profit
Too Little, Too Late? Sony Music Fires Off Blanket Warning Against the AI Mining of Its Catalog
Too little, too late? Sony Music has fired off a blanket warning against the unauthorized training of AI systems on its song catalog and other IP. The overarching Sony Music Group today made that clear-cut announcement on behalf of Sony Music Entertainment (SME) as well as its various subsidiaries and Sony Music Publishing (SMP). Spanning
Pandora Hits Back at MLC Lawsuit Over Streaming Royalties: ‘Legally Incoherent’
Music
In a strongly-worded response, Pandora says the royalties group "thinks it knows better than the entire music publishing industry."
Illustration by Thiago Prudêncio/SOPA Images/LightRocket...
Huey Lewis Calls Musical Inspired by His Band’s Songs a ‘Creative Outlet’ After Losing His Hearing
Music
You may not think of Buddhist philosophy and Huey Lewis as the same time very often, but it works for him when considering...
Uber hits a profit milestone, Ford builds an EV skunksworks and Fisker fumbles
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This week was a busy one with
Gleeson profit halves
Profit has fallen sharply at MJ Gleeson amid continued pressure on the housing market. The housebuilder saw pre-tax profit fall to £7.2m in the six months to 31 December 2023, down from £16.1m in the same period in 2022. Its revenue fell from £171m in the second half of 2022 to £151.5m in the same
What is a Profit and Loss Statement?
If you buy something through our links, we may earn money from our affiliate partners. Learn more. “What is a profit and loss statement?” you might ask. As a business owner, understanding how effectively you’re generating profits is crucial. A Profit and Loss (P&L) statement is a key financial report that provides insights into your
Profit in Precision: Data-as-a-Service Strategies for Issuers
Issuers are urged to chart a course through the digital transformation strategically. The shift toward a tech- and data-driven business model is irreversible, demanding a nuanced approach that eschews hasty overhauls. As such, it becomes important to explore and understand the key considerations for leaders who wish to embrace the new fundamentals while maintaining a
Glencar profit jumps after ‘substantial investment’
Glencar has grown its profit despite a dip in turnover. The Hertfordshire-headquartered contractor posted a pre-tax profit of £3.4m for the 12 months to 30 September 2023, a quadrupling of the amount it earned the previous year, when it made under £800,000. The increase came despite the group’s revenue dropping from £417.8m to £400.6m –
John F Hunt revenue and profit soar
Demolition and civils specialist John F Hunt Group has posted a 44 per cent hike in turnover. The Essex-based firm this week revealed revenue of £157.1m for the 12 months to 31 March 2023. This was up from £108.8m in the previous year, while pre-tax profit soared by 72 per cent to £9.5m in the
Profit up at Byrne despite £1.9m Ilke Homes write-off
Byrne Group has posted an increase in pre-tax profit, despite being forced to write off £1.9m after the collapse of modular homebuilder Ilke Homes. Its profit rose 6 per cent to £6.8m, while turnover swelled from £153m to £191m, according to the group’s financial statement for the year to 30 June. Groundworks subsidiary O’Keefe Construction
AWS profit and revenue rises as enterprise demand for new cloud workloads bounces back
The CEO of Amazon Web Services says cost optimisation remains important for customers, but the number looking to run new workloads in the cloud is on the rise By Caroline Donnelly, Senior Editor, UK Published: 27 Oct 2023 12:22 Amazon Web Services (AWS) reported a 12% year-on-year uptick in its revenue growth during the third
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Too Little, Too Late? Sony Music Fires Off Blanket Warning Against the AI Mining of Its Catalog
Too little, too late? Sony Music has fired off a blanket warning against the unauthorized training of AI systems on its song catalog and other IP. The overarching Sony Music Group today made that clear-cut announcement on behalf of Sony Music Entertainment (SME) as well as its various subsidiaries and Sony Music Publishing (SMP). Spanning
Business News
Pandora Hits Back at MLC Lawsuit Over Streaming Royalties: ‘Legally Incoherent’
Music
In a strongly-worded response, Pandora says the royalties...
Business News
Huey Lewis Calls Musical Inspired by His Band’s Songs a ‘Creative Outlet’ After Losing His Hearing
Music
You may not think of Buddhist philosophy and...