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Investopedia
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Apple (AAPL) has received approval from the Food and Drug Administration (FDA) for all of its newest range of health features for its smart devices, which were announced during last week's launch event that also included the new iPhone 16.
The approval is for the sleep apnea detection feature in Apple's watchOS 11, the newest version of the software that runs its smartwatches and launches Monday. The sleep apnea feature will be usable on the Apple Watch Series 9 and Ultra 2, along with the Series 10 that was announced during last week's event.
The feature will monitor the movement of a user's arm for "small movements at the wrist during sleep that are associated with interruptions in normal respiratory patterns," as disruptions to breathing while asleep are the main symptom of sleep apnea, Apple said. The feature will monitor the movements on a monthly basis, and notify the user if it detects signs of potential sleep apnea, with information that can be taken to a medical professional to determine if a sleep apnea diagnosis is accurate.
Earlier this year, Apple's rival Samsung received FDA approval for its Galaxy Watch sleep apnea detection feature.
Last week, the FDA approved the first over-the-counter (OTC) hearing aid software device for use in Apple AirPods Pro.
Apple stock was down 3% at $215.82 Monday afternoon, as analyst reports about disappointing pre-order data for the iPhone 16 weighed on the tech giant's shares.
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Instablog9ja
1 h
13
Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested five suspected illegal Chinese miners at Ndito-Eka-Iba village, in Ibieno Local Government Area of Akwa Ibom State.
EFCC in a statement said the five alleged illegal miners were arrested by the “Special Task Force on illegal Mining” at the Commission’s Zonal office in Uyo, following credible intelligence on the illegal activities of foreign mining companies within Eket and Ibieno Local Government Areas of the state.
The arrested Chinese suspects are: Zhon Qinping arrested on September 10, 2024 at Ibieno Local Government Area, while Li Yi, Xie Bin, Chen Mou Zhou and Chen Zeng were arrested on August 29, 2024 at the same location.
They were all arrested at an illegal mining site of a mineral suspected to be ilmenite, a titanium-iron oxide mineral.
#Instablog9jaNews #Information #Awareness #StayUpdated
Investopedia
1 h
15
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Bausch + Lomb (BLCO) shares popped Monday following a report that the eyecare company is considering a sale.
The contact lens producer is working with Goldman Sachs (GS) on a deal that would see it separated from its severely indebted parent Bausch Health Cos. (BHC), the reported Saturday. Bausch + Lomb was spun off from Bausch Health in 2022.Bausch + Lomb’s enterprise value including debt was at just over $10 billion as of the market close Friday, the report said.
Bausch Health has $21 billion in debt following a string of takeovers, with $10 billion coming due by the end of 2027, the report added.
However, since Bausch + Lomb is a key revenue-generating subsidiary, the parent firm would have to pass a solvency test before a sale of the contact lens producer can be approved.
In July, Bausch Health pushed back against a research firm's report saying it was mulling bankruptcy options.
Shares of Bausch + Lomb rose nearly 14% intraday Monday, and Bausch Health stock climbed 6%.
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Investopedia
2 hrs
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Target (TGT) on Monday announced the dates for its fall Circle Week savings event and said it plans to hire roughly 100,000 seasonal employees across its stores and warehouses.
The retailer said it plans to offer discounts as part of its Circle Week promotion Oct. 6 through Oct. 12, including a "deal of the day" program with one-day-only deals. The one-day deal program will also come back starting Nov. 1, with sales running through the end of the holiday season for Target Circle members.
Target is starting its seasonal hiring process later this month, with plans to hire 100,000 employees across the company's retail locations and supply chain facilities. The retailer said more than half of last year's seasonal hires were offered full-time roles once the holiday season ended.
The October sales event will be Target's second Circle Week of the year, as Target and other retailers have launched sales events to compete with Amazon's (AMZN) Prime Day in the summer and Prime Big Deals Day in the fall. Aside from noting that it will return in October, Amazon has not said specifically when this year's Prime Big Deals Day will take place.
Target shares were up about 0.8% at $152.64 in early trading Monday following the news and have gained about 7% so far this year.
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Instablog9ja
3 hrs
14
In a move to combat Nigeria’s escalating food shortage, President Bola Tinubu has given each of his ministers 1,200 bags of rice.
The Minister of Solid Minerals Development, Dr Dele Alake, in a statement on Sunday said that the rice is intended as palliatives for only the aged in the state.
According to the minister, “Following the decision of the Presidency to respond to the yearnings of the Nigerian people to make more food available at the grassroots, 1,200 bags were made available to each minister to further supplement the established channels of distribution such as state governments and civic organisations.
We need to reach out to our aged fathers and mothers at times like this to demonstrate the Omoluabi values of taking care of the old in the community.
In the spirit of inclusion, it is important that we channel this intervention to mainly elderly citizens who do not have the strength to compete for welfare goods such as these at the established centres. We have taken their inventory and we are delivering to them.
Subsequent interventions will target other segments of the populace such as widows, orphans, persons living with disabilities and students in higher institutions of learning.”
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Investopedia
3 hrs
12
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Fans of football and award shows were able to breathe a sigh of relief over the weekend, as DirecTV and Disney (DIS) agreed to a distribution deal Saturday, bringing Disney-owned channels back to DirecTV subscribers.
The timing of the agreement meant that roughly 11 million Americans had access to ESPN, ABC, National Geographic, and other channels returned ahead of college football, Sunday's Emmy Awards broadcast, and Monday Night Football featuring the Philadelphia Eagles and Atlanta Falcons.
As part of the new contract, DirecTV will be able to offer subscribers access to genre-specific packages like sports or family programming through Disney's channels, along with access to Disney's streaming services in Hulu, Disney+, and ESPN+.
“Through this first-of-its-kind collaboration, DIRECTV and Disney are giving customers the ability to tailor their video experience through more flexible options," the companies said in a statement. "DIRECTV and Disney have a long-standing history of connecting consumers to the best entertainment, and this agreement furthers that commitment by recognizing both the tremendous value of Disney’s content and the evolving preferences of DIRECTV’s customers."
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