Tag Archive : Plan

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By Sethuraman N R

BENGALURU (Reuters) – Shares of Wipro Ltd fell 6.8% on Wednesday, a day after the software services firm posted quarterly organic revenue growth that was lower than peers and disappointed some investors with its plans to revive growth.

Chief Executive Officer Thierry Delaporte, who took the helm in July, said on Tuesday Wipro would focus more on large deals and “prioritize the markets and sectors that are relevant,” without giving more details.

The commentary let down some investors who were hoping for more concrete steps from a company that has underperformed its rivals in the recent past.

“The strategic roadmap from the CEO to revive growth was not as strong as it was expected to be,” IDBI Capital research analyst Urmil Shah said.

Wipro also saw a decline in revenue from its key markets of the Americas and Europe in the second quarter as clients cut

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A new Piper Sandler survey indicates that only 10% of respondents plan to buy a new “iPhone 12” model in fall or winter 2020, suggesting that consumers are “hunkering down” heading into the launch.

In a research note seen by AppleInsider, lead analyst Harsh Kumar details the results of a survey of about 1,000 Americans that the investment bank conducted in late September 2020.

Per the results, only about 10% of that number said that they expect to buy a new iPhone or upgrade to a 5G-equipped “iPhone 12” model in the latter half of 2020. As Kumar notes, that’s well below a previous survey that suggested 23% of respondents planned to upgrade but may be attributable to the global coronavirus health crisis.

“We are a bit surprised by the lower than expected demand given the cellular transition, but the global pandemic may be putting pressure on spending patterns

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Instagram & Plan International Team Up With Girl Activists To Address Online Harassment

PR Newswire

NEW YORK, Oct. 11, 2020

After landmark survey by Plan International points to unchecked online harassment, social media platform will work with girls’ rights organization to kick off a series of listening sessions with girl activists around the world, which will inform work across Facebook properties.

NEW YORK, Oct. 11, 2020 /PRNewswire/ — Instagram will hear from a global panel of girl activists on how the platform can address online harassment, in collaboration with Plan International.

(PRNewsfoto/Plan International USA)
(PRNewsfoto/Plan International USA)

Insights will also be shared with Facebook and WhatsApp as part of this initiative.

Plan’s Listening Sessions, which are being announced on International Day of the Girl [October 11, 2020], will feature a diverse group of 15 youth activists.

The Listening Sessions will give policy and product teams from Instagram — as well

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In my column last week, I wrote about China’s edge in AI robotics. 

I pointed out that China has been using advanced robotics in their manufacturing for decades and, most recently, have applied powerful new AI technology to help automate their factories. 

This is an important development for China and will push the US towards similar strides to use AI in more local manufacturing too. The downside for both countries is that AI manufacturing will be good for the robot industry but not that great for creating manufacturing jobs, as robots invade the workforce. 

AI Robotic Manufacturing, however, is just one of the legs of Chinese President Xi JinPing’s vision to take the tech crown from the US and make China less dependent on US technology for their future. 

In

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iHuman Finalizes $84 Million IPO Plan

October 6, 2020 | technology | No Comments

iHuman (IH) intends to raise $84 million from the sale of ADSs representing underlying Class A stock in an IPO, according to an amended registration statement.

Beijing, China-based iHuman was founded to create a subscription and advertising supported online service that provides the ability for young children to learn languages, math science and culture in a fun environment.

Management says it is the number one provider of online childhood edutainment in China, according to a Frost & Sullivan report that it commissioned and paid for.

Management is headed by founder, and Chairman Michael Yufeng Chi, who was previously founder of Beijing Jinhongen Co. and Perfect World Group, a ‘global entertainment company focusing on original content creation and technology.’

Below is a brief overview video of iHuman:

Source: iHuman Chinese

The company’s primary content offerings include:

  • Languages – Chinese, Pinyin, English
  • Math
  • Culture
  • STEM courses

iHuman has received at least $53

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The federal government had already promised AU$796.5 million over four years from 2020-21 through its Digital Business Plan to further drive progress towards Australia becoming a leading digital economy by 2030.

