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Apple’s Mac segment grew nearly 39% year-over-year in the third quarter of 2020 amid double-digit growth across the broader PC market.

As consumers and businesses switch to remote education and work during the ongoing coronavirus pandemic, research firm IDC estimates that global PC shipments grew 14.6% in Q3 2020 and reached 81.3 million units shipped.

The research firm also estimates that Apple shipped 6.89 million macOS devices during the quarter, up from 4.59 million units in the year-ago quarter. That represents year-over-year growth of 38.9%, IDC’s estimates show.

“Consumer demand and institutional demand approached record levels in some cases,” IDC Research Manager Jitesh

Ubrani said. “Had the market not been hampered by component shortages, notebook shipments would have soared even higher during the third quarter as market appetite was yet unsatiated.”

Apple’s market share also grew slightly during the same period. In Q3 2020, Apple had an 8.5% share of

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The continuing strength of the stock market, even as the coronavirus pandemic batters the U.S. economy, has baffled many investors. The Dow Jones Industrial Index fell some 35% in 20 trading days the first three weeks of March as COVID-19 began spreading rapidly globally, but it has since gained nearly 60% to levels above 28,650. At the same time, the Commerce Department reported the U.S. economy shrank 31.7% in the April-June quarter. Part of our job at Equitas is to research many areas of the market and the economy, analyze the current environment, and to search for the investment opportunities. While there are numerous views and theories, in this KnowRisk Report we explore and expand on why the stock market is so strong, while the economy is so weak. We start with Wharton finance professor Itay Goldstein who has boiled it down into two reasons: the long-term prospective of the

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ExaGrid Reports Continued Momentum with Strong Quarter Ending Q3-2020
ExaGrid Reports Continued Momentum with Strong Quarter Ending Q3-2020

Record number of six-figure deals and release of Version 6.0 with ransomware recovery feature

ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it hit its plan for the quarter ending September 30, 2020 and added over 100 new customers in the quarter. The results included a record 27 new customers with initial six-figure purchases and one existing customer with a seven-figure purchase.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201006005031/en/

“Customers have less viable options for backup storage,” said Bill Andrews, CEO and President of ExaGrid. “Low-cost primary storage disk is too expensive for longer-term retention due to the amount of retention copies required. Inline scale-up deduplication appliances, such as Dell EMC Data Domain, are slow for backups and restores due to an inline deduplication process, don’t scale due to a scale-up storage

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London-based venture capital firm Air Street Capital today published the State of AI Report 2020, its third annual survey canvassing research, talent, industrial, and political trends in the field of AI. Coauthored by University College London visiting professor Ian Hogarth and AI investor Nathan Benaich, the report aims to highlight technological breakthroughs and areas of commercial application for AI as well as the regulation of AI, its economic implications, and emerging geopolitical issues.

Among other findings, this year’s report implies AI remains mostly closed source, harming accountability and reproducibility, while corporate-driven academic “brain drain” appears to be impacting entrepreneurship. Self-driving cars are in the Precambrian stages. And political leaders are beginning to question whether acquisitions of AI startups should be scrutinized or outright blocked.

AI research

According to Air Street Capital’s report, only 15% of AI research papers publish their code, and there’s been little improvement on the metric since

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