TECHNOLOGY
Microsoft reduces Windows Store cut to 12%
These changes will only affect PC games and not Xbox console games in Microsoft's store. "As part of our commitment to empowering every PC game creator to achieve more, starting on August 1 the developer share of Microsoft Store PC games sales net revenue will increase to 88 per cent, from 70 per cent," Matt Booty, head of Xbox Game Studios at Microsoft, said in a statement.
Sony officially releases PS5 in China
The Playstation 5 console is expected to go on sale in China and it will retail for 3,899 yuan ($603) for the disc version while the digital edition of PS5 will retail for 3,099 yuan ($479). The prices are higher than those of the US which starts at $399, GizmoChina reported on Friday.
At 199M, Twitter logs 20% user growth as pandemic posts surge
The micro-blogging platform reported $1.04 billion in revenue for Q1 2021, up 28 per cent (on-year), and a net income of $68 million. The advertising revenue reached $899 million, an increase of 32 per cent.
PUBG Lite is officially shutting down
Recently, the news of PUBG Lite's shutdown was confirmed by developers Krafton via a message on its official website. "We are deeply grateful for the passion and support from the astounding number of PUBG Lite fans that have been with us. During the strenuous times of the Covid-19 pandemic, we hope that PUBG Lite was able to provide our fans a fun way to stay safe," a developer had said.
Facebook Marketplace crosses 1 bn users mark
Zuckerberg said that there are now more than 1 million monthly active shops and over 250 million monthly shops and visitors. "We are also focused on building more native commerce tools across our apps. We recently updated WhatsApp catalog, so businesses can keep them updated from their computers and to include what's in stock," Facebook CEO said on late Wednesday.
Apple wearables see 24.7% increase in sales
The company reported $7.8 billion in revenue for this category, up from $6.2 billion in the year-ago quarter. The category comprises AirPods and Apple Watch, as well as HomePod mini and other accessory devices.
iPhone 12 drives Apple smartphone sales to new levels
The iPhone performance was consistently strong across the world as Apple grew strong double digits in each geographic segment and set March quarter records in most markets. "The iPhone 12 is the most popular. But we did see very strong sales of the Pro portion of the family as well, the Pro Plus the Pro Max," Apple CEO Tim Cook said during the earnings call on Wednesday.
Vivo launches mid-range smartphone 'V21' in India
Chinese smartphone maker Vivo on Thursday unveiled a new smartphone -- V21 -- that will be available on Flipkart from May 6. The smartphone comes in two storage variants, including 8GB+128GB and 8GB+256GB priced at Rs 29,990 and Rs 32,990, respectively.
FB Oversight Board overturns move to purge post on Sikhs in India
After the Board identified this case for review, Facebook restored the content. The Board expressed concerns that Facebook did not review the user's appeal against its original decision, urging the social network "to take action to avoid mistakes which silence the voices of religious minorities".
Epic Games is keeping 'Fortnite' off Microsoft Cloud: Report
The Fortnite developer views Microsoft's xCloud service as competition to its PC offerings, and the company is deliberately not offering Fortnite on xCloud as a result. Joe Kreiner, Epic's Vice President of Business Development, was questioned over why Fortnite isn't available on xCloud and confirmed it was a deliberate choice, The Verge reported.
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