In its Budget 2020-21, the government detailed the plan that’s aimed at improving productivity, income growth, and jobs by supporting the adoption of digital technologies by Australian businesses.

“There is no economic recovery without a jobs recovery,” Treasurer Josh Frydenberg said in delivering his Budget speech on Tuesday night. “There is no budget recovery without a jobs recovery.

“This Budget is all about jobs.”

The measures under the JobMaker Plan — Digital Business Plan label cover: Modern digital infrastructure, reduced regulatory barriers, small and medium enterprise (SME) support and capability, and a digital government that is easier to do business with.

The nearly-AU$800 million will be shared over four years by 16 government departments, with Services Australia receiving the

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A quarter of IT professionals increased AI investment levels due to COVID-19, 42% kept it at the same level, but 75% plan to continue or begin new AI projects in the next 6-9 months.

AI (Artificial Intelligence) concept. Electronic circuit. Communication network.

Image: Getty Images/iStockphoto

As far as enterprise artificial intelligence projects are concerned, the COVID-19 pandemic was just a minor bump in the road, Gartner found: 24% of business and IT professionals surveyed said they increased AI investment during the pandemic, and 42% kept investment at the same level.

More about artificial intelligence

Driving current AI investment has been customer experience and retention, revenue growth, and cost optimization, Gartner found. Those areas of focus are likely to continue as new projects are initiated in the post-pandemic business world, which Gartner said will be rich with AI investment.

Seventy-five percent of respondents said that they plan to continue current AI initiatives or invest in new ones over the

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  • Deal talks around Tesla acquiring Nevada-based mining company Cypress Development Corp. have fallen through, Bloomberg first reported.
  • As the company shifts its plan, it now has the rights to mine Lithium on its own in the state, according to the report.
  • The automaker has access to 10,000 acres of “lithium-rich clay deposits,” in Nevada, where the company already has a Gigafactory.
  • The company hopes producing Lithium on a large scale will help keep battery costs low and enable it to finish a $25,000 Tesla in “about three years.”
  • Visit Business Insider’s homepage for more stories.

Tesla was recently holding acquisition talks with a Nevada-based mining company to advance its ambitious plan to source lithium from clay deposits in the US, but the electric-car company was unable to reach a deal and has since secured the rights needed to legally mine the raw material on its own in the state, Bloomberg’s

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VMWare Stock Up on Plan to Buy Infrastructure Software Firm


© TheStreet
VMWare Stock Up on Plan to Buy Infrastructure Software Firm

Shares of VMware , the cloud-computing major controlled by Dell Technologies , said Tuesday it would buy SaltStack, the Lehi, Utah, maker of infrastructure automation software.

Terms weren’t disclosed.

VMware recently traded at $144.72, up 1.2%. The stock has eased 4% year to date.

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“So, why is SaltStack important to VMware’s customers?” Alex Wang, VMware’s vice president of corporate development, asked rhetorically in a statement.

“Because time is money and speed is the new currency for digital transformation, VMware works hard to give customers a fast and simple path to cloud for their VMware-based workloads.”

VMware’s customers “can automate infrastructure across clouds with VMware vRealize, and the next logical step was to enable more seamless onboarding and better cross-cloud orchestration with configuration management,” Wang said.

“This is what we are getting with SaltStack. [The company] will

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The fruits and vegetables coatings market research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. Although the market has witnessed a negative impact due to the COVID-19 situation, the research analysts at Technavio expect the fruits and vegetables coatings market to recover and grow by USD 266.96 million during the forecast period, accelerating at a CAGR of almost 7%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005526/en/

Technavio has announced its latest market research report titled Global Fruits and Vegetables Coatings Market 2020-2024 (Graphic: Business Wire).

For the Complete Insights on COVID-19 Pandemic Crisis and Recovery Analysis of the Fruits and Vegetables Coatings Market Download free report sample

Fruits and Vegetables Coatings Market Segmentation Analysis by Product

  • Fruits coatings

  • Vegetable coatings

Fruits Coatings accounted for the largest market share in 2019 and is

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