BusinessManufacturingTechnology

Boston Scientific Boosts Annual Profit Outlook on Robust Cardiac Device Sales

Boston Scientific has elevated its annual profit projections after exceeding third-quarter estimates, driven by substantial growth in heart device sales. The company’s electrophysiology segment saw a 23.1% year-over-year surge, with its stroke prevention and cardiac rhythm technologies performing particularly well. Despite facing regulatory and tariff challenges, the medical device manufacturer anticipates continued margin expansion.

Strong Cardiac Device Performance Drives Forecast Revision

Boston Scientific has reportedly raised its full-year profit guidance following better-than-expected third-quarter results, according to recent financial reports. The medical device manufacturer’s shares increased approximately 4.1% after the announcement, reflecting positive market response to the company’s performance and outlook.

BusinessGovernmentTechnology

UK Competition Authority Designates Apple and Google as Digital Market Gatekeepers Under New Powers

The UK’s Competition and Markets Authority has designated Apple and Google as strategic market gatekeepers, citing their control over mobile operating systems and app stores. The decision marks the second set of designations under new digital competition rules that grant the regulator enhanced enforcement powers.

Expanded Digital Market Oversight

The UK’s Competition and Markets Authority has expanded its digital market oversight by designating both Apple and Google as strategic market gatekeepers, according to reports. The designation specifically targets the companies’ control over mobile operating systems, app stores, and web browsers – areas that sources indicate have created what the CMA describes as a near-duopoly in key digital markets.

AICybersecuritySoftware

Kandji Rebrands as Iru, Expands Multi-Platform Device Management Beyond Apple Ecosystem

Apple device management specialist Kandji has rebranded as Iru while significantly expanding its platform capabilities. The company now supports Windows and Android devices, enabling unified management across enterprise environments through an AI-powered security platform.

Strategic Rebrand and Platform Expansion

Apple device management and security company Kandji has undergone a significant transformation, changing its name to Iru while expanding its management capabilities beyond the Apple ecosystem, according to company reports. The rebranding reflects what sources indicate is a fundamental shift in the company’s approach to enterprise device management, now encompassing support for Windows and Android platforms alongside its established Apple device management expertise.

EnergyInnovationStartups

Startup Aims to Store Renewable Energy in Ocean Depths with Saltwater System

A new startup is adapting pumped hydro storage for ocean environments using salt concentration gradients. Sizable Energy’s technology could provide long-duration energy storage at approximately one-tenth the cost of grid-scale batteries, according to company reports.

Ocean-Based Energy Storage Solution

A startup called Sizable Energy is developing a novel approach to energy storage by adapting traditional pumped hydro technology for marine environments, sources indicate. The company recently secured $8 million in funding led by Playground Global with participation from several venture firms, according to TechCrunch reports. The technology aims to address the growing need for long-duration energy storage as renewable energy sources like wind and solar become more prevalent.