TECHNOLOGY
Paytm Founder & CEO Vijay Shekhar Sharma Assures Continuous App Functionality Beyond Feb 29
In a tweet, Sharma stated, "To every Paytmer, Your favourite app is working, will keep working beyond 29 February as usual. I, with every Paytm team member, salute you for your relentless support. For every challenge, there is a solution and we are sincerely committed to serve our nation in full compliance."
Apple Stands Firm, Chooses Not to License Masimo's Patents Despite Watch Import Ban
Despite the ban, the Apple Watch Series 9 and Apple Watch Ultra 2 remain available for purchase in the US, albeit with the blood oxygen sensor functionality disabled through software. Pre-ban models, sold before January 18, 2024, retain full blood oxygen detection capabilities.
Zuckerberg Claims Apple Impedes Rival App Stores in EU, Making It 'Very Difficult'
During Meta's fourth-quarter earnings call, Zuckerberg expressed skepticism about the impact of Apple's changes on Meta, noting, "I don't think that the Apple thing is going to have any difference for us. Because I think that the way they have implemented it, I would be very surprised if any developer chose to go into the alternative app stores that they have."
iPhone Secures Record 50% Market Share as Global Smartphone Market Revenues Experience 2% Decline
Counterpoint Research identified Apple (NASDAQ:AAPL) as the market leader, holding a 50% share of global smartphone revenues—its highest-ever for a full year. Despite double-digit declines in the non-premium segments, the premium smartphone category saw an 8% growth, driven by innovations like foldables, features such as GenAI, and notably, Apple's success.
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.
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