Empowering Sustainable Cloud Computing: MiTAC Delivers Energy-Efficient Server Innovations at CloudFest 2025

RUST, Germany, March 18, 2025 /CNW/ -- MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings Corp. (TSE:3706) and a leading manufacturer in server platform design, unveils its latest energy-efficient cloud and AI-driven server platforms at CloudFest 2025, Booth #H12 & H13. Featuring AMD EPYC™ 9005 Series and Intel ® Xeon ® 6 processors, these platforms highlight MiTAC's commitment to sustainable computing, optimized power efficiency, and high-performance cloud infrastructure.

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Globe and Mail

13 hours ago

• Globe and Mail

'Only Lean Teams Remaining': Intel Stock (NASDAQ:INTC) Slips as Intel Outsources Marketing

Imagine my surprise to discover that, last year, almost to the day, I made the joke that I was about to make here today. There, I pointed out a Dilbert strip that noted that cutting 'marcom', or marketing / communications, is part of a 'death spiral' for businesses. Chip stock Intel (INTC) decided to let history repeat itself nearly 11 months later by outsourcing its marketing department altogether. Intel shares dropped similarly to what happened the last time they cut marketing, and lost modestly in Friday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Back in August 2024, Intel was planning to cut its marketing department as part of a move to cut costs, a move that has only expanded with the arrival of CEO Lip-Bu Tan. And now, the cuts continue, as Intel moves its marketing operations to Accenture (ACN). As it turns out, Intel will be turning to a combination of Accenture and artificial intelligence (AI) to do the job. Worse, Intel believes that Accenture will '…do a better job connecting with customers than Intel's own marketing organization has,' reports suggest, which is absolutely not a phrase you want on your resume. The result? 'The transition of our marketing and operations functions will result in significant changes to team structures, including potential headcount reductions, with only lean teams remaining,' noted a statement from Intel. There is also a possibility that some elements of Intel's marketing will be obliged to train their replacements. Another Price Cut As bad as the news was for Intel's marketing operations, it did get better for Intel's customer base. Reports noted that Intel had once again cut prices on the Core Ultra 7 265KF processor. This is the second such cut in as many months, reports note. The processor is now not only priced at its lowest level ever, but is now 40% cheaper than it was when it first hit shelves. The downside, for those considering a processor buy, is that the F variants—of which this is one—does not include a graphics processing unit (GPU) included. Thus, those using this processor will need a separate graphics card to go with it. Still, with that kind of price cut, a better graphics card could be added to the list for about the same price, and potentially, some savings as well. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 30.88% loss in its share price over the past year, the average INTC price target of $21.30 per share implies 0.35% upside potential. See more INTC analyst ratings Disclosure Disclaimer & Disclosure Report an Issue

