Tag: drive

Financials, tech stocks drive Australian market higher

(Reuters) – Australian shares settled higher on Tuesday for the seventh straight session, as financials jumped on some economic optimism and dividend hopes, and technology stocks tracked Wall Street higher.

FILE PHOTO: Pedestrians are reflected in a window displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 13, 2018. REUTERS/David Gray

The S&P/ASX 200 index .AXJO rose 1% to 6,195.70, adding about 7% during the seven sessions of gains through Tuesday.

Financials .AXFJ closed 1.7% higher, after having hit their highest level since Aug. 12 earlier in the session, with the “Big Four” banks adding between 1.7% and 3.3%.

“There are some signs that there is a bit of optimism for the economy moving forward, and that’s helping banks have a pretty good run,” said James Tao, a market analyst at CommSec.

Last week, the Australian government pledged billions in tax cuts and measures to boost

Read More

Apple and Amazon drive rally on Wall Street

(Reuters) – Wall Street ended sharply higher on Monday, fueled by expectations of a coronavirus relief package and by a rally in Amazon, Apple and other technology stocks ahead quarterly earnings season.

Apple Inc jumped 6.4%, adding $128 billion to its stock market value, ahead of an event on Tuesday, when it is expected to unveil its newest iPhones.

Amazon rallied 4.8% ahead of its annual Prime Day shopping event on Oct. 13 and 14. Microsoft jumped 2.6%, helping lift the S&P 500 information technology index 2.7%.

The S&P 500 was about 1% below its record closing high from Sept. 2, nearly recovering from most of a 9% pullback last month.

“Apple is crushing it. There’s some euphoria around the name,” said Phil Blancato, chief executive of Ladenburg Thalmann Asset Management in New York. “The market leaders are once again the tech names, supported by the fact that the economy

Read More

Carsales boss calls for technology focus to drive COVID recovery

“We’ve got to think about how do we invest over the next two years so when we come out of this we’re not so dependent on just population growth and mining and agriculture. And we’re a much more diversified economy. The tech business in my view is one of those ways to do that,” he told The Age and The Sydney Morning Herald.

“Some of these (US tech) companies, Amazon, Facebook, they’re larger than (national) economies. And why can’t we produce some of these companies. Well I think there’s hope here, because we have produced an Atlassian…we have produced a Carsales,” he said.

Mr Bhatia said the recession had underscored the need for businesses to go online to reach customers and keep trading, adding that far too many weren’t online.

More support was needed to get small businesses online, adding that they should assume COVID-19 could affect their operations

Read More

When Technology And Storytelling Drive Empathy

This week Lenovo, championed by Girl Up, the gender equality initiative of the United Nations Foundation (UNF), and filmmaker Ava DuVernay, launched New Realities – a project celebrating women through women and technology to showcase and solve global social issues and drive empathy. 

“I was honestly blown away by the stories of these ten young women. I was not sure what to expect, going into this project. Still, I was truly amazed by the power to drive change these women have shown,” said Dilip Bhatia, Lenovo’s Chief Experience Officer during our conversation about New Realities. 

Captured over the last four months using 360-degree storytelling, New Realities records the experience of 10 women in 10 different countries (Brazil, China, France, Germany, India, Italy, Japan, Mexico, the

Read More

Brazilian Conversational Commerce Firm Take Raises US$100m To Drive International Expansion

Brazilian technology company Take has raised a US$ 100 million round from private equity fund Warburg Pincus to support its international expansion plans. The deal, announced on Wednesday (7) sees the investor acquiring a relevant minority stake in the company in what is one of the largest Series A rounds that have taken place in Brazil.

Headquartered in Belo Horizonte, capital of the Brazilian state of Minas Gerais, Take develops a software-as-a-service (SaaS) offering that enables companies to communicate with their customers via apps such as Facebook Messenger and WhatsApp. The model evolves the traditional customer relationship management framework into what it defines as “conversational commerce”, whereby firms maintain an ongoing dialog with their customer base.

Take’s technology uses tools such as artificial intelligence and data analytics to allow companies to not only service their customers and seamlessly

Read More

Seagate Introduces HAMR HDDs, CORTX And Lyve Drive Rack

Seagate’s latest DataSphere event allowed the company to talk about their shipping 18 TB HAMR HDDs and soon to come 20 TB drives as well as their CORTX open source intelligent object storage software. CORTX software is used on the Lyve Drive Rack for up to 1.7 PB of object storage.

