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Tuesday, August 27, 2024
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Financial

Armis surpasses US$200M ARR, doubling revenue in 18 months

Armis surpasses US$200M ARR, doubling revenue in 18 months, establishing itself as a global cybersecurity leader and preparing for an IPO.

Apple reaches its first contract agreement with unionised US retail employees

Apple reached a historic agreement with unionised employees at its Towson store, promising better pay, job protections, and scheduling improvements.

Apple’s Hollywood spending spree could come to an end

Apple is re-evaluating its heavy spending on original content for Apple TV Plus, aiming for more sustainable budgeting amidst industry challenges.

Meta eyes 5% stake in the sunglasses giant EssilorLuxottica

Meta may buy a 5% stake in EssilorLuxottica, signalling a potential fashion crossover with Supreme and securing its future with AR glasses.

Xiaomi records significant growth in Q1 2024

Xiaomi's Q1 2024 results show significant growth with record revenue and profits, driven by its smartphone, IoT, and smart EV sectors, as it continues to expand globally.

Lenovo reports robust growth and captures Hybrid AI opportunities in Q4 FY 23/24

Lenovo reports strong Q4 FY 23/24 growth, driven by AI advancements, with revenue reaching US$13.8 billion and net income doubling to US$248 million.