TECHNOLOGY
Meta faces $3.1 bn lawsuit in UK over exploiting users' data
Competition law expert Dr Liza Lovdahl Gormsen has brought the class-action lawsuit against Facebook's parent firm Meta at the UK's Competition Appeal Tribunal, Daily Mail reported on Thursday. The lawsuit claims that Facebook should pay its 44 million UK users compensation for the exploitation of their data between 2015 and 2019. "It is claimed this allowed the firm to generate billions in revenues from their data, while users received no monetary returns, which the claim labels an 'unfair deal', said the report.
Microsoft to review Bill Gates inquiry, sexual harassment policies
The report by law firm Arent Fox will summarise the results of any sexual harassment investigations against members of the Board of Directors and the company's senior leadership team, including the allegations that a Board committee investigated beginning in 2019 involving Microsoft co-founder and billionaire philanthropist Gates.
TikTok saw $2.3bn in consumer spending in 2021
This figure represents 77 per cent year-over-year growth from $1.3 billion in 2020, reports Sensor Tower. Consumer spending in ByteDance's short video platform reached $824.4 million in Q4 2021, more than double the $382.4 million generated during the same period in 2020. Although China remains TikTok's largest market in terms of consumer spending, its share has diminished significantly.
Tesla to accept dogecoin as payment for merchandise, says Musk
Tesla CEO Elon Musk on Friday said the electric carmaker will accept meme-based digital currency dogecoin for merchandise. "Tesla merch buyable with Dogecoin," Musk said in a tweet. Following the news, Dogecoin raced up to $0.20.
Xiaomi India records 1.38 crore clicks for 4K content in 2021
Last year, PatchWall witnessed over 2,000 crore interactions across different categories such as movies, TV shows, music and kids' entertainment, witnessing an incredible growth of 28 per cent from 2020 and 2X growth on the time spent on the platform. "Having sold over 7 million devices and continuing to be the number 1 player in the industry, we are constantly working towards introducing a plethora of smart functionalities to make our users' lives highly convenient and entertaining," said Eshwar Nilakantan, Category Lead, Xiaomi India.
OnePlus 10 Pro sold out in a second of its first sale: Report
According to the brand's account on Weibo, the batch went out in just one second, and the income was over 100 million yuan ($15.7 million), reports GSMArena. The 8GB+128GB, 8GB+256GB and 12GB+256GB variants are priced at 4,699 yuan, 4,999 yuan and 5,299 yuan, respectively.
Google calls for govt help to secure critical open-source software
Following a summit on open-source security hosted at the White House on Thursday, Google said the collaboration between government and the private sector was needed for open-source funding and management.
Twitter announces initiatives for voters ahead of upcoming elections
As the states of Goa, Manipur, Punjab, Uttar Pradesh and Uttarakhand prepare for the Assembly elections 2022, Twitter said it is committed to enabling people to make informed decisions when exercising their rights. "Twitter is what's happening, and events of political and civic significance always find a place among the conversations on the service," Payal Kamat, Public Policy and Government, Twitter India, said in a statement.
PUBG Mobile emerges as top grossing mobile game worldwide for Dec 2021
Approximately 68.3 per cent of PUBG Mobile's revenue was from China, where it has been localized as Game For Peace, followed by 6.8 per cent from the US and 5.5 per cent from Turkey, reports Sensor Tower. Genshin Impact from miHoYo was the second highest earning mobile game worldwide for December 2021 with $134.3 million in gross revenue. About 28 per cent of Genshin Impact's revenue was from China, followed by 23.4 per cent from the US
Samsung Galaxy Tab A8 arrives in India, starts from Rs 17,999
Galaxy Tab A8 will be available in three colours -- gray, silver and pink gold, starting January 17. Galaxy Tab A8 WiFi variant is priced at Rs 17,999 for the 3GB+32GB and Rs 19,999 for the 4GB+64GB variant.
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