Technology
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AWS now has $79 bn annual sales run rate as top Cloud provider
New Delhi: Amazon Web Services (AWS), the Cloud arm of Amazon, now represent an annualised sales run rate of nearly $79 billion that has made it the leading Cloud provider once again.…
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PhonePe reaches amicable settlement with Affle Global to acquire OSLabs
Singapore: PhonePe Pte.Ltd., India’s leading digital payments platform announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL Pte. Ltd. and…
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BGMI game no different from Tencent-run PUBG, India ban welcomed
New Delhi: As the Indian government ordered Google and Apple to block the Battlegrounds Mobile India (BGMI) gaming app from their respective online stores, non-profit organisation Prahar on Friday welcomed the move,…
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Apple now has over 860 mn paid subscriptions across services
San Francisco: Tech giant Apple has announced that it now has over 860 million paid subscribers across all of its services, which includes Apple Music, Apple TV+, Apple News, iCloud, and more.…
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iPhone revenue reaches $40.7 bn despite headwinds in June quarter
New Delhi: Riding on the iPhone 13 series, Apple saw its iPhone revenue jump 3 per cent to a record $40.7 billion in its June quarter. The iPhone growth was achieved “despite…
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Twitter to raise price of ‘Blue Subscription’ service by 66%
San Francisco: Microblogging site Twitter has confirmed that it is raising the price of its premium subscription service, Twitter Blue, from $2.99 to $4.99 monthly — a 66 per cent increase. In…
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LG Electronics posts 12% drop in profit on weaker demand
Seoul: LG Electronics on Friday said its second -quarter operating profit decreased 12 per cent (on-year) amid rampant inflation that hurt consumer demand for TVs and other home appliances. Its operating income…
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Elon Musk says ‘media is click-seeking machine’
San Francisco: Amid several media reports appearing on Elon Musk’s activities, the tech billionaire has called media “click-seeking machines”. On Twitter, Musk criticised the media, which came after the Wall Street Journal…
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Twitter says 9 in 10 Indians use its platform while streaming content
New Delhi: Nine in 10 Indians use Twitter while watching TV or streaming content as they turn to the platform for trailers, highlights and latest news about TV shows, the micro-blogging platform…
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Apple ropes in Lamborghini executive to help boost EV programme
San Francisco: With an aim to boost its electric autonomous vehicle programme, tech giant Apple has onboarded a veteran Luigi Taraborrelli of car maker Lamborghini, media reports say. According to Taraborrelli’s LinkedIn…
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Samsung logs record $8.5 bn profit on server chips, warns of market uncertainties
Seoul: Samsung Electronics on Thursday reported its second-quarter net profit of $8.5 billion, up 15.2 per cent from a year earlier, on the back of robust demand for server chips. Operating profit…
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Rivian bids goodbye to nearly 800 employees: Report
San Francisco: With an aim to ramp up future versions of its electric vehicles, electric car maker Rivian has confirmed that it is laying off around 6 per cent of its 14,000…
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Qualcomm sales up 37%, mobile biz crosses $6 bn riding on Snapdragon chips
New Delhi: Chip-maker Qualcomm has reported a 37 per cent rise in its revenue in the June quarter despite challenging macro-economic environment, announcing the extension of its patent license agreement with Samsung…