All the tech products we use are going to get “thinner and lighter,” Toshiba Americas President Mark Simons told Cheddar.
In tandem with that, Simons predicts that the “convertible [will] really take over and possibly even outpace the traditional clamshell product.” He says we’ll also see major shifts in the tech we wear.
All those trends will “really start to change our work life.”
Toshiba was once a prominent market leader. But in recent years, the Japanese electronics conglomerate has been losing a lot of ground to competition.
Amid problems with its U.S. nuclear business, the company had to sell off its flagship chipmaking arm. It’s also shifted away from making consumer electronics, focusing on enterprise products instead.
Simons told Cheddar that Toshiba will soon announce products that will “empower those workers who haven’t had technology in the past,” though he didn’t give away any further details on those plans.
For the full interview, [click here](https://cheddar.com/videos/toshiba-shifts-focus).
New data from the National Association of Home Builders shows that falling mortgage rates have improved homebuilder confidence and increased demand to buy homes.
About nine million people with student loans missed their first payment after the recent pandemic pause, according to data.
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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