Chinese smartphone brands are seeing a rebound in volumes, but their cumulative revenue share is decreasing as iPhones and Samsung devices gain popularity in the premium segment. The market share of Chinese brands rose to 75% in the March quarter, bouncing back from a low of 61% in the July-September period. This growth is attributed to the shipment rebound by top brands such as Xiaomi and Vivo. However, their revenue share has fallen to 48% in Q1 CY24 from 70% in Q1 CY20, indicating the strengthening premiumisation trend.
The US government’s landmark antitrust trial against Google’s search business is nearing its conclusion, but the challenges against Big Tech’s power are just getting started. This article provides updates on the antitrust investigations and lawsuits against Amazon, Apple, Google, and Meta. It explores the allegations, the companies’ responses, and the potential impact of the rulings on the tech industry.
Indian shares rose on Monday as gains in the second-largest private lender ICICI Bank on better-than-expected quarterly profit spurred a rise in heavyweight financials. NSE Nifty 50 rose 1% at 22,643, while the S&P BSE Sensex added 1.28% to 74,671. Analysts expect the market to continue its upward trend with key indicators showing positive signals. US and European markets also showed positive momentum.
Apple has recently announced a special ‘Let Loose’ launch event that will stream on major Apple platforms. The event, which features a motion graphic of a hand holding a pencil-like item, is tentatively related to a product, possibly iPads. This article provides information on where to watch the event, the date and time, and what to expect. It also includes FAQs about Apple products.
Netflix and Apple had a less than stellar showing at the Oscars 2024, with both receiving a combined total of 32 nominations but only winning one award. Find out more about the winners and the performance of these streaming giants at the prestigious event.
Google is working on a new feature called Satellite SOS for Pixel phones, which allows users to contact emergency services and share their location without a cell phone or WiFi signal. Similar to Apple’s Emergency SOS via satellite, this feature is accessible in the Safety & Emergency section of the Settings. The settings indicate a global support and a partnership with Garmin for emergency response. The exact launch details are yet to be revealed.
Apple recently announced changes coming to the App Store for developers in the European Union due to the Digital Markets Act. However, Spotify CEO Daniel Ek criticizes Apple for proposed fees, calling them extortion. Ek claims that Apple’s new plan is a complete farce and accuses the company of behaving badly for years. Apple, on the other hand, argues that the changes benefit developers and offer more choice.
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Fans of Taylor Swift and politicians expressed outrage on Friday at AI-generated fake porn images that went viral on social media platforms. The article discusses the concerns over deepfake porn images, the consequences of AI technology advancements, and the need for safeguards.
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Apple has officially renewed the BAFTA-nominated drama series ‘Slow Horses’ for a fifth season. The show revolves around Slough House, a haven for intelligence operatives facing setbacks in their careers. Starring Gary Oldman and acclaimed for its unique narrative and exceptional performances, the series has garnered critical acclaim. The article provides information about the talented cast, Golden Globe recognition, Season 4 anticipation, and insights into the upcoming seasons.
Apple has reportedly found a way to bypass the import ban on its newer Apple Watch models. The complainant, Masimo, alleges that Apple stole its pulse oximetry technology and hired its employees to develop the feature in its smartwatches. Apple’s proposed redesign removes the pulse oximetry feature, allowing the company to continue selling the watches in the US market. The US court is still deliberating on the ban.
