Author: Reuters

PASADENA, Calif., January 28, 2025–OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced the promotion of Tyler Romasco to SVP, Global Publisher Development, from VP, US Publisher Development. The expansion of Romasco’s role strengthens OpenX’s global publisher focus and expertise in helping publishers monetize their content.Read More

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“The narrative on Monday was that the eye-watering sums spent on AI capex by mega-cap tech companies could be somewhat obsolete if a cheaper solution exists,” analysts at BCA Research said in a note. Power companies, which are expected to see a surge in demand from energy-intensive data centers needed to develop AI technology, were broadly higher after tumbling a day earlier. The tech-heavy Nasdaq dropped more than 3% on Monday, its worst single-day showing in more than a month, while the benchmark S&P 500 fell close to 1.5%.Read More

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(Bloomberg) — Several measures of stock market health suggest that Monday’s sudden slump was in fact mostly an isolated hit to the world’s biggest technology firms and AI-related shares.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’What Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresThe NRead More

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