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Kuwait Times
7 hours ago
- Entertainment
- Kuwait Times
Lulu Hypermarkets launch ‘Let's Connect'
A futuristic tech festival experience in Kuwait KUWAIT: Lulu Hypermarkets across Kuwait have officially launched their much-anticipated Tech Festival, Let's Connect, running from June 25 to July 8, 2025. The festival promises unbeatable promotions, interactive experiences, and futuristic showcases tailored for tech enthusiasts of all ages. The grand inauguration took place at Lulu Qurain outlet, where some of Kuwait's most popular tech vloggers joined Lulu's top management to kick off the event. Powered by HONOR, the festival brings cutting-edge innovations and engaging activities that transform the shopping experience for Lulu customers. During the festival period, shoppers can enjoy exceptional deals on smartphones, IT gadgets, and accessories at all Lulu outlets across Kuwait. From the latest AI-enabled devices to must-have gaming gear, Let's Connect delivers the best in modern technology at unbeatable prices. A standout attraction is the Artificial Intelligence Home, an interactive zone that demonstrates how AI seamlessly integrates into daily life. Visitors can explore real-time smart connectivity through devices such as mobile phones, air conditioners, refrigerators, washing machines, vacuum cleaners, security cameras, smartwatches, and tablets—all connected in a fully functional AI-powered home setup. To elevate the excitement, Lulu is hosting a series of interactive contests and challenges. The AI-Generated Image Contest invites customers to snap a photo with Lulu Connect and transform it using AI, then post it on Instagram with the hashtag #Aiwithlulukw to enter a prize draw. The Digital Drawing Contest encourages participants to create original artwork in just 10 minutes using the HONOR Pad 9, with exciting prizes for the most creative entries. Meanwhile, gaming fans can compete in the PUBG Gaming Challenge live at the venue and earn rewards for their performance. With interactive robots roaming the aisles and multiple tech zones to explore, Let's Connect combines innovation, entertainment, and unbeatable value in a dynamic retail environment. Whether you're in search of the latest tech, eager to explore AI-driven experiences, or simply looking for a fun and futuristic family outing, Lulu's Let's Connect Festival is the place to be this summer in Kuwait. Don't miss out—visit any Lulu Hypermarket in Kuwait from June 25 to July 8 and experience the future of technology today!
Fast Company
17 hours ago
- Climate
- Fast Company
This accuracy-obsessed weather app does one thing oh so well
Whether weather is always on your radar or merely a passing front of occasional interest, having an on-demand eye on the world around you is one of the most powerful slices of sorcery you can set your sights on today. And this week, I want to introduce you to a worthwhile new weather app I recently encountered that's decidedly different from the others. It isn't meant to replace whatever weather app you're already using, whether that's the one that came preinstalled on your phone or another favorite you've found over time (maybe even one that serves up the forecast with a hilarious side of sass?). Rather, it serves one super-specific purpose—and serves it impressively well. And it might just be worth your while to keep around as a complement to whatever other weather wesource resource you're using. Be the first to find all sorts of little-known tech treasures with my free Cool Tools newsletter from The Intelligence Your personal precipitation station Most weather apps aim to do it all—to be your one-stop spot for every manner of weather info you could possibly wonder about. This week's Cool Tool is more of a specialist. It does just one extremely specific weather-related thing, but good golly, does it do it well. ➜ The app is called Precip. Any guesses about its purpose? If you said it knits you sweaters whilst preparing delightfully steamy stews, (a) excellent guess—but (b) unfortunately, that isn't correct. Precip, as perhaps might've been your next guess following sweaters 'n' stew, measures the rain and other precipitation around you. It isn't offering up a forecast like most weather apps, in other words. It's actually telling you how much moisture came down in any given area—over any time period you want. And it lets you zoom into a narrow area for supremely detailed and precise info, too, even going down as far as to a specific address. There's just one asterisk: Precip's data is limited to the U.S. and Canada, at least for the time being. (Sorry, international pals!) ⌚ If you're in one of those areas, though, it'll take you all of a single minute to start using: For the best and most robust experience, you'll want to snag the mobile app—available on Android as well as on iOS. You can also check rainfall totals by zip code on the Precip website, but you won't be able to zoom in any further to exact locations or to access any of the more advanced data. In the apps, you can search by city, zip code, or street address, and you can see rain totals from the past 12, 24, or 48 hours. You can also save specific locations and then easily track their rain totals over time. Precip offers even more info as a part of its premium subscription, for 20 bucks a year and up. But the app's free version is plenty powerful, and odds are, it'll be all you need. (That version also doesn't even seem to have any ads present, as far as I've seen so far.)
