Micron announced a significantly weaker than expected business outlook on Thursday. The company forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 crore). This has raised concern that following nearly two years of strong demand, the industry was turning towards a down…
Monthly Archives: July 2022
Elon Musk’s SpaceX has received authorisation from the US Federal Communications Commission on Thursday to use its Starlink satellite internet network with moving vehicles, green-lighting the company’s plan to expand broadband offerings to commercial airlines, shipping vessels and trucks. SpaceX, under an earlier experimental FCC license, has been testing aircraft-tai…Read More
Facebook parent Meta Platforms will reportedly reduce its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers. According to Reuters, the statement comes Meta Chief Executive Mark Zuckerberg, who cited the figure during a weekly employee Q&A session on Thursday.Read More
Garmin has launched the Forerunner 955 and Forerunner 955 Solar along with Forerunner 255 series in India. The company claims the Forerunner 955 Solar to be world’s first GPS running smartwatch with solar charging. The Power Glass solar charging on Forerunner 955 gives a claimed 50 percent more battery life and also gives athletes up…
Google has agreed to pay $90 million (nearly Rs. 711 crore) to settle a legal fight with app developers over the money they earned creating apps for Android smartphones and for enticing users to make in-app purchases, according to a court filing. There were likely 48,000 app developers eligible to apply for the $90 million fund.Read…
Instagram is testing a way to turn video posts into Reels. The Meta-owned social media platform said that the change is currently being tested with a select number of users around the world and it is part of Instagram’s plan to simplify the videos on the application. A social media consultant has shared a screenshot…
Cryptocurrency lending giants and their clients are now facing financial ruin, amid market uncertainty and the lack of regulatory guardrails. These firms, including the Celsius network, CoinFlex, and Babel Finance, tried their hand at lending, later freezing withdrawals. From the lofty goals of competing with traditional banks, here’s how cryptocurrency lending firm…Read More
OnePlus Nord 2T 5G was launched in India on Friday as the company’s latest model in the Nord series. The new OnePlus phone comes with features including triple rear cameras and a hole-punch display design.Read More
OnePlus’s Nord 2T 5G comes with a new MediaTek SoC and faster charging, but is that enough to make it a strong contender? Here’s our first impressions of OnePlus’ new mid-range offering.Read More
The Cellular Operators Association of India (COAI) which represents major telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea stated on Thursday that the decision to allocate spectrum directly to enterprises will provide a “back-door entry” for Big Tech firms. The telecom operators’ body said that firms like Amazon, Google, Cisco, Intel, Microsoft, …Read More