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Apples Ambitious 2024 Plan New iPads, AirPods, and Tech Innovations Await

Apple is set to update its entire iPad lineup in 2024, including the iPad Pro, iPad Air, iPad mini, and the baseline iPad series. Lowerend and midrang

Apple is set to update its entire iPad lineup in 2024, including the iPad Pro, iPad Air, iPad mini, and the baseline iPad series. Lowerend and midrange iPads may receive updates in March 2024, while the 11inch and 13inch iPad Pro models are expected in the first half of the year. New AirPods will likely launch next year, while an updated Pro model is planned for 2025. According to Mark Gurman, the iPad Pro models will feature OLED displays and the M3 chipset, the iPad Air will have the M2 chip, and the iPad mini will come with the A16 Bionic chip. This marks the first year without a new iPad launch since the devices debut in 2010. Read More..

B2B Tech News | 2 years ago          

Googles Gboard for Android Enhances Productivity with Scan Text Functionality

Google is developing a Scan Text feature for Gboard on Android, similar to Google Lens, which recognizes text in photos using Optical Character Recogn

Google is developing a Scan Text feature for Gboard on Android, similar to Google Lens, which recognizes text in photos using Optical Character Recognition OCR. Users can extract text from images using the devices camera and paste it anywhere. Its accessible through Gboards Translate and Proofread options, requires camera access, and highlights detected text for insertion. The OCR accuracy is on par with Google Lens. This feature is in Gboard for Android 13.6 beta, with no official release date. Google has recently introduced various Gboard features, including keyboard resizing and a split keyboard interface. Read More..

B2B Tech News | 2 years ago          

South Koreas ShortSelling Ban Paving the Path to Fair Play

To provide a "level playing field" for institutional and ordinary investors, South Korea will reintroduce the restriction on short sales of shares, wh

To provide a "level playing field" for institutional and ordinary investors, South Korea will reintroduce the restriction on short sales of shares, which will last until at least June 2024. For the majority of equities, the prohibition remained in effect until May 2021, when it was lifted for shares of businesses with significant market capitalization in the KOSPI200 and KOSDAQ150 indexes. The action is meant to combat unethical trading practices and perceived disparities between institutional and individual investors. In June, the prohibition will be reevaluated to determine whether or not enough progress has been made to justify lifting it. In addition, South Korea is looking into the practices of naked shortselling and other aspects of shortselling by international investment banks. Read More..

B2B Tech News | 2 years ago          

Berkshire Hathaways Resilience Profits Soar Despite Losses

Berkshire Hathaway, led by Warren Buffett, reported a net loss of $12.77 billion in the third quarter, up from $2.8 billion the previous year. This lo

Berkshire Hathaway, led by Warren Buffett, reported a net loss of $12.77 billion in the third quarter, up from $2.8 billion the previous year. This loss was primarily attributed to a decline in stock prices, including holdings in Apple. However, the company achieved a record operating profit of $10.76 billion, a 41% increase, thanks to robust performance in its insurance business and higher yields from U.S. Treasury bills due to rising interest rates. The Geico auto insurance and reinsurance units benefited from fewer car accidents and a calm hurricane season. Berkshire now holds a record $157.2 billion in cash, positioning it for potential significant acquisitions as stock repurchases slowed to $1.1 billion, and the company sold $5.3 billion more stocks than it purchased. Read More..

B2B Tech News | 2 years ago          

Itochus Profit Decline Linked to Resource Price Drop

Itochu, a Japanese trading company, reported a 14.5% decrease in net profit for the first half of 2023. The company attributed this reduction mainly t

Itochu, a Japanese trading company, reported a 14.5% decrease in net profit for the first half of 2023. The company attributed this reduction mainly to decreased pricing for iron ore and coal. For the entire fiscal year that ends in March 2024, the business has updated its profit prediction, raising it by JPY 20 billion $169 million to JPY 800 billion $6.8 billion. This change stems from anticipated improvements in nonresource business development and a depreciating value of the yen. Itochu also disclosed a JPY 75 billion $636 million share repurchase programme in addition to the revision of the earnings expectation. Read More..

B2B Tech News | 2 years ago          

Westpac Thrives with 25% Profit Boost

Australian bank Westpac has announced a 25% rise in yearly earnings, offsetting a decline in mortgage lending profits with corporate lending and oneti

Australian bank Westpac has announced a 25% rise in yearly earnings, offsetting a decline in mortgage lending profits with corporate lending and onetime advantages. Its consumer sector, which accounts for about 25% of all mortgages in Australia, experienced a 7% drop in earnings. But profit growth was also seen in the banks smaller commercial and institutional groups, and it also benefited from lower onetime charges, like losses on asset sales. Profits for Westpac as a whole rose to AUD 7.2 billion $4.7 billion. The bank has increased the value of its shares and intends to repurchase AUD 1.5 billion of stock. Read More..

B2B Tech News | 2 years ago          

Cybersecurity Alert Infosys U.S. Unit Hit by Disruption

The American branch of the Indian IT services company Infosys McCamish Systems reported that it experienced a cyber security breach that rendered seve

The American branch of the Indian IT services company Infosys McCamish Systems reported that it experienced a cyber security breach that rendered several of its systems and apps inoperable. In order to address the problem, Infosys is collaborating with a cybersecurity firm, and it has initiated an inquiry to ascertain any possible effects on its data and systems. Regarding the nature of the cyber incident and any data breaches, the corporation has not released any additional information. This incident brings attention to the persistent cyberthreats that affect businesses worldwide and the requirement for strong cybersecurity defences. Read More..

B2B Tech News | 2 years ago          

China Extends Warm Welcome to Microns Market Presence

After meeting with Sanjay Mehrotra, the president and CEO of Micron Technology Inc., Wang Wentao, Chinas commerce minister, expressed gratitude for th

After meeting with Sanjay Mehrotra, the president and CEO of Micron Technology Inc., Wang Wentao, Chinas commerce minister, expressed gratitude for the companys increased presence in the Chinese market. Wang underlined Chinas readiness to enhance the atmosphere for foreign investment and offer service assurances to international businesses. The meetings upbeat atmosphere suggests that ties between China and the US are improving. This comes after China had previously taken the step to assess network security, which had an impact on Micron and led to Chinese operators of vital infrastructure being prohibited from making purchases from the large American memory chip manufacturer. The current defusing of hostilities coincides with ongoing efforts to set up a meeting between Chinese President Xi Jinping and U.S. President Joe Biden for later this month. Read More..

B2B Tech News | 2 years ago          



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