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generative ai devices struggle to meet consumer expectations this holiday season
The Rabbit r1, a $200 device resembling a mini tablet, has sold over 100,000 units despite initial criticism for performance issues. Meanwhile, Bee AI is launching its GenAI device, the Bee, for $49.99, which functions as a digital assistant and integrates with healthcare tools. However, the generative AI hardware market remains underwhelming, with limited consumer adoption and confusion over device capabilities.
CNBC
United States Dollar Instagram Facebook Meta Jesse Lyu Show more
Technology & Innovation, Market Report
14:00 27.11.2024
Sonata Software secures multi-million dollar modernization deal in Australia
Sonata Software has secured a multi-million dollar modernization deal in Australia with a global leader in access solutions. This project will standardize business processes across 13 countries, migrate data from legacy systems, and enhance warehousing processes, utilizing Microsoft Fabric for improved decision-making. The deal was finalized in Q1FY25 and follows previous contracts in the region focused on data modernization and system upgrades.
Moneycontrol
United States Dollar Australian Dollar Sonata Software Limited NZL CHN AUS Show more
Technology & Innovation, Market Report
13:42 27.11.2024
the resurgence of vintage digital cameras in a modern world
Digicam enthusiasts are drawn to the unique aesthetics of older digital cameras, favoring their noisy, dreamy images over the hyperreal quality of modern smartphones. The rising popularity of vintage gear has led to increased prices and scams in the resale market, prompting collectors to seek reliable platforms for purchases. As interest in these cameras grows, challenges such as outdated technology and the scarcity of replacement parts complicate the collecting experience.
WIRED
Olympus Corporation Sony Arnold Schwarzenegger Sofia Lee James Warner Show more
Technology & Innovation, Blog Post
13:00 27.11.2024
apple struggles to keep pace in recovering smartphone market in 2024
Global smartphone sales saw a strong rebound in 2024, increasing by 6.2% to an estimated 1.24 billion units, but Apple’s growth was minimal at just 0.4%. While Apple remains the profit leader with an average selling price over $1,000, Android competitors are rapidly gaining market share, particularly in China and emerging markets. The recovery was driven by pent-up demand and the availability of more affordable devices, although AI enhancements did not significantly attract consumers.
Moneycontrol
United States Dollar Apple Inc. Alphabet Inc. Samsung Electronics Co. USA Victor J. Blue Show more
Technology & Innovation, Market Report
12:07 27.11.2024
consulting firms drive sustainability and digital transformation in healthcare services
The Healthcare Analytical Testing Services market is projected to grow from USD 4.41 billion in 2023 to USD 9.56 billion by 2031, with a CAGR of 11.20% from 2024 to 2031. Key players include Exova Group, PPD, and Eurofins Scientific, driven by technological advancements and increasing demand, while facing challenges such as competition and regulatory hurdles.
openPR.com
United States Dollar Boston Consulting Group Inc. Bain & Company, Inc. McKinsey & Company Inc. Show more
Technology & Innovation, Market Report
11:42 27.11.2024
foreign smartphone sales in china plummet 44 percent in october
Foreign smartphone sales in China plummeted 44.25% year-on-year in October, with sales dropping to 6.22 million units from 11.149 million. Despite an overall increase in phone sales by 1.8% to 29.67 million units, Apple's performance significantly impacts the foreign market, especially following the release of its iPhone 16 models. The anticipated AI feature for the Chinese market will not be available until next year, and Apple has yet to announce a local AI partner.
Moneycontrol
United States Dollar Apple Inc. CHN
Technology & Innovation, Market Report
09:49 27.11.2024
LTIMindtree targets AI growth amid cautious market outlook and revenue goals
Emkay Global Financial has maintained a REDUCE rating on LTIMindtree, setting a target price of Rs 6,100. At an analyst meet, LTIM highlighted its strategic focus on AI, which is driving recent deal wins and aims for a revenue target of USD 10 billion, alongside a goal of 17-18% EBITM. With discretionary spending still low, clearer visibility for FY26 revenue growth is expected as clients finalize budgets post-US elections.
Moneycontrol
United States Dollar Mindtree IND
Technology & Innovation, Market Report
09:01 27.11.2024
Sanofi opens 595 million dollar vaccine facility in Singapore for pandemic readiness
Sanofi has inaugurated a $595 million vaccine facility in Singapore, the only one outside France, designed for rapid adaptability in vaccine production. The Modulus plant can switch between different vaccines in days and will create around 200 jobs, enhancing pandemic preparedness. This facility is part of a broader €900 million investment to develop two new evolutive vaccine facilities globally over five years.
CNBC
Euro Singapore Dollar Sanofi SGP FRA
Technology & Innovation, Press Release
08:56 27.11.2024
Uber introduces subscription service Uber One for Indian users
Uber has launched 'Uber One', a subscription plan for Indian users, offering monthly, quarterly, and annual options priced at Rs 149, Rs 349, and Rs 1,499, respectively. This initiative aims to attract consumers in a competitive ride-hailing market, following its success in other countries. Globally, Uber boasts over 25 million Uber One members.
Moneycontrol
Indian Rupee Uber Dara Khosrowshahi
Technology & Innovation, News Article
08:04 27.11.2024
leapmotor c10 makes waves in australia with innovative features and marketing
The Leapmotor C10, featuring a luxurious interior and innovative safety features like "Life Detection" mode, is making its debut in Australia, targeting the growing EV market. With a competitive price point and strong backing from Stellantis, the C10 offers impressive performance, including a 420 km range and advanced tech like 360-degree camera monitoring. The vehicle is positioned to attract attention in high-traffic areas, enhancing brand recognition as it prepares for local sales.
CleanTechnica
Stellantis N.V. AUS CHN
Technology & Innovation, Blog Post
05:39 27.11.2024
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