TECHNOLOGY
Amazon Achieves Record-breaking $140 Billion in Net Sales During the Holiday Quarter
The net income for the fourth quarter of 2023 also witnessed a substantial rise, reaching $10.6 billion, in stark contrast to $0.3 billion in the fourth quarter of the previous year. The Amazon Web Services (AWS) segment saw a noteworthy 13% year-over-year increase in sales, amounting to $24.2 billion.
Meta CEO Mark Zuckerberg Issues Apology to Families During US Social Media Hearing
During the hearing, Snap CEO Evan Spiegel shared that 20 million teenagers use Snapchat in the US, with around 200,000 parents utilizing its Family Center supervision controls. Snapchat's Family Center allows parents to monitor their teens' friends and communications on the app. Approximately 400,000 teen accounts have been linked to a parent's account through Family Center.
Meta's Threads Surges into Top 10 as Downloads Tripled in December; X Drops to No. 36
Despite experiencing a decline in daily downloads from September to the end of the year, Threads saw a resurgence in growth in December. The app had an impressive launch, with 100 million people registering within its first five days.
Samsung Galaxy S24 Series, Proudly 'Made in India', Now Available for Sale
The 'Made in India' Galaxy S24 series comes with features like Live Translate, Interpreter, Chat Assist, Note Assist, and Transcript Assist.
TCS Secures a 15-Year Deal from UK Insurance Provider Aviva
While the deal size was not disclosed, reports suggest it could be over $500 million. Aviva's CEO, Doug Brown, emphasized that the extended partnership aims to improve customer service, simplify operations, and support growth ambitions.
Microsoft Enhances Security Measures for AI Tool Generating Taylor Swift Deepfakes
A Microsoft spokesperson stated that the company is actively investigating these reports and taking appropriate action to address them. Microsoft's Code of Conduct explicitly prohibits the use of its tools for creating adult or non-consensual intimate content, and repeated violations may result in the loss of access to the service.
1st human gets brain implant from Neuralink, recovering well, says Elon Musk
Founded by Elon Musk in 2016, Neuralink is a neurotechnology company with a mission to establish direct communication pathways between the human brain and computers.
Apple App Store Changes as 'A Step in the Wrong Direction', Criticizes Microsoft
These modifications, unveiled prior to the EU Digital Markets Act (DMA) in March, mandate developers utilizing third-party app stores to remit 0.50 euro for each annual app installation after reaching 1 million downloads.
Samsung's Next Move in India: Manufacturing Laptops After the Success of Made-in-India Galaxy S24
The move to manufacture laptops aligns with Samsung's commitment to strengthening its manufacturing presence in India, with preparations already underway.
Impressive Growth: iPhones Surge 28%, Capture Over 6% Market Share in India in 2023
The growth is attributed to the premiumization trend in India, with the iPhone 15 benefiting from this trend. The continued significance of older generation iPhones, including the iPhone 14 and 13 series, is seen as a result of Apple's affordability initiatives and targeted retail strategies that appeal to a broader spectrum of Indian consumers.
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