Swedish audio streaming giant
Compass has published six-month results showing revenue up 9% at constant currencies, reaching $25 billion, with operating profit rising 12%. The group highlights new contracts worth $4.1 billion and says AI-enabled services are driving client demand for outsourced catering amid regulatory and data-driven needs.
The Swedish government has has introduced a back-to-books policy to reduce screen time in schools and preschools, aiming to improve reading skills. A Nordic-wide shift is mirrored by moves in Denmark and Finland, with broader concerns about digital reliance. Critics warn about potential impacts on digital skills; supporters praise reduced distractions.
A wave of AI-driven restructuring is redefining how companies run global operations. Opendoor is moving operational work back to the U.S., signaling a broader shift toward leaner, AI-enabled workflows that compress offshore back offices and emphasize Services-as-Software. The changes echo across tech and outsourcing sectors as companies recalibrate headcount, partnerships, and location strategies.
A wave of AI-enabled tools is reshaping publishing, note-taking, and defense sectors. Beehiiv and Substack roll out chat-assisted publishing; Plaud ships AI-powered notetaking hardware; Mode Inc expands via acquisitions to crowdsource data labeling; Mach Industries pursues multiple weapons programs to boost U.S. defense capabilities.
Nine Entertainment has moved Karl Stefanovic from Today and will terminate his network contract immediately, after a contentious interview on his independent podcast with far-right activist Tommy Robinson. Stefanovic says he is now free to pursue independent projects as Nine faces a tense period while navigation a new media strategy.