This presentation discusses latches and counters. It defines a latch as an electronic circuit with two inputs and one output. There are four main types of latches: SR, D, JK, and T. SR latches can be made from NOR gates and have two states, set and reset. Counters are digital devices that cycle through predefined states based on input pulses. There are two main types of counters: synchronous counters which use a clock signal to change states, and asynchronous counters where states change independently of a clock. Examples of practical uses of counters include appliances like microwaves and washing machines that count time.