Financials, tech stocks drive Australian market higher

(Reuters) – Australian shares settled higher on Tuesday for the seventh straight session, as financials jumped on some economic optimism and dividend hopes, and technology stocks tracked Wall Street higher.

FILE PHOTO: Pedestrians are reflected in a window displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 13, 2018. REUTERS/David Gray

The S&P/ASX 200 index .AXJO rose 1% to 6,195.70, adding about 7% during the seven sessions of gains through Tuesday.

Financials .AXFJ closed 1.7% higher, after having hit their highest level since Aug. 12 earlier in the session, with the “Big Four” banks adding between 1.7% and 3.3%.

“There are some signs that there is a bit of optimism for the economy moving forward, and that’s helping banks have a pretty good run,” said James Tao, a market analyst at CommSec.

Last week, the Australian government pledged billions in tax cuts and measures to boost

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Apple and Amazon drive rally on Wall Street

(Reuters) – Wall Street ended sharply higher on Monday, fueled by expectations of a coronavirus relief package and by a rally in Amazon, Apple and other technology stocks ahead quarterly earnings season.

Apple Inc jumped 6.4%, adding $128 billion to its stock market value, ahead of an event on Tuesday, when it is expected to unveil its newest iPhones.

Amazon rallied 4.8% ahead of its annual Prime Day shopping event on Oct. 13 and 14. Microsoft jumped 2.6%, helping lift the S&P 500 information technology index 2.7%.

The S&P 500 was about 1% below its record closing high from Sept. 2, nearly recovering from most of a 9% pullback last month.

“Apple is crushing it. There’s some euphoria around the name,” said Phil Blancato, chief executive of Ladenburg Thalmann Asset Management in New York. “The market leaders are once again the tech names, supported by the fact that the economy

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Gaming will be a frontline in China’s censorship drive | Opinion

Rob Fahey

Contributing Editor

Friday 9th October 2020

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On the scale of grand industry scandals, a few short phrases being censored in the in-game chat client of a free-to-play RPG seems like it ought to be in real “storm in a teacup” territory.

Indeed, it’s deeply unlikely that very many of the millions of players of Genshin Impact — a Breath of the Wild inspired RPG for PC, PS4 and mobile, which is quickly shaping up to be one of the most internationally successful titles to have been developed in mainland China thus far — will ever really notice that the game does the text equivalent of bleeping them out should they choose to mention places like Taiwan or Hong Kong, or a number of other phrases, some of them surprisingly innocuous. Even among those who do notice, the vast majority will shrug it off; it’s not

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When Technology And Storytelling Drive Empathy

This week Lenovo, championed by Girl Up, the gender equality initiative of the United Nations Foundation (UNF), and filmmaker Ava DuVernay, launched New Realities – a project celebrating women through women and technology to showcase and solve global social issues and drive empathy. 

“I was honestly blown away by the stories of these ten young women. I was not sure what to expect, going into this project. Still, I was truly amazed by the power to drive change these women have shown,” said Dilip Bhatia, Lenovo’s Chief Experience Officer during our conversation about New Realities. 

Captured over the last four months using 360-degree storytelling, New Realities records the experience of 10 women in 10 different countries (Brazil, China, France, Germany, India, Italy, Japan, Mexico, the

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Brazilian Conversational Commerce Firm Take Raises US$100m To Drive International Expansion

Brazilian technology company Take has raised a US$ 100 million round from private equity fund Warburg Pincus to support its international expansion plans. The deal, announced on Wednesday (7) sees the investor acquiring a relevant minority stake in the company in what is one of the largest Series A rounds that have taken place in Brazil.

Headquartered in Belo Horizonte, capital of the Brazilian state of Minas Gerais, Take develops a software-as-a-service (SaaS) offering that enables companies to communicate with their customers via apps such as Facebook Messenger and WhatsApp. The model evolves the traditional customer relationship management framework into what it defines as “conversational commerce”, whereby firms maintain an ongoing dialog with their customer base.

Take’s technology uses tools such as artificial intelligence and data analytics to allow companies to not only service their customers and seamlessly

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Seagate Introduces HAMR HDDs, CORTX And Lyve Drive Rack

Seagate’s latest DataSphere event allowed the company to talk about their shipping 18 TB HAMR HDDs and soon to come 20 TB drives as well as their CORTX open source intelligent object storage software. CORTX software is used on the Lyve Drive Rack for up to 1.7 PB of object storage.

