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MGM Says Computer Hack Will Cost It $100M in Lost Profit

MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chief Security Officer Jaya Baloo joins Caroline Hyde on “Bloomberg Technology” to discuss the state of the cybersecurity industry and what companies should do to better protect themselves. ——– Like this…

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MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chief Security Officer Jaya Baloo joins Caroline Hyde on “Bloomberg Technology” to discuss the state of the cybersecurity industry and what companies should do to better protect themselves.
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1 Comment

1 Comment

  1. Wayne

    October 6, 2023 at 8:45 pm

    They already tightened up every machine through the valley bc they own the valley. I’m sure this is already forgotten.

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Bloomberg Technology

Magnificent Seven Momentum and GameStop’s AGM | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down the Magnificent Seven’s rally and pushes ahead to GameStop’s AGM as CEO Ryan Cohen gears up to deliver remarks. Plus, a look at the summer box office as Inside Out 2 rakes in over $150 million over the weekend. 04:42 Verdence Capital Advisors CIO Megan Horneman 28:29 Hugging Face CEO…

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Bloomberg’s Caroline Hyde breaks down the Magnificent Seven’s rally and pushes ahead to GameStop’s AGM as CEO Ryan Cohen gears up to deliver remarks. Plus, a look at the summer box office as Inside Out 2 rakes in over $150 million over the weekend.

04:42 Verdence Capital Advisors CIO Megan Horneman
28:29 Hugging Face CEO Clem Delangue
34:46 FPV Ventures Co-Founder Wesley Chan
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Hugging Face CEO on M&A in AI, Argilla Acquisition

A growing number of AI startup founders are looking to sell their companies, according to Hugging Face CEO Clem Delangue, in a possible sign of consolidation coming to the artificial intelligence market. He joins Caroline Hyde to discuss the company’s latest acquisition and the state of the AI space on “Bloomberg Technology.” ——– Like this…

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A growing number of AI startup founders are looking to sell their companies, according to Hugging Face CEO Clem Delangue, in a possible sign of consolidation coming to the artificial intelligence market. He joins Caroline Hyde to discuss the company’s latest acquisition and the state of the AI space on “Bloomberg Technology.”
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Google DeepMind Shifts From Research Lab to AI Product Factory

Last year, facing pressure to keep pace with OpenAI and other competitors, Google combined its two AI labs to develop a super-unit which would develop commercial AI products. One year in, several employees are saying this move has been undermining the company’s long-running strength in foundational research. Bloomberg’s Mark Bergen joins Caroline Hyde on “Bloomberg…

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Last year, facing pressure to keep pace with OpenAI and other competitors, Google combined its two AI labs to develop a super-unit which would develop commercial AI products. One year in, several employees are saying this move has been undermining the company’s long-running strength in foundational research. Bloomberg’s Mark Bergen joins Caroline Hyde on “Bloomberg Technology.”
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