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The Compass AI is a revolutionary wearable that blends style and technology to help you stay organized.

In a world where it’s easy to forget details from various conversations, Compass AI acts like a personal assistant. It follows you everywhere, reminding you of what needs to get done and reminding you about urgent tasks when the time comes.

This isn’t just another tech gadget; it’s the only wearable in the world designed to make sure you never miss a thing—whether it’s a casual conversation with your spouse or a high-stakes business meeting.

Let’s discuss how it works and why it’s a must-have for busy professionals, students, and anyone who values staying on top of their daily tasks.

How Does the Compass AI Work?

The Compass AI smart wearable pairs with an app that transcribes conversations into text. Once in the app, its AI steps in to summarize the conversation, create smart reminders, and even let you ask questions about anything you’ve discussed.

Imagine this: you had a meeting last week but forgot what was discussed. No problem! Simply ask the Compass AI, “What were the key takeaways from the meeting?” and the app will pull up a summary with everything you need to remember. It’s like having a personal assistant everywhere with you.

Who Can Benefit from Compass?

Compass is designed for a wide range of users, making it a tool for everyday life. Here’s a look at how different people use it:

Everyday Conversations

Ever struggled to remember the name of a movie your friend recommended? With Compass, those days are over. The AI will store and organize your casual conversations, allowing you to ask questions like, “What movie did my friend recommend last weekend?”

Working Professionals

Meetings can be chaotic, and taking notes manually is time-consuming. With Compass, every meeting is transcribed in real-time. You can generate summaries and share them with your team. Need a reminder? The app can prompt you about important follow-ups or key tasks.

College Students

Taking notes during a lecture has never been easier. Compass transcribes everything, letting you focus on the content. After class, you can use the Compass app to draft summaries based on the material covered. You’ll never miss what the professor said about the upcoming exam again!

Networking Events

If you attend conferences or networking events often, you know how hard it can be to keep track of everyone you meet. With Compass, you can transcribe conversations and even ask the AI to help you draft a follow-up email afterward. It’s a personal CRM on the go.

Key benefits of Compass

Free Subscription

With your purchase of the Compass nwearable, you’ll get 10 hours of free transcription every month. For most users, this is more than enough to cover day-to-day conversations and meetings. However, if you need unlimited transcriptions Compass offers this for $14 per month billed annually, or $19 per month if billed monthly.

Hands-Free Convenience

One of the standout features of Compass is its hands-free functionality. Unlike other transcription apps that require you to have your phone or laptop on hand, Compass is something you can wear and forget about. It seamlessly captures conversations in real-life scenarios, whether you bump into a friend at the park or are chatting at a networking event. Just wear it, and the necklace will do the work for you. You can always view and manage your transcriptions later in the Compass app, available on both iOS and Android.

30-Hour Battery Life

Worried about battery life? The Compass wearable comes with an impressive 30-hour battery, ensuring you can use it throughout the day without constantly recharging. Whether you have back-to-back meetings, a full day of classes, or a busy networking schedule, Compass will be there to capture every conversation.

Privacy and Security

In today’s digital world, privacy is super important. You’ll be glad to know that Compass takes your security seriously. All data is encrypted both during transmission and at rest, ensuring that your information is safe from unauthorized access. Only authorized systems and personnel have access to the decryption keys, and the company follows strict security protocols to ensure your conversations stay private.

30+ Supported Languages

While English provides the best transcription accuracy, Compass supports over 30 languages, including French, Spanish and more. This makes it accessible to users across different regions and language preferences.

What Sets Compass AI Apart?

Unlike traditional transcription apps that require you to be tied to your phone or laptop, Compass is designed for on-the-go convenience. The AI features also set it apart by providing more than just basic transcriptions—you get summaries, reminders, to-do lists, and the ability to ask questions about your past conversations. This level of personalization makes Compass a standout product in the AI assistant’s space.

Final Thoughts: Is Compass AI Worth It?

In a world filled with distractions, staying organized is more important than ever. The Compass AI wearable simplifies your life by capturing, summarizing, and reminding you of the things that matter. Whether you’re a student, professional, or just someone who wants to stay on top of everyday tasks, Compass is an innovative tool that makes it easier to manage your day-to-day life.

With its affordable pricing, hands-free convenience, and powerful AI features, Compass AI is a game-changer for anyone looking to stay organized with minimal effort. Ready to remember everything? Order your Compass AI weaarable today and start capturing every detail!

Read more:
Compass AI Review: Your Personal AI Assistant in a Necklace

Nowadays, the crypto market is showing mixed trends, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding steady, while SUI is seeing huge gains.

