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Sarah J

@sarah

 · 

6 days

Product launch
Apple made several major product announcements at its "Glowtime" event on September 9, 2024:

iPhone 16 and iPhone 16 Pro

The new iPhone lineup features the A18 chip, improved cameras, and AI capabilities. The Pro models boast larger displays and an advanced camera system with Camera Control. Pre-orders start September 13, with in-store availability on September 20.

Apple Watch Series 10

This iteration is the thinnest Apple Watch yet, with the largest display. It introduces a sleep apnea detection feature (pending FDA approval) and c...

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Sarah J

@sarah

 · 

6 days

India
French multinational retail giant Carrefour, opens new tab is launching a franchise partnership with Dubai-based Apparel Group to establish its presence in India.

With a population of about 1.4 billion people, India is one of the world's largest food markets with the additional attraction of rising consumer spending power.



https://www.reuters.com/business/retail-consumer/carrefour-teams-up-with-dubais-apparel-group-expand-into-india-2024-09-09/

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Team S

@team

 · 

18 days

India
Fintech
Product launch
Mastercard Launches Payment Passkey Service in India

During the Global Fintech Fest in Mumbai, Mastercard unveiled its new Payment Passkey Service, aimed at enhancing online shopping security and convenience. This service is initially being piloted in India, collaborating with major payment players like Juspay, Razorpay, PayU, and banks such as Axis Bank. 


With online fraud cases in India rising nearly 300% over the past two years, the Payment Passkey Service seeks to address vulnerabilities associated with traditional one...

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Team S

@team

 · 

22 days

Startup
Sustainability
Meet the Futuristic Boat That’s Gobbling Up Ocean Plastic Like Pac-Man!

Clearbot, a Hong Kong-based marine technology startup, has developed an innovative solution to combat ocean pollution. The company has created autonomous, solar-powered boats designed to clean waterways by collecting floating debris.


The Clearbot Vessel

The Clearbot vessel is a 3-meter-long (10-foot-long) unmanned catamaran that operates in a manner similar to Pac-Man, consuming waste floating on the water's surface. Key features of the...

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Sarah J

@sarah

 · 

a month

Sustainability
Cleaning Up the Motagua River: 4ocean's Fight Against Plastic Pollution in Guatemala

The article from CNN discusses the efforts to clean up the Motagua River in Guatemala, one of Central America's most polluted rivers. The river contributes significantly to global ocean plastic pollution, with an estimated 40 million pounds of plastic waste entering the ocean annually. This accounts for approximately 2% of global plastic pollution in oceans.


The U.S.-based startup 4ocean, founded by Alex Schulze and Andrew Cooper, is actively working to address this issue. Th...

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Team S

@team

 · 

a month

M&A
Snacks
Mars buying Kellanova in $30 billion deal to expand reach into salty snack category

M&M’s maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts for nearly $30 billion, vastly expanding the number of household-name brands under one roof.

Kellanova was created last year when the Kellogg Co. split into three companies. Kellanova sells many of the former company’s most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has approximately 23,000 employ...

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Team S

@team

 · 

a month

Artificial Intelligence
Elon Musk's xAI Unveils Grok-2 in Competitive Push Against ChatGPT

xAI Launches Grok-2 AI Assistant: xAI, Elon Musk's artificial intelligence venture, has unveiled the Grok-2 and Grok-2 mini models, which are advanced versions of the Grok chatbot. These models are available to Premium and Premium+ subscribers on the X platform and offer new features such as image generation and improved chat, coding, and reasoning capabilities. Grok-2 is described as more intuitive and versatile than its predecessor, Grok-1.5, and is designed to excel in tas...

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Team S

@team

 · 

a month

Space
Corporate
Energy
BP and NASA Collaborate on Technology for Hostile Environments

BP has entered into a partnership with NASA to share technology and expertise developed for extreme environments, which could potentially be applied to future lunar and Martian missions. The collaboration aims to enhance BP's oil and gas extraction methods on Earth while contributing to NASA's efforts to establish a permanent base on the Moon and explore Mars.

The agreement will focus on developing standards that allow engineers to visualize equipment in remote locations, whether deep u...

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Team S

@team

 · 

a month

Artificial Intelligence
Robotics
MIT Engineers Enhance Household Robots with Common Sense Learning

MIT researchers are developing a method to improve household robots' ability to perform complex tasks by integrating common sense reasoning through large language models (LLMs). Traditional training methods rely on imitation learning, where robots mimic human actions, but this approach can lead to errors when faced with unexpected disruptions. The new method allows robots to break down tasks into subtasks and self-correct when mistakes occur, rather than restarting the entire task. By mapping...

