At the Worldwide Developers Conference (WWDC) held on Monday, Apple showcased its upcoming iPad software, iPadOS 17, which brings a host of new features to make the iPad experience more akin to that of an iPhone. With interactive widgets, lock screen customization options, and the inclusion of the Health app, Apple is bridging the gap…
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Apple Unveils the Apple Vision Pro: A Revolutionary Mixed Reality Headset
In a highly anticipated announcement at the Worldwide Developers Conference (WWDC), Apple CEO Tim Cook introduced the Apple Vision Pro, a groundbreaking mixed reality headset that blends the virtual and real world for an immersive spatial computing experience. This new device, described as a “new type of computer,” aims to redefine how users interact with…
Turkish Retailer Trendyol Makes £1 Billion Takeover Bid for ASOS
In a surprising move, Turkish online retailer Trendyol, backed by Chinese giant Alibaba, has submitted a takeover bid worth £1 billion for UK-based online fashion retailer ASOS. The offer, made in December of last year, values ASOS at £10 to £12 per share, significantly higher than its recent closing price of £3.50. According to reports…
Amicorp FS (UK) Plc announces IPO on London Stock Exchange
LONDON, UK: Amicorp FS (UK) Plc [AMIF], the international specialist fund services group, announced its intention to launch an initial public offering (IPO) and to seek admission for its Ordinary Shares to be admitted to the standard listing segment of the Official List of the FCA and to trading on the London Stock Exchange’s Main…
All Nippon Airways (ANA) Launches NFT Marketplace
All Nippon Airways (ANA) has launched a new Non-Fungible Token (NFT) marketplace, becoming the first airline in the world to do so. The marketplace, called ANA GranWhale NFT MarketPlace, is operated by ANA NEO, a subsidiary of the ANA Group. NFTs are digital assets that are stored on a blockchain and cannot be replicated. They…
Motorola’s new foldables are here and they look amazing
Motorola’s new foldables for 2023, the Motorola RAZR and the Motorola RAZR Plus. These phones are being launched in the U.S., and that’s what they’ll be called. Just to keep you on your toes, though, these phones have different names outside the States, being called the Motorola RAZR 40 and the Motorola RAZR 40 Ultra,…
Lloyds to Close 144 Branches in 2023
Lloyds Banking Group has announced plans to close 53 more branches in 2023, bringing the total number of closures to 144. The closures will affect Lloyds Bank, Halifax and Bank of Scotland branches across the UK. The bank says that the closures are necessary due to a decline in customer use of branches. In the…
Pakistan to Introduce Digital Currency in the Future
Pakistan is on its way to introducing a digital currency, similar to cryptocurrencies like Bitcoin and Ethereum. This was announced by Shoukat Bizinjo, Additional Director, Digital Financial Services Group, State Bank of Pakistan (SBP), at the 16th international conference on Mobile Commerce, organized by Total Communications. Bizinjo said that the SBP is reviewing and consulting…
Li Auto Delivers More Than Twice as Many Cars in May
Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus a year ago. For a third-straight month, Li Auto’s deliveries topped 20,000 with a climb to 28,277 vehicles in May, according to a release Thursday. That’s up by about 146% from a year ago. In contrast, competitors…
Nike appoints Jared Carver as Converse CEO
Nike, Inc. (NYSE: NKE) today announced that Jared Carver has been appointed Chief Executive Officer of Converse, effective July 1, 2023. Carver, who has been with Converse for more than a decade, will succeed Scott Uzzell, who has served as CEO since 2019. Carver is a consumer-first leader with a proven track record of success…
Great-West Lifeco sells Putnam Investments to Franklin Templeton for $1.8B
Great-West Lifeco, the parent company of Canada Life, has sold global investment firm Putnam Investments to Franklin Templeton for a potential value of $1.8 billion. The deal, which is expected to close in the fourth quarter of 2023, will see Franklin Templeton acquire Putnam’s $170 billion in assets under management. Putnam has offices in Boston,…
GetYourGuide raises $194 million to fuel travel rebound and AI ambitions
German online travel startup GetYourGuide has raised $194 million from investors, hoping to capitalize on a bump in demand for travel services in the summer, further an expansion into the U.S., and invest in large language models and other artificial intelligence tools. The Berlin-based company said Thursday it had raised the funding through a mix…