BTC is trading around $63,600, ETH has bounced back from a key support level, and XRP is stable at $0.589. However, SUI has jumped by 65% over the last month, driven by exciting updates in its ecosystem.

Bitcoin price stability

Bitcoin is trading at about $63,600, which means it is stable. The price is moving within a range of $62,000 to $64,700. Recent data suggests that some holders are taking profits, which may be why the price is steady. There has also been a mild inflow into Bitcoin ETFs, with about $4.5 million in the market. This shows that some investors still believe in Bitcoin’s future.

Ethereum performance

Ethereum is also doing well. It bounced back from a support level of $2,595 and is now moving toward $2,630. If it can hold this support, it might rise to the next level at $2,817. However, Ethereum ETFs have faced big outflows, losing $79.3 million on Monday, the highest outflow since July, which has affected various industries including crypto betting sites like Sportsbet.io and its bettors.

XRP’s price

XRP is trading around $0.589, showing a similar lack of movement as the rest of the crypto market. If XRP can return to the important level of $0.600, it could gain momentum.

Crypto tied to U.S. financial changes

This lack of reaction shows how Bitcoin is becoming more linked to U.S. financial policies. As banks worldwide ease their rules, the crypto market may grow. Traditionally, the last quarter of the year has been strong for crypto coins, with Bitcoin and Ethereum providing average returns of 88.84% and 23.29%, respectively.

Moreover, there are also concerns about BlackRock’s Bitcoin ETF. The firm has reduced the time for on-chain withdrawals and is not showing its balance publicly. Analyst Eric Balchunas mentioned that they want to avoid spam. He explained that they would share this balance with big clients upon request but wouldn’t publish it publicly.

Meanwhile, the prediction marketplace Polymarket is looking for $50 million in a new funding round and is considering launching its own token.

SUI’s strong performance

While BTC and ETH remain steady, SUI is one of the best performers in the crypto market, making it ideal for crypto casino bettors to make a Sportsbet.io deposit. Over the past month, SUI has risen by 65%, including a 7% rise in the past 24 hours. It breaks key levels with a weekly gain of 44%.

The main reasons for SUI’s rise include:

Increased in user activity in its decentralised finance (DeFi) system, with almost $1 billion in locked value
The launch of the Mysticeti feature that speeds up transactions to just 390 milliseconds.
The opening of Grayscale’s SUI Trust to accredited investors, boosting its credibility.

As Bitcoin, Ethereum, and XRP hold their ground, SUI’s gains are a bright spot in the crypto world. The current state of the market shows both strength and potential growth.

Read more:
SUI surges as Bitcoin, Ethereum, and XRP stay stable 

UK Connect, a leading provider of technology solutions for the construction industry, revealed its suite of innovative services designed to boost team productivity, improve connectivity, and leverage the Internet of Things (IoT) for smarter construction practices.

The company’s offerings are based on the findings of the Construction Skills Network (CSN) 2024-2028 Outlook Industry Report, which identified significant challenges and opportunities in the construction sector, such as technological advancements, regional disparities, and the ongoing demand for a skilled workforce. However, despite the negative undertone, the research also identified some interesting growth opportunities.

UK Connect’s connectivity solutions are strategically designed to address these challenges head-on while empowering construction firms to capitalise on emerging opportunities. Key features include:

Seamless wireless connectivity: Reliable wireless connectivity is essential for modern construction sites to facilitate easy communication and fast data transfer. UK Connect provides all-inclusive, hassle-free Wi-Fi coverage to keep construction sites connected, allowing for efficient project management and easily accessible real-time updates.
Smart construction with IoT: IoT is the brains behind the operation, providing advanced monitoring and automation capabilities to construction sites globally. UK Connect’s IoT solutions streamline data collection, transmission, and analysis, for secure and timely insights across diverse sectors.

“We are excited to continue supplying the construction industry with these innovative solutions,” said Joe Budnar-Hunt, Chief Technology Officer at UK Connect. “Using the power of technology, we can help construction firms improve efficiency, reduce costs, and deliver projects more effectively.”

For more information, you can visit https://www.ukconnect.com/post/shaping-the-future-of-construction-insight-and-innovation.

Read more:
UK Connect Reveals Innovative Connectivity Solutions to Drive the Construction Industry Forward

Over a third (32%) of trustees of DB schemes have seen their costs rise by over 50% in the past year, according to new research from TPT Retirement Solutions, one of the UK’s leading providers of workplace pensions schemes.

In a recent survey, all 100 trustees of defined benefit (DB) pension schemes polled said they had seen an increase in running costs, unanimously seeing increases of at least 5% in the past year, with 90% finding costs had risen by over 10%. On average, trustees said they had experienced a 37% increase in running costs.

