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Friday, April 2, 2021

Consumer Spending on Mobile Apps Hit Record $32 Billion in Q1 2021, Grew 40 Percent in a Year: App Annie

Consumer spending in apps reached $32 billion (roughly Rs. 2,34,400) in the first quarter of 2021, according to market intelligence firm App Annie. The growth was 40 percent up from the first quarter of 2020.

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Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group

Reliance Retail Ventures, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Kishore Biyani-led future group to buy its retail and wholesale business.

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Consumers spend record $32 billion on in-app purchases in Q1 2021: Report

The market grew at unprecedented speed during the Covid-19 pandemic as millions stayed home, and smartphone users spent around $9 billion more on apps and games in Q1 2021 than they did in Q1 2020, according to app analytics firm App Annie.

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S&P 500 rides Microsoft, Amazon to record close above 4,000

Data showed the number of Americans filing new claims for unemployment benefits rose unexpectedly last week. However, other data showed a measure of manufacturing activity soared to its strongest level in more than 37 years in March, with employment at factories the highest since February 2018.

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From an off-grid village to power technologist

Near Thimmannapalem, a remote village in Visakhapatnam district of Andhra Pradesh where O D Naidu spent most of his childhood, the sun gods determined the working hours. His off-grid house, built close to the farm where his father worked, did not have access to electricity till the early 2000s. Even at the government hostel in Chodavaram where he finished his schooling, the nights were usually spent in the dark due to power outages.

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India’s massive warehouses need lots of tech & talent

With GST and e-commerce came large automated warehouses, some of which can stock a million or more products. The trend got a big fillip during the pandemic as e-commerce soared. Massive warehouses are emerging that can only be managed with extensive robotisation, automation and digitisation. That’s driving the need for specialised tech talent.

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Government’s prioritisation of open source & cloud is paying off

Aadhaar and UPI are acknowledged to be path-breaking technological successes. And both have emerged from governmental institutions. But those are only the more well-known public projects. The government has been at the centre of building a variety of scalable infrastructure using open source technologies.

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Space Jam: A New Legacy Trailer Release Date Set for Saturday

Space Jam: A New Legacy’s first trailer will drop Saturday, April 3, Warner Bros. has announced.

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Twitter to introduce desktop version of Spaces soon

The popularity of Clubhouse has compelled the tech companies to come with its alternative in order to keep the users hooked to their platform. Twitter also introduced its own Clubhouse rival -- Spaces on Android and iOS. Now it appears that the microblogging platform is all set to bring Spaces to the desktop.

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LG may exit the smartphone market soon

It is now almost confirmed that LG might exit the smartphone market next week. The company has been operating a net loss for the past six years and it is quite likely that LG will shut down its mobile division.

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Facebook Backed by US Supreme Court in Case About Unwanted Texting

The US Supreme Court made it easier for businesses to pester consumers with phone calls or text messages by tossing out a lawsuit accusing Facebook of violating a federal anti-robocall law.

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Bitcoin price surge may be driving up interest in China's digital yuan, central bank says

China's digital yuan is an example of a central bank digital currency which aims to replace some of the cash in circulation.

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Microsoft 365 Services Outage Has Been Mitigated, Company Says

icrosoft said it has resolved an issue with its Microsoft 365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them.

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Twitter says looking for independent director to replace Elliott's Cohn

Twitter said it will consult with Cohn before finalizing a candidate. Cohn, who is being nominated for a re-election to the board at the 2021 annual meeting of stockholders, will resign once a new director is appointed, the company added.

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Microsoft says an outage with Microsoft 365 services mitigated

"We have confirmed that the underlying DNS outage has been mitigated. Currently we're validating the recovery of the downstream Microsoft 365 services," it said in a tweet.

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US looks to keep critical sectors safe from cyberattacks

"Our aim is to ensure that control systems serving 50,000 or more Americans have the core technology to detect and block malicious cyber activity," Anne Neuberger, deputy national security adviser, said in an interview with The Associated Press on Thursday.

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WhatsApp Users May Soon Be Able to Change Its App Colours: Report

WhatsApp is reportedly working on a new feature that will allow users to change colours inside the app. Check out all the details.

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Chinese electric car start-ups Nio and Xpeng defy first quarter weakness with March surprise

Two of China's U.S.-listed electric car start-ups beat market expectations in their March deliveries, with both companies setting quarterly records.

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Amoung Us account system and rules of conduct: What you should know



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This is how the OnePlus phone that didn't launch may have looked like

There were speculations that OnePlus will also unveil an upgraded version of OnePlus Nord along with its recent flagships OnePlus 9, OnePlus 9 Pro and OnePlus 9R. The alleged smartphone called OnePlus Nord SE (Special Edition) is now reported to have got permanently shelved.

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7 smartphones from Xiaomi, Realme, Oppo and Samsung set to launch in April



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Read CEO Tim Cook's email to employees on Apple's 45th birthday

Apple is celebrating its 45th birthday and CEO Tim Cook has sent out an email to all employees on the occasion.

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Paytm Money establishes tech development centre in Pune, to hire 250 engineers, data scientists

Paytm Money, a wholly-owned subsidiary of fintech major Paytm, said it has set up a technology development and innovation centre in Pune, and plans to hire over 250 engineers and data scientists at the facility.

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