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Apple Losing Over $1 Billion a Year on Apple TV+ Streaming Service: Report
Apple spent more than $5 billion (roughly Rs. 43,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million (roughly Rs. 4302 crore) last year, the report said.
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Nothing Phone 3a Series Price in Europe Leaked Ahead of Launch Next Month
Nothing Phone 3a series is set to launch on March 4 with two models — the Phone 3a and the Phone 3a Pro. Nothing has been hyping up the phones ahead of its anticipated debut. Meanwhile, the pricing of the phones in select European regions has been leaked. The base model in the lineup is said to get a price hike by almost EUR 20 (roughly Rs. 1,800...
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Samsung Topped Global TV Market in 2024, LG Led OLED TV Segment: Report
Samsung announced that it led the global TV set shipment market in 2024 on Tuesday. The information was based on a recent report from a market research firm. With this, the South Korean tech giant has secured its top position for the 19th consecutive time, a title it has held since 2006. Separately, LG announced that it topped the OLED TV market sh...
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Netflix Hikes Prices in Some Countries After Record Subscriber Gains
Netflix sought to capitalise on its galloping popularity by raising prices in the US, Canada, Portugal and Argentina as it spends more on programming. In the US, the company's ad-supported service will cost $7.99 (roughly Rs. 690) a month, up from $6.99 (roughly Rs. 605), while the premium package will cost $24.99 (roughly Rs. 2,163), up nine perce...
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Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
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GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
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Samsung Galaxy Z Flip 6 Price Leaked; Tipped to Be Pricier Than Galaxy Z Flip 5
Samsung usually unveils new foldables in the second half of the year and this year's second Galaxy Unpacked event is expected to take place on July 10. As we are inching towards the rumoured launch date, speculations surrounding the features and specifications of the Galaxy Z Fold 6 and Galaxy Z Flip 6 are heating up. As per a new leak, the startin...
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OpenAI Partners Up With Reddit to Bring Its Content to ChatGPT and New AI Products
OpenAI and Reddit have entered into a partnership which will see the artificial intelligence (AI) firm getting access to Reddit’s real-time data for ChatGPT and any new AI products the company launches in the future. Reddit will also be able to leverage OpenAI’s technology to bring AI-powered features to its platform. Notably, the social media ...
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Binance Plans to Get India Ban Revoked, Working on Compliance Mandates: Report
Binance is looking to re-enter the Indian market, but this time as an entity registered by the Financial Intelligence Unit (FIU). The exchange is also reportedly gearing up to pay $2 million (roughly Rs. 16.7 crore) to the Indian government in penalties.
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Apple Negotiating Deals With Publishers to Train Generative AI Systems on News Content: Report
Apple is exploring deals with major news and publishing organisations in recent weeks, as the iPhone maker seeks permission to use material from their news archives to train its generative artificial intelligence systems, according to a report in the New York Times. The firm has reportedly floated multiyear deals worth at least $50 million (roughly...
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Web3 Gaming Market to Churn Over $614 Billion by 2030, Role Playing Games to Lead Sector: Report
The blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years, a report by Fortune Business Insights has forecasted. Dapper Labs, Sky Mavis, Animoca Brands, WAX, and Illuvium have been named in the report as key players in the global Web3 gaming market.
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Dell Forecasts Yearly Revenue to Reach Up to 91.5 Billion Amid AI Boom, Recovering Demand for PCs
Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump.
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Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report
A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...
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iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report
iPhone 15 Pro models will reportedly come with a higher price tag than the ongoing models. The iPhone 15 Pro will reportedly cost up to $100 (roughly Rs. 8,000) more than the iPhone 14 Pro whereas the iPhone 15 Pro Max could see a price hike of $100 to $200 (roughly Rs. 26,000) more than the iPhone 14 Pro Max. Pricing would remain similar for the s...
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Foxconn Subsidiary in Talks to Set Up $200 Million Components Plant in Tamil Nadu: Report
Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...
-
Apple Losing Over $1 Billion a Year on Apple TV+ Streaming Service: Report
Apple spent more than $5 billion (roughly Rs. 43,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million (roughly Rs. 4302 crore) last year, the report said.
