31st 2023 - Klarna, the AI-powered global payments network and shopping assistant, today reported its H1 results for 2023, which includes
Silk, a leading platform for accelerating the performance of business-critical workloads to the cloud, today announced a new offering to make it easier than ever for mid-size enterprises to run their most important applications on the cloud.
The offering gives customers an option to build Silk Data Pods (SDPs) using Microsoft Azure Premium SSD v2 Disk Storage.
www.newswire.com
Will also provide greater resiliency for Microsoft Azure Premium SSD v2 Disk Storage
Starlink’s rapid growth fuels hope for an IPO
Last year, Starlink brought in $1 billion in revenue for SpaceX, and its commercial launch business generated about $2.3 billion in revenue, according to third-party analysis. (SpaceX is a private company and doesn’t disclose financial details.)
Starlink had more than one million users at the end of 2022 and is on track to turn a profit this year, SpaceX President Gwynne Shotwell said at an event in February.
SpaceX’s Starlink Project Crosses a Key Milestone, Fueling IPO Hope
observer.com
SpaceX’s Starlink satellite business has grown significantly in the past year, raising hopes for a spinoff in the form of an IPO.
DataRobot partners with Microsoft to accelerate value of AI
The collaboration will include integrations with Microsoft Azure OpenAI Service, Azure Machine Learning, and Azure Kubernetes Service (AKS), making it possible for data scientists to use large language models (LLMs) to assist with writing code. This will enable DataRobot and Microsoft customers to more easily build, deploy, and manage end-to-end enterprise-ready AI solutions on Microsoft Azure.
Microsoft Build 2023 | DataRobot AI Platform
www.datarobot.com
Empower AI model building with DataRobot's collaboration with Microsoft Azure. Code generation, streamlined deployment, and monitoring included.
Sisense Announces CEO Transition and Key Promotions; Hits Major Financial Milestones
“I am honored to be leading Sisense into its next era of growth, building on a strong foundation that includes a rich embed platform, $150M ARR, a solid customer base, and positive EBITDA. This will allow us to thrive in the coming years regardless of economic conditions,” said Ariel Katz, CEO, Sisense
www.businesswire.com/news/home/20230427005245/en/Sisense-Announces-CEO-Transition-and-Key-Promotions-Hits-Major-Financial-Milestones
Twitter has partnered with the investment platform eToro to show real-time information about stocks and crypto prices.
Twitter partners with eToro to show real-time stock and crypto information
guce.techcrunch.com
Twitter has partnered with the investment platform eToro to show real-time information about stocks and crypto prices.
Silk announces that SimCorp, a global leader in Investment Management solutions, is using the Silk Data Virtualization Platform to ensure the performance of its Asset Management SaaS (Software as a Service) offering, SimCorp Dimension®
SimCorp, committed to innovative software and services, modernized its business-critical application on Microsoft Azure. Leveraging Silk, SimCorp enables faster and easier access to SimCorp Dimension as a SaaS platform.
“Leveraging Silk as part of our technology stack, we confidently provide a fast, flexible, and cost-efficient SaaS solution to our client base,” says Ulrik Elstrup Hansen, Vice President, Head of SaaS Innovation at SimCorp. “Silk has been critical for us to accelerate adoption of our SaaS platform as we help clients maximize their value on our most advanced platform.”
“Silk is proud to partner with SimCorp to help accelerate adoption and guarantee the performance of their SaaS platform,” explains Dani Golan, Founder and CEO of Silk. “Application modernization is a major investment and Silk helps SimCorp maximize the return on that investment.”
vimeo.com/809795309
#saas #cloud #datavirtualization #azure #MicrosoftAzure #performance #data #bigdata #innovation #technology #virtualization
eToro raised $250 million. Among participants of the round, which valued the company at $3.5 billion, included SoftBank Vision Fund 2, ION Group and Velvet Sea Ventures.
eToro Hooks $250M After SPAC Deal Fails
news.crunchbase.com
It looks like companies are still grappling with the frozen IPO market and dwindling valuations.
Democratizing and leveraging data for the future: Interview with Amir Orad, CEO of Sisense
Democratizing and leveraging data for the future: Interview with Amir Orad, CEO of Sisense
www.techrepublic.com
In this interview with Sisense CEO, Amir Orad, learn about how data democratization and innovation matter to the future of the workplace.
DataRobot CTO Michael Schmidt on Democratizing AI
DataRobot CTO Michael Schmidt on Democratizing AI | eWEEK
www.eweek.com
The DataRobot executive discusses new developments that are supporting greater success for AI in the enterprise.