TECHNOLOGY
Apple now has 825 mn paid subscriptions across Services
The iPhone maker said that its Services revenue reached $19.8 billion -- a 17 per cent increase (year-over-year). Apple's Services category includes App Store, Apple TV+, Apple Music, cloud services. During the last 12 months, the company generated $75 billion in Services revenue.
Apple beats grim macro mood, stock falls; Cook warns on supply chains
Stocks fell nearly 4 per cent in extended trading after initially rising. Apple Chief Financial Officer, Luca Maestri warned of several challenges in the current quarter, including supply constraints related to Covid-19, that could hurt sales between $4 and $8 billion. Apple also warned that demand in China was being hurt by Covid-related lockdowns.
Meta up on back of good Q1, defies worries on EU digital markets act
Facebook changed its name to Meta in October 2021, reflecting CEO Mark Zukerberg's faith in a future of working, playing and studying in a virtual world. Shares have lost nearly half their value in 2022. Key metric Daily Active Users, which declined in the previous quarter for the first time, bounced back a bit from 1.93 to 1.96 billion.
Apple is now assembling iPhone 13 in Brazil
According to 9to5Mac, a user recently bought an iPhone 13 in Brazil and, to his surprise, the box indicates that the product was "Assembled in Brazil". The model number, MLPF3BR/A, confirms that the device was indeed assembled in the country, as the units sold in Brazil that are imported from China have the identifier "BZ/A" instead. However, for some unknown reason, it seems that only the 6.1-inch iPhone 13 is being assembled at Foxconn Brazil, located in Jundiai, Sao Paulo.
Meta says experiencing good ad impression growth in India
In Q1 2022, Meta's family of social media properties delivered 15% more ad impressions. However, the average price for each of those ads was down 8% year-over-year. David Wehner, Chief Financial Officer of Meta, said during the earnings call that the Asia-Pacific region benefited from strong demand in products like Click-to-Messaging ads.
You can now ask Google to remove personal info from Search results
Google Search currently allows people to request the removal of certain content, with a focus on sensitive content that can cause direct harm to them. "Under the policy expansion, people can now request removals of additional types of information when they find it in Search results, including personal contact information like a phone number, email address, or physical address," Michelle Chang, Global Policy Lead for Search at Google, said in a statement late on Wednesday.
WhatsApp giving cashback for making digital payments in India
The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp. "We are running a campaign offering cashback incentives in a phased manner to our users as a way to unlock the potential of payments on WhatsApp," a company spokesperson told IANS.
Zuckerberg bets big on short-video app Reels, metaverse
The social network which now has 1.96 billion daily active users (DAUs), up from 1.92 billion last quarter, said that short-video content is the next big thing. "Short-form video is the latest iteration of this, and it's growing very quickly. Reels already make up more than 20 per cent of the time that people spend on Instagram.
Spotify's premium subscriber base hits 182 mn in Q1 2022
The company said its monthly active users (MAUs) went up 19 per cent year-on-year to 422 million -- up from 406 million last quarter and above its guidance by 4 million. "We delivered another strong quarter building on momentum from 2021. Grateful for the tireless work of the @Spotify team on behalf of creators and listeners around the world," tweeted Daniel Ek, CEO of Spotify.
Samsung unveils T7 shield portable SSD in India
The T7 Shield is the newest addition to the Samsung T7 Portable SSD family that includes the T7, a daily driver that provides incredibly fast speeds in a sleek design, and the T7 Touch, a PSSD with a built-in fingerprint sensor for enhanced data protection. "The T7 Shield Portable SSD offers extensive compatibility, enabling consumers to use the new SSD on multiple devices including PCs, Android Smartphones and Gaming Consoles," Puneet Sethi, Vice President.
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