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Kuaishou earnings fall as AI and creator costs rise

Kuaishou Technology's earnings fell by the most in five years, Bloomberg reported. The supplied summary attributes the decline to higher revenue-sharing payouts to creators and says artificial-intelligence outlays drove spending up by more than a third. It does not provide the earnings period, absolute profit figure or specific AI investments.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Products Policy
Products Policy

Boeing awarded US$20-billion Navy fighter development contract

Boeing has been awarded a US$20-billion US Navy contract to develop the F/A-XX sixth-generation fighter, New Atlas reports. Boeing beat rival Northrop Grumman for the contract. The Navy needs a multirole aircraft that can operate...

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Products

Valley National agrees to buy Bluevine for $340M

Valley National Bancorp has agreed to acquire New Jersey-based Bluevine for $340M, CTech reports. Bluevine provides digital banking and payments services to 175K small and medium-sized businesses in the US. The acquisition would ...

Security AI
Security AI

Proofpoint links TA419 phishing campaigns to US AI policy targets

Proofpoint has attributed credential phishing campaigns against U.S. AI experts at think tanks, universities and legal organizations to TA419, a group it describes as China-aligned and motivated by espionage. Its analysis describe...

Security
Security

FortiMail flaw faces active exploitation while fixes remain unavailable

Fortinet says attackers are exploiting CVE-2026-104286 in FortiMail, with no fixed build yet available across affected release branches. The vulnerability lets an attacker without authentication send crafted HTTP or HTTPS requests...