When broken down, trustees highlighted actuarial services (19%), technology and data services (19%), and covenant services (13%) as the expenses that had increased the most. Legal and administrative services (both 8%) were least often noted as the costs with the highest increase.

Beyond increasing costs, almost all trustees polled (99%) said they had found the pace of new regulations a major challenge in the past year. In particular, nearly four in ten trustees (38%) said that new ESG-related regulations rules, such as TCFD reporting, were the most challenging to deal with. The new DB Fund Code and General Funding Code were seen as the most challenging by 22% of trustees, while the same number (22%) instead consider the Pension Schemes Act 2021 as the most difficult piece of regulation to navigate.

Alongside these challenges, 29% of trustees polled viewed accessing different asset classes as a significant challenge they are facing. Almost a quarter of respondents raised pensions dashboards readiness (24%), covenant negotiations (23%), and scheme administration (23%), as major issues they currently face as a trustee.

To help overcome the challenges trustees are currently facing, TPT’s DB Connect offers a solution that enables schemes to enjoy many of the benefits of consolidation without having to change their trustee board. The offering enables schemes to retain their legal structure and trustee board, while giving them access to an integrated service proposition that can simplify processes and ease costs of administration, actuarial, and legal services with fiduciary management being provided by TPT Investment Management (TPTIM), TPT’s FCA-authorised subsidiary.

Built on the scheme consolidation model, TPT pool assets to deliver greater value with integrated responsible investing for the benefit of corporate pension schemes. Through the use of a collective fund structure which aggregate the assets of the Master Trust with those of external pension schemes, generating immediate scale benefits across a wide range of asset classes. This enables schemes to benefit from reduced fees through economies of scale, improved governance, and investment expertise.

Nicholas Clapp, Commercial Director at TPT Retirement Solutions, comments: “Our research has found trustees are finding the current regulatory and price environment very challenging. As the regulatory environment becomes more complex, costs will likely continue to increase as trustees increasingly rely on advisers to support them. An average increase of 37% in running costs is unsustainable and makes it important for trustees to assess the value for money that they are receiving. It is the perfect time for trustees to review the current operating model and to explore options to mitigate these increasing expenses. Managing running costs is particularly important if a scheme is considering run on as part of its endgame solution.

“Consolidation may prove to be a highly sought-after solution to the issues trustees are facing. We have designed DB Connect to help offer a valuable solution for trustees that can manage complex regulations and uses scale to reduce the costs of running a scheme. This can allow trustees to focus their time on looking after the strategic direction of the scheme, instead of worrying about running costs and regulatory changes.”

Read more:
DB scheme running costs surge 37% on average in the past year

London City Airport’s owners have injected £130 million in new equity to stabilise the airport’s finances amid a prolonged downturn in business travel.

The move comes as the airport struggles to recover from the pandemic, with passenger numbers still trailing pre-Covid levels.

The fresh capital has been provided by a consortium of Canadian pension funds — AIMCo, OMERS, and Ontario Teachers’ Pension Plan — and Kuwait’s Wren House. The funds are being used to cut debt, pay interest, and strengthen cash reserves, giving the airport breathing space as it prepares for refinancing talks on over £700 million of loans due in March 2026.

London City, which relies heavily on corporate travel, has lagged behind larger airports like Heathrow in its recovery. In 2023, London City welcomed 3.4 million passengers, down from 5.1 million in 2019. Despite an expected rise to 4 million passengers in 2024, this is still 20% below pre-pandemic levels.

The airport’s efforts to increase passenger numbers were also hampered by the government’s decision to block the expansion of weekend services, despite raising the annual passenger cap from 6.5 million to 9 million. Reaching this new limit is expected to be challenging without additional weekend flights.

A London City spokesperson said: “Since the pandemic, we have seen year-on-year passenger growth, with leisure travel now representing closer to 60% of the passengers through our airport. London City is a profitable company with supportive, long-term shareholders.”

This injection of funds marks another chapter in the airport’s ownership, which has included a sale by Irish property tycoon Dermot Desmond and a subsequent £2 billion acquisition by a Canadian-led consortium in 2016.

Read more:
London City Airport Secures £130m Lifeline Amid Business Travel Decline

Chancellor Rachel Reeves is facing pressure from lobbyists representing the UK’s 74,000 non-domiciled residents (non-doms) to scale back her planned tax changes, ahead of her upcoming budget.

The newly formed group, Foreign Investors for Britain, is set to meet with government officials this week to urge a reconsideration of Reeves’s proposed overhaul of the non-dom tax regime, which could include levying inheritance tax on foreign assets.

