Key Points: The European Commission designates Apple's iPad operating system, iPadOS, as a gatekeeper under the Digital Markets Act. The decision follows the Commission's investigation into the platform's influence on business users and access to Apple's ecosystem. iPadOS joins iOS, Safari, and the App Store as designated gatekeepers, expanding the...
Key Points: Australian stocks closed higher, driven by gains in the IT, A-REITs, and Telecoms Services sectors. The S&P/ASX 200 index surged by 0.81%. Mesoblast Ltd (ASX:MSB), Star Entertainment Group Ltd (ASX:SGR), and Zip Co Ltd (ASX:ZIP) were among the top performers. Appen Ltd (ASX:APX), Nuix Ltd (ASX:NXL), and Kogan.com Ltd (ASX:KGN) were among the worst performers. 711 stocks advanced,...
Key Points: Oracle enhances generative AI capabilities to meet the growing demand for cloud computing and AI technologies. Integrating generative AI features across applications aims to improve business automation and productivity. The synergy between predictive analytics and generative AI enables Oracle to deliver innovative solutions with contextual understanding. Oracle focuses on sovereign AI solutions and government applications to capitalize on...
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