Summary: Microsoft is enhancing Teams' iOS and Android apps for frontline workers by adding new augmented reality tools like Spatial Annotations for real-time collaboration and task display. This feature, previously available only in a standalone app or HoloLens 2, can now be accessed directly from the Teams mobile app. General availability is expected later in 2024.
Full articleSummary: Booking.com releases new research revealing consumer attitudes towards sustainable travel in Canada, with insights showing varying levels of importance placed on sustainability and climate change concerns among Canadian travellers.
Full articleSummary: U.S. stocks traded higher this morning with Dow Jones gaining over 100 points. Moolec Science SA, NewGenIvf Group Limited, and SuperCom Ltd were top gainers, while Vaxxinity, Hepion Pharmaceuticals, and Connexa Sports Technologies Inc. faced losses. In commodity news, oil traded down 0.1% to $83.07 while gold traded down 2.4% at $2,356.80.
Full articleSummary: Bank of America remains bullish on Apple despite recent stock weakness and market correction, citing strong catalysts for the tech giant in 2024.
Full articleSummary: Financial institutions are rapidly incorporating AI technology into their business practices, with top banks like JPMorgan leading in AI adoption. Shareholders are responding positively to banks' implementation of AI, with top-ranking banks experiencing significant increases in share prices.
Full articleSummary: Microsoft leveraged Azure HPC service and AI to streamline the Surface laptop design process, reducing the hinge iteration to just one and significantly cutting down simulation times from days to hours.
Full articleSummary: Apple has made a successful transition to developing its own chips for its products, moving away from dependence on companies like Motorola and Intel. The shift to Apple Silicon chips has provided significant performance boosts and energy efficiency for Apple's devices. The latest M1 Macs have been positively received by users, outperforming competitors like Intel and AMD. Apple is now gearing up for the release of the next generation M4 chips, expected to feature enhanced AI capabilities and improvements over the current M3 models.
Full articleSummary: Informatica Inc. denies engagement in takeover talks with Salesforce Inc. due to struggles in agreeing on terms, leading to a significant drop in Informatica's stock price while Salesforce's stock price rose.
Full articleSummary: Broadcom's critics reject changes to cloud licensing practices, claim price hikes and unfair terms not addressed.
Full articleSummary: IBM leveraged the power of artificial intelligence to support sustainable building operations with a project at The King Abdullah Financial District (KAFD) achieving LEED Platinum certification.
Full articleSummary: Costco food court pizza lovers are excited about the return of onions to the menu, with the possibility of customizing their slices. Some members are finding it challenging to locate chopped onions in stores, but a Reddit user provided a tip to ask food court workers for help.
Full articleSummary: Colgate-Palmolive (India) Ltd. stock slipped 0.11% in Monday's trade despite being an outperformer with a 72.14% gain in the past year. The stock's beta value is 0.52, indicating lower volatility compared to the broader market. Promoters hold 0.0% stake in the company.
Full articleSummary: Intel has announced the creation of Hala Point, a brain-inspired neuromorphic system for sustainable and efficient AI with 1152 Loihi 2 processors capable of handling real-time AI applications and complex computational tasks. It aims to reduce energy consumption and speed up data processing.
Full articleSummary: Intel has developed Hala Point, a brain-inspired neuromorphic system for efficient and sustainable AI, capable of supporting real-time applications and complex tasks by reducing energy consumption. Intel aims to address sustainability challenges of large AI models with Hala Point, building upon previous systems. The company has granted small-scale access to Intel Neuromorphic Research Community (INRC) members for feedback.
Full articleSummary: Western Wealth Management LLC reduced its stake in Emerson Electric Co., Other institutional investors have also modified their positions, Multiple analysts have upgraded Emerson Electric stock and Emerson Electric reported positive quarterly earnings and announced a dividend.
Full articleSummary: Google has released an artificial intelligence (AI) model called SEEDS that can generate accurate weather forecasts quickly and cheaply compared to traditional methods.
Full articleSummary: Colgate-Palmolive India has introduced a Workplace Inclusivity Policy for persons with disabilities, providing support and resources to foster an inclusive work environment.
Full articleSummary: FedEx, a subsidiary of FedEx Corp., reaffirms its commitment to sustainability by actively engaging in environmental community services such as trash collection, cleanups, recycling, and tree planting, including participating in tree planting campaigns and enhancing green spaces across the UAE.
Full articleSummary: Salesforce ended acquisition talks with Informatica after failing to agree on terms, Informatica's stock price declined while Salesforce's went up. Salesforce was considering purchasing Informatica at a mid-$30s per share price.
Full articleSummary: McDonald's has received approval for the development of a new drive-thru restaurant in Rossfield Park, Cheshire, creating approximately 120 jobs. The proposal includes a modern aesthetic design, 42 car parking spaces, 5 electric vehicle charging points, and 8 cycle parking spaces.
Full articleSummary: AI technology is gaining traction in the banking sector with major banks like Goldman Sachs, JPMorgan Chase, Bank of New York Mellon, Bank of America, BlackRock, and Charles Schwab investing heavily in it.
Full articleSummary: Memphis-based FedEx announced a $5 million per year NIL program for University of Memphis student-athletes, with a focus on football, men's and women's basketball, and additional women's sports.
Full articleSummary: Cognizant and Microsoft are expanding their partnership to transform enterprise business operations and accelerate innovation using Generative AI (Gen AI)
Full articleSummary: Goldman Sachs reiterates Amazon as buy, Morgan Stanley reiterates Nvidia as overweight, Morgan Stanley reiterates Spotify as overweight
Full articleSummary: The Kraft Heinz Company has been selected by the U.S. Department of Energy's Office of Clean Energy Demonstration to receive up to $170 million for clean energy projects at 10 of its U.S. plants, aimed at reducing emissions by 99% from 2022 levels and reaching net-zero emissions by 2050. This initiative is estimated to create 500 construction jobs and contribute to the circular economy.
Full articleSummary: Bank of Canada may lower interest rates, waiting for signals from US Federal Reserve. Expectations of a rate cut are high due to slowing core inflation.
Full articleSummary: Bank of Canada might lower interest rates due to slowing core inflation, with expectations of rate cut in July.
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