Local Manufacturers in Ishikawa Prefecture Working Diligently to Recover After Earthquake

Local Manufacturers in Ishikawa Prefecture Working Diligently to Recover After Earthquake

Summary: Following the recent earthquake in Ishikawa Prefecture, Japan, local manufacturers are putting in extensive efforts to resume their operations swiftly. Toshiba’s power semiconductor factory is set to restart a portion of its production lines on January 10, 2024.

In the aftermath of the earthquake that shook Ishikawa Prefecture, Japan, manufacturers in the region are working tirelessly to get back on track.… Read the rest

Microsoft Launches AI Odyssey Initiative to Empower 100,000 Developers in India

Microsoft Launches AI Odyssey Initiative to Empower 100,000 Developers in India

Microsoft is taking a major step in bolstering India’s AI capabilities with the launch of the AI Odyssey initiative. With a bold goal of skilling 100,000 developers, this program aims to equip participants with the latest AI technologies and tools. The primary objective of the Microsoft AI Odyssey program is to provide a comprehensive learning experience that enables developers to acquire and showcase relevant AI skills for executing critical projects aligned with business goals.… Read the rest

Intel’s Mobileye Faces Revenue Slowdown in 2024

Intel’s Mobileye Faces Revenue Slowdown in 2024

Summary: Mobileye, a subsidiary of Intel, has projected a decline in year-over-year revenue growth for 2024. The company expects this decrease due to its customers’ inventory cleanup in the first quarter of the year.

In a recent announcement regarding its fiscal 2024 preliminary financial outlook, Mobileye, an Intel-owned company specializing in advanced driver-assistance systems and autonomous technologies, foresees a significant reduction in revenue growth compared to the previous year.… Read the rest

New Technologies Play Crucial Role in Combating Increasing Fraud in Financial Institutions

New Technologies Play Crucial Role in Combating Increasing Fraud in Financial Institutions

Financial institutions are facing the challenge of rising fraud and financial crimes, driven by the surge in digital banking and faster digital payment methods. A recent report by PYMNTS Intelligence titled “Increasing Fraud Heightens Need for Newer, Better Technologies” highlights the significance of adopting fraud-fighting technologies in the face of more sophisticated fraudulent transactions.… Read the rest

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