Cision Canada

2 days ago

• Cision Canada

LG ANNOUNCES CANADIAN PRICING AND AVAILABILITY OF 2025 TV LINEUP Français

LG 2025 OLED and QNED TVS Deliver Exceptional Picture Quality, Enhanced Brightness, Incredible Gaming Performance and AI Personalization TORONTO, June 20, 2025 /CNW/ - Today, LG Electronics Canada (LG) announced Canadian pricing and availability of its 2025 media entertainment solutions lineup, which includes its industry-leading, LG OLED evo TV lineup and the QNED series – a premium LCD TV lineup that incorporates key innovations, such as advanced AI capabilities and wireless convenience. LG is also enhancing its lifestyle category with the LG StanbyME 2 – a versatile and high-quality entertainment solution. LG OLED evo TV Lineup As the global leader in OLED TV innovation for 12 consecutive years 1, LG continues to deliver cutting-edge technology that meets evolving consumer preferences. The LG 2025 OLED evo lineup enhances the home entertainment experience with the latest AI-driven technology and AI-powered personalization through webOS. LG OLED evo G5 Powered by the alpha 11 AI Processor 4K Gen2, the LG OLED evo G5 boasts a 45% increase in brightness compared to its predecessor, the LG OLED evo G4, thanks to Brightness Booster Ultimate technology 2 and AI-driven picture enhancements. The G5 delivers stellar picture quality with enhanced brightness. It also features 'Perfect Black' and 'Perfect Colour' Certifications, 3 ensuring deeper blacks and more vibrant, accurate colours for an unmatched viewing experience. The G5 offers a personalized and convenient user experience through its webOS 25 smart platform and multiple AI capabilities. It also supports Filmmaker Mode with Ambient Light Compensation, Dolby Vision™ and Dolby Atmos®, 4 AI Sound Pro for immersive audio, as well as gaming features including 4K, 165Hz VRR, NVIDIA G-SYNC and AMD FreeSync Premium. The LG OLED evo G5 series features a one wall design with narrow bezels and flush to the wall mounting, or optional stand, and is an ideal choice for both cinematic viewing and gaming. It is available in five screen sizes (55/65/77/83/97-inch) with an MSRP starting at $3,099.99. LG OLED evo C5 The C5 series offers a captivating home entertainment experience with its remarkable picture and audio quality, boasting 'Perfect Black' and 'Perfect Colour' Certifications, 3 along with Brightness Booster technology 5 powered by the alpha 9 AI Processor Gen 8. This series also supports Dolby Vision and Dolby Atmos®, 4 utilizing AI Picture Pro and AI Sound Pro to refine visuals and create virtual 11.1.2 channel audio, while the AI Picture/Sound Wizard customizes settings based on individual preferences. Gamers will appreciate features including 4K at 144Hz, minimal input lag, VRR support and VESA's ClearMR 9000 certification for smooth visuals, all within an ultra-slim design that seamlessly integrates into almost any space. The LG OLED evo C5 TV is available in six screen sizes (42/48/55/65/77/83-inch) and has an MSRP starting at $1,699.99. LG OLED evo B5 The LG OLED B5 combines visual excellence with compelling gaming performance. With 'Perfect Black' and 'Perfect Colour' technology 3 on over 8.3 million self-lit smart pixels powered by the alpha 8 AI Processor Gen2 processor, the LG OLED B5 series is designed to create an incredible viewing experience. Like other LG OLED models, the B5 supports Dolby Vision®, Dolby Atmos®, HDR10 Pro and FILMAKER MODE™. For dynamic action and fast-paced gaming, the B5 series delivers a suite of premium gaming features, including NVIDIA G-Sync, AMD FreeSync Premium & VRR and up to 120 Hz refresh rate. Users can enjoy the B5's gaming features – no console needed – with multiple cloud gaming apps including NVIDIA GeForce NOW, and more. The 2025 B-series also leverages advanced AI features that understand and adapt to individual audio and visual preferences. By analyzing over 1.6 billion image settings and 40 million sound profiles, the AI Picture & Sound Wizard develops a personalized viewing experience tailored to the user. This experience is enhanced with the use of the LG AI Magic Remote which allows for quick and easy access to TV controls via the new AI button. AI Welcome greets users by name and provides tailored recommendations based on their preferences and viewing habits, while AI Voice ID adds convenience by recognizing individual voices, automatically switching profiles and delivering content suggestions that match personal tastes. The LG OLED evo B5 TV is available in five screen sizes (48/55/65/77/83-inch) and has an MSRP starting at $1,699.99. QNED TV Lineup Marking a significant leap forward for LCD TVs, LG's new QNED evo TVs inherit the differentiated value of LG OLED, along with various colour solutions, Mini LED technology, the latest α (Alpha) AI processor, top-tier gaming performance and the versatile award-winning webOS platform. Certified by Intertek for achieving 100 percent colour volume 5, these cutting-edge TVs reproduce rich, true-to-life colours in both bright and dark environments. With the company's proprietary Dynamic QNED Colour solution, which replaces quantum dot technology, viewers can expect outstanding depth, clarity and precision regardless of lighting conditions. LG QNED evo AI (QNED9M) The LG QNED9M, is LG's first QNED TV featuring LG's True Wireless 4K technology. Users can enjoy high-definition wireless 4K 144Hz connectivity without compromising on picture quality or experiencing delays, moving beyond the limitations of traditional wired connections 6. This innovation, previously exclusive to the top-tier OLED evo model (M Series), utilizes a separate Zero Connect Box to transmit high-definition video. The QNED evo is designed to minimize screen disconnection and deliver natural images even in a wireless setup. Additionally, it has earned AMD FreeSync Premium certification. The TV itself requires only a power cord, allowing for more convenient storage of gaming consoles and set-top boxes. The QNED9M is available in three screen sizes (65/75/85-inch) and has an MSRP starting at $2,499.99. LG QNED AI QNED85 MiniLED 4K Smart TV The LG QNED evo AI 4K TV combines cutting-edge technology to create uniquely bright, colourful images. It has a super-fast native 120Hz refresh rate, so viewers see smoother action; plus, Dimming Pro dynamically adjusts the MiniLED back lights to maintain deep black levels, enabling viewers to be fully immersed in content. Users will enjoy outstanding picture powered by the Alpha 8 AI Processor Gen2, which uses AI to detect what's playing and automatically improves the picture and sound quality. Gamers will experience real-time action with virtually no tearing from FreeSync™, VRR and GeForce NOW for cloud gaming 7. Plus, the LG Game Optimizer, Game Dashboard keeps gamers in the action. The QNED85 is available in six screen sizes (50/55/65/75/86 and new100-inch) with an MSRP starting at $1,099.99. _____________________________ 6 Wireless transmission refers to the transferring of video and audio signals between a TV screen and the Zero Connect Box. Visually lossless, based on internal test results with ISO/IEC 29170-2 and measurement results may vary depending on connection status. 7 Subscription and compatible gaming controller are required. LG QNED AI QNED80 4k Smart TV Experience radiant colour and refined detail with the LG QNED80 AI 4K TV. Powered by the α7 AI Processor Gen8, this TV delivers vivid visuals through Dynamic QNED Colour with 100% Colour Volume 5. HDR10 Pro enhances each colour for a dramatic effect, while FILMMAKER MODE™ with Ambient Light compensation adapts to surrounding lighting conditions and keeps visuals as close as possible to the director's original vision. Enjoy LG's webOS smart platform, offering personalized streaming and software updates for up to 5 years. The QNED80 is available in six screen sizes (43/50/55/65/75/86-inch) and has an MSRP starting at $499.99. Lifestyle Solutions LG's lifestyle category delivers premium, adaptable entertainment solutions designed to seamlessly integrate into diverse environments. LG StanbyME 2 Super Portable Touch Screen The LG StanbyME 2 redefines flexible entertainment and productivity with its innovative design and enhanced features. A 2025 iF Design Award Winner, the detachable, portable 27-inch screen offers users different ways to enjoy content: roll the screen around with the adjustable stand; detach it and hang it up; or use it like a tablet with the folio cover. The built-in battery in the rollable stand offers up to 4 hours of battery life 8, enabling users to enjoy content for longer. The screen can be easily charged and connected with the USB-C port and built-in USB and HDMI ports enable easy connection to external devices. Mood Maker transforms the screen into a digital photo frame and enables users to select themes that express their individual style and interests such as clock, weather, turntable and more. The LG StanbyME 2 also offers hands-free convenience with long-distance voice recognition, letting you control your content from across the room. Its versatile adjustability, coupled with its sleek design, makes it a stylish and functional addition to many spaces. The MSRP for the LG StanbyME 2 is $1,599.99. ____________________________ 8 Up to 4 hours wireless use in Eco/Low Power Mode with built-in battery. Battery life may vary by usage. Requires a minimum output of 65W or more for charging. Devices must support USB PD. Availability LG's 2025 TV and Lifestyle media entertainment lineup is now available on and at retailers nationwide. For complete product details and where to buy, visit About LG Electronics Canada Inc. LG Electronics Canada, Inc. is the Canadian subsidiary of LG Electronics Inc., a global sales innovator in technology and manufacturing headquartered in Seoul, South Korea. LG Electronics Canada, with its head office in Toronto, Ontario, is comprised of three business units - Home Appliance Solution, Media Entertainment Solution, and Eco Solution. LG Electronics Canada is focused on delivering award-winning products known for blending style and technology. These innovative products include TVs, audio solutions and portable devices, home appliances, residential and commercial air solutions, computer monitors and laptops, and industry-leading OLED and LED digital display solutions. For more information, visit

