Summary: IBM has been working on AI since the 1950s and is now primarily focused on AI and cloud computing, which are massive markets. There is a question of whether investing in IBM as a long-term investment makes sense.
Full articleSummary: Salesforce A/NZ experienced a significant increase in revenue for the financial year, with a rise of 20.6% year-on-year to $1.66 billion. Australia saw revenue grow by 18.6% to $1.43 billion, while New Zealand operations contributed $230.7 million, a rise of 34%.
Full articleSummary: Microsoft enhances Entra ID platform with FIDO2-standard provisioning APIs for MFA using hardware security keys like YubiKeys, addressing security gaps for diverse entities and government agencies.
Full articleSummary: McDonald's to launch 'Collector’s Meal' with six collectible cups featuring classic meals and nostalgic designs from iconic franchises. Cups are made of reusable, shatter-resistant Tritan plastic with hidden years from 1976 to 2014. Customers can enjoy augmented reality features through Snapchat for interactive experiences.
Full articleSummary: The Ford Amphitheater in Colorado Springs held a private, soft opening event with musical acts and speakers, ahead of their sold out opening weekend with One Republic. Attendees expressed satisfaction with the venue's look, music quality, and stunning backdrop of the Front Range. Concerns remain about parking logistics and sound impact on surrounding neighbors.
Full articleSummary: Red Hat has filed a complaint against VirtaMove Corp. for allegedly violating patents related to open-source technologies used by industry giants like IBM, Hewlett Packard Enterprise, Google, and Amazon.com Services.
Full articleSummary: Starbucks announced below-expectation Q2 results, leading to a reduction in its full-year guidance for 2024. The company blamed the shortfall on the impact of a more cautious consumer.
Full articleSummary: Medtronic's InterStim therapy, a new device for fecal incontinence, delivers electrical pulses to the sacral nerve to stimulate nerves and muscles controlling bowel movements, already used for urinary incontinence and retention.
Full articleSummary: GE Aerospace and the Polish Ministry of National Defense finalized an agreement for offset commitments supporting the acquisition of Boeing AH-64E Apache Guardian helicopters powered by T700 engines, involving Military Aviation Works in Dęblin and Military University of Technology in Warsaw. The agreement will sustain jobs in Poland, provide new areas of engine maintenance, repair, and overhaul technology, and ensure engine depot and training capabilities in-country.
Full articleSummary: JPMorgan Chase & Co. raises the likelihood of US economy tipping into a recession by the end of this year to 35% from 25% as of last month. The economists cite signs of weakening labor demand and early labor shedding.
Full articleSummary: Chevron Australia Downstream (CAD) has an opening for a StarCard Growth and Retention Specialist based in Brisbane. The role involves managing existing StarCard customers, developing management tools, and ensuring profitable proposals.
Full articleSummary: Disney announced price hikes for Disney+, Hulu, and ESPN+. The new prices will come into effect in mid-October with increases ranging from $1 to $2 per month. In addition, new features will be added to Disney+ offerings.
Full articleSummary: Migrant day laborers have sued Home Depot, the Chicago Police Department, and the city of Chicago for alleged ethnically motivated harassment and assault by off-duty police officers and store employees. The plaintiffs are seeking monetary damages for alleged violations of their civil rights.
Full articleSummary: NASA is collaborating with Elon Musk’s SpaceX on a contingency plan to bring back astronauts from space in case they can't return on Boeing Co.'s craft.
Full articleSummary: Nike introduces the Air Foamposite One Psychic Blue, a vibrant addition to the Foamposite line featuring iridescent hues and modern design elements.
Full articleSummary: Google lost a major antitrust lawsuit highlighting the enduring relevance of century-old laws in modern times.
Full articleSummary: McDonald's will introduce six collectible cups starting August 13, featuring iconic brands such as Barbie & Hot Wheels, Beanie Babies, Coca-Cola, Hello Kitty & Peanuts, Shrek, Jurassic Park & Minions, and McDonald's.
Full articleSummary: Nike celebrates Kevin Durant's new USA Basketball scoring record with billboards referencing the tagline from its 'Winning Isn't For Everyone' campaign.
Full articleSummary: Meta (formerly Facebook) is in talks to license its Horizon VR software to Indian tech giant Jio, potentially expanding its VR experiences to the Indian market and tapping into a huge user base. The deal could play a significant role in Meta's metaverse ambitions and future growth.
Full articleSummary: Caterpillar Inc. saw its shares rise by 4.5% despite a mixed earnings report, highlighting its ability to navigate challenging market conditions through strategic pricing
Full articleSummary: Starbucks is offering half-off on handcrafted beverages for Starbucks Rewards members at select locations in Fairfax City on Friday afternoon. Customers must join Starbucks Rewards by 3 p.m. on Thursday to be eligible.
Full articleSummary: Meta shut down Ready at Dawn as part of budgetary restrictions for its Reality Labs division, hinting at Better long-term impact in the VR space. Ready at Dawn hadn't released a new VR experience since 2021, possibly contributing to the closure.
Full articleSummary: Disney reported strong Q3 earnings with revenue and EPS beating expectations, its streaming business turning profitable, and a boost in ESPN revenue. The company expects adjusted EPS to grow by 30% in fiscal 2024.
Full articleSummary: Oracle Enterprise Manager 13.5.0.23 release brings new management packs for advanced monitoring of engineered systems, Exascale monitoring, and enhanced integration with OCI Ops Insights. The update includes Gold Images migration with Fleet Maintenance, new CIS Compliance 1.2.0 standards, support for ADBs with ECPU model, and improvements to REST APIs and EM CLI.
Full articleSummary: Google introduced new ad budget features for Local Service Ads, allowing advertisers to set a maximum monthly ad spend limit for certain accounts, providing more control over spending to prevent unexpected budget overruns.
Full articleSummary: Tesla is recalling 1.68 million cars in China for a remote software upgrade to address trunk latch issue. The recall affects imported Model S and Model X vehicles and domestically made Model 3 and Model Y cars.
Full articleSummary: Three Denver Police officers fired for sending derogatory messages in a group chat, others will undergo further training on equity, diversity, and inclusivity.
Full article