Booking Holdings takes $900 million hit to quarterly revenue linked to FTC action

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• Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

  The San Francisco-based venture capital firm is expanding its capital pool to capture surging investor interest in threat defense as automated digital attacks accelerate. Established by veteran tech executives, the group is leveraging past successful exits to institutional buyers to support early-stage security startups. This targeted capital push aligns with a broader market shift where the vast majority of cybersecurity deals now center on artificial intelligence.

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• Booking Holdings takes $900 million hit to quarterly revenue linked to FTC action

  Federal regulators targeted deceptive hotel advertising tied to subsidiary Priceline's partnership with third-party website Guest Reservations. The scrutiny compelled the Norwalk, Connecticut-based online travel company to absorb financial charges over disputed billing practices, fees, and customer disclosures. Consequently, the firm saw its after-hours shares slide despite managing an improvement in its quarterly per-share profits.

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• AMD reports Q3 revenue up 45% YoY to $13.38B, vs. $13.09B est., Data Center revenue up 97% to $8.5B, forecasts Q4 revenue above est.; AMD jumps 7%+ after hours (Katie Tarasov/CNBC)

  The chipmaker's latest financial results demonstrate surging enterprise demand, powered primarily by an explosive doubling in its core server division. This outperformance alongside an upbeat forward guidance reassured investors about the company's competitive positioning and sustained momentum. Consequently, the upbeat quarterly release triggered an immediate positive rally for the stock in extended market sessions.

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