Latest news with #881
The Star
10-07-2025
- The Star
Apple readies first upgrade to its struggling Vision Pro headset
Apple Inc is planning to introduce its first upgrade to the US$3,499 (RM14,881) Vision Pro headset as early as this year, aiming to improve the performance and comfort of a device that has been slow to catch on with consumers. The updated Vision Pro will include a faster processor and components that can better run artificial intelligence, according to people with knowledge of the matter. There also will be a new strap to make it easier to wear the headset for long periods of time, said the people, who asked not to be identified because the plans haven't been announced. With the latest version, Apple is bolstering a product category that launched in February of last year – heralded then as the dawn of a new era for the company. The Vision Pro blended virtual and augmented reality in a novel way, but cumbersome hardware and a hefty price tag hurt its prospects. The pending update sets the stage for bigger changes later. Apple is working on a redesigned model for 2027 that significantly reduces the weight of the headset, the people said. The company's plans could still change and the timing may shift, they added. A spokesperson for Cupertino, California-based Apple declined to comment. The initial upgrade will use an M4 processor currently offered in the iPad Pro, MacBook Pro, iMac and other computers. That's an improvement from the M2 chip in the current headset. The M2 was first rolled out three years ago in the MacBook Air, making its use in the Vision Pro seem outdated now. Apple is also testing versions of the new device that increase the number of cores inside of the neural engine – a component for processing artificial intelligence tasks. The neural engine in the current Vision Pro includes 16 cores, a measure of processing power. These capabilities are critical for a device that relies on AI for the live processing of imagery and applications in complex virtual environments. The company is also prototyping new straps that are designed to reduce neck strain and head pain. Discomfort from the roughly 1.4-pound device has been one of the biggest complaints about the first Vision Pro. The hope is to address that problem without meaningfully reducing the weight of the hardware – at least with the first update. The current Vision Pro includes two strap options: one that sits around the back of a person's head and another that also goes over the top of a wearer's head. There have been other attempts to ease the load. A developer of masks used in sleep apnea treatment even began offering a third-party band for the device. But the issue hasn't been resolved. The Vision Pro also has suffered from a lack of compelling and exclusive apps. That's all added up to a lackluster debut for the new product category – a far cry from Apple's successful push into smartphones, tablets and watches. The company has only sold hundreds of thousands of units so far and has slowly expanded its availability. The second generation's minor changes are unlikely to make the headset a consumer hit. But they may give corporate customers a reason to consider the Vision Pro – and prod more app developers to support the technology. Later this year, Apple will roll out the headset's new visionOS 26 operating system, which includes virtual widgets and an eye-scrolling capability. More than anything, the new model is meant to keep Apple relevant in the headset market until the lighter and cheaper model – code-named N100 – will be ready in two years. Design work for that device, which Bloomberg first reported on in April, is slated to be complete next year. Apple is also developing a tethered headset designed for enterprise applications and reduced lag, Bloomberg has reported. The company had been working on Mac-connected glasses that could serve as a virtual computer monitor, but it paused work on the project – code-named N107 – several months ago. In its current from, the Vision Pro relies on so-called pass-through cameras to create an