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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
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Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
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Instead of a Threat, Canva Sees AI as a Tailwind, Says Co-Founder Cameron Adams
Gadgets 360 spoke with Cameron Adams, Co-Founder and Chief Product Officer at Canva to better understand the intricacies of the design world, how the companies look at AI, and what is the larger vision behind it. Founded in 2013, the Sydney-based graphic designing platform has recently integrated a wide range of AI tools and launched a major enterp...
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Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
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Apple Cuts Jobs in Online Services Group as Priorities Shift
Apple is cutting about 100 jobs in its digital services group. The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore.
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Sony Announces Layer-2 Blockchain ‘Soneium’ in Collaboration with Startale Labs
Sony is working with Startale Labs to create a layer-2 blockchain called Soneium. A blog published on the official site of Soneium said this blockchain is being designed on the basics of ‘open Internet’ to encourage the creation of decentralised landscape for entertainment, gaming, and finance sectors among others.
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HP Retains Top Spot as Indian PC Shipments Grow 7.1 Percent YoY in Q2 2024: Report
HP has retained its position at the top of the Indian PC market as the country witnessed a growth in shipments in the second quarter of 2024, as per a report. India has reportedly recorded a 7.1 percent year-over-year (YoY) growth in Q2 2024, noting an increase in shipment volume in all three categories — desktop, notebook, and workstation.
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Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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TRAI Aims to Tackle Call Drops Issue With Regulations; Improve Connectivity Inside Buildings
Telecom Regulatory Authority of India (TRAI) will tackle call drops in the country and aid in the growth of the telecom sector in the country, the regulator's newly appointed Chairman Anil Kumar Lahoti said on Wednesday. Lahoti's predecessor, PD Vaghela, retired last September after completing his two-year term.
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Ashneer Grover's Take On India's GDP Growth Divides Internet
Ashneer Grover said that India's GDP should be measured based on per capita income and labelled it as the "true measure of development"
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Meesho Eyes Threefold Growth in Festive Season Orders, Will Use Meesho Mall to Attract Consumers
SoftBank-backed Meesho aims for three-fold growth in orders in the upcoming festive season as it will leverage Meesho Mall for the first time to attract consumers to buy directly from brands and authorised channel partners.
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India Second Largest Phone Maker With 2 Billion 'Made in India' Shipments Between 2014 and 2022: Counterpoint
India's mobile phone manufacturing industry produced over 2 billion mobile phones cumulatively between 2014 and 2022, making it the second-largest mobile manufacturing country in the world, according to Counterpoint Research. This growth can likely be attributed to a number of factors, including the government's Make in India initiative, growing in...
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Chandrayaan-3 to Web3: Landmark Developments in India's Evolution Towards Tech Independence
The integration of technology in India is happening at a rapid pace in the fields of automation, big data, blockchain, distributed architecture, Internet of Things (IoT) among other sectors. On this Independence Day, we revisit the country's recent milestones in the fields of health tech, space tech, edtech, fintech, and other tech sectors.
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Global Video Gaming Revenue Expected to Hit $187.7 Billion in 2023 as Console Sales Rise by Over 7 Percent
The global video games market would return to growth in 2023 on the back of strong sales of consoles such as Sony's PlayStation 5, according to gaming market research firm Newzoo. The research firm said it expects industry revenue to rise 2.6 percent to $187.7 billion (roughly Rs. 15,54,231 crore) in 2023, driven by a 7.4 percent rise in console sa...
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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
-
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
-
Instead of a Threat, Canva Sees AI as a Tailwind, Says Co-Founder Cameron Adams
Gadgets 360 spoke with Cameron Adams, Co-Founder and Chief Product Officer at Canva to better understand the intricacies of the design world, how the companies look at AI, and what is the larger vision behind it. Founded in 2013, the Sydney-based graphic designing platform has recently integrated a wide range of AI tools and launched a major enterp...
-
Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
-
Apple Cuts Jobs in Online Services Group as Priorities Shift
Apple is cutting about 100 jobs in its digital services group. The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore.
-
Sony Announces Layer-2 Blockchain ‘Soneium’ in Collaboration with Startale Labs
Sony is working with Startale Labs to create a layer-2 blockchain called Soneium. A blog published on the official site of Soneium said this blockchain is being designed on the basics of ‘open Internet’ to encourage the creation of decentralised landscape for entertainment, gaming, and finance sectors among others.
-
HP Retains Top Spot as Indian PC Shipments Grow 7.1 Percent YoY in Q2 2024: Report
HP has retained its position at the top of the Indian PC market as the country witnessed a growth in shipments in the second quarter of 2024, as per a report. India has reportedly recorded a 7.1 percent year-over-year (YoY) growth in Q2 2024, noting an increase in shipment volume in all three categories — desktop, notebook, and workstation.
-
Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
TRAI Aims to Tackle Call Drops Issue With Regulations; Improve Connectivity Inside Buildings
Telecom Regulatory Authority of India (TRAI) will tackle call drops in the country and aid in the growth of the telecom sector in the country, the regulator's newly appointed Chairman Anil Kumar Lahoti said on Wednesday. Lahoti's predecessor, PD Vaghela, retired last September after completing his two-year term.
-
Ashneer Grover's Take On India's GDP Growth Divides Internet
Ashneer Grover said that India's GDP should be measured based on per capita income and labelled it as the "true measure of development"
-
Meesho Eyes Threefold Growth in Festive Season Orders, Will Use Meesho Mall to Attract Consumers
SoftBank-backed Meesho aims for three-fold growth in orders in the upcoming festive season as it will leverage Meesho Mall for the first time to attract consumers to buy directly from brands and authorised channel partners.
-
India Second Largest Phone Maker With 2 Billion 'Made in India' Shipments Between 2014 and 2022: Counterpoint
India's mobile phone manufacturing industry produced over 2 billion mobile phones cumulatively between 2014 and 2022, making it the second-largest mobile manufacturing country in the world, according to Counterpoint Research. This growth can likely be attributed to a number of factors, including the government's Make in India initiative, growing in...
-
Chandrayaan-3 to Web3: Landmark Developments in India's Evolution Towards Tech Independence
The integration of technology in India is happening at a rapid pace in the fields of automation, big data, blockchain, distributed architecture, Internet of Things (IoT) among other sectors. On this Independence Day, we revisit the country's recent milestones in the fields of health tech, space tech, edtech, fintech, and other tech sectors.
-
Global Video Gaming Revenue Expected to Hit $187.7 Billion in 2023 as Console Sales Rise by Over 7 Percent
The global video games market would return to growth in 2023 on the back of strong sales of consoles such as Sony's PlayStation 5, according to gaming market research firm Newzoo. The research firm said it expects industry revenue to rise 2.6 percent to $187.7 billion (roughly Rs. 15,54,231 crore) in 2023, driven by a 7.4 percent rise in console sa...
