Corporate/Industrial News

Advertising holding company Omnicom Group Inc. sounded bullish on the future of generative artificial intelligence—which can be used to create new content, including text or images—as it…

Roughly one year ago, a handful of crypto heavyweights made swaggering debuts on the Super Bowl ad roster, airing costly commercials with messages like “Don’t miss out” (FTX) and “Fortune favors the brave” (Crypto.com). Then came the swoon…

The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers in other positions and sectors as companies slow spending. The…

Sports merchandise retailer Fanatics Inc. will enter the nascent business of live-streamed shopping in the U.S. with a new unit that is set to launch in the second half of this year, the company said.…

At a small gallery tucked behind the cavernous atrium at the Museum of Modern Art in Midtown Manhattan on a recent day, visitors lingered before a sprawling work, a series of dots, lines and diagrams in a seemingly abstract design against a…

Businesses hope the artificial-intelligence technology behind ChatGPT can turn ordinary chatbots into impressive fonts of information, potentially transforming customer service. But many executives said they are proceeding with caution,…

Companies worldwide made deep cuts in enterprise technology spending last year, with tighter information-technology budgets likely to stretch well into the year ahead.Global IT spending contracted 0.2% in 2022, dropping to $4.38 trillion—a…

Airlines should take advantage of new cloud-based tools, industry consultants said, to help prevent the recent snafus brought on by the use of antiquated and siloed technology at Southwest Airlines Co. and the Federal Aviation…

Sam Bankman-Fried said cryptocurrency exchange FTX had a closer relationship than previously disclosed with its bankruptcy law firm Sullivan & Cromwell LLP, adding to questions…

Deep-sea mining for battery materials has gained significant interest over the past year, but 2023 is set to be a key turning point—both for the practice itself and the companies that are leading the campaign to exploit the ocean…