augmented reality effect. That means users can see the world around them, while still having the more immersive experience of VR. This mixed-reality approach is unlikely to be a successful formula for Apple in the long run, especially because Meta Platforms Inc. offers a rival device for much less. But the technology could lay the groundwork for products with more mainstream appeal. The goal at Apple is to eventually dominate the smart glasses category – whatever form that takes. The industry is pushing toward true AR glasses, which would superimpose data and images on real-world views. Users would see their surroundings through ordinary glass, rather than having to rely on the pass-through cameras. But this more elegant approach is a difficult technical challenge. In the meantime, Meta has a hit with non-AR glasses that can handle tasks through a voice assistant, such as recording video, making phone calls and requesting information. Apple is looking to introduce a similar device as early as the end of 2026, Bloomberg News has reported. The company is also still working on true AR glasses, with the goal of bringing a product to market before the end of the decade. Tim Cook, Apple's chief executive officer, is fixated on succeeding in this area, Bloomberg has reported. But Apple's competitors are moving quickly. In addition to offering Ray-Ban smart glasses, Meta has introduced athletic-focused versions under the Oakley brand. It's also planning its first smart glasses with a display for later in 2025. Samsung Electronics Co, meanwhile, will roll out its a headset code-named Moohan later this year. That device works similarly to the Vision Pro but is expected to be cheaper and feel noticeably lighter during use. In 2027, Meta plans to release its first true AR glasses, potentially beating Apple to market by several years. Earlier this year, Apple reshuffled the team behind the Vision Pro. The device's top manager, Mike Rockwell, left to focus on the Siri voice assistant and the headset's operating system. And the Vision Pro's software and hardware teams were broken up and put in different development groups. – Bloomberg
Yahoo
23-06-2025
- Business
- Yahoo
Sixty Six Capital Announces Conversion of Debentures
Toronto, Ontario--(Newsfile Corp. - June 23, 2025) - Sixty Six Capital Inc. (CSE: SIX) ("Sixty Six" or the "Company") announces that, at request of the holders of certain outstanding convertible secured grid promissory notes (the "Notes"), the Company has converted (the "Conversion") an aggregate principal amount of CAD$3,589,399.75, inclusive of all accrued and unpaid interest, of such Notes, into an aggregate of 59,823,328 common shares (each, a "Common Share") in the capital of the Company at a price of CAD$0.06 per Common Share. In addition, the Company has made a payment in the amount of CAD$1,440,784.42 to a holder of the Notes. Prior to the completion of the Conversion, Mr. David Rowe beneficially owned or controlled an aggregate of 71,432,845 Common Shares, 2,246,653 stock options and an aggregate US$1,176,000 (CAD2,881,568.40 based on the USD to CAD exchange rate of June 17, 2025) principal amount secured grid promissory note, inclusive of interest, representing approximately 49.07% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 56.85% on a partially diluted basis. Following the completion of the Conversion and the exercise of certain stock options held by Mr. Rowe, Mr. Rowe beneficially owns and controls, an aggregate of 97,692,571 Common Shares, representing approximately 47.05% of the Company's issued and outstanding Common Shares on an undiluted basis and on a partially diluted basis. Depending on market and other conditions, or as future circumstances may dictate, Mr. Rowe may from time to time increase or decrease his holdings of Common Shares or other securities of the Company. A copy of the early warning report will be available on the Company's issuer profile on SEDAR+ at Prior to the completion of the Conversion, Mr. Robert Keith beneficially owned or controlled an aggregate of 40,069,028 Common