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Team S

@team

 · 

a month

Corporate
Starbucks Appoints Brian Niccol as New CEO Amidst Leadership Shakeup

Starbucks has announced the appointment of Brian Niccol, currently the CEO of Chipotle Mexican Grill, as its new chairman and chief executive officer, effective September 9, 2024. Niccol succeeds Laxman Narasimhan, who is stepping down immediately after a challenging tenure marked by declining sales and a cut in revenue growth forecasts. Following the announcement, Starbucks shares surged over 13% in premarket trading. Niccol, a seasoned leader with a successful track record in the restaurant...

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Team S

@team

 · 

a month

Product launch
Twitch Introduces Video Stories to Compete with Instagram

Twitch has launched video stories, allowing streamers to create 60-second videos within the Twitch mobile app or upload them from their camera roll. This feature aims to enable streamers to engage with viewers while away from their streaming setups, offering an alternative to platforms like Instagram and TikTok. Video stories can be used for interactive content, such as polls and personalized shout-outs, as well as sharing highlights and updates on upcoming streams. Initially available only o...

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Team S

@team

 · 

a month

Advertising
Turbulence in Digital Advertising: Big Tech's Impact

The digital advertising sector has faced significant upheaval recently due to actions by major tech companies. In late July, Google reversed its long-standing plans for ad targeting and measurement in Chrome. Meanwhile, X, formerly known as Twitter, sued marketers for insufficient spending on its platform. These moves have caused the Global Alliance of Responsible Media (GARM) to pause its efforts to ...

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Team S

@team

 · 

a month

Deloitte replaces Atos as tech integrator for Olympics after 2 decades

Deloitte has been appointed as the International Olympic Committee's (IOC) official technology consulting partner, succeeding Atos, which had held the role for over two decades. This partnership will cover the upcoming Olympic Games, including Paris 2024, Milan-Cortina 2026, and Los Angeles 2028. Deloitte will be responsible for integrating various technologies to enhance the digital experience for fa...

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Team S

@team

 · 

a month

M&A
India’s Bharti to buy 24.5% BT stake from Patrick Drahi’s Altice

Bharti Enterprises, an Indian conglomerate, has become the largest shareholder in the UK's BT Group by acquiring a 24.5% stake from Altice, previously owned by billionaire Patrick Drahi. The deal, valued at approximately £3.2 billion, was announced on Monday, leading to an 8.5% rise in BT's share price. Bharti has no intention of acquiring the entire company and views the investment as a vote of confidence in the UK as a stable investment destination. The acquisition reflects Drahi's challeng...

1

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Team S

@team

 · 

a month

Artificial Intelligence
JPMorgan Launches AI Assistant LLM Suite to Boost Employee Productivity

JPMorgan Chase has rolled out an AI assistant, LLM Suite, to over 60,000 employees, aiming to enhance productivity across various divisions, including consumer banking and investment services. The assistant, initially powered by OpenAI's technology, will also support other large language models based on specific tasks. LLM Suite assists with writing emails, summarizing documents, solving Excel problems, and generating ideas.


Additionally, it is utilized for creating marketin...

1

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Team S

@team

 · 

a month

EV
Germany
Tesla's Giga Train Resumes Operations: A Leap Towards Sustainable Transportation with Battery-Electric Trains

🌱🚉  News from Tesla! The free shuttle train to the Gigafactory in Grünheide (Germany) has resumed operations as of August 7, now powered by Siemens Mobility's battery-electric trains. This transition from diesel to battery-electric is in line with Tesla's mission to accelerate the shift to renewable energy.


Originally launched in September 2023, the service connects Erkner station to Fangschleuse Tesla Süd and is designed for factory workers while being open to the pub...

1

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Team S

@team

 · 

a month

Artificial Intelligence
Reflecting on the Dot-Com Bubble: Lessons for Today's AI Boom

The dot-com bubble's burst offers valuable insights into the dynamics of financial bubbles, a topic that resonates today as we witness the rapid growth of AI technologies. Unlike a single defining moment, the dot-com bubble deflated gradually, marked by events like the AOL-Time Warner merger in January 2000, which many saw as a signal of irrational exuberance. This period was characterized by investor...

2

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Praveen Paranjothi

@praveen

 · 

a month

Life Science
India’s regulator allows faster access to drugs approved globally

New drugs for weight loss, Alzheimer’s or cancer, that have been approved by top regulatory authorities abroad but are awaiting approval in India, will no longer be required to undergo clinical trials in the country


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Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology


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Blackstone is expected to bid nearly ₹40,000 crore ($4.8 billion) for a 51 per cent stake in the iconic Indian snack brand Haldiram's


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Sarah J

@sarah

 · 

2 months

Artificial Intelligence
Mining
Commodity

KoBold is betting it can modernize the mining industry by using artificial intelligence to scour the earth for copper, lithium, nickel and cobalt. It says machine-learning techniques allow it to collect and analyze more sophisticated data about deposits than conventional exploration methods. “Predict everything” and “quantify the uncertainty” are key company mottos.


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