latest news in companies
Cisco Projects AI Network Sales to Double After Record Quarter
San Jose, Thursday, 12 November 2026.
Cisco surpassed quarterly forecasts as accelerating data center demand prompted leadership to project $9 billion in artificial intelligence sales this fiscal year, more than doubling previous annual benchmarks.
Horizon Kinetics Approves Twenty-Five Million Dollar Buyback Despite Quarterly Investment Loss
New York, Thursday, 12 November 2026.
Despite posting an $18.4 million third-quarter loss from falling investment values, Horizon Kinetics demonstrated financial confidence by authorizing a $25 million share repurchase program backed by resilient management fees.
Meta Stock Surge Propels Mark Zuckerberg's Fortune Beyond 225 Billion Dollars
Menlo Park, Thursday, 12 November 2026.
Mark Zuckerberg’s fortune jumped past $225 billion this week, fueled by a single-day $10.7 billion surge as investor enthusiasm grows over Meta’s internal integration of artificial intelligence tools.
Weak Database Passwords Leave Corporate Systems Vulnerable to Costly Takeovers
Sunnyvale, Thursday, 12 November 2026.
Attackers are guessing simple administrator passwords to hijack corporate databases, deploying hidden cryptocurrency miners and surveillance tools while masking their continuous activity behind fake system update routines.
Alphabet Unveils Faster, Cheaper Artificial Intelligence Model to Boost Everyday Efficiency
Mountain View, Thursday, 12 November 2026.
Alphabet launched Gemini 4 Hydrogen, delivering tasks 2.5 times faster than its predecessor to sharply cut computing costs and expand accessible, high-speed automated tools for mass-market users.
OpenAI Generates Ten Billion Dollars in Revenue but Operating Deficits Widen
San Francisco, Thursday, 12 November 2026.
OpenAI surged to $10 billion in quarterly revenue, yet soaring computing costs expanded its operating deficit to $10.9 billion, proving that rapid scale still outpaces profitability.