Shares, and an aggregate US$1,024,000 (CAD$2,148,615.33 based on the USD to CAD exchange rate of June 17, 2025) principal amount secured grid promissory note, inclusive of interest, representing approximately 27.52% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 41.83% on a partially diluted basis. Following the completion of the Conversion, Mr. Keith beneficially owns and controls, an aggregate of 75,879,283 Common Shares, representing approximately 36.54% of the Company's issued and outstanding Common Shares on an undiluted basis and on a partially diluted basis. Depending on market and other conditions, or as future circumstances may dictate, Mr. Keith may from time to time increase or decrease his holdings of Common Shares or other securities of the Company. A copy of the early warning report will be available on the Company's issuer profile on SEDAR+ at About Sixty Six Capital Sixty Six is an investment company specialising in crypto and AI assets. For more information, please visit: For more information, please contact: David RoweChief Executive Officer15 Percy StreetLondon W1T 1DSUnited KingdomTel: +44 207 1268354 Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Focus Malaysia
11-06-2025
- Business
- Focus Malaysia
Crude palm oil prices stabilise as supply concerns ease, stocks rise
THE local CPO price delivery ended the month at RM3,855/Mt with an average price of RM3,881/Mt on higher ending stocks as concerns over limited supply risks dissipated. 'Moving ahead, we anticipate that the crude palim oil (CPO) prices will remain stablised, hovering within the range of RM3,900–4,200/Mt,' said MIDF Research (MIDF) in the recent Monthly Sector Report. This is typically in line with seasonal production trends, as the pollination period ends in March and PO output is expected to recover, potentially leading to an increase in closing stock levels. CPO output in May-25 grew to 1.77 mil tonne or +3.9% year-on-year (yoy) versus prior year, supported by robust growth from the eastern estates, particularly in Sarawak (+6.4% yoy) and Sabah (+13.0% yoy). The fresh fruit bunch (FFB) received by mills inches to 9.05 mil tonne (+1.3% yoy) well supported by a decent average yield of 1.48 tonne /ha, inline with the onset of the seasonally fruitful months. Additionally, the average oil extraction rate (OER) in the mills improved to 19.89%, driven by betterset of crops across most estates. Favourable weather conditions have allowed quicker FFB evacuation activity, bringing the fruitlets with higher oil content. Looking ahead, with the end of the inter-monsoon and pollination periods, drier weather and a faster recovery in FFB evacuation activities expected from May onwards, this allows estate productivity to gain momentum, particularly in terms of harvesting and manuring activities. Note that, local CPO production is projected to reach 19.5 mil Mt in 2025 (+1.0% yoy), with the bulk of the recovery anticipated to materialise in the second half of 2025 (2H25), driven by improved set of crops and estate efficiencies. 'We opine sector's top-line to continue uptick in 1HCY25 in-line with higher average CPO price assumptions,' said MIDF. However, margins are likely to remain under pressure due to the persistent elevated cost of production, caused by higher locked in fertiliser costs of 2HCY24, coupled with elevated external FFB purchase expenses amid low mills utilisation rates. 'We are maintaining neutral call at this juncture, while CPO prices are expected to remain under pressure, production is likely to perform, leading to a ceteris paribus performance for CY25,' said MIDF. Therefore, MIDF foresees only a handful of players likely to benefit from elevated CPO prices. Hence, they recommend avoiding smaller players with significant exposure to external FFB purchases, as the aforementioned factors could risk their CPO production, particularly during the current biological tree rest environment. —June 11, 2025 Main image: Musim MAS
Yahoo
23-02-2025
- Sport
- Yahoo
Alex Ovechkin goals tracker: 'The Great Eight' is 14 away from breaking Wayne Gretzky's all-time record of 894
