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155
Xerox to Acquire Lexmark for $1.5 Billion in Strategic Move to Enhance Printing Portfolio
- Xerox Holdings Corporation has agreed to acquire Lexmark International, Inc. for $1.5 billion.
- The acquisition aims to strengthen Xerox's position in the printing sector by enhancing its product portfolio and expanding its global presence.
- Xerox expects to grow its client base to over 200,000 customers across 170 countries and achieve cost synergies of more than $200 million within two years.
- The acquisition will enable Xerox to provide improved printing solutions and compete effectively in the evolving market.
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Medium
1h
239
Image Credit: Medium
The Rise of the Product Leader: How to Thrive in 2025 and Beyond
- Product leadership is not just about executing features, but about shaping company strategy and aligning cross-functional teams.
- Successful product leaders in 2025 will focus on asking hard questions, tying work to business outcomes, and building cross-functional relationships.
- Leadership is about creating more leaders and investing in personal growth and continuous learning.
- To thrive in 2025 and beyond, product managers should emphasize empathy, stay curious, adapt to emerging trends, and look beyond their current roles.
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TronWeekly
2h
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Image Credit: TronWeekly
Which Crypto Will Rebound First—TON or ADA?
- TON and ADA are two cryptocurrencies being watched for potential rebounds in the market.
- TONcoin shows signs of bullish momentum and could increase by about 29% from current levels.
- Cardano (ADA) has experienced a recent decline but has the potential for growth, with a potential target of $1.64.
- ChangeNOW is a platform for buying, selling, and exchanging TON, ADA, and other cryptocurrencies without registration and hidden fees.
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Siliconera
2h
249
Image Credit: Siliconera
Square Enix Shares FFVII Drink Recipes for Christmas 2024
- Square Enix shared Final Fantasy VII drink recipes for Christmas 2024 via its Japanese FFVII Remake series X account.
- The company shared two drink recipes, including Mako's Eye Drink and Banora White Juice.
- The Banora White Juice recipe includes ingredients like ice blocks, apple juice, Butterfly Pea tea, Purple Haze syrup, lemon, and mint leaves.
- Square Enix cautioned that the Banora White Juice is not suitable for pregnant women or those having a period.
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The Register
2h
249
Image Credit: The Register
Technical issue briefly grounds American Airlines flights across US
- A technical issue temporarily grounded American Airlines flights across the US on Christmas Eve.
- The airline requested a nationwide stop order, lasting about an hour.
- The issue was caused by a 'vendor technology' problem but the provider was not named.
- American Airlines apologized for the inconvenience and urged customers to check their mobile app or website for flight information.
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ISN
2h
94
Image Credit: ISN
BIBA Group's revenue drops by 13% to Rs 758 crore in FY24, reports a loss of Rs 95.5 crore
- Biba Group, consisting of BIBA Fashion Limited and Kashida Apparels Private Limited, reported a 13% drop in consolidated revenue to Rs 758 crore in FY2024.
- The company reported a loss of Rs 95.5 crore in FY2024 compared to a profit of Rs 53 crore in FY2023 due to cost pressures and under-absorption of fixed overheads.
- Inventory management remains a key concern for the company, with a significant amount of stock blocking working capital.
- The Group's flagship label, BIBA, accounts for 85-90% of overall revenue, highlighting brand concentration risk.
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TechSpot
2h
126
Image Credit: TechSpot
AMD's poor software optimization is letting Nvidia maintain an iron grip over AI chips
- AMD's software challenges are letting Nvidia maintain its lead in AI chips, according to SemiAnalysis.
- Despite impressive specs, AMD's software ecosystem requires significant effort to utilize effectively.
- Customers, like Tensorwave, have experienced software issues and relied on AMD engineers for debugging.
- AMD's software falls short of Nvidia's CUDA ecosystem, hindering their ability to compete.
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TechCrunch
2h
110
Image Credit: TechCrunch
Google is using Anthropic’s Claude to improve its Gemini AI
- Contractors working to improve Google's Gemini AI are comparing its answers against outputs produced by Anthropic's competitor model Claude.
- Gemini contractors use the internal Google platform to compare Gemini to other unnamed AI models and have noticed references to Anthropic's Claude.
- Claude's safety settings are stricter than Gemini's and it avoids certain prompts it considers unsafe.
- Google has not disclosed whether it obtained Anthropic's approval to access Claude.
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Inc42
2h
179
Image Credit: Inc42
LEAP India To Raise INR 535 Cr In A Funding Round Led by KKR
- Supply chain solutions provider LEAP India is raising INR 535 Cr (about $62.8 Mn) in a funding round led by KKR.
- The funding round will also see participation from Sixth Sense Ventures, FirstBridge India, Madhurima International, among others.
