Mastodawn

ChatGPT sales are flat — so Altman offers OpenAI adult chat
[Full text: https://pivot-to-ai.com/2025/10/17/chatgpt-sales-are-flat-so-altman-offers-openai-adult-chat/]

OpenAI has been flat broke its whole existence. In late 2025, it’s even more flat broke than that. Sam’s been frantically lining up about a trillion dollars’ worth of deals. Well, deals to make a deal. In the first half of 2025, OpenAI had $4.3 billion in revenue! — with a net loss of $13.5 […]

#AIisGoingGreat #Companies

ChatGPT sales are flat — so Altman offers OpenAI adult chat

Pivot to AI

☮ ♥ ♬ 🧑‍💻10h ago

“The #UK #tech sector is cutting #graduate #jobs dramatically – down 46 percent in the past year, with another 53 percent drop projected, according to figures from the Institute of Student Employers (#ISE).

The culprit? #AI is already doing the entry-level work graduates used to perform like routine #coding, #DataAnalysis, and basic #digital tasks. #Companies still need tech #talent, but they're hiring experienced #workers instead of #training newcomers.”

#ZeroHourWork / #WhiteCollar <https://theregister.com/2025/10/16/uk_tech_grad_jobs/>

Tech industry grad hiring crashes 46% as bots do junior work

ai-pocalypse: GenAI meets Gen Z – only one gets the job

The Register

The Japan Times 17h ago

Marubeni is in talks to acquire Carlyle-backed TiAuto Investments, a South African retailer of auto parts, according to people with knowledge of the matter. https://www.japantimes.co.jp/business/2025/10/17/companies/marubeni-tiauto-talks/?utm_medium=Social&utm_source=mastodon #business #companies #tiauto #southafrica #cars #carmakers #marubeni #acquisitions

Marubeni in talks to acquire Carlyle-backed TiAuto

The deal for the South African retailer of automotive tires and parts may be valued at about 2.6 billion rand ($149 million).

The Japan Times

Politico.eu (Unofficial RSS)22h ago

French companies backtrack from joint deregulation call with Berlin https://www.politico.eu/article/french-companies-backtrack-from-joint-deregulation-call-with-berlin/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication #CompetitionandIndustrialPolicy #Greenhousegasemissions #Electricvehicles #Competitiveness #Sustainability #Sustainability #duediligence #Negotiations #Supplychains #Transparency #Competition #Humanrights #Investment #Parliament #Companies #Democracy #Emissions

French companies backtrack from joint deregulation call with Berlin

PARIS — Some signatories of a joint appeal by French and German business bosses to loosen merger rules and scrap environmental laws to promote European industrial “champions” have distanced themsel…

POLITICO

The Japan Times 1d ago

Kawasaki Heavy Industries is in talks to co-develop new engines for Germany's Taurus cruise missiles, another potentially significant step in Tokyo's retreat from decades of pacifism. https://www.japantimes.co.jp/business/2025/10/17/companies/kawasaki-missile-engines/?utm_medium=Social&utm_source=mastodon #business #companies #kawasakiheavy #defense #germany #missiles

Kawasaki in talks to develop Taurus missile engines

The involvement of a Japanese partner could complicate matters due to Tokyo's ban on transfers of weapons to countries in conflict.

The Japan Times

The Japan Times 1d ago

In disaster-prone Japan, Lawson is planning to prepare 100 stores nationwide that could serve as relief centers in the event of a calamity. https://www.japantimes.co.jp/business/2025/10/17/companies/lawson-disaster-relief-convenience-store/?utm_medium=Social&utm_source=mastodon #business #companies #lawson #earthquakes #nankaitrough #disasterpreparedness

Lawson looks to create network of 'disaster relief convenience stores'

It hopes to upgrade 100 stores nationwide so that they are able to serve as key community hubs in the event of a calamity.

The Japan Times

The Japan Times 1d ago

Ship equipment maker Mitsui E&S expects its profit momentum to surpass its full-year guidance on robust demand for engines and a successful pivot of its crane business toward the U.S. https://www.japantimes.co.jp/business/2025/10/17/companies/mitsui-es-profit-momentum/?utm_medium=Social&utm_source=mastodon #business #companies #mitsuies #shipbuilding #us #profits

Mitsui E&S bullish about full-year profits on engines and U.S. crane demand

The ship equipment maker expects profit momentum to surpass its guidance, Chief Financial Officer Taketsune Matsumura said.

The Japan Times

The Japan Times 1d ago

Nintendo has asked suppliers to produce as many as 25 million units of the Switch 2 by the end of March 2026, setting the company up for record first-year sales. https://www.japantimes.co.jp/business/2025/10/17/companies/nintendo-to-make-25-million-switch-2-units-by-march/?utm_medium=Social&utm_source=mastodon #business #companies #nintendo #videogames

Nintendo aims to make 25 million Switch 2 units by end of March

Nintendo’s future hinges on the $450 Switch 2 being a success, and the company more than doubled marketing spending around its June launch to ensure it gets off to a fast start.

The Japan Times

The Japan Times 1d ago

Rakuten Group priced a local bond at the year’s highest coupon of 4.691%, giving Japan’s credit market its clearest sign yet of how rising rates are impacting corporate borrowing costs. https://www.japantimes.co.jp/business/2025/10/17/companies/rakuten-bond-highest-coupon/?utm_medium=Social&utm_source=mastodon #business #companies #rakuten #bonds #softbank #daiwa

Japan gets highest-yielding yen bond this year with Rakuten deal

Japanese bond yields have climbed over concerns the next administration may pursue a more expansionary fiscal policy.

The Japan Times

The Japan Times 2d ago

Japan has requested that OpenAI seek approval in advance to prevent copyright infringement on its Sora 2 short-form video app, after a deluge of Japanese anime characters flooded the platform. https://www.japantimes.co.jp/business/2025/10/16/companies/japan-opt-in-model-sora2/?utm_medium=Social&utm_source=mastodon #business #companies #samaltman #openai #masaakitaira #minorukiuchi #ai #tech #sora2

Japan’s government asks OpenAI to seek permission amid Sora 2 copyright concerns

Sora 2 enables users to create realistic AI videos with text prompts, but critics say that there are insufficient guardrails.

The Japan Times