Washington Capitals superstar Alex Ovechkin is inching closer to an NHL scoring record that many thought was unbreakable. The 39-year-old Ovechkin is within striking distance of Wayne Gretzky's all-time NHL goals record of 894. "The Great One" scored his final goal on March 29, 1999. "The Great Eight" could very well surpass that mark 26 years later. Ovechkin entered the 2024-25 NHL season with 853 career NHL goals. He started the season off red-hot with 15 goals in 18 games. But after suffering a broken fibula in November, he missed five weeks. That time off didn't affect his goal-scoring prowess: He recorded four goals in his first five games back from injury. With 25 games remaining in the regular season, Ovechkin is currently tied for seventh in the NHL with 28 goals in 40 games. The winger scored goals No. 880 and No. 881 on Sunday against the Edmonton Oilers, getting a shot right down the middle to put him 14 goals away from surpassing Gretzky. OVI IS 15 GOALS AWAY FROM THE RECORD 🚨🚨🚨 — B/R Open Ice (@BR_OpenIce) February 23, 2025 OVI HAS HIS SECOND OF THE GAME 🤯14 AWAY, IT'S GONNA HAPPEN 😱 — B/R Open Ice (@BR_OpenIce) February 23, 2025 "It's just a matter of time, whether it's late this year, early next year, whenever," Gretzky told earlier this season about Ovechkin's chances of breaking his record. "I mean, he's a great player. He's a great goal scorer." NHL commissioner Gary Bettman said in December that he will follow Ovechkin around when he's within four or five goals of the record with Gretzky accompanying him. Ovechkin continues his chase of Gretzky's mark on Sunday when the Capitals host Connor McDavid and the Edmonton Oilers. We will track Ovechkin's race to 894 goals and beyond all season. 1. Wayne Gretzky (894)2. Alex Ovechkin (879)3. Gordie Howe (801)4. Jaromir Jagr (766)5. Brett Hull (741)6. Marcel Dionne (731)7. Phil Esposito (717)8. Mike Gartner (708)9. Mark Messier (694)10. Steve Yzerman (692) Tue, Feb 25: vs. Calgary, 7 p.m. ETThu, Feb 27: vs. St. Louis, 7 p.m. ETSat, Mar 1: vs. Tampa Bay, 12:30 p.m. ETMon, Mar 3: vs. Ottawa, 6:30 p.m. ETWed, Mar 5: at Rangers, 7 p.m. ET Fri, Mar 7: vs. Detroit, 7 p.m. ETSun, Mar 9: vs. Seattle, 3:30 p.m. ETTue, Mar 11: at Anaheim, 10 p.m. ETThu, Mar 13: at Los Angeles, 10:30 p.m. ETSat, Mar 15: at San Jose, 5 p.m. ETTue, Mar 18: vs. Detroit, 7 p.m. ETThu, Mar 20: vs. Philadelphia, 7 p.m. ETSat, Mar 22: vs. Florida, 5 p.m. ETTue, Mar 25: at Winnipeg, 8 p.m. ETThu, Mar 27: at Minnesota, 8 p.m. ETSun, Mar 30: vs. Buffalo, 3 p.m. ETTue, Apr 1: at Boston, 7 p.m. ETWed, Apr 2: at Carolina, 7 p.m. ETFri, Apr 4: vs. Chicago, 7 p.m. ETSun, Apr 6: at Islanders, 12:30 p.m. ETThu, Apr 10: vs. Carolina, 7:30 p.m. ETSat, Apr 12: at Columbus, 7 p.m. ETSun, Apr 13: vs. Columbus, 6 p.m. ETTue, Apr 15: at Islanders, 8 p.m. ETThu, Apr 17: at Pittsburgh, 7 p.m. ET No. 1: Oct. 2, 2005 vs. Columbus Blue Jackets (Pascal Leclaire) In honor of YOU the fans voting Alex Ovechkin the GREATEST goal scorer in NHL history we throw it back to his very FIRST goal in the NHL. October 5th, 2005. 🚨@Capitals | @ovi8 — NBC Sports Hockey (@NBCSportsHockey) April 1, 2020 No. 50: April 13, 2006 vs. Atlanta Thrashers (Mike Dunham) No. 100: Oct. 12, 2007 vs. New York Rangers (Henrik Lundqvist) No. 200: Feb. 5, 2009 (Jonathan Quick) No. 300: April 5, 2011 (James Reimer) No. 400: Dec. 20, 2013 (empty net) No. 500: Jan. 10, 2016 (Andrew Hammond) Best part of Ovechkin's 500th is all his teammates immediately jumping onto the ice to mob him — Pete Blackburn (@PeteBlackburn) January 11, 2016 No. 600: March 12, 2018 (Connor Hellebuyck) No. 700: Feb. 22, 2020 (Mackenzie Blackwood) No. 800: Dec. 13, 2022 (Petr Mrazek) In case you missed it (you didn't)...here's how Alexander Ovechkin became just the third player in NHL history to score 800 goals. — NHL (@NHL) December 14, 2022 2005-06: 12006-07: 12007-08: 32008-09: 32009-10: 12010-11: 12011-12: 02012-13: 22013-14: 12014-15: 02015-16: 22016-17: 22017-18: 32018-19: 32019-20: 42020-21: 02021-22: 12022-23: 22023-24: 02024-25: 1