Globe and Mail

3 days ago

• Globe and Mail

New Hirings, Big Firings Give Intel Stock (NASDAQ:INTC) a Hefty Surge

Chip stock Intel (INTC) has had a fairly rough time with its employees of late, what with firing so many of them in rapid fashion. And the latest set of firings comes with some unexpected word about severance packages: there are none. Meanwhile, a few new hires are getting in on the action in a bid to turn things around at Intel. This was good enough for investors, though, who sent Intel shares on the rise nearly 3% in Wednesday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter We remember that Intel plans to lay off about one person in every five from the manufacturing division, which adds up to somewhere around 10,000 employees in total, reports noted. But, in perhaps a rougher note still, reports noted that there will be neither 'voluntary buyouts' nor 'early retirement packages' offered. Rather, Intel will be firing employees '…based on performance evaluations and strategic priorities,' reports noted. This is the third major round of layoffs Intel has posted so far in the last 12 months, reports note, and has seen everyone from top-level brass to middle management tossed out in a bid to streamline operations. But now, with the factory floor about to take a layoff with nothing more than the shirts on their collective back, the blows will hit throughout the entire operation. Not Everybody is Fired And, as we also heard previously, Intel is looking to beef up its engineering ranks to try and develop the next big things in processor development. With Intel looking to get back market share lost to several different competitors, this is perhaps the most clearly urgent course of action for Intel. Intel recently picked up three 'chip industry executives,' reports noted, who would be tasked with engineering roles, as well as networking roles, within Intel. The new hires come from substantial engineering backgrounds, serving as part of a 'flattened' leadership team. One of them will be running a newly-minted 'customer engineering center,' while another will handle development of an artificial intelligence (AI)-focused system-on-a-chip (SoC) development. The third will handle development duties on new chip architectures, helping to keep Intel in the hunt for the t op slot in the market. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 32.07% loss in its share price over the past year, the average INTC price target of $21.30 per share implies 0.44% downside risk. See more INTC analyst ratings Disclosure