Forbes
2 days ago
- Business
- Forbes
Business Leaders Called To Align Tech Decisions With Corporate Values
Signs point to an emerging, if informal, social contact on AI deployment. With the rapid rollout of AI, corporate leaders are increasingly being called to consider the proper alignment between technology strategies and organizational purposes and values. It's a call that speaks to an informal, yet important 'social license' between companies and their stakeholders on the use of technology, and its impact on labor, among other interests. And it's a call that's been reflected in recent comments from influential religious, legal and business leaders, including Pope Leo XIV, Amazon CEO Andrew Jassy, and Wachtell Lipton Rosen & Katz Founding Partner Martin Lipton. Attention to this informal social license arose from President Joseph Biden's 2023 Executive Order on the 'Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.' This (now revoked) Executive Order identified eight specific principles on which AI development should be guided, including a commitment to supporting American workers and preventing 'harmful labor-force disruptions'. The National Association of Corporate Directors ('NACD') indirectly acknowledged the AI social license in its 2024 Blue Ribbon Commission Report, 'Technology Leadership in the Boardroom: Driving Trust and Value.' The Report called upon boards to 'move fast and be bold' with respect to AI deployment, while simultaneously acting as a 'guardrail to uphold organizational values and protect stakeholders' interests'. In a May 12, 2025, address to the College of Cardinals, Pope Leo spoke broadly about the social concerns with AI, focusing particularly on what he described as the challenges to the defense of human dignity, justice and labor that arise from 'developments in the field of artificial intelligence.' A recent article in The Wall Street Journal chronicled the long-running dialogue between the Vatican and Silicon Valley on the ethical implications of AI. Indeed, on June 17, Pope Leo delivered a written message to a two-day international conference in Rome focusing on AI, ethics and corporate governance. In his message, the Pope urged AI developers to evaluate its implications in the context of the 'integral development of the human person and society…taking into account the well-being of the human person not only materially, but also intellectually and spiritually…'. This 'alignment' concern was underscored by a recent post by the highly regarded Mr. Lipton, encouraging corporate boards to maintain their organizational values while pursuing value through AI. 'Boards should consider in a balanced manner the effect of technological adoptions on important constituencies, including employees and communities, as opposed to myopically seeking immediate expense-line efficiencies at any cost.' There certainly is little question that for many companies, generative AI is likely to have a disruptive impact on labor; that the efficiency gains expected from AI implementation could result in a reduced or dramatically altered workforce. The related question is the extent to which 'corporate values' should encompass a response to tech-driven labor disruption. Note in this regard the long-standing position of NACD is that a positive workforce culture is a significant corporate asset. A recent memo from Amazon CEO Andrew Jassy offers a positive example of how to address the strategy/values alignment challenge ‒ by being transparent with employees, well in advance, about the coming transformation and its impact on the workforce, and by offering practical suggestions on how employees can best prepare for it: Those who embrace this change, become conversant in AI, help us build and improve our AI capabilities internally and deliver for customers, will be well-positioned to have high impact and help us reinvent the company. As boards work with management to deploy AI, they should be in regular conversation on which valued-centered decisions the board must be informed, and on which such decisions they may be asked to decide, or merely advise. Such a dialogue is likely to enhance the reflection on corporate purposes and values within decisions regarding strategy and technology. Of course, that incorporation can come in many different ways and from many different directions; the Amazon example being one of them. There are no established guidelines on how leadership might approach the strategy/values alignment discussion. But there is a growing recognition that corporate values must be accommodated in some manner into the AI decision-making. Most likely, effective alignment will balance the inevitability of AI—driven workforce impact with initiatives that advance employee well-being and 'positively augment human work,' including initiatives that minimize job-displacement risks and maximize career opportunities related to AI. For as the NACD suggests, the ultimate AI deployment message to the board is that '[I]t's about what you can do, but also what you should do.'
