AI-Related Risks Rising for Software, Media, and Services Corporates: Fitch Ratings

Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption risk while overinvestment risk remains largely confined to hyperscalers and select cloud providers, according to a new Fitch Ratings report. Asset-light businesses where value is driven by intangibles such as software, IP, brands […]

Sri Lanka new rulers to build housing scheme for media personal

May 26, 2015 (LBO) – Sri Lanka’s government plans to build 1500 houses for media personal in an identified land in Homagama, Sri Lanka, a minister said today.The identified, 100 acre land belongs to the Sri Lanka broadcasting cooperation and being acquired by the Media ministry for the housing project.However, Media Minister, Gayantha Karunathilake said […]