TECHNOLOGY
Samsung logs worst quarter in 14 years amid memory chip glut
The world's largest memory chip and smartphone maker reported operating profit of 640.2 billion won ($478 million) during the January-March period, falling 95 percent from the 14.12 trillion won it posted a year ago.Its first-quarter net income came to 1.57 trillion won, down 86.1 percent from a year earlier. Sales fell 18 per cent to 63.74 trillion won, reports Yonhap news agency.
Microsoft rolls out Phone Link for iOS on Windows 11 with iMessage support
This new feature will allow the connection between a Windows 11 PC and an iOS mobile device, enabling users to easily connect with their contacts. However, the tech giant said that the messaging feature will be limited and session based and will only come through when the phone is connected to a PC. Initially, the company has begun a gradual rollout of the Phone Link feature to its Windows 11 customers with all users enabled by mid-May.
GitHub announces Kyle Daigle as Chief Operating Officer
Daigle is currently VP, Strategy and Chief of Staff to the CEO, working closely with CEO Thomas Dohmke. "Today, more than 100 million developers rely on GitHub and we're rapidly building the complete developer platform, secure at every step and powered by AI through the advancements of GitHub Copilot and the vision we've shared for Copilot X," said Daigle.
Elon Musk may testify under oath about his Autopilot tweets
The family of Walter Huang, an Apple engineer who died after his Tesla Model X with Autopilot engaged crashed after hitting a highway barrier, had sued Tesla in California Superior Court, County of Santa Clara. Now, a California judge has ordered Musk to "be interviewed under oath" in the case, reports TechCrunch.
Time spent on Instagram up 24% thanks to AI-driven Reels: Zuckerberg
Reels continues to grow quickly on both Facebook and Instagram. Reels also continue to become more social with people resharing Reels more than 2 billion times every day, doubling over the last six months. Reels are also increasing overall app engagement and we believe that we're gaining share in short-form video too.
EU warns Twitter over spreading disinformation, favouring Kremlin agenda
Vera Jourova, Vice-President for Values and Transparency at EU, said in a tweet that this is yet another "negative sign from Twitter on not making digital information space any safer and free from the Kremlin disinformation and malicious influence". Twitter has been confirmed as one of 19 major tech platforms subject to a centralised oversight.
Amazon shuts down health-focused Halo division, lays off employees
The company said in a blog post late on Wednesday that beginning on August 1, Amazon Halo devices, and the Amazon Halo app, will no longer function. We recently made the very difficult decision to stop supporting Amazon Halo effective July 31, 2023. We notified impacted employees in the US and Canada today.
Rakesh Jhunjhunwala portfolio's top holding is in Titan
The next most-valued holding is in Star Health to the tune of Rs 6,050 crore, followed by Metro Brands at Rs 3,326 crore and Tata Motors at Rs 2,475 crore. The other top holdings in the top 10 include Canara Bank, Indian Hotels, Federal Bank, NCC, and Fortis Healthcare.
UK blocks Microsoft's $68.7 bn Activision acquisition, tech giant to appeal
The final decision to prevent the deal comes after Microsoft's proposed solution failed to effectively address the concerns in the cloud gaming sector, outlined in the Competition and Markets Authority's (CMA) provisional findings published in February. Microsoft entered into a $68.7 billion deal to buy Activision, one of the most popular video games publishers in the world, in January 2022.
vivo launches new smartphone series 'X90' in India
The X90 Pro with a 12GB+256GB variant will cost Rs 84,999, while the X90 will cost Rs 59,999 (8GB+256GB) and Rs 63,999 (12GB+256GB) and will be available for purchase from online and offline stores starting May 5, according to the company. The X90 Pro comes in Legendary Black colour, whereas the X90 comes in Breeze.
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