- The startup plans to issue preference shares and equity shares at a price of INR 400 per share.
- Following the funding, KKR will own about 78.64% stake in LEAP India.
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TechCrunch
2h
97
Image Credit: TechCrunch
Revenue-based financing startups continue to raise capital in MENA, where the model just works
- CredibleX, a startup in the MENA region, has raised $55 million in seed financing for revenue-based financing (RBF) services.
- RBF model works well in the MENA region due to difficulty in accessing working capital from traditional banking channels.
- CredibleX partners with large aggregators to reach SMEs in their vertical ecosystem and recovers repayments easily.
- The platform integrates with service-based platforms like Talabat, where SMEs apply for loans and repay through platform transactions.
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Arstechnica
2h
215
Image Credit: Arstechnica
Why The Long Kiss Goodnight is a great alt-Christmas movie
- The Long Kiss Goodnight (1996) is a great alternative Christmas movie.
- Starring Geena Davis, it tells the story of an amnesiac school teacher who was once a government assassin.
- Directed by Renny Harlin and written by Shane Black, the movie redeemed Davis and Harlin after their previous box office failure.
- The Long Kiss Goodnight offers action, a smart script, and a thrilling Christmas setting.
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Securitysales
2h
62
Image Credit: Securitysales
2025 Security Industry Predictions: Vinny Peone, Eastern and Intelli-Tec Security Services
- Vinny Peone, director of marketing for Eastern Security Services and Intelli-Tec Security Services, predicts that monitored video solutions will be the most profitable growth opportunity for dealers and integrators in the security industry in 2025.
- Cloud as a one-size-fits-all solution is overplayed, but AI's role in predictive crime prevention, anomaly detection, and real-time analytics will continue to rapidly grow.
- The biggest challenge for the security industry right now is finding and retaining top talent. Security companies must offer competitive pay, benefits, and a growth-oriented culture.
- The most pressing issue professionals in the security industry should tackle right now is combatting false alarms through improved alarm accuracy and technology like video verification.
- 2025 will be remembered as the year that the security industry embraced AI-powered analytics and video surveillance, revolutionizing real-time threat detection and predictive crime prevention.
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3 Likes
Tech Story
2h
271
MicroStrategy Buys Big Again: 5,262 Bitcoins Added for $561M
- MicroStrategy has bought 5,262 Bitcoins for approximately $561 million at an average price of $106,662 per Bitcoin bringing its total holdings to 444,262 BTC.
- This is the seventh major acquisition in seven weeks, and the company's focus on Bitcoin has increased since adopting a Bitcoin-centric strategy in 2020.
- At $92,000, Bitcoin's value has shown signs of stability in recent weeks, and MicroStrategy's consistent investment in the digital asset shows long-term commitment to the strategy.
- With an estimated unrealized profit of $15 billion on its Bitcoin holdings, Microstrategy remains the largest corporate holder of Bitcoin as of December 22, 2024.
- The company's upcoming inclusion in the Nasdaq-100 index on December 23, 2024, reinforces its financial standing, strategic focus, and growing influence in both traditional and cryptocurrency markets.
- Bitcoin's recent price correction has led market analysts to identify $85,000 to $90,000 as a crucial support zone determining the cryptocurrency's future direction.
- MicroStrategy's leadership changes reflect its Bitcoin-centric vision as it appoints members with cryptocurrency and financial market experience to take the strategy forward.
- While MicroStrategy's Bitcoin portfolio has generated substantial returns, the company's reliance on equity and debt to fund acquisitions has raised concerns among some investors and analysts.
- Skeptics argue that cryptocurrency market volatility poses significant risks to the company's financial stability, while proponents highlight MicroStrategy's ability to generate substantial returns and position itself as a leader in the digital asset space.
- MicroStrategy's bold moves to promote its $42 billion Bitcoin strategy will be voted on at an upcoming special shareholder meeting.
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Tech Radar
2h
258
Image Credit: Tech Radar
FTC orders Marriott and Starwood to boost cybersecurity following major incidents
- The FTC is imposing strict rules on the Marriott Hotel chain
- Three huge data breaches from the Marriott led to hundreds of millions of customers being exposed
- FTC says the company failed to implement proper security measures
- Marriott must now establish and maintain a comprehensive information security program
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TronWeekly
2h
173
Image Credit: TronWeekly
Bitcoin’s Decline Opens a Door for Dogen to Surge to $30 With 25,000% Potential
- With Bitcoin's value dropping, attention turns to Dogen, a potential rising star in the crypto market.
- DOGEN is a bullish meme token, expected to surge to $30 with a potential return of 25,000%.
- DOGEN offers exclusive campaigns for early adopters and a referral program with potential earnings.
- BTC and other leading coins show less short-term potential, making DOGEN an attractive choice for potential growth.
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