Wednesday, May 21, 2025

UK retailer M&S says it expects a £300M profit hit from an April cyberattack and disruption to continue until July 2025; M&S' market cap has falled by ~£750M (Laura Onita/Financial Times)

Laura Onita / Financial Times:
UK retailer M&S says it expects a £300M profit hit from an April cyberattack and disruption to continue until July 2025; M&S' market cap has falled by ~£750M  —  UK retailer's operations face ongoing disruption from April hack  —  Roula Khalaf, Editor of the FT …



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...