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Led by a strong fourth quarter in which revenue rose 15%, total sales at HarperCollins increased 6% in the fiscal year ended June 30, to $2.29 billion. Profits, however, fell 3%, to $287 million.

Canva announced on Wednesday the dual acquisition of Simtheory, an AI collaboration and agent management platform, and Ortto, a customer data and marketing automation company. The financial terms of the deals were not disclosed. Canva says the acquisitions are part of its continued investment in AI and marketing infrastructure. 

Index Ventures has raised $2bn in fresh capital, giving one of Europe's best-known VC firms a total of $3.5bn to deploy as it bets on AI creating the next generation of global technology companies. The firm announced on Friday that it had closed a new $400m seed fund, a $900m venture fund and a…

Australia Cracks Down on Big Four Accounting Firms to Restore Trust Australia plans to tighten regulations on the Big Four accounting firms following governance scandals, including KPMG's misuse of confidential data. The government has tasked ASIC to enhance auditing oversight, consider breakin…

Add The Wire As Your Trusted Source For the best experience, openhttps://m.thewire.inon your mobile browser. Minister of Petroleum and Natural Gas Hardeep Singh Puri launches E85 fuel, in New Delhi. @HardeepSPuri/X via PTI Photo New Delhi: Union petroleum minister Hardeep Puri said on Friday (July 3…

Salesforce, Inc. (NYSE:CRM) has fallen more than 10% over the past month following a 14-day losing streak triggered by AI-driven fear regarding potential disruption of traditional SaaS models. Regardless, analysts expect more than 52% upside from the current level, making Salesforce one of the Top L…

Law Supreme Court strikes down limits on political party spending The U.S. Supreme Court Chip Somodevilla/Getty Images toggle caption Chip Somodevilla/Getty Images The Supreme Court yet again loosened campaign finance restrictions on Tuesday by striking down limits on how much political parties may …

Deal pricing and availability subject to change after time of publication. TL;DR: Get more done this summer and beyond with a lifetime license to Microsoft Office 2024 Professional Plus, on sale now for $54.99 (reg. $249.99). $54.99$249.99Save $195 When a piña colada poolside is calling, and it’s…

A month has gone by since the last earnings report for Salesforce (CRM). Shares have lost about 14.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Salesforce due for a breakout? Before we dive into how inv…

Recent data shows that marketing hiring at 12 major tech companies has dropped more than engineering hiring. Marketing roles have decreased by 36%, while engineering roles have only declined by 11% in the same timeframe. The data is from SignalFire’s State of Talent Report. It compares big tech co…