Summary: Antitrust trial between Alphabet's Google and Department of Justice begins, targeting Google's advertising technology businesses.
Full articleSummary: Medtronic devices staying on market but warning about potential issue with nerve stimulation.
Full articleSummary: Medtronic promotes Linnea Burman to president of the neurovascular business, focused on stroke treatment
Full articleSummary: Medtronic is expected to report fourth-quarter earnings to indicate if it can sustain mid-single-digit growth, with a focus on segments like cardiovascular and diabetes. Wall Street analysts believe the company's success will be influenced by its rivals' financials and market dynamics.
Full articleSummary: The rise of AI and its increasing energy consumption is bringing the intersection of AI and energy into focus, posing challenges and opportunities for decarbonization efforts. Tech companies and energy providers are investing in AI-driven solutions to optimize operations and enhance sustainability. The automation era in the energy sector is rapidly evolving with AI projected to drive significant growth. Top energy giants like Exxon Mobil, ABB, Schneider Electric, BP, and Shell are leveraging AI to improve operational efficiency, asset management, and customer engagement.
Full articleSummary: Medtronic plc's HealthCast™ intelligent patient monitoring wins the 8th annual MedTech Breakthrough Awards for 'Best New Technology Solution - Monitoring'. This portfolio of remote monitoring solutions helps streamline clinical workflow and improve patient outcomes by providing actionable insights to clinicians.
Full articleSummary: MedTech Breakthrough awards Medtronic plc for the 'Best New Monitoring Technology Solution'. The award recognizes Medtronic HealthCast™ intelligent patient monitoring portfolio for its breakthrough innovation and impact on clinical workflow and patient outcomes.
Full articleSummary: Intel has issued a statement advising consumers not to use 'Intel Baseline' BIOS profiles offered by motherboard vendors and instead opt for 'Intel Default Settings' to address instability issues with 13th and 14th Gen Core series processors.
Full articleSummary: Apple has announced the next-generation M-series chip, the M4, which promises class-leading performance and power efficiency, with a special focus on machine learning/AI performance. The M4 will be launched alongside Apple’s newest iPad Pro tablets. The M4 features new CPU complex, improved GPU with ray tracing, and enhanced NPU with 38 TOPS of performance.
Full articleSummary: Medtronic has received approval for its renal denervation system from China's NMPA, positioning them to target the large population in China with high blood pressure. The company expects modest sales initially but faces competition from Chinese companies developing rival systems.
Full articleSummary: 2 analysts have expressed bullish sentiments on DTE Energy (DTE) and Northwestern (NWE) in the Utilities sector. DTE Energy received reiterated Buy rating and positive price target estimates from Bank of America Securities and Barclays. Northwestern maintained a Buy rating from Wells Fargo with an optimistic price target.
Full articleSummary: Medtronic plans to lay off 44 employees at a facility in Carlsbad, California and restructure certain operations at the same site. This is part of a trend of job eliminations in the medical device industry since early 2023.
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