According to recent data from Wells Fargo analyst Aaron Rakers using data from Trendforce and TrendFocus, enterprise solid state drives (SSDs) generally cost $185/TB and nearline hard disk drives (HDDs) cost about $19/TB, so enterprise SSSDs have a 9.7X price premium in $/TB, that has been relatively constant, as shown below.  This disparity in prices for storage capacity is the primary reason that mass storage in data centers uses high capacity HDDs.

Seagate Technology’s primary business is

Read More

MST Solutions Doubles Down on Culture and Innovation to Drive Next Wave of Growth

The digital services company realized record results amid rapid shifts in the industry

The second quarter introduced seismic shifts in the health care, public sector, and manufacturing industries, and MST Solutions, Arizona’s leading Salesforce CRM and marketing automation consulting partner, quickly responded to meet the new demands of these sectors by introducing a new licensing solution, and two Salesforce solutions. As a result, the company has reported better than anticipated Q2 growth and beat its first-half goals by double digits.

The MST Licensing Solution for Salesforce, an all-in-one cloud platform built specifically to allow licensing organizations to automate licensing, permitting, and enforcement processes, and support virtual operations, was introduced at a pivotal time when many organizations were forced to halt in-person services. However, most were not set up to go virtual as they still relied heavily on paper-based, manual processes. The cloud-based Licensing Solution alleviated this reliance and enabled a

Read More

Windows 10: This handy new feature will warn if your drive is about to fail

Windows 10 will soon alert users if their SSD is at risk of breaking down, and advise them to back up their data pronto.

6-istock71807779medium.jpg

Microsoft wants to make sure you don’t end up looking like this guy.

Image: Getty Images/iStockphoto

We’ve all been in the unfortunate situation of desperately trying to recover important data from a storage drive that’s met an untimely end. Fortunately, Microsoft is now working on a new feature that will help warn users of an impending drive failure before the dreaded event occurs.

The new feature comes packaged as part of the latest
Windows 10

Insider Preview Build 20226, and is designed to detect hardware abnormalities for NVMe SSD and provide a heads-up when it detects a risk of imminent failure. If a problem is detected, Windows will provide a notification recommending that users immediately back up their data – immediately being the key word, here.

Read More

AdvMeds consolidates medical information services to drive refined healthcare

Going into its fourth year, startup AdvMeds provides consolidated medical information services with a focus on leveraging information and communications technology (ICT) advances to integrate medical and healthcare services and deliver AI-enabled smart solutions. By providing and promoting access to medical information, AdvMeds helps partners improve the quality and performance of their medical and healthcare services. Its customer base currently comprises hospitals, medical care institutions, insurance firms, healthcare product manufacturers and healthcare service providers. Its market footprint now includes 12 countries and regions around the world.

According to Johnson Huang, general manager of AdvMeds, since its creation in 1995, Taiwan’s National Health Insurance (NHI) program has achieved impressive results that the rest of the world is envious of. Boasting a 99.5% satisfaction rate, the program is advancing toward precision medicine and looks to export Taiwan’s smart healthcare technologies. The AdvMeds team has created a spectrum of solutions based on its

Read More

2020 Land Rover Defender 110 First Drive Review

2020 Land Rover Defender 110

2020 Land Rover Defender 110 first drive review: Off-rad chops meets modern tech

“The 2020 Land Rover Defender combines old-school ruggedness with modern refinement.”

  • Impressive off-road capability
  • Drives like a car, not an SUV
  • Well-designed interior
  • Useful tech
  • Vague steering
  • Fussy touchscreen

Modern Land Rover is defined by SUVs that combine luxury with off-road capability, vehicles that, despite their mud-plugging abilities, are typically compared to the likes of Mercedes-Benz. It wasn’t always this way.

When Land Rover launched in 1948, it made simple, rugged vehicles aimed more at farmers, explorers, and soldiers than wealthy suburbanites. Those early Land Rovers were Britain’s answer to Jeep, not Mercedes. As Land Rover drifted further into luxury, the Defender became the last reminder of the brand’s origins. Until it went out of production in 2016, that is (United States sales ceased in 1997).

Fans loved the original Defender because it existed in a time

Read More