Apple has a new Indian-American COO. What it needs might be a new CEO.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
9 minutes ago
- Business Standard
Apple's next-gen TV 4K and HomePod Mini 2 likely coming later this year
Apple is reportedly working to expand its smart home ecosystem with new devices expected to launch later this year. According to a report by 9To5Mac, the company is preparing refreshed versions of the Apple TV 4K and HomePod Mini, both likely to feature key internal hardware upgrades — potentially to support Apple Intelligence. While Apple was also expected to unveil a dedicated hub for its Home devices in 2025, development delays may push that launch to a later Apple Home devices: What to expectApple TV 4K:The next-generation Apple TV 4K is likely to bring notable hardware improvements over the current model. The report suggests it may be powered by either the A18 or A17 Pro chip, offering a performance leap from the A15 Bionic found in the existing model. The new chip is expected to support Apple Intelligence features, although Apple has yet to outline how these will be implemented in tvOS READ: Apple iPad Pro 2025: M5 chip to dual front cameras, check expected upgradesAnother expected change is the inclusion of a built-in camera, which could enable FaceTime support natively on tvOS. Additionally, the new Apple TV 4K may include Apple's custom-designed Wi-Fi and Bluetooth chip. According to Bloomberg's Mark Gurman, this upgrade could allow the device to integrate more tightly with other Apple home devices and improve data mini 2:Apple is also anticipated to unveil the next-generation HomePod Mini by the end of 2025. The report notes that this model could be equipped with a newer S-series chip — possibly the S9 or S10 used in recent Apple Watch models — which may allow it to handle select Apple Intelligence READ: Google adds 'AI Mode' option upfront on Android Search widget: Details hereMoreover, the HomePod Mini 2 is expected to incorporate Apple's in-house Wi-Fi and Bluetooth chip, potentially enabling support for newer wireless standards like Wi-Fi 6E or Wi-Fi 7, along with more seamless connectivity across Apple's ecosystem.
Time of India
9 minutes ago
- Time of India
LVMH said to be in talks to offload fashion label Marc Jacobs
French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs , people familiar with the matter told Reuters on Friday. The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group and WHP Global , the sources said, who asked not to be named because the discussions are confidential. Authentic Brands declined to comment on the matter while WHP did not immediately respond. Brookstone's owner Bluestar Alliance is also a suitor for Marc Jacobs, which could be worth around $1 billion, according to the Wall Street Journal, which earlier reported the news. LVMH, Marc Jacobs and Bluestar Alliance did not immediately respond to requests for comments on the WSJ report. In 2024, Bloomberg reported that LVMH was exploring strategic options for the label with advisers after receiving interest from potential buyers, though the company denied the claim at the time. Founded in 1984 by American designer Marc Jacobs, the luxury fashion brand is renowned for its eclectic, bold designs that blend high fashion with street style. In 1997, LVMH tapped Jacobs to lead the Louis Vuitton brand and acquired a stake in the designer's eponymous label. The Journal said that a deal could be finalized soon, provided talks do not fall apart. LVMH has recently been offloading some of its brands to streamline its portfolio. Last year, it sold the Off-White clothing brand, founded in 2012 by the late Virgil Abloh, to New York-based company Bluestar Alliance for an undisclosed value. Another label, Stella McCartney, earlier this year, repurchased the minority stake held by LVMH in the house she founded about five years after the luxury group bought it. McCartney, who famously does not use leather or fur, said it will continue to advise LVMH chief Arnault and the group's executive team on sustainability matters. Dealmaking in the luxury retail sector has drawn attention in Europe. Earlier this year, Prada acquired Versace from Capri Holdings, combining two iconic Italian fashion brands in a $1.4 billion deal. LVMH's second-quarter sales, which include products such as Louis Vuitton handbags, Dior dresses and Moet & Chandon champagne, came in slightly below market expectations. The company's shares rose with analysts pointing to hopes on the horizon as the group said it saw some signs of recovery in the key Chinese market. Deutsche Bank analyst Adam Cochrane said that while the second-quarter results were not "stellar," there were some "glimmers of hope." French luxury brands have been navigating prolonged market challenges, including a downturn and the potential impact of U.S. import tariffs.
New Indian Express
12 minutes ago
- New Indian Express
CM Naidu meets Indian envoy in Singapore; pitches AP as hub for green energy, defence, tech
VIJAYAWADA: During his official visit to Singapore, Chief Minister N Chandrababu Naidu met Indian High Commissioner Shilpak Ambule and showcased the State's potential as a prime investment destination. Naidu highlighted opportunities in defence, electronics, aerospace, ports, and green energy, supported by progressive policies aimed at attracting Singapore-based firms. The Indian High Commissioner praised the 'CBN Brand' for its strong reputation within Singapore's government and industrial circles. He briefed Naidu on Singapore's achievements in public policy, healthcare, green hydrogen, aviation, semiconductors, and industrial development, and noted that Singaporean companies are keen to explore investment in Andhra Pradesh. He elaborated on Andhra Pradesh's investor-friendly policies and outlined plans to generate 160 gigawatts of green energy. Key green hydrogen projects are underway in Visakhapatnam (with NTPC) and Kakinada, while India's first Quantum Valley is being developed in Amaravati. Naidu announced that Google is establishing a data centre in Visakhapatnam and positioned Rayalaseema as an emerging hub for defence, aerospace, electronics, and automobile industries. Ambule noted that 83% of Singapore's population benefits from public housing, prompting Minister P Narayana to present Andhra Pradesh's housing initiatives. IT Minister Nara Lokesh highlighted reforms in the education sector and the State's readiness to host new prestigious institutions. Ambule emphasised a growing demand for tech professionals from Andhra Pradesh in Southeast Asia and said Singapore is emerging as a hub for Indian students and skilled workers. He assured continued support from the Indian High Commission in strengthening bilateral cooperation. Singaporean firms, including STT, Keppel, CapitaLand, Equinix, and PSA are exploring investment opportunities in Andhra Pradesh across semiconductors, electronics, ports, shipbuilding, pharmaceuticals, and data centres, he noted. Discussions also touched on potential collaborations in AI, startups, medical devices, and academic partnerships between institutions in Singapore and Andhra Pradesh. Ministers Nara Lokesh, P Narayana, TG Bharath, and senior state officials were present at the meeting.
