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Apple (AAPL) Launches Ads On Maps While Pursuing Siri AI Content Deals
Simply Wall St.2h agoneutral
Apple (AAPL) Launches Ads On Maps While Pursuing Siri AI Content Deals

Apple (NasdaqGS:AAPL) has formally launched its 'Ads on Maps' platform, entering the local digital advertising market alongside Google and Meta. The new product allows businesses to buy promoted placements inside Apple Maps to reach nearby users searching for places and services. Apple is also negotiating content deals with news publishers to use their material in training its AI models that power Siri while addressing copyright and payment terms. These steps mark a material shift in Apple's...

SK Hynix (KOSE:A000660) Unveils Open AI Memory Standard Through New HBF Spec
Simply Wall St.22h agoneutral
SK Hynix (KOSE:A000660) Unveils Open AI Memory Standard Through New HBF Spec

SK hynix (KOSE:A000660) and Sandisk have released a new High Bandwidth Flash technical specification through the Open Compute Project. The High Bandwidth Flash standard is designed for AI inference systems and targets high bandwidth and high capacity memory and storage use cases. The open specification gives system designers a common framework for integrating AI focused memory technologies across future infrastructure. The move is expected to broaden SK hynix's role within the AI ecosystem...

Google unveils Gemini 3.7 Flash AI model for coding, agent workflows
Reuters2d agoneutral
Google unveils Gemini 3.7 Flash AI model for coding, agent workflows

Alphabet's Google launched Gemini 3.7 Flash on Thursday, its latest AI model designed for software coding and automated business tasks, but offered ‌no details on when its flagship Pro model will be released. Investors have been ‌closely watching for Gemini 3.5 Pro, Google's premium model, as a test of whether its DeepMind AI unit can ​keep pace with rivals Anthropic and OpenAI. Google had said in July Gemini 3.5 Pro was being tested with partners and would be coming "soon".

Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years
Reuters2d agoneutral
Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor's biggest portfolio overhaul in years. Ackman said on Thursday he acquired shares ‌starting in the second quarter that will be held in his investment funds including his newest offering ‌Pershing Square USA, which was listed on the New York Stock Exchange in April. Along with Netflix, which Ackman held briefly in 2022 before selling ​at a loss, his funds are also investing in eye care firm Alcon, exchange operator Intercontinental Exchange and financial data provider S&P Global.

Is Target (TGT) Fully Valued As New Food Launches Put Its Stock Back In Focus?
Simply Wall St.2d agoneutral
Is Target (TGT) Fully Valued As New Food Launches Put Its Stock Back In Focus?

Target (TGT) is back in focus for investors after fresh product news in its food aisles. The retailer just introduced its first Good & Gather cookbook and new branded frosting offerings in stores. See our latest analysis for Target. For context, Target's recent food and AI announcements come on top of strong price momentum, with a 30 day share price return of 14.27% and a year to date share price return of 53.22%, while the 5 year total shareholder return is still down 27.31%. If Target's...

Bill Ackman Unveils Six New Stock Picks
The Wall Street Journal3d agoneutral
Bill Ackman Unveils Six New Stock Picks

Bill Ackman’s Pershing Square made investments in six new public companies since the end of March: Visa Mastercard Netflix S&P Global Intercontinental Exchange Alcon The additions were disclosed in a letter to shareholders that accompanied Pershing Square’s quarterly earnings release, the firm’s first since it went public in April.

Comcast (CMCSA) Launches Global Enterprise Connectivity Lab In First International Collaboration
Simply Wall St.3d agoneutral
Comcast (CMCSA) Launches Global Enterprise Connectivity Lab In First International Collaboration

Comcast (NasdaqGS:CMCSA) unit Comcast Business and Colt Technology Services have launched a joint global innovation lab focused on automating enterprise connectivity. The lab aims to create API driven interoperability between the two companies' networks and service platforms to simplify cross border operations for multinational customers. This marks Comcast Business's first international collaboration to build programmatic, automated workflows for accessing connectivity services. The...

Lake Victoria Gold Unveils Maiden 580,000-Ounce Resource at Tembo Project in Tanzania
Insider Monkey4d agoneutral
Lake Victoria Gold Unveils Maiden 580,000-Ounce Resource at Tembo Project in Tanzania

Lake Victoria Gold Ltd. (TSXV:LVG) (OTCQB:LVGLF) (FSE:E1K) has released the maiden National Instrument 43-101 (NI 43-101) Mineral Resource Estimate for its wholly owned Tembo Gold Project in northwestern Tanzania, outlining an initial resource of nearly 580,000 ounces of gold across three deposits. Lake Victoria Gold Ltd. has outlined its first NI 43-101 compliant mineral resource […]

TSMC to invest $1.8 billion in joint venture with Sony for image sensors
Reuters4d agoneutral
TSMC to invest $1.8 billion in joint venture with Sony for image sensors

Taiwan ‌chipmaker TSMC ​said on Tuesday it ‌will ⁠invest 282 billion ⁠yen ($1.77 billion) ​in ​a ​joint ‌venture with Sony Group to ‌develop ​and ​make ​next-generation ‌image sensors. ($1 = 159.3300 ​yen) (Reporting ​by ​Ben Blanchard; ‌Editing ​by Andrew ​Heavens)

Meta (META) Unveils Muse Glimmer as Open-Source AI Spending Debate Intensifies
Insider Monkey5d agoneutral
Meta (META) Unveils Muse Glimmer as Open-Source AI Spending Debate Intensifies

Meta Platforms (NASDAQ:META) released a new open-weight AI model called Muse Glimmer on August 10, a compact system built for agentic tasks that can run on a Mac or PC with a single graphics card. CEO Mark Zuckerberg used the launch to press Washington for lighter rules on open-source AI, arguing that Chinese developers have […]

What Is Rocket Lab (RKLB) Signaling With 10 More Exclusive Launches Booked?
Simply Wall St.5d agoneutral
What Is Rocket Lab (RKLB) Signaling With 10 More Exclusive Launches Booked?

Rocket Lab (NasdaqGS: RKLB) completed its 13th Electron launch for iQPS, further expanding the QPS-SAR Earth-imaging constellation. The mission cements Rocket Lab as the primary launch provider for iQPS, with more than eight QPS-SAR satellites now deployed via Electron. iQPS has committed to 10 additional exclusive Electron launches with Rocket Lab through the end of the decade, adding visibility to the company’s future launch pipeline. Rocket Lab is far from the only stock tied to the...