Non-doms, who are UK residents but are considered domiciled overseas for tax purposes, are currently exempt from paying UK taxes on their overseas income. However, Reeves’s proposed changes have sparked fears that wealthy non-doms will leave the UK, potentially causing a net loss in tax revenues rather than boosting the Exchequer. In 2022-23, non-doms contributed £8.9 billion to UK tax revenues.

The lobby group, which formed in June and has already met with Treasury officials, is proposing an alternative tiered tax system. This would see non-doms paying a fixed annual sum, scaled to their wealth, for a period of 15 years. Under the plan, someone with up to £100 million in personal wealth would pay an annual charge of £200,000, with those worth more than £500 million contributing £2 million annually. Currently, non-doms pay up to £60,000 a year.

Leslie MacLeod-Miller, a spokesperson for Foreign Investors for Britain, said: “We’re pleased the government is listening because this is a real issue. Britain is turning into a departure lounge, and without changes, we risk losing valuable investment and tax revenue.”

The government has so far defended the proposed changes. A Treasury spokesman said: “We are addressing unfairness in the tax system to raise revenue for rebuilding public services. The outdated non-dom tax regime will be replaced with a new residence-based regime focused on attracting the best talent and investment to the UK.”

The non-dom debate comes amid broader concerns about Reeves’s first budget, which is expected to include significant tax reforms as Labour seeks to rebuild the nation’s finances.

Read more:
Lobby group urges Rachel Reeves to rethink non-dom tax hike to prevent exodus of wealthy residents

More than 4,000 Boeing employees in the UK are facing uncertainty as the American aerospace giant prepares to cut 17,000 jobs globally, roughly 10% of its workforce.

Boeing’s UK operations, including its only European manufacturing facility in Sheffield, may be impacted by the sweeping job cuts, as the company grapples with financial challenges.

Boeing’s UK workforce is spread across 30 locations, with approximately half working on defence contracts, delivering helicopters such as the AH-64E Apache and planes like the C-17 Globemaster. The company’s Sheffield site employs 125 people who produce wing components for Boeing’s 737 aircraft, while Boeing Global Services operates maintenance facilities at Gatwick airport.

Boeing’s chief executive, Kelly Ortberg, announced the job cuts on Friday, citing ongoing financial difficulties exacerbated by production delays and worker strikes. Regulators have also slowed down Boeing’s manufacturing after a door panel incident on a 737 Max jet earlier this year. The crisis deepened after 33,000 workers went on strike in Seattle over pay disputes, causing further production halts.

Ortberg stated, “Restoring our company requires tough decisions, and we will have to make structural changes to ensure we can stay competitive.” Alongside the job cuts, Boeing has delayed the launch of its 777X jet until 2026 and will halt production of its 767 cargo planes by 2027.

While the specific impact on UK jobs remains unclear, sources suggest that job losses may be skewed toward the US. Hypothetically, if Boeing applies the cuts proportionally, approximately 400 UK workers could be affected. However, Boeing has yet to formally inform its UK employees about how they will be impacted.

The financial strain on Boeing has led to mounting pressure from airline customers, including Ryanair, which had to downgrade its passenger forecasts due to delayed aircraft deliveries. Credit ratings agency S&P has placed Boeing on “negative” watch, raising the possibility of its debt being downgraded to junk status.

Read more:
Thousands of UK Boeing jobs at risk as manufacturer plans global cuts

Growing concerns about tax increases have led nearly 30% of business owners in the UK to accelerate plans to sell their companies, according to new analysis from wealth management firm Evelyn Partners.

The survey, conducted among 500 business owners with turnovers of at least £5 million, found that 29% of respondents had sped up their plans to exit their businesses over the past year, with 23% citing fears of higher capital gains tax as a primary factor.

The findings come as the government continues to hint at tax hikes ahead of the budget on October 30. Labour leader Sir Keir Starmer has also suggested that wealthier individuals and businesses may face a heavier tax burden to help manage the UK’s challenging financial situation.

Laura Hayward, tax partner at Evelyn Partners, said that business owners are increasingly “on edge” due to concerns over potential changes to capital gains tax and inheritance tax. She noted that many entrepreneurs are looking to secure the value of their businesses before any unfavourable tax changes come into effect.

“The business environment for many owners has already been tough enough in recent years as they’ve worked to rebuild after the pandemic amidst cost-of-living pressures and high inflation,” Hayward said. “Now, with the potential for unfavourable tax changes in the upcoming budget, it’s understandable that some are looking to realise the gains of their hard work sooner rather than later.”

