Washington D.C. is tackling its traffic safety issues by targeting out-of-state drivers, particularly those from Maryland and Virginia, with stricter enforcement, fines, and new technology to monitor driving behavior. The goal is to reduce traffic violations and move closer to achieving Vision Zero, an initiative aimed at eliminating all traffic fatalities and serious injuries.
Box, Inc. (BOX) exceeded analyst expectations for both earnings and revenue in the second quarter, reporting a 10% beat on earnings and a 3.29% year-over-year revenue increase. The company also saw strong growth in remaining performance obligations (RPO) and billings, indicating continued momentum in its business.
Stratasys, a leading 3D printing solutions provider, is set to report its second-quarter 2024 earnings on August 29. While the company faces headwinds from macroeconomic pressures, its recent product launches and growing demand for 3D solutions could drive positive results.
The global cosmetic lasers market is booming, driven by the growing popularity of non-invasive and minimally invasive aesthetic procedures. This market, which reached US$ 1.3 Billion in 2022, is projected to reach US$ 3.8 Billion by 2031, growing at a CAGR of 13.3%. This growth is fueled by increasing demand, particularly among younger generations, who seek quick and effective solutions for their appearance.
Rumors suggest a new iPad mini is on the horizon, potentially as soon as September. With the current model being almost three years old, Apple could unveil a seventh-generation iPad mini equipped with Apple’s new AI features, an M2 chip, and a range of upgrades. The device could be launched alongside the iPhone 16 and Apple Watch Series 10, marking a significant update to the popular smaller iPad.
Seattle-Tacoma International Airport (SEA) is experiencing a cyberattack that has affected its internet, phone, email, and other systems. The Port of Seattle is working to restore services and passengers are urged to check with their airlines for updates and allow extra time at the airport.
The Indian government has announced new guidelines to streamline and improve its public grievance redressal system. These guidelines aim to empower citizens, increase efficiency, and leverage technology for faster and more effective resolution of grievances. Key changes include an integrated platform for grievance filing, reduced resolution timelines, dedicated nodal officers, and AI-powered analytics to analyze citizen feedback.
India’s Royal Orchid Hotels Limited (ROHL) has partnered with Hotelogix, a leading provider of cloud-based hospitality technology, to streamline operations across its vast portfolio of hotels. This move signifies a strategic shift towards digitalization and aims to enhance guest experiences, boost operational efficiency, and support the company’s aggressive expansion plans.
American Express Global Business Travel (Amex GBT) will participate in Citi’s 2024 Global TMT Conference, showcasing its technology-driven approach to transforming business travel management. The company aims to highlight its innovative solutions and industry-leading practices that have positioned it as a trusted partner for businesses worldwide.
Wall Street opened the week with a mixed performance, driven by rising global geopolitical tensions and strong earnings reports. While the Dow Jones Industrial Average hit record highs, technology stocks pulled down the Nasdaq 100 and S&P 500. Oil prices surged due to escalating conflicts in the Middle East and supply disruptions in Libya.