Yahoo
2 days ago
- Business
- Yahoo
If You Invested $1000 in Leidos a Decade Ago, This is How Much It'd Be Worth Now
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries. FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks. What if you'd invested in Leidos (LDOS) ten years ago? It may not have been easy to hold on to LDOS for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Leidos' main business drivers. Founded in 1969, Delaware-based Leidos Holdings, Inc. is a global science and technology leader that serves the defense, intelligence, civil and health markets. Its core capabilities include providing solutions in the fields of cybersecurity; data analytics; enterprise IT modernization; operations and logistics; sensors, collection and phenomenology; software development; and systems engineering. During the first quarter of 2024, Leidos Holdings completed a realignment of its segment and reporting structure. Consequently, the company currently operates through the following four business segments: National Security and Digital: This business segment offers technology-enabled services and mission software capabilities in the areas of cyber, logistics, security operations and decision analytics, as well as IT operations and digital transformation programs. In 2024, this division generated revenues of $7,365 million, contributing 44.2% to Leidos' total & Civil: This segment provides services and solutions in the areas of public health, care coordination, life and environmental sciences and transportation. Its core capabilities include health information management services, managed health services, systems and infrastructure modernization, and life sciences research and development. The unit recorded revenues of $5,015 million in 2024, which accounted for 30.1% of Leidos' total revenues. Commercial & International: This unit's products include IT modernization, software solutions, mission support and logistics, Command, Control, Computers, Communications, Intelligence, Surveillance and Reconnaissance (C4ISR) technologies and services, cloud services, power grid engineering, energy modernization and security products and services. Revenues from this division totaled $2,252 million, representing 13.5% of Leidos' total revenues. Defense Systems: This unit develops and produces advanced space, aerial, surface, and sub-surface manned and unmanned defense systems. Revenues from this division totaled $2,030 million in 2024, representing 12.2% of Leidos' total revenues. Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Leidos ten years ago, you're likely feeling pretty good about your investment today. According to our calculations, a $1000 investment made in June 2015 would be worth $3,751.33, or a 275.13% gain, as of June 27, 2025. Investors should keep in mind that this return excludes dividends but includes price appreciation. Compare this to the S&P 500's rally of 192.22% and gold's return of 172.55% over the same time frame. Analysts are anticipating more upside for LDOS. Leidos Holdings' defense solutions continue to witness increased orders from the Pentagon and other U.S. allies. These contracts enhanced the company's bookings, which, in turn, led to a solid backlog of $46.30 billion at the end of the first quarter of 2025. Leidos boasts a strong financial position, which enables it to reward its shareholders with lucrative share repurchases. Our model predicts solid revenue growth for Leidos during the 2025-2027 period. Its shares have outperformed the industry in the year-to-date period. However, the shortage of labor in the aerospace and defense industry poses a threat to Leidos. Persistent supply-chain constraints might continue to affect Leidos. The U.S. government's enhanced export controls imposed on certain products and sanctions on certain industry sectors in Russia may hurt Leidos. The stock has jumped 5.55% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 6 higher, for fiscal 2025; the consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Tacta Systems Announces $75 million in Funding to Bring Dextrous Intelligence to Robots
Founded by serial entrepreneurs, Tacta is developing robotics with human-like tactile abilities for industrial and consumer applications PALO ALTO, Calif., June 26, 2025 /PRNewswire/ — Tacta Systems, a robotics company developing dextrous intelligence to give robots human-level tactile skills and spatial awareness, today announced $75 million in funding to accelerate the development of robotic solutions capable of performing complex, human-like tasks. The funding includes a previously undisclosed $11 million seed round, led by Matter Venture Partners, along with a $64 million Series A round led by America's Frontier Fund and SBVA, with participation from Matter Venture Partners, B Capital, EDBI, Sojitz Corporation, CDIB -TEN Capital, Yazaki Innovations Inc., B5 Capital, Tyche Partners and Woven Capital. Tacta's breakthrough lies in its proprietary combination of software, hardware and AI advances, along with its development of Dextrous Intelligence. As a smart nervous system, Dextrous Intelligence allows robots to sense, adapt, and manipulate the physical world with human-like precision and speed. "Enabling machines to solve complex, physical world problems is the next frontier in robotics technology," said Andreas Bibl, Co-founder and CEO of Tacta Systems. "AI models have become incredibly sophisticated in working with text and video, but much of the physical world remains incomprehensible to them. We're incredibly excited about the disruptive technology that we're developing, which will ultimately help humanity automate much of the drudgery of factory work and grueling physical labor." "Tacta is led by one of the most seasoned and accomplished Hard Tech entrepreneurs that I've ever seen," said Wen Hsieh, Founding Managing Partner at Matter Venture Partners. "The technology that they've developed in the last year-and-a-half is game-changing, and will prove incredibly valuable to both robotics and the world in the coming years. My firm and I are proud to have backed them from the very beginning." About Tacta Systems Tacta Systems is an advanced robotics company developing Dextrous Intelligence, the nervous system for robots. Its technology enables robots to perform delicate, variable, human-like tasks with flexibility, efficiency and autonomy. Founded by serial entrepreneurs, Tacta is backed by Matter Venture Partners, America's Frontier Fund, SBVA, B Capital, Sojitz Corporation, CDIB -TEN Capital, Yazaki Innovations Inc., B5 Capital, Tyche Partners, and Woven Capital. Contact Tacta@
