The Cambridge-based software developer cuts spending amid falling sales

The Cambridge-based software developer cuts spending amid falling sales

The deteriorating economy and stronger US dollar hit Cambridge software developer Pegasystems, which posted a surprise second-quarter revenue decline and said it would miss its previous guidance for 2022. The company said it will reduce its spending by $100 million as a result – but without layoffs. Revenue fell 16 percent to $274 million, more … Read more

Joe Lacob admits Warriors spending isn’t sitting well with NBA teams

Joe Lacob admits Warriors spending isn’t sitting well with NBA teams

The Warriors have not been shy about spending money to maintain the roster that has won four NBA titles in the last eight seasons. Putting money into the roster has been one of the main calling cards for Warriors owners Joe Lacob and Peter Guber since they bought the franchise in 2010. But to field … Read more

Joe Lacob admits Warriors spending isn’t sitting well with NBA teams

Joe Lacob admits Warriors spending isn’t sitting well with NBA teams

The Warriors have not been shy about spending money to maintain the roster that has won four NBA titles in the last eight seasons. Putting money into the roster has been one of the main calling cards for Warriors owners Joe Lacob and Peter Guber since they bought the franchise in 2010. But to field … Read more

Increasing spending on robotic automation fuels growth

Increasing spending on robotic automation fuels growth

company logo Global robotic software platform market Global robotic software platform market DUBLIN, July 8, 2022 (GLOBE NEWSWIRE) — Added the Robotic Software Platforms – Global Market Trajectory & Analytics report ResearchAndMarkets.com Offer. The global robotic software platform market is projected to reach $11.3 billion by 2026Robotic software represents a system enabled by artificial intelligence … Read more

Regulators Question Entergy Spending, Ask For Help Paying For Storm Recovery Costs | state policy

Regulators Question Entergy Spending, Ask For Help Paying For Storm Recovery Costs |  state policy

Shocked to learn that while typical utility bills are about to rise by $20 a month and Entergy’s top executive got a $1 million raise and spent on Colorado’s Hurricane Ida, state regulators on Wednesday floated the notion that the owners of the state’s largest company should pay some of the cost of restoring the … Read more