What’s New Today: Apple Unveils New iPad mini with Apple Intelligence
Fast-Track Insights: MARA Obtains US$200 Million Credit Facility Backed by Bitcoin
Here’s a quick rundown of the biggest tech headlines making waves today. From the New iPad mini launch to Cochin Shipyard recruitment, let’s dive into the top tech stories of the day.
Apple has introduced iPad mini. The iPad mini is equipped with the A17 Pro chip.
This iPad mini comes with Apple Intelligence.
The company has announced that Apple Intelligence will be thoroughly integrated into iPadOS 18. It provides features for creating text and images, executing actions across applications, and leveraging personal context to make daily tasks easier.
The latest iPad mini comes with a Liquid Retina 8.3-inch screen and Apple Pencil Pro. The iPad mini boasts a 12MP wide-angle camera on the back, capable of Smart HDR 4. It employs artificial intelligence to automatically identify documents, making it easy for users to scan them straight from the Camera app.
On the front, the iPad mini features a 12MP wide-angle camera designed for taking photos from the front, with added support for the Center Stage feature.
The A17 Pro chip includes a neural engine (NPU) offering 2x faster processing speed compared to the previous version of the iPad mini. The A17 Pro delivers a 30 percent boost in CPU performance and a 25 percent increase in GPU. This offers an enhanced performance compared to the last generation iPad mini.
Venture capital funding raised by UK startups saw a significant decline in Q3 2024, according to research.
In the third quarter, British startups managed to secure about $2.9 billion in venture capital. This marks a 50% decrease compared to the previous quarter, as reported by HSBC Innovation Banking and Dealroom.
This period also recorded the lowest level of startup investment in the UK over the past five years, according to the data.
The fintech industry in the UK has been the most successful in terms of funding this year. It raised $3.3 billion, a decrease from $4.5 billion in 2023.
The UK fintech sector is back,” declared Remus Brett, general partner at LocalGlobe.
Cybersecurity job listings increased by 14% compared to the previous year, according to the Indeed report. Indeed monitored job postings and clicks from September 2023 to September 2024.
Cybersecurity job listings increased by 14% compared to the previous year, according to the Indeed report.
Indeed monitored job postings and clicks from September 2023 to September 2024.
Sashi Kumar, the Chief Sales Officer for Indeed India, believes that as our daily activities move more towards the digital world, businesses are seeking methods to safeguard their data. This led to a higher demand for cybersecurity professionals.
Sashi Kumar also adds the cybersecurity field is expanding rapidly, creating numerous employment opportunities.
The report also examined trends at the city level. It found that Bengaluru stands out as a city with the most cybersecurity job listings. Bengaluru accounts for nearly 10% of the total cybersecurity jobs.
Delhi-NCR follows it with 4%, followed by remote roles at 2.2%, and cities like Hyderabad and Mumbai each have 2%.
Cochin Shipyard Limited is hiring for the posts of Project Assistant in Commercial and Mechanical fields. Currently, there are three positions available for these roles. The maximum age limit of the candidates should not be more than 30 years old as of 25-01-2024.
The duration of employment is set at three years, which can be extended based on the project and the performance of the individual. The selection of the candidates will be based on an objective type test and a descriptive type test. Interested and eligible candidates can apply online through the official website of Cochin Shipyard on or before the last date.
AI is in the process of revolutionizing the face of industries and societies around the globe and India is not far behind in this race. According to a NASSCOM and BCG report, the Indian AI/ML solutions market might grow to US$17 billion. The survey further shows more than 5 lakh AI and data science specialists are in the country. Moreover, over 3 million developers worldwide use generative AI systems powered by Indian talent. India is, therefore, a fantastic starting point for AI leadership.
Marathon Digital Holdings (NASDAQ:MARA), a company specializing in digital asset compute, has secured a US$200 million credit facility. This line of credit is backed by a share of the company's bitcoin assets.
MARA, specializes in transforming clean and underutilized energy into economic value through blockchain technology. This credit facility could allocate these funds towards improving its operational efficiency and infrastructure.
The company has warned its investors that purchasing its securities involves significant risk. Potential investors are advised to thoroughly review the risk factors outlined in MARA's most recent annual report on Form 10-K and any subsequent filings with the U.S. Securities and Exchange Commission.
The company points out that previous financial performance does not guarantee future success, and some risks and uncertainties could affect the company's operations and financial results.