-
Nothing Phone 3a Series Price in Europe Leaked Ahead of Launch Next Month
Nothing Phone 3a series is set to launch on March 4 with two models — the Phone 3a and the Phone 3a Pro. Nothing has been hyping up the phones ahead of its anticipated debut. Meanwhile, the pricing of the phones in select European regions has been leaked. The base model in the lineup is said to get a price hike by almost EUR 20 (roughly Rs. 1,800...
-
Samsung Topped Global TV Market in 2024, LG Led OLED TV Segment: Report
Samsung announced that it led the global TV set shipment market in 2024 on Tuesday. The information was based on a recent report from a market research firm. With this, the South Korean tech giant has secured its top position for the 19th consecutive time, a title it has held since 2006. Separately, LG announced that it topped the OLED TV market sh...
-
Netflix Hikes Prices in Some Countries After Record Subscriber Gains
Netflix sought to capitalise on its galloping popularity by raising prices in the US, Canada, Portugal and Argentina as it spends more on programming. In the US, the company's ad-supported service will cost $7.99 (roughly Rs. 690) a month, up from $6.99 (roughly Rs. 605), while the premium package will cost $24.99 (roughly Rs. 2,163), up nine perce...
-
Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
-
GoPro to Cut 15 Percent of Workforce in Restructuring Push
GoPro has decided to cut about 15 percent of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges in the range of $5 million (roughly Rs. 41.8 lakh) to $7 million (roughly Rs. 58.6 lakh) for the restructuring plan,
-
Samsung Galaxy Z Flip 6 Price Leaked; Tipped to Be Pricier Than Galaxy Z Flip 5
Samsung usually unveils new foldables in the second half of the year and this year's second Galaxy Unpacked event is expected to take place on July 10. As we are inching towards the rumoured launch date, speculations surrounding the features and specifications of the Galaxy Z Fold 6 and Galaxy Z Flip 6 are heating up. As per a new leak, the startin...
-
OpenAI Partners Up With Reddit to Bring Its Content to ChatGPT and New AI Products
OpenAI and Reddit have entered into a partnership which will see the artificial intelligence (AI) firm getting access to Reddit’s real-time data for ChatGPT and any new AI products the company launches in the future. Reddit will also be able to leverage OpenAI’s technology to bring AI-powered features to its platform. Notably, the social media ...
-
Binance Plans to Get India Ban Revoked, Working on Compliance Mandates: Report
Binance is looking to re-enter the Indian market, but this time as an entity registered by the Financial Intelligence Unit (FIU). The exchange is also reportedly gearing up to pay $2 million (roughly Rs. 16.7 crore) to the Indian government in penalties.
-
Apple Negotiating Deals With Publishers to Train Generative AI Systems on News Content: Report
Apple is exploring deals with major news and publishing organisations in recent weeks, as the iPhone maker seeks permission to use material from their news archives to train its generative artificial intelligence systems, according to a report in the New York Times. The firm has reportedly floated multiyear deals worth at least $50 million (roughly...
-
Web3 Gaming Market to Churn Over $614 Billion by 2030, Role Playing Games to Lead Sector: Report
The blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years, a report by Fortune Business Insights has forecasted. Dapper Labs, Sky Mavis, Animoca Brands, WAX, and Illuvium have been named in the report as key players in the global Web3 gaming market.
-
Dell Forecasts Yearly Revenue to Reach Up to 91.5 Billion Amid AI Boom, Recovering Demand for PCs
Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump.
-
Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report
A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...
-
iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report
iPhone 15 Pro models will reportedly come with a higher price tag than the ongoing models. The iPhone 15 Pro will reportedly cost up to $100 (roughly Rs. 8,000) more than the iPhone 14 Pro whereas the iPhone 15 Pro Max could see a price hike of $100 to $200 (roughly Rs. 26,000) more than the iPhone 14 Pro Max. Pricing would remain similar for the s...
-
Foxconn Subsidiary in Talks to Set Up $200 Million Components Plant in Tamil Nadu: Report
Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments...