According to recent data from Wells Fargo analyst Aaron Rakers using data from Trendforce and TrendFocus, enterprise solid state drives (SSDs) generally cost $185/TB and nearline hard disk drives (HDDs) cost about $19/TB, so enterprise SSSDs have a 9.7X price premium in $/TB, that has been relatively constant, as shown below.  This disparity in prices for storage capacity is the primary reason that mass storage in data centers uses high capacity HDDs.

Seagate Technology’s primary business is

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MST Solutions Doubles Down on Culture and Innovation to Drive Next Wave of Growth

The digital services company realized record results amid rapid shifts in the industry

The second quarter introduced seismic shifts in the health care, public sector, and manufacturing industries, and MST Solutions, Arizona’s leading Salesforce CRM and marketing automation consulting partner, quickly responded to meet the new demands of these sectors by introducing a new licensing solution, and two Salesforce solutions. As a result, the company has reported better than anticipated Q2 growth and beat its first-half goals by double digits.

The MST Licensing Solution for Salesforce, an all-in-one cloud platform built specifically to allow licensing organizations to automate licensing, permitting, and enforcement processes, and support virtual operations, was introduced at a pivotal time when many organizations were forced to halt in-person services. However, most were not set up to go virtual as they still relied heavily on paper-based, manual processes. The cloud-based Licensing Solution alleviated this reliance and enabled a

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Windows 10: This handy new feature will warn if your drive is about to fail

Windows 10 will soon alert users if their SSD is at risk of breaking down, and advise them to backup their data pronto.

6-istock71807779medium.jpg

Microsoft wants to make sure you don’t end up looking like this guy.

Image: Getty Images/iStockphoto

We’ve all been in the unfortunate situation of desperately trying to recover important data from a storage drive that’s met an untimely end. Fortunately, Microsoft is now working on a new feature that will help warn users of an impending drive failure before the dreaded event occurs.

The new feature comes packaged as part of the latest
Windows 10

Insider Preview Build 20226, and is designed to detect hardware abnormalities for NVMe SSD and provide a heads-up when it detects a risk of imminent failure. If a problem is detected, Windows will provide a notification recommending that users immediately back up their data – immediately being the key word, here.

SEE: 

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Drivers are More Likely to Wear a Mask Than Drive Without Using a Cell Phone, According to Survey From National Safety Council and TRUCE Software

Drivers are More Likely to Wear a Mask Than Drive Without Using a Cell Phone, According to Survey From National Safety Council and TRUCE Software

PR Newswire

ITASCA, Ill., Oct. 6, 2020

During the 10th anniversary of Distracted Driving Awareness Month, NSC and TRUCE find far too many risky behaviors – and an unwillingness to let them go

ITASCA, Ill., Oct. 6, 2020 /PRNewswire/ — According to a survey released today by the National Safety Council and TRUCE Software, drivers remain persistently unable to disconnect behind the wheel, even 10 years after Distracted Driving Awareness Month brought increased attention to a persistent roadway killer, and nearly all states have some form of legislation prohibiting certain types of distractions.

The National Safety Council is dedicated to eliminating the leading causes of preventable death and injury focusing our efforts on the workplace, roadway and impairment. (PRNewsfoto/National Safety Council)
The National Safety Council is dedicated to eliminating the leading causes of preventable death and injury focusing our efforts on the workplace, roadway and impairment. (PRNewsfoto/National Safety Council)

In the survey

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Encrypted USB flash drive you can unlock with your smartphone (or Apple Watch)

There are a lot of encrypted USB flash drives out there. You plug them in, and either there’s an on-screen popup that asks for your passcode, or some sort of physical keypad that is used to gain access.

But what about transferring the unlocking mechanism to another device — such as a smartphone, or your Apple Watch?

This is exactly what the iStorage datAshur BT hardware encrypted USB flash drive does.

Must read: iOS 14.0.1: The battery and connectivity woes continue

Visually, the iStorage datAshur BT looks like any other USB flash drive. A very high quality one — the exterior looks like it is made from polished obsidian. In reality, I think it is an epoxy. It’s tough, gives the drive a water- and dust-resistant rating of IP57 (protected against damage from dust ingress, and water resistant to 1 meter), and there’s a cap that protects the USB-A business

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