The analysis also coincides with a decline in both business and consumer confidence. The Institute of Directors’ economic confidence index fell sharply from -12 in August to -38 in September as business leaders expressed concerns about the tax burden. Additionally, the GfK consumer confidence index dropped from -13 in August to -20 in September, with more people reporting a less optimistic outlook on their personal finances and the economy overall.

As the budget date approaches, businesses are bracing for potential changes, hoping for clarity on how any new tax measures might affect their plans for growth, investment, or selling their businesses.

Read more:
Business owners speed up plans to sell amid fears of tax rises in upcoming budget

Iberdrola, the Spanish energy group and owner of Scottish Power, has announced a £24 billion investment to upgrade the UK’s energy infrastructure over the next five years.

This marks a doubling of its commitment to Britain and makes the UK the largest destination for Iberdrola’s global investments.

The investment will focus on enhancing the UK’s high-voltage cables, increasing the capacity of electricity transmission and distribution networks, and building new wind farms. The upgrades aim to meet the growing demand for clean energy, which is expected to rise by 50% by 2035 as the UK transitions to electric vehicles and heat pumps.

Ignacio Galán, executive chairman of Iberdrola, described the move as a “vote of confidence” in the UK, citing greater regulatory stability and clear policy direction as key factors. Keith Anderson, CEO of Scottish Power, noted that the UK’s ambitious targets to decarbonise its electricity system by 2030, combined with plans to overhaul the planning system, have provided the clarity needed for large-scale investments.

Of the £24bn, about two-thirds will be spent on enhancing the UK’s electricity grid, particularly in Scotland where renewable energy is concentrated. This will include a new subsea superhighway, the Eastern Green Link 1, connecting Torness in Scotland to Hawthorn Pit in England. The remaining £4bn will fund the construction of two new wind farms off the coast of East Anglia, set to power around one million homes.

This announcement comes ahead of the UK’s first International Investment Summit in London, where international business leaders will meet to explore new opportunities in the country. Ministers hope the summit will secure deals worth tens of billions of pounds for the UK economy.

With global concerns about missing out on investment due to competition from the US, following President Biden’s $369 billion Inflation Reduction Act, Anderson stressed that the UK’s strengths lie in offering regulatory stability, transparency, and a clear market framework for green energy projects.

Read more:
Scottish Power owner Iberdrola commits £24bn to upgrade UK’s green energy infrastructure

Annual inflation in the UK is expected to fall below 2% for the first time since April 2021, according to data anticipated to be released next Wednesday.

Official figures are predicted to show a decline in consumer price inflation (CPI) from 2.2% in August to between 1.8% and 1.9% in September, marking the first time inflation has dipped below the Bank of England’s 2% target in more than three years.

The expected drop in inflation comes as a result of falling global energy prices, the resolution of supply chain issues following the pandemic, and the impact of aggressive interest rate hikes. Annual inflation has been steadily declining since peaking at 11.1% in October 2022.

Economists suggest the September inflation figure may be even lower than the Bank of England’s forecast of 2.1%, driven by a sharp reduction in energy and oil prices last month. Analysts at Barclays suggest inflation could fall to 1.7%, while Deutsche Bank points to broader energy price deflation and dips in food, tobacco, and services costs pushing inflation down to 1.8%.

Sanjay Raja, chief UK economist at Deutsche Bank, said, “After headline CPI moved sideways in August, we expect inflation to drop to a new cyclical low in September.”

This anticipated decline in inflation will increase pressure on the Bank of England’s monetary policy committee (MPC) to consider further interest rate cuts. Andrew Bailey, the Bank’s governor, recently warned that ratesetters may need to be “a bit more aggressive” with interest rate reductions if inflation continues to weaken and the economy shows signs of slowing.

The UK economy has seen a marked slowdown in growth in recent months, with GDP stagnant in June and July, and growing only by 0.2% in August, compared to 0.7% quarterly growth at the start of the year.

Konstantinos Venetis of TS Lombard said, “Inflation is settling lower, leaving the economy struggling to maintain momentum. Evidence of a soft patch taking shape is becoming clearer, pointing to the need for a shot in the arm from looser monetary policy.”

Traders now expect the Bank to cut interest rates twice before the end of the year, potentially bringing the base rate down to 4.5%.

However, inflation is likely to rise again in the coming months, with household energy prices increasing by 10% in October and oil prices climbing due to tensions in the Middle East. Additionally, measures from Rachel Reeves’ upcoming budget on October 30, such as introducing VAT on private school fees and potential duties on alcohol and tobacco, could also push inflation back up.

Read more:
UK inflation expected to dip below 2% for first time in over three years